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$79,998
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Property Description
Ready-to-go 1/3-Acre Micro-Farm & Homestead - Located in the Esteemed Midview School District. Also, near grocery stores, entertainment, clothing botiques and the vibrant downtown Elyria scene is only moments away (must try the Foundry).Inspected Utilities & Great Potential! Attention homesteaders, investors, and paper buyers! This unique 0.28-acre property at 731 16th Street is packed with high-value infrastructure and is ready for your finishing touches. Enjoy a head start on your agricultural goals with a massive 16' x 44' greenhouse, an active farm stand setup, and a bird house. The heavy lifting is already done. This property features updated PEX plumbing and a brand-new electrical system-both fully passed by city inspections. Special Value: The sale includes TWO RV campers parked on-site! Use them as immediate storage, live in them while you finish the main house, or utilize them for immediate rental/agritourism income. The 720 sq ft main home requires minor roof repair and updating to the heating/ central cooling system, making this an ideal project for a quick sale or rehab investor looking to build instant equity. Price is ONLY $79,998. Bring your tools, your green thumb, and your vision! Don't delay!!!
Full Property Details
Full Property Details for 731 16th St
General
- Price: $79,998
- Taxes: $1,026 (2025)
- Status: Active
- Type: Single Family
- Source: 505
- MLS ID: 5221581
- Updated: 8/13/2026
- Added to Site: 69 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: Ceiling Fan(s), Walk-In Closet(s)
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main Floor Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 3
Exterior
- Exterior Features: Covered Courtyard, Courtyard, Garden, RV Hookup
Parking
- Parking Features: Detached, Garage, Off Street
Location
- County: Lorain
- Township: Elyria
- Subdivision: Birmingham Park Add
- Driving Directions: Drive west on West 2nd St. Left to Gateway Bld South. Right to West 16th St. Property is 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
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public, Other
Structural Information
- Architectural Style: Ranch
- Construction: Aluminum Siding, Wood Siding
- Roof: Asphalt
- Stories/Levels: 1
- Square Feet: 720
- Living Area: 720 Sq. Ft.
- Finished Above Grnd: 720 Sq. Ft.
- Year Built: 1900
- Year Built Source: Owner
- Property Condition: Fixer
Lot Features
- Lot Size (Acres): 0.28
- Lot Size: .28
- Lot Size Source: Owner
- Lot Dimensions: 90 x 139
- Lot Features: Agricultural, Back Yard, City Lot, Farm
Green Features
- Water Conservation: Rain Water Collection
Financial Considerations
- Tax Amount: $1,026
- Tax Year: 2025
- Terms: Cash, Other
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 90 X 139 LOT # 31-2
- Property ID: 10-00-003-103-026
Listed by Beycome Brokerage Realty LLC, Steven Koleno
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Schools
Schools serving 731 16th St
School District:Elyria City School District
| Name | Grades | Distance |
|---|---|---|
Franklin Elementary School, Elyria, OH 1215 Middle Avenue, Elyria, OH 44035 | K-4 | 0.7 mi |
Westwood Middle School 42350 Adelbert Street, Elyria, OH 44035 | 5-8 | 3.2 mi |
Elyria High School 311 6th Street, Elyria, OH 44035 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 731 16th St
Date
Details
Price
Change
Source
7/22/2026
Price Reduced
$79,998
-20%
MLS
6/23/2026
Listed
$99,998
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 731 16th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,026
111%
$20,104
131%
2023
$487
—
$8,715
—
2021
$486
-5%
$8,720
—
2022
$509
4%
$8,720
17%
2020
$490
6%
$7,450
—
2019
$464
—
$7,449
—
2018
$465
8%
$7,449
13%
2017
$429
1%
$6,573
—
2016
$423
7%
$6,573
—
2015
$397
—
$6,573
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 731 16th St
731 16th Street, Elyria, OH 44035 (MLS# 5221581) is a Single Family property with 3 bedrooms and 1 full bathroom. 731 16th Street is currently listed for $79,998 and was received on June 23, 2026. Want to learn more about 731 16th Street? Do you have questions about finding other Single Family real estate for sale in Elyria? You can browse all Elyria real estate or contact a Coldwell Banker agent to request more information.
