Sold
Last Sold Price
7 beds2,306 sqft$46/sqft
231 Oberlin Road, Elyria, OH 44035
Multi FamilyProperty Type
7,405 sq ftLot Size
1900Year Built
$46/sq ftPrice per sq ft

Description

All the tenants have leases in place until summer of 2026. Great investment opportunity. All information is deemed accurate but cannot be guaranteed. Buyer to perform due diligence. Please do not go to the property without an appointment and agent. Please do not disturb the Tenants.All the tenants have leases in place until summer of 2026. Great investment opportunity. All information is deemed accurate but cannot be guaranteed. Buyer to perform due diligence. Please do not go to the property without an appointment and agent. Please do not disturb the Tenants.
  • Listed by: Michael A Hignett 440.506.0414 mahignett@yahoo.com • Northern Ohio Realty
Listing closed: 10/15/2025 12:00 AM • Source: MLS Now, MLS#: 5139314

Recent comparable sales

Median sold price

$135,000

Avg days on market

48

Sale-to-list ratio

97.2%

Elyria, OH

9 comparable properties found

$155,000 | 1601 Grafton Road, Elyria, OH 44035
1/23
1

$155,000

Sold 12/12/24

6
Bedrooms
2,448
Square Feet
0.16
Acres
$119,000 | 317 West Avenue, Elyria, OH 44035
1/12
2

$119,000

Sold 04/29/26

4
Bedrooms
2,112
Square Feet
0.31
Acres
$100,000 | 915 East Avenue, Elyria, OH 44035
1/30
3

$100,000

Sold 11/19/25

4
Bedrooms
2,440
Square Feet
0.1
Acres
$109,900 | 442 6th Street, Elyria, OH 44035
1/13
4

$109,900

Sold 10/08/25

3
Bedrooms
Unavailable
Square Feet
0.14
Acres
$230,000 | 157 Harvard Avenue, Elyria, OH 44035
1/35
5

$230,000

Sold 05/01/25

5
Bedrooms
2,266
Square Feet
0.15
Acres
6

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Sold 03/20/25

Unavailable
Bedrooms
3
Bathrooms
2,028
Square Feet
0.19
Acres
$135,000 | 338 10th Street, Elyria, OH 44035
1/2
7

$135,000

Sold 12/23/25

5
Bedrooms
Unavailable
Square Feet
0.16
Acres
8

$135,000

Sold 12/17/25

Unavailable
Bedrooms
3
Bathrooms
2,284
Square Feet
0.16
Acres
$135,000 | 1004 East Avenue, Elyria, OH 44035
1/50
9

$135,000

Sold 08/13/26

7
Bedrooms
4,004
Square Feet
2.24
Acres

Location

Listing Courtesy of Northern Ohio Realty

Sold By Non-Member

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Payment Calculator

$834 per month

30 year fixed, 6.55% Interest

Principal and Interest

$539

Property Taxes

$295

HOA Dues

$0

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Property Information for 231 Oberlin Road

Property Details
  • Taxes: $3,544 / year
  • MLS Type: Residential Income / Triplex
  • Subdivision Name: Obitts
  • Has Waterfront: No
Building Information
  • Stories: 2
  • Year Built: 1900
  • Lot Size: 0.17 AC / 7,405 SF
Summary
Location and General Information
  • Directions: Between Middle and West Ave. on the north side of the road.
  • Latitude: 41.349382
  • Longitude: -82.109888
  • Township: Elyria Twp
Taxes and HOA
  • Parcel Number: 10-00-003-118-023
  • Tax Annual Amount: $3,544.00
  • Tax Legal Description: G H ELY 40 X 206.07
  • Tax Year: 2024
School Information
  • Elementary School District: Elyria CSD - 4706
  • High School District: Elyria CSD - 4706
  • Middle or Junior School District: Elyria CSD - 4706
Parking
  • Attached Garage: No
  • Carport: No
  • Garage: No
  • Parking Features: Common, Driveway, No Garage
Property
Lot Information
  • Direction Faces: South
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
Property and Assessments
  • Above Grade Finished Area: 2306.0
  • Above Grade Finished Area Source: Realist
  • Living Area: 2306.0
  • Living Area Units: Square Feet
  • Property Condition: Unknown
  • Year Built: 1900
  • Year Built Source: Public Records
Building Features
  • Construction Materials: Aluminum Siding
  • Levels: Two
  • Number of Buildings: 1
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Range, Refrigerator
  • Basement: Unfinished
  • Has Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 0
  • Total Bathrooms Integer: 3
  • Total Bedrooms: 7
  • Cooling: None
  • Has Cooling: No
  • Heating: Gas
  • Has Heating: Yes
  • Main Level Bathrooms: 0
Exterior Features
  • Fencing: None
  • Private Pool: No
  • Roof: Asphalt, Fiberglass
  • Stories: 2
Multi Family
Income & Expenses
  • Gross Income: $2,200.00
Unit Information
Unit 1
  • Actual Rent: $700.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Leased: Yes
  • Lease Expires: 06-29-2025 08:00:00 PM
  • Occupant Type: Occupied
  • Type: Two Bedroom
Unit 2
  • Actual Rent: $750.00
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Leased: Yes
  • Lease Expires: 06-29-2025 08:00:00 PM
  • Occupant Type: Occupied
  • Type: Two Bedroom
Unit 3
  • Actual Rent: $750.00
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Leased: Yes
  • Lease Expires: 05-30-2026 08:00:00 PM
  • Occupant Type: Occupied
  • Type: Three Bedroom
Rental
Rent Information
  • Owner Pays: Sewer, Trash Collection
  • Tenant Pays: Cable Tv, Electricity, Gas, Internet, Snow Removal

Property History for 231 Oberlin Road

DateEvent & SourcePriceAppreciation
Oct 15, 2025

Sold

MLS Now #5139314

$106,000
Oct 13, 2025

Sold (Public Record)

Public Record #1916208634

$106,000

+0.3% / yr

Aug 19, 2025

Contract Signed

MLS Now #5139314

DateEvent & SourcePrice
10/15/2025

Sold

MLS Now #5139314

$106,000
10/13/2025

Sold (Public Record)

Public Record #1916208634

$106,000

+0.3% / yr

08/19/2025

Contract Signed

MLS Now #5139314

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 231 Oberlin Road

Taxable ValueLand$6,720Additions$21,980Total$28,700
Tax Record2025$1,452 ($121 / month)
Home Facts
Beds4Baths2.5Total Finished SqFt2,306 SqFtAbove Grade Finished SqFt2,306 SqFtStories2Lot Size7,405 SqFtStyleSingle Family ResidenceYear Built1900CountyLORAINAPN10-00-003-118-023Fireplace TypeHas Fireplace

Schools near 231 Oberlin Road

This home is within Elyria City Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Franklin Elementary School
PublicPK to 4

Northwood Middle School
Public5 to 8

Elyria High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 231 Oberlin Road, Elyria, OH 44035
$106,000
7
2,306
7,405
1,748
6,098
$65,000
3
1,230
8,276
$32,000
3
1
1,309
7,841
2
1
1,030
5,663
3
1,144
5,227

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Northern Ohio Realty

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