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622 Middle Avenue, Elyria, OH 44035

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$175,000

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622 Middle Avenue, Elyria, OH 44035

$175,000

MLS# 5201397 Pending
  • TypeResidential Income
  • Beds5
  • Year Built
  • Baths2.0
  • Days On Market
  • Approx. Sq. Ft.
  • Lot Size

Property Description

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.


Property Details

622 Middle Avenue, Elyria, OH 44035

  • Property Type: Residential Income
  • Subtype: Triplex
  • Subdivision: O Bowen & William S Wallaces
  • County: Lorain
  • Tax Amount: $1,945
  • List Date: 04/14/2026
  • Days on Danberry.com: 53
  • Bedrooms: 5
  • Full Bathrooms: 2
  • Year Built: 1925
  • Acreage: .09
  • Waterfront Description: Public
  • Construction: Aluminum Siding
  • Heating: Gas
  • Cooling: None
  • Water: Public
  • Sewer: Public Sewer
  • Parking: Driveway, Parking Lot
  • Roof Type: Asphalt, Fiberglass
  • School District: Elyria CSD - 4706

Additional Information




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AMY BRENTLINGER

AMY BRENTLINGER


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C: 419-351-5542
O: 567-331-8305
NMLS # 1582010

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Tori Crowell

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