436 Cleveland Street, Elyria, OH 44035
SINGLE_FAMILY - Elyria, OH
- Added:
- May 2, 2024
- Days on Market:
- 772
- Last Refresh:
- Jun 12 at 10:06 pm
Property Features for 436 Cleveland Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Rooms
- Basement
- Parking
- 8
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 06-25-018-106-022
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4792
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1907
- Floors in Building
- 2
- Roof type
- Asphalt
Listing agent Kenneth Keiffer License #311666 (440) 355-5922
Listing office Northern Ohio Realty 10247 Dewhurst Road, Suite 101, Elyria, OH (440) 366-0099
Listing date May 2, 2024
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.
HighLights
- Almost 1,600 SqFt of retail/office space on the first floor plus a large enclosed porch
- Second‑floor 1,400 SqFt apartment with 2 bedrooms and 2 full baths
- Two‑car attached garage, full basement, and a private parking lot
- Forced air heating with natural gas and central air cooling
- Public water and public sewer; asphalt roof
- Year built: 1907
Overview
Located at 436 Cleveland Street in Elyria, OH, the building is described as a high-traffic location with easy access to highways.
For owner-occupants and investors seeking income from a combined live/work or multi-use layout, the configuration supports storefront or office use below with residential space above. The listing also notes that the property has been well cared for, with most mechanical systems up to date.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.8k | $18.00 |
| − Vacancy | −$2.3k | −$1.44 |
| EGI | $26.5k | $16.56 |
| − OpEx | −$9.9k | −$6.21 |
| NOI | $16.6k | $10.35 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Elyria
- County
- Lorain
- State
- Ohio
- Longitude
- -82.085752
- Latitude
- 41.375241
