Triplex with Detached Three-Car
423 7th Street Fairport Harbor, OH 44077
For Sale
$199,000
MULTI_FAMILY - Fairport Harbor, OH
Property Size1,908 SF
Lot Size0.12 Acres
Price / SF$104.30
Days on Market97
Property Features for 423 7th Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 1, Bedroom 4, Bathroom 3, Bathroom 2, Bedroom 2, Basement, Laundry Room, Bedroom 3, Bathroom 1
Parking features
Garage
Standard status
Active
APN
14-A-015-0-00-008-0
Size
1,908 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 5 TRACT 4
Tax Annual Amount
3825
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas, Steam, Forced Air
Cooling system
Window Unit(s)
Water source
Public
Building Details
Year built
1910
Floors in Building
3
Roof type
Asphalt
Listing Agency:
HomeSmart Real Estate Momentum LLC
(440) 578-8058
Listed By:
Aaron Harden · License #2017004286
(440) 785-1213
Added: Apr 24
Changed: Jul 20
Last Checked: Jul 29 at 2:06AM
MLS# 5203543
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Investment Insights
Based on property information with market context.
This income-producing triplex in Fairport Harbor includes three separate units, each with a dedicated garage space in a detached three-car garage. A shared basement provides separate washer and dryer hookups for each unit. Tenants are responsible for all utilities except water. Two lower units were cosmetically updated in 2023 with new cabinets, flooring, countertops, paint, and appliances, supporting straightforward leasing and turnover. The upper unit is currently vacant, with an estimated market rent of approximately $850 per month, offering flexibility for a new tenant or potential owner-occupancy. The upper unit furnace located in the attic has also been recently replaced, and the property features a recently installed roof. Supporting documentation, including a structural engineer report and contractor proposal, is available for review.
The property is located near Fairport Harbor beach, parks, and local amenities, placing it within a convenient area for tenants seeking access to nearby community attractions and services.
For buyers or operators, the layout supports individual tenancy with dedicated parking and separate laundry hookups, while the 2023 cosmetic updates and recent roof and furnace replacement can help reduce near-term work. With the upper unit currently available, the property may also appeal to tenants looking for an additional unit in a multi-family setting or to an owner-occupant seeking rental income alongside one residence.
The property is located near Fairport Harbor beach, parks, and local amenities, placing it within a convenient area for tenants seeking access to nearby community attractions and services.
For buyers or operators, the layout supports individual tenancy with dedicated parking and separate laundry hookups, while the 2023 cosmetic updates and recent roof and furnace replacement can help reduce near-term work. With the upper unit currently available, the property may also appeal to tenants looking for an additional unit in a multi-family setting or to an owner-occupant seeking rental income alongside one residence.
Key Highlights
- Income‑producing triplex with projected gross rental income of approximately $2,700/month.
- Detached three‑car garage with a dedicated garage space for each unit.
- Shared basement includes separate washer and dryer hookups for each unit; tenants pay all utilities except water.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Income-producing triplex with dedicated garage parking, in-unit laundry hookups, and recent updates to two lower units.
Where is this triplex located?
The property is located at 423 7th Street Fairport Harbor, OH.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Income‑producing triplex with projected gross rental income of approximately $2,700/month.; Detached three‑car garage with a dedicated garage space for each unit.; Shared basement includes separate washer and dryer hookups for each unit; tenants pay all utilities except water.
