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Brick Quadplex with Updated Boiler
New
For Sale
Under Contract
$284,900

428 West Avenue, Elyria, OH 44035

ResidentialIncome, Elyria, OH

Property SizeContact for details
Lot Size0.19 Acres
Days on Market6

Property Features for 428 West Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bathroom 4, Bathroom 1, Bedroom 2, Bedroom 1, Basement, Bedroom 4, Bathroom 2, Bathroom 3
Parking features Garage
Subdivision Heman Elys Town
Elementary school district Elyria CSD - 4706
Middle school district Elyria CSD - 4706
High school district Elyria CSD - 4706
Directions Fifth St to West Ave
Standard status Active Under Contract
APN 06-26-045-000-003
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description WEST AVE 70 X 121 LOT # 356
Tax Annual Amount 3395
Legal Description WEST AVE 70 X 121 LOT # 356

Utilities

Sewer type Public Sewer
Heating system Radiant
Water source Private

Building Details

Year built 1900
Floors in Building 2
Building materials Brick
Roof type Asphalt
Listing Agency: Keller Williams Greater Metropolitan · Keller Williams Realty
Listed By: Kquawan Brown · License #2016004557
Added: Oct 11 Changed: Oct 15 Last Checked: Oct 16 at 7:06PM
MLS# 5252372

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This four-unit residential building has a brick exterior and was built in 1900. A new boiler system provides radiant heat, and garage parking is available. The property also has a basement, an asphalt roof, private water, and public sewer service.

The parcel encompasses 0.1944 acres at 428 West Avenue in Elyria, Ohio. The reported unit information includes three leases with terms extending into 2026 and 2027, as well as a fourth unit with a lease scheduled to transition to month-to-month in 2026.

Key Highlights

  • Four‑unit brick building
  • New boiler system with radiant heat
  • Built in 1900

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Skin Care Clinic Electrical Service Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

695
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Radiant heating, garage parking, and a private water source serve this four-unit residential property.
Where is this quadplex located?
The property is located at 428 West Avenue Elyria, OH.
What is the asking price?
The asking price for this property is $284,900.
What are key features of this property?
This property features: Four‑unit brick building; New boiler system with radiant heat; Built in 1900
More about this property
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