122 Elbe Street, Elyria, OH 44035 - $210,000
- Beds: 4
- Baths: 4 full
- Sq. Feet: 0
- Days on Site: 46
Comments for 122 Elbe Street, Elyria, OH 44035
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.
$210,000
Estimated Monthly Payment: $900.04 (including taxes & insurance estimates)
Edit mortgage details for a more accurate paymentProperty Details
| City: Elyria | Property Type: Multi Unit - Multiple | |
| Subdivision: W L Fays Add | Lot Size: 0.12 Acres | |
| School District: Elyria City | Bedrooms: 4 | |
| Taxes: $4,457 | Bathrooms: 4 full | |
| Status: Active | Year Built: 1900 | |
| MLS#: 5205281 |
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| Property Type: Multi Unit - Multiple | Parcel#: 06-24-087-101-019 | |
| Basement: Yes | Parking: Driveway | |
| Basement: Other | Roof Type: Other | |
| Cooling: None | Sewer: Other | |
| Days on Site: 46 | Stories: 2.0 | |
| Exterior: Frame, Other | Taxes: $4,457 | |
| Heating: Other | Water: Other | |
| Lot Size: 0.12 Acres | Year Built: 1900 |
School Information
| School District: Elyria City |
Listed By
Agency Name: Russell Real Estate Services
Agency Contact: tal@premierclevelandinvesting.com, 216-870-8687
Shown By
Agency Title: Cutler Real Estate
Agency Phone: 555-555-5555
Lorain County Demographic Information
| Fips |
| Fips Code39093 |
| Population |
| 2020 to 2025 Changeup 3.3% |
| 2010 Count301,356 |
| 2020 Count312,964 |
| 2025 Estimate (V2025)323,219 |
| 2020 Estimate (V2025)312,956 |
| Age Distribution (Years Old) |
| 0 to 45.2% |
| 5 to 1721.1% |
| 18 to 6453.0% |
| 65 and Older20.7% |
| Gender |
| Male49.6% |
| Female50.4% |
| Place of Birth |
| Foreign3.1% |
| US96.9% |
| Education |
| High School Graduate, Age 25+91.8% |
| Bachelor's Degree or Higher, Age 25+28.5% |
| Computer and Internet use |
| Households with a computer94.8% |
| Households with a broadband Internet subscription88.9% |
| Language |
| English is Second Language, Age 5+7.8% |
| English is First Language, Age 5+92.2% |
| Veterans |
| Veterans18,512 |
| Income |
| Per Capita Income$40,798 |
| Median Household Income$73,347 |
| People in Poverty10.8% |
| Commute |
| Average Work Commute Time26 minutes |
| Housing |
| Total Housing Units136,666 |
| Households127,544 |
| Average Household Size2.42 |
| Owner-Occupied74.0% |
| Multi-Family17.0% |
| Owner-Occupied Median Value$223,200 |
| Median selected monthly owner costs -with a mortgage$1,525 |
| Median selected monthly owner costs -without a mortgage$629 |
| Median gross rent$966 |
| Building Permits |
| New Private Housing Issued 20241,331 |
| Years at Residence |
| 1 Year or More90.9% |
| Less Than 1 Year9.1% |
| Business and Employment |
| Private non-farm Establishments5,664 |
| Private non-farm Employment89,159 |
| Private non-farm Employment Growth0.0% |
| Nonemployer Establishments21,949 |
| Number of Firms4,759 |
| Business Production |
| Value of Shipments$6,058,884,000 |
| Wholesale Trade$2,315,415,000 |
| Retail Trade$3,875,576,000 |
| Retail Sales Per Capita$12,297 |
| Accommodation and Food Services$444,363,000 |
| Land |
| Land Area491.10 sq. miles |
| Population Per Square Mile614 |