$168,500
SOLD JUL 16, 2026

622 Middle Ave Elyria, OH 44035

Elyria Area
5 Beds
2 Baths
2,560 Sq Ft
3,920 Sq Ft Lot

Sale Details

Date Sold: July 16, 2026

$66 Per Sq Ft

4% Below List Price

53 Days on Market

About This Home

As of July 2026

Triplex investment opportunity in Elyria featuring two 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit, offering a strong unit mix for consistent rental demand. The two-bedroom units are currently rented at $850 and $725, with one lease secured through March 2027 and the other recently expired, providing flexibility for potential rent increases, while the one-bedroom unit is rented at $550 on a month-to-month lease. Tenants do not pay utilities, with the owner responsible for water, gas, and electric. The property has been well maintained, making it a solid addition to any investment portfolio with both stable income and value-add potential. Seller also owns multiple properties throughout Cleveland, Lorain, and Akron and is willing to sell properties individually or as packaged portfolios, giving buyers the flexibility to pick and choose assets to fit their investment strategy.

Last Agent to Sell the Property

Kimberly Lewis

Home Equity Realty Group Brokerage Email: charles.lewis@heqrealty.com, 440-539-4864 License #2017004453 Listed on: 04/14/2026

Co-Listed By

Charles Lewis

Home Equity Realty Group Brokerage Email: charles.lewis@heqrealty.com, 440-539-4864 License #2020001184

Last Buyer's Agent

Stephen Greene

Keller Williams Citywide License #2018002092

Keller Williams Citywide
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,945

Year Built

  • Built in 1925

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • Triplex
  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Parking Lot

Utilities

  • No Cooling
  • Heating System Uses Gas

Community Details

  • O Bowen & William S Wallaces Subdivision

Listing and Financial Details

  • The owner pays for all utilities
  • Assessor Parcel Number 06-26-030-000-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,945

Year Built

Built in 1925

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Triplex
  • Year Built: 1925
  • Attribution Contact: charles.lewis@heqrealty.com, 440-539-4864
  • Co List Office Phone: 330-952-2244
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: O Bowen & William S Wallaces
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2025
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.09
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Parking Lot

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Elyria CSD - 4706

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 06-26-030-000-002

Rental Info

  • Owner Pays: All Utilities
  • Tenant Pays: None

Tax Info

  • Tax Annual Amount: 1945.0

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
Aug 1, 2024
Closed on
Sep 24, 2024
Sold by
Bought by
Seller's Agent
Christopher Frederick
Coldwell Banker Schmidt Realty
Buyer's Agent
Charles Lewis
Home Equity Realty Group
List Price
$149,900
Sold Price
$150,000
Premium/Discount to List
$100
0.07%
Views
29

Purchase Details

Closed on
Mar 19, 2018
Sold by
Bought by

Purchase Details

Closed on
Nov 1, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
8.66%

Purchase Details

Closed on
Mar 27, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $150,000 First Source Title
Deed $348,000 --
Deed $42,500 --
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- First Service Title Agency I
Deed $58,900 --
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 Loan Amount Loan Type
Previous Owner $57,000 Commercial
Previous Owner $57,000 Commercial
Previous Owner $59,000 No Value Available
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
07/16/2026 07/16/26 Sold $168,500 -3.7% $66 / Sq Ft
06/06/2026 06/06/26 Pending -- -- --
04/14/2026 04/14/26 For Sale $175,000 +16.7% $68 / Sq Ft
09/17/2024 09/17/24 Sold $150,000 +0.1% $38 / Sq Ft View Prior Sale
08/19/2024 08/19/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $149,900 -- $38 / 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 $1,944 $39,323 $5,352 $33,971
2023 $1,432 $24,938 $3,105 $21,833
2022 $1,420 $24,938 $3,105 $21,833
2021 $1,391 $24,938 $3,105 $21,833
2020 $1,433 $22,860 $2,850 $20,010
2019 $1,425 $22,860 $2,850 $20,010
2018 $1,427 $22,860 $2,850 $20,010
2017 $1,488 $22,840 $2,670 $20,170
2016 $1,469 $22,840 $2,670 $20,170
2015 $1,378 $22,840 $2,670 $20,170
2014 $1,362 $22,840 $2,670 $20,170
2013 $1,350 $22,840 $2,670 $20,170
Source: Public Records

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Map

Source: MLS Now

MLS Number: 5201397

MLS Now

APN: 06-26-030-000-002

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