Price Reduction
Listed By:
Russell Real Estate Services
Address
231 Howe Street, Elyria, OH
Price
$ 103,750
Property Attributes
  • MLS#5205328
  • TypeSingle Family
  • Listing Status Active
  • CountyLorain
  • CityElyria
  • NeighborhoodHowe
  • Zip44035
  • Style
  • Year Built1900
  • Taxes$ 1500
  • Price$ 103,750
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms1
  • Lot Size0.13 Acres
Data Source:
MLSNow
Property Description

Cash-flowing asset with tenant in place at 231 Howe St in Elyria, offered exclusively as part of a 19-unit portfolio-no individual sales. This occupied property generates $1,300 per month on a month-to-month lease, providing immediate rental income. The tenant is responsible for all utilities, helping to keep operating expenses low and maximize net returns. The home features a functional layout with strong rental appeal and is situated in an area with consistent demand. A solid addition to a larger portfolio, this property contributes steady income and operational efficiency within a diversified, income-producing package. Multiple properties must be purchased.  Singular properties will not be considered.  Reach out to co-listing agent for details.

Price History
4/29/2026 Listed $110,000
8/14/2026 6$103,750

General Features

Sewer Other
Heating Other
Cooling None
Possession Delivery Of Deed
Roof Other
Garage Spaces 1
Architectural Style Cape Cod
Construction Materials Frame
Year Built 1900
Township Elyria
Levels One and One Half
Property Subtype Single Family Residence
Tax Year 2025
County Lorain
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Howe
Garage Y/N true
Total Rooms 6
Full Baths 1
Status Active
Directions Lorain County
ModificationTimestamp 2026-08-14T15:05:29.910-00:00
City Elyria
High School District Elyria CSD - 4706
Lot Size Units Acres
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 1500
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Elyria CSD - 4706
Elementary School District Elyria CSD - 4706
Year Built Source Appraiser
Property Sub Type Additional Single Family Residence
PostalCity ELYRIA
Legal Description HOWE 41 X 148

Interior Features

Basement Other
Basement (Y/N) true
Air Conditioning Y/N false
Fireplace Y/N false
Half Baths 1
Total Bedrooms 3
Main Level Bedrooms 3
Main Level Bathrooms 1
Total Baths 2

Exterior Features

Parking Features Detached,Garage
Water Source Other
Lot Size Area 0.13
Lot Size Acres 0.13
Lot Size Source Appraiser
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 44035

Price
AVG $220K
$100K
Taxes
AVG $2,730
$1,500
Year Built
AVG 1962
1900

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