- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
Street View
$284,900
Monthly Est:$1,418
4 Beds
4 Baths4 full baths
--sqft
428 West Ave, Elyria, OH 44035
$284,900
$1,418/moEst:
Get Pre-Approved
Quadruplex
Built in 1900
$-- HOA
0.19 acre lot
--/sqft
Description
Excellent opportunity to add a cash-flowing multifamily asset to your investment portfolio. This well-maintained brick four-unit building features four occupied units, offering immediate income with additional upside through lease-up or rent growth. Current rents include Unit 1 at $880/month (lease expires 4/30/2027), Unit 2 at $775/month (lease expires 4/30/2027), and Unit 3 at $925/month through the Lorain Metropolitan Housing Authority with lease expiring 8/31/2027. Unit 4 at $1100/month (lease expires 12/13/2026 then converts to month to month) The property features a durable brick exterior and numerous updates, including a new boiler system, helping reduce future capital expenditures. Conveniently located near shopping, dining, schools, and major highways, this property offers stable tenancy and strong rental demand. Whether you're a seasoned investor looking for a performing asset or seeking to expand your multifamily portfolio, 428 West Ave presents a compelling opportunity with immediate income and value-add potential. Perfect for a client looking to house hack! Live in one unit while the other three generates income.
- Houzeo last checked: 1 hour ago
- Listing updated: October 19, 2026 at 7:43 pm
- Listing Provided by: Kquawan Brown (216) 272-4616 DRE #2016004557 | Keller Williams Greater Metropolitan (216) 839-5500
- Source: MLS Now-OH | MLS#: 5252372
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
- sqft
Lot Size
0.19 acre lot
Basement Area
- sqft
MLS Name
MLS Now
MLS Number
5252372
MLS Status
Active
Days on Market
7
Cumulative Days on Market
131
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Download App
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Interior
Cooling
None
Sewer
Public Sewer
Heating
Radiant
Construction
Year Built
Year Built: 1900
Home type
Quadruplex
Construction Materials
Brick
Roof
Asphalt
Utilities & Energy
Basement
Unfinished
Water Source
Private
Parking Features
Detached, Garage
Other Features
Tenant Pays
All Utilities
Subdivision Name
Heman Elys Town
Price History
| Date | Event | Price |
|---|---|---|
10/18/2026 Source: | Listed for Sale | $284,900 $0/sqft |
10/14/2026 Source: | Contingent (Active Under Contract) | $284,900 $0/sqft |
10/12/2026 Source: | Price Decreased | $284,900 -5.00% $0/sqft |
06/22/2026 Source: | Listed for Sale | $299,900 +3.45% $0/sqft |
06/22/2026 Source: | Off Market | $289,900 +124.73% $0/sqft |
Show more
Nearby Homes
Find Homes by Property Features in Elyria, OH
Nearby New Homes For Sale
Based on information from the Board/Association of REALTORS® (alternatively, from the Service) through Oct 20, 2026, 04:45PM. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings held by brokerage firms other than Houzeo are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. Houzeo participates in MLS Now IDX program, allowing us to display other IDXP’s’ listings on our website. However, Houzeo does not display the entire MLS Now IDX database on this website. The listings of some real estate brokerage firms have been excluded. The photos may be altered, edited, enhanced or virtually staged. © 2026 Multiple Listing Service, Inc. All Rights Reserved
Advertising Broker: Nicholas Huscroft | Chosen Realty
