157 Harvard Avenue
Elyria, OH 44035
- 5 beds
- 3 baths
- 2,266 sqft
- 6,534 sqft lot
- $94 per sqft
- 1900 build
- – on site
Prime Triplex Investment Opportunity in Elyria, OH – Grossing Nearly $4K/Month! Unlock the potential of this well-maintained triplex in the heart of Elyria, OH! Whether you're an investor looking for steady cash flow or a homeowner seeking rental income, this property delivers with three fully rented units generating nearly $4,000 per month. Property Breakdown: 1st Floor Unit: 2 bed, 1 bath – Long-term tenant on a month-to-month lease at $1,000/month (tenant pays electric & gas). 2nd Floor Unit: 2 bed, 1 bath – Active Airbnb rental. 3rd Floor Unit: 1 bed, 1 bath – Also an Airbnb rental. Airbnb Earnings: The 2nd and 3rd-floor units generate approximately $2,700/month combined. Key Updates & Features: New furnace installed (March 2020) Stack replacement (February 2023) First-floor water heater replaced (November 2016) Third-floor water heater manufactured in December 2011 Far-right garage door springs repaired (March 2025) 2nd and 3rd-floor units recently updated This property boasts a strong rental history, recent improvements, and a solid foundation for long-term income generation. Don't miss this opportunity to own a turnkey investment in a desirable rental market! Schedule your showing today!
Last checked:
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Last updated Mar 19, 2025
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MLS# 5104764 —
The Building
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Year Built:1900
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Year Built Source:PublicRecords
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Construction Materials:VinylSiding
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Levels:ThreeOrMore,Two
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Stories:2
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Roof:Asphalt,Fiberglass
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Basement:CommonBasement,Full,Unfinished
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Basement:true
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# of Buildings:1
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Above Grade Finished Area:2266.0
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Above Grade Finished Area Source:Assessor
Interior
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Rooms Total:12
Room Dimensions
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Living Area:2266.0
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Living Area Units:SquareFeet
Location
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Directions:E. Broad Street to Park Ave to Harvard
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Latitude:41.361872
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Longitude:-82.098403
The Property
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Parcel Number:06-25-005-103-015
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Property Type:ResidentialIncome
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Property Subtype:Triplex
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Property Subtype Additional:Triplex
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Lot Size Acres:0.15
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Lot Size Area:0.15
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Lot Size Units:Acres
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Lot Size Source:Assessor
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (440) 477-0166
- Office phone:
- (440) 892-2211
Taxes
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Tax Year:2024
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Tax Legal Description:E HTS FRNT 0050.00 DPTH 0135.00
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Tax Annual Amount:$3,101
Beds
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Bedrooms Total:5
Baths
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Total Baths:3
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Full Baths:3
The Listing
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Listing Terms:Cash,Conventional,FHA,VaLoan
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Home Warranty:false
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Virtual Tour URL Unbranded 3:https://www.propertypanorama.com/157-Harvard-Avenue-Elyria-OH-44035/unbranded
Heating & Cooling
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Heating:ForcedAir,Gas
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:Public
Appliances
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Laundry Features:CommonArea
Schools
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Elementary School District:Elyria CSD - 4706
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Middle School District:Elyria CSD - 4706
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High School District:Elyria CSD - 4706
The Community
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Subdivision Name:Eastern Heights Land Companys 01
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Pool Private:false
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:3.0
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Carport:false
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Parking Features:Detached,Garage,Paved
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/18/25
Mar 18, 2025
|
Listed / Active | MLS_NOW | $214,900 | |
|
4/7/20
Apr 7, 2020
|
Sold | MLS_NOW |
