122 Elbe Street, Elyria, OH 44035

Elyria
Local realty services provided by:Better Homes and Gardens Real Estate Central
122 Elbe Street,Elyria, OH 44035
$203,750
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  • 4 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: tal tamir, benjamin peleg
Office: russell real estate services
MLS#:5205281
Source:OH_NORMLS

Price summary

  • Price:$203,750

About this home

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.

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Home facts

  • Year built:1900
  • Subdivision & Development:W L Fays Add
  • Listing ID #:5205281
  • Added:107 day(s) ago
  • Updated:August 14, 2026 at 09:42 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:12
  • Basement:Yes

Structure and exterior

  • Year built:1900
  • Lot area:0.12 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$203,750
  • Tax amount:$4,457 (2025)

Parking

  • Parking description:Driveway
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