Movoto Real Estate
Sold on 06/06/2026

622 Middle Ave, Elyria, OH 44035

  • $168,500

    Last sold 06/06/2026 after 53 Days

  • 5

    bed

  • 3

    bath

Multi-family not for sale
Movoto is helping 33 homebuyers near you

About 622 Middle Ave

Property type Multi-family
Neighborhood
Year built 1925
HOA fee $0/month
Lot size 3,920 Sqft
Property description
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.
Listed by
Listing Agent - Kim Lewis
Listing Agent Contact: Charles.lewis@heqrealty.com, 440-539-4864
Listing Office - Home Equity Realty Group
Source: MLS Now mls logo
MLS#5201397 • last updated 1 month ago
Movoto checked MLS Now for data 9 minutes ago
Overview
Cooling/AC None
Heating Gas
Levels/Style Two
MLS # 5201397
Status Closed
Lot Size (Acres) 0.09
Property Tax 1945
Interior
Total # of Bathrooms 3
# Bedrooms 5
Exterior
Construction Aluminum Siding
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 (-56.9%)
  • Mar 2018
    Public Records
  • Mar 20, 2018 Sold
    $348,000 (+718.8%)
  • Nov 2017
    Public Records
  • Nov 16, 2017 Sold
    $42,500
  • 622 Middle Ave
    $168K
  • O Bowen & William S Wallaces
    $179K
  • 44035
    $254K +13% y/y
  • Elyria
    $251K +11% 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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  • Real Estate
  • OH
  • Lorain County
  • Elyria
  • 44035
  • 622 Middle Ave
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