Ryan King
King Realty
(440) 581-1296
62 Total Sales
8 in Elyria
$100K - $188K Price Range
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
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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
-
Ryan King
-
Chris Higgins
Chris Higgins
Responds QuicklyKeller Williams Citywide
(440) 597-3464
140 Total Sales
9 in Elyria
$27K - $250K Price Range
-
Angela Foster
Angela Foster
Classic Realty Group, Inc.
(216) 350-2776
120 Total Sales
7 in Elyria
$152K - $303K Price Range
-
Jason Smith
Jason Smith
Coldwell Banker Schmidt Realty
(216) 340-9922
23 Total Sales
1 in Elyria
$155,000 Price
-
Noureddine Chehade
Noureddine Chehade
EXP Realty, LLC.
(216) 284-3732
404 Total Sales
4 in Elyria
$75K - $339K Price Range
-
Sam Awadallah
Sam Awadallah
McDowell Homes Real Estate Services
(440) 530-4498
84 Total Sales
1 in Elyria
$164,000 Price
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.
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