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$145,000
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Property Description
Excellent turnkey investment opportunity! This fully leased triplex offers strong, consistent rental income with all three units occupied through next year. The bottom unit includes exclusive access to on-site laundry, providing added convenience for the tenant. The middle unit has been recently upgraded with brand-new flooring, new kitchen cabinets, and a new refrigerator. The top unit also features new flooring, along with a newer refrigerator and a recently installed water heater. With solid updates, low maintenance, and reliable tenants already in place, this property is perfect for investors looking for immediate cash flow. Contact us for rental details, expenses, and to schedule a showing.
Full Property Details
Full Property Details for 1120 East Ave
General
- Sold For: $145,000
- Taxes: $1,741 (2024)
- Status: Closed
- Type: Triplex
- Source: 505
- MLS ID: 5140687
- Added to Site: 93 day(s) ago
Interior
- Number of Rooms: 12
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: In Unit
Parking
- Parking Features: No Garage, Unpaved
Location
- County: Lorain
- Township: Elyria
- Subdivision: Black River
- Driving Directions: From Fuller Rd, head North onto East Ave, property will be on the right.
School Information
- Elem School District: Elyria CSD - 4706
- Midd School District: Elyria CSD - 4706
- High School District: Elyria CSD - 4706
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Square Feet: 4,020
- Living Area: 4,020 Sq. Ft.
- Finished Above Grnd: 2,680 Sq. Ft.
- Finished Below Grnd: 1,340 Sq. Ft.
- Year Built: 1900
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.13
- Lot Size: .13
- Lot Size Source: Public Records
Water Features
- Water Front Desc.: River Front
- Water Front View: River Front
Financial Considerations
- Tax Amount: $1,741
- Tax Year: 2024
- Owner Pays: Sewer, Trash Collection, Water
- Tenant Pays: Cable TV, Electricity, Gas
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: EAST AVE FRNT 0040.63 S/L 13 20060156995
- Property ID: 06-26-013-000-010
Listed by Platinum Real Estate, Tim Cline and Platinum Real Estate, Timothy P Gufreda
Sold by Home Equity Realty Group, Garrett Rowan
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Schools
Schools serving 1120 East Ave
School District:Elyria City School District
| Name | Grades | Distance |
|---|---|---|
Franklin Elementary School, Elyria, OH 1215 Middle Avenue, Elyria, OH 44035 | K-4 | 0.3 mi |
Westwood Middle School 42350 Adelbert Street, Elyria, OH 44035 | 5-8 | 3.3 mi |
Elyria High School 311 6th Street, Elyria, OH 44035 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1120 East Ave
Date
Details
Price
Change
Source
1/07/2026
Sold
$145,000
-3.27%
MLS
10/16/2025
Listed
$149,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1120 East Avenue, Elyria, OH 44035 (MLS# 5140687) is a Triplex property that was sold at $145,000 on January 07, 2026. Want to learn more about 1120 East Avenue? Do you have questions about finding other Triplex real estate for sale in Elyria? You can browse all Elyria real estate or contact a Coldwell Banker agent to request more information.
