Movoto Real Estate
Sold on 08/19/2024

622 Middle Ave, Elyria, OH 44035

$150,000

Last sold 08/19/2024 after 18 Days

  • 5

    bed

  • 2

    bath

  • 3,920

    Sqft ($38/Sqft)

Multi-family not for sale

About 622 Middle Ave

Property type Multi-family
Neighborhood
Year built 1925
HOA fee $0/month
Lot size 3,920 Sqft
Property description
Attention All Investors...Well maintained, affordable TRIPLEX, fully occupied with quality tenants, trunkey professional management in place (management can remain if new owner would like), ample parking in a desirable city w/limited regulation, great tenant pool, low property taxes, no lead certification requirement...rents are well below market rent w/increases possible. Attractive units, beautiful hardwood floors, decorative fireplaces w/well thought out & comfortable floor plans for happy tenants. Quality location near restaurants, entertainment, highways, shopping and public transit. Unit #1: 2 bedroom $700, Unit #2: 2 bedroom $750, Unit #3 $550: 1 bedroom. Overall the property is in good condition, exterior could be spruced up a bit cosmetically but interiors look good. Owner lives out of the country and is selling their portfolio...Cash flow from day one, add to your existing portfolio or start your investing journey today. Proof of funds or preapprovals needed before showings are approved and only serious investors. No wholesalers.
Listed by
Listing Agent - Christopher A Frederick
Listing Agent Contact: Thefrederickteam@gmail.com 216-210-7653
Listing Office - Coldwell Banker Schmidt Realty
Source: MLS Now mls logo
MLS#5058463 • last updated 2 years ago
Movoto checked MLS Now for data 9 minutes ago
Overview
Cooling/AC None
Levels/Style Two
MLS # 5058463
SqFt 3920
Status Closed
Lot Size (Acres) 0.09
Property Tax 1391
Interior
Total # of Bathrooms 2
# Full Baths 2
# Bedrooms 5
Laundry In Basement
Exterior
Construction Wood Siding
Parking Desc Driveway
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Location
Subdivision O Bowen & William S Wallaces
Elem School District Elyria CSD - 4706
Middle School District Elyria CSD - 4706
High School District Elyria CSD - 4706
We are not permitted to show value estimates for this property.
  • Jul 2026
    mls logo MLS # 5201397
  • Jul 16, 2026 Sold
    $168,500 (-3.7%)
  • Jun 6, 2026 Pending
    —
  • Apr 19, 2026 Active
    —
  • Apr 14, 2026 Listed
    $175,000 (+16.7%)
  • Sep 2024
    Public Records
  • Sep 24, 2024 Sold
    $150,000
  • Sep 2024
    mls logo MLS # 5058463
  • Sep 17, 2024 Sold
    $150,000
  • Aug 1, 2024 Listed
    $149,900 (-56.9%)
  • Mar 2018
    Public Records
  • Mar 20, 2018 Sold
    $348,000 (+718.8%)
  • Nov 2017
    Public Records
  • Nov 16, 2017 Sold
    $42,500
  • Year Property taxes Tax assessment
  • 2025
    $1,944
    $39,320 -0.01%
  • 2024
    $1,944 +35.7%
    $39,323 +57.67%
  • 2023
    $1,432 -37.9%
    $24,940
  • 2022
    $2,306 +65.8%
    $24,940
  • 2021
    $1,391 -7.6%
    $24,940 +9.1%
  • 2020
    $1,505 +0.6%
    $22,860
  • 2019
    $1,496 -0.2%
    $22,860
  • 2018
    $1,499 +0.7%
    $22,860 +0.09%
  • 2017
    $1,488 +1.3%
    $22,840
  • 2015
    $1,469
    $22,840
  • 622 Middle Ave
    $150K
  • O Bowen & William S Wallaces
    $179K
  • 44035
    $285K +46% y/y
  • Elyria
    $274K +40% y/y
No chart available
Statistics calculated by Movoto

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5/10
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Source: GreatSchools.org © 2026. All rights reserved.

Around O Bowen & William S Wallaces

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