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122 Elbe Street, Elyria, OH 44035

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  • Price Reduced$43,000
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$210,000

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122 Elbe Street, Elyria, OH 44035

$210,000

MLS# 5205281 Active
  • TypeResidential Income
  • Beds4
  • Year Built
  • Baths4.0
  • Days On Market
  • Approx. Sq. Ft.
  • Lot Size

Property Description

Income-generating property with established tenancy 122 Elbe St in Elyria, offered exclusively as part of a 19-unit portfolio-no individual sales. This fully occupied four-unit property delivers strong, immediate cash flow with current rents of $725, $760, $760, and $900, all on month-to-month leases, providing consistent income across the building. Expense structure varies by unit, with owner-paid water, sewer, and trash throughout, gas included for two units, and tenants responsible for remaining utilities. The property offers a functional multi-unit layout with steady rental demand, supporting long-term occupancy. Ideal for investors seeking to expand their portfolio with a stabilized asset, this property contributes reliable income as part of a larger, income-producing portfolio.


Property Details

122 Elbe Street, Elyria, OH 44035

  • Property Type: Residential Income
  • Subtype: Quadruplex
  • Subdivision: W L Fays Add
  • County: Lorain
  • Tax Amount: $4,457
  • List Date: 04/29/2026
  • Days on Danberry.com: 57
  • Bedrooms: 4
  • Full Bathrooms: 4
  • Year Built: 1900
  • Acreage: .12
  • Waterfront Description: Other
  • Construction: Frame, Other
  • Heating: Other
  • Cooling: None
  • Water: Other
  • Sewer: Other
  • Parking: Driveway
  • Roof Type: Other
  • School District: Elyria CSD - 4706

Additional Information




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