$1,544 Closing Credit¹
#5101772, Shawn Schafer, Listing Office: Berkshire Hathaway HomeServices Stouffer Realty
$214,900 List price
157 Harvard Ave Elyria, OH 44035
$2,552
Closing credit¹
5 beds
3 full
2,266 sqft
0.1 acres
$95 / sqft
Multi-Family
Property details
About 157 Harvard Ave
Prime Triplex Investment Opportunity in Elyria, OH – Grossing Nearly $4K/Month! Unlock the potential of this well-maintained triplex in the heart of Elyria, OH! Whether you're an investor looking for steady cash flow or a homeowner seeking rental income, this property delivers with three fully rented units generating nearly $4,000 per month. Property Breakdown: 1st Floor Unit: 2 bed, 1 bath – Long-term tenant on a month-to-month lease at $1,000/month (tenant pays electric & gas). 2nd Floor Unit: 2 bed, 1 bath – Active Airbnb rental. 3rd Floor Unit: 1 bed, 1 bath – Also an Airbnb rental. Airbnb Earnings: The 2nd and 3rd-floor units generate approximately $2,700/month combined. Key Updates & Features: New furnace installed (March 2020) Stack replacement (February 2023) First-floor water heater replaced (November 2016) Third-floor water heater manufactured in December 2011 Far-right garage door springs repaired (March 2025) 2nd and 3rd-floor units recently updated This property boasts a strong rental history, recent improvements, and a solid foundation for long-term income generation. Don't miss this opportunity to own a turnkey investment in a desirable rental market! Schedule your showing today!
Highlights
Home typeTriplex
HeatingForced Air, Natural Gas
StatusAccepting Backup Offers
(Contingent)
(Contingent)
Size2,266 sqft
BasementYes
Lot size0.15 Acres
Year built1900
ParkingDetached, Garage, Paved
MLS #5104764
Garage3 spaces
Summary
- MLS Number: 5104764
- MLS Name: NOWDD
- Office Name: Keller Williams Citywide
- Office Phone: (440) 477-0166
- Office Email: Mgepperth@aol.com
- Listing Agent: Mark W Gepperth
Copyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/9/2025, 5:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$214,900
157 Harvard Ave
$2,552
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 05, 2022 | Home Sold | $190,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $52,745 | $2,938 |
| 2022 | $52,750 | $2,935 |
| 2021 | $52,750 | $2,942 |
| 2020 | $45,120 | $2,829 |
| 2019 | $45,119 | $2,811 |
| 2018 | $45,119 | $2,817 |
| 2017 | $38,794 | $2,527 |
History based on county public records data.
Nearby schools
5
Hamilton Elementary School
Public District KG-4
0.7 mi
•1215 Middle Ave
4
Eastern Heights Elementary School
Public District KG-4
0.8 mi
•1410 Prospect St
4
Ely Elementary School
Public District KG-4
1.0 mi
•312 Gulf Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $53,261. The most common annual income of people living in Elyria, OH is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
31%
<35k
50%
35k-100k
19%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
37%
Single, No Kids
13%
Single, with Kids
25%
Married, No Kids
25%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
40%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
College Basketball
Soccer
Horse Races
Where do the neighbors shop?
Dillards
Burlington
Stein Mart
Where do the neighbors go to eat?
Logan's Roadhouse
Wingstop
LongHorn Steakhouse
What do the neighbors drive?
Hyundai
Nissan
Buick
What do the neighbors listen to?
Rock
Christian Adult Contemporary
Contemporary Inspirational
All data provided by Home Junction and Claritas
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This home is located at 157 Harvard Ave in Elyria, OH and zip code 44035. This 2,266 square foot home, which was built in 1900, sits on a 0.15 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 18, 2025 and is currently priced at $214,900.
While more than 24 listings in Elyria, OH in March 2025 were sold above asking price, there were more than 13 listings sold at asking price, and more than 22 were sold below. The inventory of homes for sale in Elyria, OH between February and March 2025 increased by 15.5%. In March 2025, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $188,125.
From Rocket Homes Real Estate and based on county public records data.