231 Howe St Elyria, OH 44035
Estimated payment $713/month
Highlights
- Cape Cod Architecture
- No HOA
- 1 Car Detached Garage
About This Home
Cash-flowing asset with tenant in place at 231 Howe St in Elyria, offered exclusively as part of a 19-unit portfolio-no individual sales. This occupied property generates $1,300 per month on a month-to-month lease, providing immediate rental income. The tenant is responsible for all utilities, helping to keep operating expenses low and maximize net returns. The home features a functional layout with strong rental appeal and is situated in an area with consistent demand. A solid addition to a larger portfolio, this property contributes steady income and operational efficiency within a diversified, income-producing package.
Listing Agent
Russell Real Estate Services Brokerage Email: tal@premierclevelandinvesting.com, 216-870-8687 License #2018001908 Listed on: 04/29/2026
Co-Listing Agent
Russell Real Estate Services Brokerage Email: tal@premierclevelandinvesting.com, 216-870-8687 License #2025002962
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,500
Year Built
- Built in 1900
Parking
- 1 Car Detached Garage
Home Design
- Cape Cod Architecture
- Frame Construction
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1.5 Bathrooms
Additional Features
- 1.5-Story Property
- 5,663 Sq Ft Lot
- No Cooling
- Basement
Community Details
- No Home Owners Association
- Howe Subdivision
Listing and Financial Details
- Assessor Parcel Number 06-26-014-101-008
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $1,471 | $30,338 | $6,370 | $23,968 |
| 2023 | $1,176 | $21,077 | $3,693 | $17,385 |
| 2022 | $1,144 | $21,077 | $3,693 | $17,385 |
| 2021 | $1,147 | $21,077 | $3,693 | $17,385 |
| 2020 | $1,182 | $19,330 | $3,390 | $15,940 |
| 2019 | $1,175 | $19,330 | $3,390 | $15,940 |
| 2018 | $1,168 | $19,330 | $3,390 | $15,940 |
| 2017 | $1,159 | $18,230 | $3,190 | $15,040 |
| 2016 | $1,143 | $18,230 | $3,190 | $15,040 |
| 2015 | $1,071 | $18,230 | $3,190 | $15,040 |
| 2014 | $1,058 | $18,230 | $3,190 | $15,040 |
| 2013 | $1,048 | $18,230 | $3,190 | $15,040 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/29/2026 04/29/26 | For Sale | $110,000 | +168.3% | -- | |
| 01/04/2022 01/04/22 | Sold | $41,000 | +2.5% | $26 / Sq Ft | View Prior Sale |
| 12/17/2021 12/17/21 | Pending | -- | -- | -- | |
| 12/16/2021 12/16/21 | For Sale | $40,000 | -- | $25 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,050,000 | None Listed On Document | |
| Warranty Deed | $41,000 | American Patriot Title Agcy | |
| Quit Claim Deed | -- | None Available | |
| Certificate Of Transfer | -- | None Available | |
| Certificate Of Transfer | -- | -- | |
| Deed | $15,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $765,000 | Credit Line Revolving |
Source: MLS Now
MLS Number: 5205328
APN: 06-26-014-101-008
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Ask me questions while you tour the home.