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  • $168,500

    622 Middle Ave, Elyria, OH 44035

    5beds
    --sqft
    Triplex, Multi Family
    Built in 1925
    -- sqft lot
    $169,000 Zestimate®
    $--/sqft
    $1,098 Estimated rent

    Home value

    $169,000

    $152,000 - $188,000

    $1,098/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kim Lewis 440-539-4864 charles.lewis@heqrealty.com,

    Home Equity Realty Group,

    Charles Lewis 440-539-4864,

    Home Equity Realty Group

    Bought with:

    Stephen Greene, 2018002092

    Keller Williams Citywide

    Source: MLS Now,MLS#: 5201397MLS LogoOriginating MLS: Medina County Board of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    Heating
    • Gas
    Cooling
    • None
    Features
    • Basement: Full,Unfinished

    Property

    Parking
    • Parking features: Driveway, Parking Lot
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 3,920 Square Feet
    Details
    • Parcel number: 0626030000002
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    Materials
    • Aluminum Siding
    • Roof: Asphalt,Fiberglass
    Condition
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: O Bowen & William S Wallaces
    Location
    • Region: Elyria

    Financial & listing details

    • Tax assessed value: $112,350
    • Annual tax amount: $1,945
    • Date on market: 4/15/2026
    • Cumulative days on market: 53 days
    • Tenant pays: None

    Price history

    DateEventPrice
    7/16/2026Sold$168,500-3.7%
    Source: MLS Now #5201397 Report a problem
    6/6/2026Pending sale$175,000
    Source: MLS Now #5201397 Report a problem
    4/30/2026Listed for sale$175,000
    Source: MLS Now #5201397 Report a problem
    4/20/2026Contingent$175,000
    Source: MLS Now #5201397 Report a problem
    4/15/2026Listed for sale$175,000+16.7%
    Source: MLS Now #5201397 Report a problem
    9/17/2024Sold$150,000+0.1%
    Source: MLS Now #5058463 Report a problem
    8/19/2024Contingent$149,900
    Source: MLS Now #5058463 Report a problem
    8/2/2024Listed for sale$149,900-56.9%
    Source: MLS Now #5058463 Report a problem
    11/28/2019Listing removed$495
    Source: Sandstone Realty Report a problem
    11/18/2019Listed for rent$495
    Source: Sandstone Realty Report a problem
    3/20/2018Sold$348,000+718.8%
    Source: Public Record Report a problem
    3/16/2018Listing removed$495
    Source: Sandstone Realty Report a problem
    3/13/2018Price change$495-23.8%
    Source: Sandstone Realty Report a problem
    11/16/2017Sold$42,500-29.2%
    Source: Public Record Report a problem
    3/3/2014Listing removed$60,000
    Source: Keller Williams Realty Greater Cleveland West #3162298 Report a problem
    7/16/2013Price change$60,000-7.7%
    Source: Keller Williams Realty Greater Cleveland West #3162298 Report a problem
    3/29/2013Listed for sale$65,000-31.6%
    Source: Keller Williams Realty Greater Cleveland West #3162298 Report a problem
    4/3/2012Listed for rent$650
    Source: GoSection8.com Report a problem
    2/12/2011Listing removed$95,000
    Source: Dominion Enterprises #3162298 Report a problem
    11/26/2010Listed for sale$95,000+61.3%
    Source: Dominion Enterprises #3162298 Report a problem
    3/27/1995Sold$58,900
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,944 -49.6%$39,320
    2024$3,861 +34.8%$39,320 +57.7%
    2023$2,865 +0.9%$24,930
    2022$2,839 +104.2%$24,930
    2021$1,391 -3%$24,930 +9.1%
    2020$1,433 +0.6%$22,860
    2019$1,425 -4.9%$22,860
    2018$1,499 +0.7%$22,860 +0.1%
    2017$1,488 +1.3%$22,840
    2016$1,469 +6.6%$22,840
    2015$1,378 +1.2%$22,840
    2014$1,362 +0.9%$22,840
    2013$1,350 +2.3%$22,840
    2012$1,320 $22,840 -70.4%
    2011-- $77,100
    2010-- --
    2009-- --
    2008$1,321 +0.4%--
    2007$1,316 +8.7%--
    2006$1,210 +17.8%--
    2005$1,027 +11.7%--
    2004$920 +3.2%--
    2003$891 -1.8%--
    2002$908 -0.9%--
    2001$916 +6%--
    2000$864 --
    Find assessor info on the county website

    Neighborhood: 44035

    Nearby schools

    GreatSchools rating
    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
    $169,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $169,000