Income-producing triplex in Fairport Harbor with projected gross rental income of approximately $2,700 per month. Each unit includes a dedicated garage space in the detached three-car garage. The property also features a shared basement with separate washer and dryer hookups for each unit. Tenants pay all utilities except water. Two lower units were cosmetically updated in 2023 with new cabinets, flooring, countertops, paint, and appliances. The upper unit is currently vacant with estimated market rent of approximately $850 per month, offering flexibility for a new tenant or potential owner-occupancy. The upper unit furnace located in the attic has also been recently replaced. The home features a recently installed roof and is currently located near Fairport Harbor beach, parks, and local amenities. Structural engineer report and contractor proposal available for review.
Active
Price cut: $20K (6/18)
$199,000
423 7th St, Fairport Harbor, OH 44077
4beds
1,908sqft
Triplex, Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$104/sqft
$-- HOA
What's special
Recently installed roof
- 137 days
- 818
- 55
Zillow last checked:
Listing updated:
Listed by:
Aaron Harden 440-785-1213 aaronharden.realtor@gmail.com,
HomeSmart Real Estate Momentum LLC,
Anne Marie Harden 440-785-8510,
HomeSmart Real Estate Momentum LLC
Source: MLS Now,MLS#: 5203543
Originating MLS: Lake Geauga Area Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Gas, Hot Water, Steam
Cooling
- Window Unit(s)
Appliances
- Laundry: In Basement
Features
- Basement: Unfinished
Interior area
- Total structure area: 1,908
- Total interior livable area: 1,908 sqft
- Finished area above ground: 1,908
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Detached, Garage
- Garage spaces: 3
Features
- Levels: Three Or More
Lot
- Size: 5,279 Square Feet
Details
- Parcel number: 14A0150000080
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Unknown
- Roof: Asphalt
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Mighton & Merrills Sub
Location
- Region: Fairport Harbor
Financial & listing details
- Price per square foot: $104/sqft
- Tax assessed value: $154,220
- Annual tax amount: $3,825
- Date on market: 4/24/2026
- Cumulative days on market: 138 days
- Listing terms: Cash,Conventional,1031 Exchange,FHA 203(k),VA Loan
- Tenant pays: Electricity, Gas, Internet, Sewer, Trash Collection
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Price change | $199,000-9.1%$104/sqft |
Source: | ||
| 5/6/2026 | Price change | $219,000-4.4%$115/sqft |
Source: | ||
| 4/24/2026 | Listed for sale | $229,000+69.6%$120/sqft |
Source: | ||
| 6/30/2023 | Sold | $135,000+90.1%$71/sqft |
Source: Public Record Report a problem | ||
| 2/27/1997 | Sold | $71,000$37/sqft |
Source: MLS Now #833647 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,826 +10.6% | $53,970 |
| 2024 | $3,459 +10.3% | $53,970 +23.2% |
| 2023 | $3,137 -0.3% | $43,790 |
| 2022 | $3,145 -1% | $43,790 |
| 2021 | $3,176 +11.4% | $43,790 +22% |
| 2020 | $2,852 -0.2% | $35,900 |
| 2019 | $2,857 +23.5% | $35,900 +26.1% |
| 2018 | $2,314 | $28,480 |
| 2017 | $2,314 +0.4% | $28,480 |
| 2016 | $2,305 +11.8% | $28,480 |
| 2015 | $2,062 +0.6% | $28,480 |
| 2014 | $2,050 -0.1% | $28,480 |
| 2013 | $2,052 +0.2% | $28,480 |
| 2012 | $2,048 -20.5% | $28,480 -28% |
| 2011 | $2,575 +7.4% | $39,530 |
| 2010 | $2,397 +3.3% | $39,530 +0% |
| 2009 | $2,322 -2.1% | $39,529 -9% |
| 2008 | $2,372 +1% | $43,442 |
| 2007 | $2,350 -51.7% | $43,442 |
| 2006 | $4,869 +23.9% | $43,442 +25% |
| 2005 | $3,930 +5.9% | $34,756 |
| 2004 | $3,712 +1.8% | $34,756 |
| 2003 | $3,647 +27.6% | $34,756 +25.2% |
| 2002 | $2,858 -0.1% | $27,755 |
| 2001 | $2,861 -0.8% | $27,755 |
| 2000 | $2,885 +9.2% | $27,755 +9.1% |
| 1999 | $2,641 | $25,449 |
Find assessor info on the county website
Monthly payment
Est. payment






