4-Unit Brick
For Sale
$284,900
428 West Avenue, Elyria, OH 44035
ResidentialIncome, Elyria, OH
Property SizeContact for details
Lot Size0.19 Acres
Days on Market10
Property Features for 428 West Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Basement, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 4, Bedroom 3, Bathroom 2, Bathroom 1
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
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
(216) 839-5500
Listed By:
Kquawan Brown · License #2016004557
(216) 272-4616
Added: Oct 11
Changed: Oct 19
Last Checked: Oct 20 at 1:06PM
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.
Built in 1900, this four-unit residential property has a brick exterior and radiant heat. All four apartments are occupied. A new boiler system serves the building, and garage parking is available. The property occupies a 0.1944-acre lot in Elyria, Ohio.
Unit leases have staggered terms: Units 1 and 2 run through 4/30/2027, Unit 3 through 8/31/2027, and Unit 4 through 12/13/2026 before moving to month-to-month. Unit 3 is leased through the Lorain Metropolitan Housing Authority. The property has a private water source and public sewer.
Unit leases have staggered terms: Units 1 and 2 run through 4/30/2027, Unit 3 through 8/31/2027, and Unit 4 through 12/13/2026 before moving to month-to-month. Unit 3 is leased through the Lorain Metropolitan Housing Authority. The property has a private water source and public sewer.
Key Highlights
- Four occupied apartments in a brick building
- New boiler system and radiant heating
- 0.1944‑acre lot in Elyria, Ohio
Property Analytics
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Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - All four apartments are occupied, with a new boiler system and garage parking serving the 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 occupied apartments in a brick building; New boiler system and radiant heating; 0.1944‑acre lot in Elyria, Ohio
