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Pending
    • $175,000

    622 Middle Ave, Elyria, OH 44035

    5beds
    --sqft
    : 
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    Triplex, Multi Family
    Built in 1925
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    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.
    90 days
    |
    29
    |
    0
    |

    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

    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
      Video & virtual tour

      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: 92 days
      • Tenant pays: None

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        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
        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

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 44035

        Getting around

        64 / 100
        Somewhat Walkable
        56 / 100
        Bikeable

        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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