Seller's Agent in 2025
Mark Gepperth
Keller Williams Citywide
(440) 477-0166
1 in this area
378 Total Sales
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
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
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 18, 2025
Closed on
Apr 30, 2025
Sold by
Bought by
Seller's Agent
Mark Gepperth
Keller Williams Citywide
Buyer's Agent
Shirley Ottallah
Century 21 Homestar
List Price
$214,900
Sold Price
$230,000
Premium/Discount to List
$15,100
7.03%
Views
49
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
0.0667%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 13, 2022
Closed on
Jun 17, 2022
Sold by
Bought by
Seller's Agent
Mike Stoerkel
EXP Realty, LLC.
Buyer's Agent
Brendan Kilbane
Keller Williams Citywide
List Price
$179,900
Sold Price
$190,000
Premium/Discount to List
$10,100
5.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$186,558
Interest Rate
0.0537%
Mortgage Type
FHA
Purchase Details
Listed on
Feb 10, 2020
Closed on
Apr 3, 2020
Sold by
Bought by
Seller's Agent
Kimberly Holmen Lang
Howard Hanna
Buyer's Agent
Mike Stoerkel
EXP Realty, LLC.
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.89%
Original Mortgage
$111,350
Interest Rate
0.034%
Mortgage Type
Future Advance Clause Open End Mortgage
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Home Values in the Area
Average Home Value in this Area
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 | ||
| $190,000 | Dixon Robyn R | ||
| $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 | $186,558 | ||
| Previous Owner | $111,350 | ||
| Previous Owner | $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
-
Brendan Kilbane
Seller Co-Listing Agent in 2025
Brendan Kilbane
Keller Williams Citywide
(440) 892-2211
24 Total Sales
-
Shirley Ottallah
Buyer's Agent in 2025
Shirley Ottallah
Century 21 Homestar
(216) 235-5819
8 Total Sales
-
Mike Stoerkel
M
Seller's Agent in 2022
Mike Stoerkel
EXP Realty, LLC.
(330) 701-4426
80 Total Sales
-
Kimberly Holmen Lang
K
Seller's Agent in 2020
Kimberly Holmen Lang
Howard Hanna
(440) 371-1268
58 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.
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