Two-story residence featuring blue shake siding and white trim
1 photo

$103,750

231 Howe Street
Elyria, OH 44035
Listed by Tal Tamir · Russell Real Estate Services
Bedrooms
3
Bathrooms
1.1
Living area
N/A
Year built
1900

About this home

Cash-flowing asset with tenant in place at 231 Howe St in Elyria, offered exclusively as part of a 19-unit portfolio-no individual sales. This occupied property generates $1,300 per month on a month-to-month lease, providing immediate rental income. The tenant is responsible for all utilities, helping to keep operating expenses low and maximize net returns. The home features a functional layout with strong rental appeal and is situated in an area with consistent demand. A solid addition to a larger portfolio, this property contributes steady income and operational efficiency within a diversified, income-producing package. Multiple properties must be purchased.  Singular properties will not be considered.  Reach out to co-listing agent for details.

Property details

MLS #
5205328
Property type
SingleFamilyResidence
Subdivision
Howe
Status
Active
Days on market
90
On market date
April 29, 2026
Stories
N/A
Garage spaces
1
Lot size
0.13 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Hamilton Elementary School
0.24 mi away · Grades -1-4
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
411
Student:teacher ratio
16.4:1
District
Elyria City Schools
Middle
Eastern Heights Middle School
0.89 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
704
Student:teacher ratio
16.8:1
District
Elyria City Schools
High
Elyria High School
0.37 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,667
Student:teacher ratio
16.2:1
District
Elyria City Schools

Mortgage calculator

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Est. monthly payment
$775/mo
$20,750 down
$83,000 loan
Principal & interest$538
Property tax (est.)$86
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 6 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.