1 month on rocket

Backup Offers

345 5th St, Elyria, OH, 44035

$119,900

Home List Price

$1,424*

Closing Credit

5 Bedrooms
3 Full Baths
2,894 SqFt
$41/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

345 5th St, Elyria$119,900

Buyer Closing Credits

$1,424*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTriplex
ParkingPaved
Year Built1920
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #5025116
Lot Size0.25 Acres
StatusAccepting Backup Offers
(Contingent)

About 345 5th St

Nestled amidst the quaint streets of Elyria's historical district, this magnificent 2894-square-foot multi-family house stands as a beacon of charm and opportunity. Built-in 1925, this three-unit dwelling boasts a rare blend of historical allure and modern amenities, offering five bedrooms and three bathrooms across its expansive layout. With each unit thoughtfully designed for comfort and functionality, this property presents an ideal investment opportunity for those seeking to capitalize on the allure of historical real estate. Recent upgrades, including a new electric panel and a newer furnace, ensure both efficiency and peace of mind for residents. Outside, a sprawling .25-acre lot provides ample space for recreation and relaxation, complemented by a large parking area—a coveted feature within such a cherished locale. Whether you're drawn to its historical significance, its potential for rental income, or its convenient location, this distinguished property promises a truly exceptional living experience in the heart of Elyria's storied past.

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Stories: 2
  • Living Area: 2,894 SqFt

Listing Office:

  • Office Name: EXP Realty, LLC.
  • Office Phone: (330) 604-2363
  • Listing Agent: Chassity Miller

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Paved

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: None

School Info

Assigned Schools Information:

  • Elyria High School, Public District Grades 9-12
  • Eastern Heights Middle School, Public District Grades 6-8
  • Franklin Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Traveling south on Middle Ave, make a right onto 5th street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $119,900
  • Price Per SqFt: $41/SqFt
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Elyria, OH.

Map thumbnail provided by MapBox

Elyria, OH

City

Med. Sold Price

$163.1K

Med. Price/SqFt

$110

Avg. Days On Market

43

# of Sold Homes

60

345 5th St vs Elyria

31 DAYS ON ROCKET

-12 Days

$119,900

-$43.2K Less

$41/SqFt

-$70 Less

KEY TAKEAWAY

This property is $43.2K less than the Median Sold Price and $70/SqFt less than other homes in Elyria, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5025116

Listing Office:

  • Office Name: EXP Realty, LLC.
  • Office Phone: (330) 604-2363
  • Listing Agent: Chassity Miller

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 6:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3551919
5
/10

  • Franklin Elementary School

  • 446 11th St

  • 0.55 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3551920
3
/10

  • Eastern Heights Middle School

  • 528 Garford Ave

  • 0.99 miles

  • Public District Grades 6-8

High School

school-card-donut-3551921
3
/10

  • Elyria High School

  • 601 Middle Ave

  • 0.11 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,970. The majority of Elyria, OH residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Lorain County›Elyria›44035›345 5th St

This home is located at 345 5th St in Elyria, OH and zip code 44035. This 2,894 square foot home, which was built in 1920, sits on a 0.25 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 29, 2024 and is currently priced at $119,900.

In March 2024, from all listings sold in Elyria, OH there were more than 27 sold above asking price, over 26 sold below and more than 7 were sold right at the asked price. The inventory of homes for sale in Elyria, OH between February 2024 and March 2024 decreased by 4.1%. In March 2024 median list price was $163,150 and the average listing age was 43 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources