231 Howe StreetElyria, OH 44035

231 Howe StreetElyria, OH 44035

1/1 Fullscreen
$110,000 Active
Residential - Single Family MLS 5205328 New to the Market
3 beds 1 full baths 1 partial baths

Listed By

Agency Name: Russell Real Estate Services
Agency Contact: tal@premierclevelandinvesting.com, 216-870-8687

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

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.

231 Howe Street | MLS# 5205328

This single family home located at 231 Howe Street, Elyria, OH 44035 is currently listed for sale with an asking price of $110,000. This property was built in 1900 and has 3 bedrooms and 1 full and 1 partial baths. Howe Street is located in the Howe subdivision within the Elyria City school district. Search Howe real estate on 103randomroad.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family
Basement: Other
Basement: Yes
Cooling: None
Days on Market: 6
Garage: 1
Heating: Other
Home Style: Cape Cod
Lot Size: 0.13 Acres
Roof Type: Other
Taxes: $1,500 / year
Year Built: 1900

Feature Descriptions

Exterior: Frame
Parcel#: 06-26-014-101-008
Parking: Detached, Garage
Sewer: Other
Water: Other

Local Schools

School District: Elyria City

Source: Delta Media Group, Inc.

Demographics

Lorain County Demographic Information for 231 Howe Street, Elyria, OH 44035
Fips
Fips Code 39093
Population
2020 to 2025 Change up 3.3%
2010 Count 301,356
2020 Count 312,964
2025 Estimate (V2025) 323,219
2020 Estimate (V2025) 312,956
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 21.1%
18 to 64 53.0%
65 and Older 20.7%
Gender
Male 49.6%
Female 50.4%
Place of Birth
Foreign 3.1%
US 96.9%
Education
High School Graduate, Age 25+ 91.8%
Bachelor's Degree or Higher, Age 25+ 28.5%
Computer and Internet use
Households with a computer 94.8%
Households with a broadband Internet subscription 88.9%
Language
English is Second Language, Age 5+ 7.8%
English is First Language, Age 5+ 92.2%
Veterans
Veterans 18,512
Income
Per Capita Income $40,798
Median Household Income $73,347
People in Poverty 10.8%
Commute
Average Work Commute Time 26 minutes
Housing
Total Housing Units 136,666
Households 127,544
Average Household Size 2.42
Owner-Occupied 74.0%
Multi-Family 17.0%
Owner-Occupied Median Value $223,200
Median selected monthly owner costs -with a mortgage $1,525
Median selected monthly owner costs -without a mortgage $629
Median gross rent $966
Building Permits
New Private Housing Issued 2024 1,331
Years at Residence
1 Year or More 90.9%
Less Than 1 Year 9.1%
Business and Employment
Private non-farm Establishments 5,664
Private non-farm Employment 89,159
Private non-farm Employment Growth 0.0%
Nonemployer Establishments 21,949
Number of Firms 4,759
Business Production
Value of Shipments $6,058,884,000
Wholesale Trade $2,315,415,000
Retail Trade $3,875,576,000
Retail Sales Per Capita $12,297
Accommodation and Food Services $444,363,000
Land
Land Area 491.10 sq. miles
Population Per Square Mile 614

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 716.20 per month $559.12 Principal & Interest $125.00 Property Tax $32.08 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage