4-Unit Brick
For Sale
$299,900
428 West Ave, Elyria, OH 44035
Brick construction and a new boiler system support durable multifamily operations.
Property Size4,800 SF
Price / SF$62.48
Days on Market42
Property Features for 428 West Ave
General Information
Standard status
Active
Size
4,800 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
4
Building Details
Year Built
1900
Buildings
1
Construction
brick
Listing Agency:
Keller Williams Greater Metropolitan
(216) 272-4616
Listed By:
Kquawan Brown · License #2016004557
Source:
Theacclaimedrealty
Added: Jul 20
Changed: Aug 29
Last Checked: Aug 25 at 5:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Greater Metropolitan
Investment Insights
Based on property information with market context.
Built in 1900, this four-unit multifamily property has a brick exterior and a recently installed boiler system. Three apartments are occupied, while the fourth is vacant and can accommodate an owner-occupant or future leasing plans.
Current tenancy includes two leases expiring 4/30/2027 and a third lease through the Lorain Metropolitan Housing Authority expiring 8/31/2026. The property is located at 428 West Avenue in Elyria, near shopping, dining, schools, and major highways.
Current tenancy includes two leases expiring 4/30/2027 and a third lease through the Lorain Metropolitan Housing Authority expiring 8/31/2026. The property is located at 428 West Avenue in Elyria, near shopping, dining, schools, and major highways.
Key Highlights
- Four‑unit brick multifamily building built in 1900
- Three occupied units and one vacant unit
- New boiler system
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
695
Businesses Nearby
Explore this area
Business Placement
Demographics for 44035, OH
61,921
Population
29,637
Households
2.1
Avg Household Size
42
Median Age
17%
College-Educated
88%
High-School Grad
47.6 sq mi
ZIP Area
1,301
Density / Sq Mi
$54,362
Median Household Income
$38,493
Median Earnings
$871
Median Rent
$147,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Brick construction and a new boiler system support durable multifamily operations.
Where is this quadplex located?
The property is located at 428 West Ave Elyria, OH.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Four‑unit brick multifamily building built in 1900; Three occupied units and one vacant unit; New boiler system
