Back 622 Middle Avenue
Off Market

622 Middle Avenue

Elyria OH 44035

5
2
0.09 ac.
Duplex
Last sold for $168,500
Kim LewisKim Lewis, last sold this property on 16 July 2026 after 91 days on market.

Overview

Triplex investment opportunity in Elyria featuring two 2-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit, offering a strong unit mix for consistent rental demand. The two-bedroom units are currently rented at $850 and $725, with one lease secured through March 2027 and the other recently expired, providing flexibility for potential rent increases, while the one-bedroom unit is rented at $550 on a month-to-month lease. Tenants do not pay utilities, with the owner responsible for water, gas, and electric. The property has been well maintained, making it a solid addition to any investment portfolio with both stable income and value-add potential. Seller also owns multiple properties throughout Cleveland, Lorain, and Akron and is willing to sell properties individually or as packaged portfolios, giving buyers the flexibility to pick and choose assets to fit their investment strategy.

Features

5 bedrooms
2 bathrooms
0.09 ac. lot size
Duplex

Estimated Value

Based on this property and similar 5 bedroom duplexes sold in Elyria over the last 12 months, the estimated median property value of 622 Middle Avenue is $135k.

Median value
$135k
Estimated value range
$127k - $168.5k
Median days on market
38
Estimated value trend
0%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Elyria. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 622 Middle Avenue

2026
Sold
$168,500
16 Jul 2026 by Kim Lewis, of Home Equity Realty Group
2024
Sold
$150,000
17 Sep 2024 by Christopher Frederick, of Coldwell Banker Schmidt Realty

Happy sellers in Elyria

98%
98% of sellers in Elyria reported that their sale price either exceeded or met their price expectations.

Elyria stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Elyria over the last 12 months.

Local market activity for 5 bedroom duplexes in Elyria

In the last 12 months, 3 five-bedroom duplexes similar to 622 Middle Avenue, have been sold.

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