622 Middle Avenue, Elyria, OH 44035

Elyria
Local realty services provided by:ERA Real Solutions Realty
622 Middle Avenue,Elyria, OH 44035
$175,000
Virtual Tour
  • 5 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: kim lewis, charles lewis
Office: home equity realty group
MLS#:5201397
Source:OH_NORMLS

Price summary

  • Price:$175,000

About this home

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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1925
  • Listing ID #:5201397
  • Added:29 day(s) ago
  • Updated:May 15, 2026 at 07:23 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:12
  • Basement:Yes
  • Basement Description:Full, Unfinished

Heating and cooling

  • Heating:Gas

Structure and exterior

  • Roof:Asphalt, Fiberglass
  • Year built:1925
  • Lot area:0.09 Acres
  • Construction Materials:Aluminium Siding
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$175,000
  • Tax amount:$1,945 (2025)

Parking

  • Parking description:Driveway
MLS Logo

New listings near 622 Middle Avenue