Feliz Colon
Keller Williams Living
(234) 704-3050
179 Total Sales
1 in Elyria
$298,500 Price
157 Harvard Ave Elyria, OH 44035
Elyria Area
5
Beds
3
Baths
2,266
Sq Ft
6,534
Sq Ft Lot
About This Home
As of May 2025Prime Triplex Investment Opportunity in Elyria, OH – Grossing Nearly $4K/Month! Unlock the potential of this well-maintained triplex in the heart of Elyria, OH! Whether you're an investor looking for steady cash flow or a homeowner seeking rental income, this property delivers with three fully rented units generating nearly $4,000 per month. Property Breakdown: 1st Floor Unit: 2 bed, 1 bath – Long-term tenant on a month-to-month lease at $1,000/month (tenant pays electric & gas).
2nd Floor Unit: 2 bed, 1 bath – Active Airbnb rental.
3rd Floor Unit: 1 bed, 1 bath – Also an Airbnb rental.
Airbnb Earnings: The 2nd and 3rd-floor units generate approximately $2,700/month combined.
Key Updates & Features: New furnace installed (March 2020)
Stack replacement (February 2023)
First-floor water heater replaced (November 2016)
Third-floor water heater manufactured in December 2011
Far-right garage door springs repaired (March 2025)
2nd and 3rd-floor units recently updated This property boasts a strong rental history, recent improvements, and a solid foundation for long-term income generation. Don't miss this opportunity to own a turnkey investment in a desirable rental market! Schedule your showing today!
Last Agent to Sell the Property
Keller Williams Citywide Brokerage Email: Mgepperth@aol.com 440-477-0166 License #427039 Listed on: 03/18/2025
Co-Listed By
Keller Williams Citywide Brokerage Email: Mgepperth@aol.com 440-477-0166 License #2021003060
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,101
Year Built
- Built in 1900
Lot Details
- 6,534 Sq Ft Lot
Parking
- 3 Car Detached Garage
Home Design
- Triplex
- Fiberglass Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2,266 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- Eastern Heights Land Companys 01 Subdivision
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, heat
- The owner pays for sewer, trash collection, water
- Assessor Parcel Number 06-25-005-103-015
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Elyria, OH
-
Feliz Colon
-
Tresa Klein
Tresa Klein
Keller Williams Elevate
(440) 379-8357
159 Total Sales
3 in Elyria
$102K - $190K Price Range
-
Valerie Corrigan
Valerie Corrigan
Russell Real Estate Services
(216) 485-3904
70 Total Sales
1 in Elyria
$272,000 Price
-
Adam Bellinski
Adam Bellinski
Russell Real Estate Services
(234) 278-1344
433 Total Sales
3 in Elyria
$200K - $270K Price Range
-
Charles Burmeister
Charles Burmeister
Responds QuicklyKeller Williams Chervenic Rlty
(440) 671-7483
72 Total Sales
1 in Elyria
$350,000 Price
-
John Fitch
John Fitch
Market First Real Estate Services
(440) 597-3492
170 Total Sales
21 in Elyria
$52K - $255K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $230,000 | First American Title | ||
| Norris Gavin G | $190,000 | Dixon Robyn R | |
| Gsb Capital Llc | $145,000 | Guardian Title |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $172,500 | ||
| Previous Owner | Norris Gavin G | $186,558 | |
| Previous Owner | Gsb Capital Llc | $111,350 | |
| Previous Owner | Hyatt Donald G | $90,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/01/2025 05/01/25 | Sold | $230,000 | +7.0% | $102 / Sq Ft | |
| 03/31/2025 03/31/25 | Pending | -- | -- | -- | |
| 03/18/2025 03/18/25 | For Sale | $214,900 | +13.1% | $95 / Sq Ft | |
| 07/01/2022 07/01/22 | Sold | $190,000 | +5.6% | $84 / Sq Ft | View Prior Sale |
| 05/18/2022 05/18/22 | Pending | -- | -- | -- | |
| 05/13/2022 05/13/22 | For Sale | $179,900 | +24.1% | $79 / Sq Ft | |
| 04/07/2020 04/07/20 | Sold | $145,000 | -3.3% | $64 / Sq Ft | View Prior Sale |
| 02/24/2020 02/24/20 | Pending | -- | -- | -- | |
| 02/10/2020 02/10/20 | For Sale | $149,900 | -- | $66 / Sq Ft |
Source: MLS Now
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,101 | $63,298 | $7,791 | $55,507 |
| 2023 | $2,938 | $52,745 | $7,980 | $44,765 |
| 2022 | $2,935 | $52,745 | $7,980 | $44,765 |
| 2021 | $2,942 | $52,745 | $7,980 | $44,765 |
| 2020 | $2,829 | $45,120 | $6,830 | $38,290 |
| 2019 | $2,812 | $45,120 | $6,830 | $38,290 |
| 2018 | $1,661 | $45,120 | $6,830 | $38,290 |
| 2017 | $2,527 | $38,800 | $7,310 | $31,490 |
| 2016 | $2,495 | $38,800 | $7,310 | $31,490 |
| 2015 | $2,341 | $38,800 | $7,310 | $31,490 |
| 2014 | $2,290 | $38,420 | $7,240 | $31,180 |
| 2013 | $2,270 | $38,420 | $7,240 | $31,180 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Gepperth
Seller's Agent in 2025
Mark Gepperth
Keller Williams Citywide
(440) 477-0166
374 Total Sales
-
Brendan Kilbane
Seller Co-Listing Agent in 2025
Brendan Kilbane
Keller Williams Citywide
(440) 892-2211
26 Total Sales
-
Shirley Ottallah
Buyer's Agent in 2025
Shirley Ottallah
Century 21 Homestar
(216) 235-5819
9 Total Sales
-
Mike Stoerkel
MS
Seller's Agent in 2022
Mike Stoerkel
EXP Realty, LLC.
(330) 701-4426
80 Total Sales
-
Kimberly Holmen Lang
KH
Seller's Agent in 2020
Kimberly Holmen Lang
Howard Hanna
(440) 371-1268
57 Total Sales
Map
Source: MLS Now
MLS Number: 5104764
APN: 06-25-005-103-015
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 140 Cornell Ave
- 901 Park Ave
- 109 Stanford Ave
- 323 Denison Ave
- 616 East Ave
- 354 Cornell Ave
- 358 Cambridge Ave
- 224 6th St
- 0 V L East Ave
- 237 E Broad St
- 334 Yale Ave
- 228 Gates Ave
- 335 Vassar Ave
- 231 Howe St
- 522 Eastern Heights Blvd
- 934 Middle Ave
- 208 Georgia Ave
- 237 Wooster St
- 222 Wooster St
- 352 8th St
- 615 Sherman St
- 160 Harvard Ave
- 156 Harvard Ave
- 161 Harvard Ave
- 165 Harvard Ave
- 206 Harvard Ave
- 201 Harvard Ave
- 161 Eastern Heights Blvd
- 205 Harvard Ave
- 153 Harvard Ave
- 153 Eastern Heights Blvd
- 157 Eastern Heights Blvd
- 210 Harvard Ave
- 209 Harvard Ave
- 201 Eastern Heights Blvd
- 149 Eastern Heights Blvd
- 712 Sherman St
- 149 Harvard Ave
- 144 Harvard Ave
- 207 Eastern Heights Blvd
Your Personal Tour Guide
Ask me questions while you tour the home.