122 Elbe ST, Elyria, OH 44035
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122 Elbe ST, Elyria, OH 44035
122 Elbe ST, Elyria, OH 44035
122 Elbe ST, Elyria, OH 44035
122 Elbe ST, Elyria, OH 44035
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Michael Henry

Michael Henry

+1(216) 973-1402
$ 203,750
Est. payment /mo
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Active

122 Elbe ST Elyria, OH 44035

4 Beds

4 Baths

5,227 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision W L Fays Add

MLS Listing ID 5205281

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 1900

Annual Tax Amount $4,457

Tax Year 2025

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Quadruplex

Property Description

Income-generating property with established tenancy 122 Elbe St in Elyria, offered exclusively as part of a 19-unit portfolio-no individual sales. This fully occupied four-unit property delivers strong, immediate cash flow with current rents of $725, $760, $760, and $900, all on month-to-month leases, providing consistent income across the building. Expense structure varies by unit, with owner-paid water, sewer, and trash throughout, gas included for two units, and tenants responsible for remaining utilities. The property offers a functional multi-unit layout with steady rental demand, supporting long-term occupancy. Ideal for investors seeking to expand their portfolio with a stabilized asset, this property contributes reliable income as part of a larger, income-producing portfolio.

Location

State OH

County Lorain

Rooms

Basement Other

Interior

Heating Other

Cooling None

Fireplace No

Exterior

Parking Features Driveway

Water Access Desc Other

Roof Type Other

Private Pool No

Building

Sewer Other

Water Other

Level or Stories Two

Schools

School District Elyria Csd - 4706

Others

Tax ID 06-24-087-101-019

Special Listing Condition Standard

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Tal Tamir • Russell Real Estate Services • tal@premierclevelandinvesting.com, 216-870-8687

Nearby Locations

Michael Henry
Michael Henry

CEO, REALTOR, CLHMS - Certified Luxury Home Marketing Specialist™ Real Estate Sales License 2014003328

+1(216) 973-1402 | michael.henry.oh@exprealty.com

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122 Elbe ST