Attention investors! Welcome to this fully occupied, income-generating duplex, minutes from downtown Elyria. Unit A is 1 bedroom/1 bath occupied with a market rate tenant at $650 monthly. Unit B is 2 bedrooms/1 bath occupied with a market rate tenant at $750 monthly. Amazing opportunity to just collect rents! 16+% ROI. Perfect addition to your portfolio!
Closed
$84,000
240 8th St, Elyria, OH 44035
3beds
1,999sqft
Duplex, Multi Family
Built in 1900
-- sqft lot
$120,900 Zestimate®
$42/sqft
$1,298 Estimated rent
Home value
$120,900
$97,000 - $145,000
$1,298/mo
Zestimate® history
Owner options
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$1,298/mo
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$1,298/mo
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$445/mo
Est. payment
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$445/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Armani Adames 216-370-8550,
Russell Real Estate Services
Bought with:
Brian C Gilbert, 2015000042
Coldwell Banker Schmidt Realty
Source: MLS Now,MLS#: 5007227
Originating MLS: Akron Cleveland Association of REALTORS
Originating MLS: Akron Cleveland Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- None
Features
- Basement: Full
Interior area
- Total structure area: 1,999
- Total interior livable area: 1,999 sqft
- Finished area above ground: 1,999
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Detached, Garage, On Street
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.25 Acres
Details
- Parcel number: 0626022101006
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: R H Penfields Add
Location
- Region: Elyria
Financial & listing details
- Price per square foot: $42/sqft
- Tax assessed value: $128,540
- Annual tax amount: $1,584
- Date on market: 12/16/2023
- Cumulative days on market: 15 days
- Listing terms: Cash,Conventional
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 2/20/2024 | Sold | $84,000-6.6%$42/sqft |
Source:  MLS Now #5007227 Report a problem | ||
| 2/2/2024 | Pending sale | $89,900$45/sqft |
Source: MLS Now #5007227 Report a problem | ||
| 1/23/2024 | Listed for sale | $89,900$45/sqft |
Source: MLS Now #5007227 Report a problem | ||
| 12/20/2023 | Pending sale | $89,900$45/sqft |
Source: MLS Now #5007227 Report a problem | ||
| 12/16/2023 | Listed for sale | $89,900+62%$45/sqft |
Source: MLS Now #5007227 Report a problem | ||
| 8/23/2022 | Sold | $55,500-26%$28/sqft |
Source: Public Record Report a problem | ||
| 9/21/2019 | Listing removed | $75,000$38/sqft |
Source: Keller Williams Greater Cleveland #4110401 Report a problem | ||
| 6/28/2019 | Listed for sale | $75,000+219.1%$38/sqft |
Source: Keller Williams Greater Cleveland #4110401 Report a problem | ||
| 4/14/2018 | Listing removed | $750 |
Source: Owner Report a problem | ||
| 4/10/2018 | Listed for rent | $750 |
Source: Zillow Rental Manager Report a problem | ||
| 9/22/2017 | Sold | $23,500-16.1%$12/sqft |
Source: MLS Now #3936910 Report a problem | ||
| 9/21/2017 | Pending sale | $28,000$14/sqft |
Source: Greater Cleveland Southwest #3936910 Report a problem | ||
| 8/31/2017 | Listed for sale | $28,000-20%$14/sqft |
Source: Keller Williams Grt Cleve SW #3936910 Report a problem | ||
| 7/9/2017 | Listing removed | $35,000$18/sqft |
Source: Greater Cleveland Southwest #3825700 Report a problem | ||
| 6/5/2017 | Price change | $35,000-22.2%$18/sqft |
Source: Greater Cleveland Southwest #3825700 Report a problem | ||
| 1/31/2017 | Price change | $45,000-10%$23/sqft |
Source: Keller Williams - Greater Cleveland Southwest #3825700 Report a problem | ||
| 9/22/2016 | Price change | $50,000-9.1%$25/sqft |
Source: Keller Williams - Greater Cleveland Southwest #3825700 Report a problem | ||
| 7/11/2016 | Listed for sale | $55,000$28/sqft |
Source: Keller Williams Grt Cleve SW #3825700 Report a problem | ||
| 5/26/1995 | Sold | $55,000$28/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,181 +37.3% | $44,990 +58.1% |
| 2023 | $1,589 +0.3% | $28,460 |
| 2022 | $1,584 -1.7% | $28,460 |
| 2021 | $1,612 -4.3% | $28,460 +9.1% |
| 2020 | $1,685 +3.6% | $26,090 |
| 2019 | $1,626 -4.9% | $26,090 |
| 2018 | $1,710 +2.5% | $26,090 +3.9% |
| 2017 | $1,668 +3.3% | $25,110 |
| 2016 | $1,615 +6.6% | $25,110 |
| 2015 | $1,515 +1.2% | $25,110 |
| 2014 | $1,497 +0.9% | $25,110 |
| 2013 | $1,484 +2.3% | $25,110 |
| 2012 | $1,451 | $25,110 |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | -- |
| 2008 | $1,606 +0.4% | -- |
| 2007 | $1,600 +8.7% | -- |
| 2006 | $1,472 +11.8% | -- |
| 2005 | $1,316 +11.7% | -- |
| 2004 | $1,179 +3.4% | -- |
| 2003 | $1,139 -1.1% | -- |
| 2002 | $1,152 -0.9% | -- |
| 2001 | $1,162 +6% | -- |
| 2000 | $1,096 | -- |
Find assessor info on the county website
Neighborhood: 44035
Nearby homes
- $--1 bd1 ba650 sqft240 8th St #A, Elyria, OH 44035Off Market
- $114,9004 bd2 ba1.7k sqft244 8th St, Elyria, OH 44035Off Market
- $143,8005 bd2 ba1.8k sqft234 8th St, Elyria, OH 44035Off Market
- $93,6004 bd1 ba1.7k sqft246 8th St, Elyria, OH 44035Off Market
- $220,0004 bd2 ba2.2k sqft250 8th St, Elyria, OH 44035Sold
- $94,7003 bd1 ba1.4k sqft224 8th St, Elyria, OH 44035Off Market
- $22,4704 bd2 ba1.7k sqft224 8th St, Elyria, OH 44035Off Market
- $116,9002 bd2 ba2k sqft241 9th St, Elyria, OH 44035Off Market
Nearby schools
GreatSchools rating
- 2/10Franklin Elementary SchoolGrades: PK-4Distance: 0.4 mi
- 5/10Eastern Heights Middle SchoolGrades: 5-8Distance: 0.9 mi
- 3/10Elyria High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- District: Elyria CSD - 4706
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$120,900
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$120,900
- Ohio
- Lorain County
- Elyria
- 44035
- 240 8th St
Nearby cities
Nearby zip codes
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