4 Beds
4 Baths
$203,750
122 Elbe Street, Elyria OH, 44035
Built in1900
Property typeMulti-family
Overview
Active
Listed Apr 29, 2026
Updated Aug 15
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.
$1,356/mo
Est. mortgage payment based on a $203,750 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 5205281
Interior Features
- Bedrooms
- 4
- Bathrooms
- 4
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 0.12 Acres
Other Property Details
- Taxes
- $4,457
- Tax Frequency
- Annually
Courtesy of Russell Real Estate Services
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