161 High St
Elyria, OH 44035
6 Beds
2 Baths
2,432 sqft
6 Beds
2 Baths
2,432 sqft
Local Information
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Description
https://tour.panoee.net/698c7eba1f39a56d8bb8a3ba/698c7f1060c07b57330c2346 (Walking tour)
Brand New Construction Duplex – Completed December 2025. Turn-key investment opportunity with strong cash flow and long-term tax advantages. This newly built duplex features two spacious units, each offering 3 bedrooms, 1 full bath, and 1,216 square feet of living space per side (2,432 total sq ft). Both units are leased with 2-year agreements in place, generating $3,000 per month ($36,000 annually) in rental income. The property delivers an 8%+ cap rate, making it an excellent addition to any investment portfolio. Enjoy a 15-year, 100% tax abatement, significantly reducing operating expenses and increasing net returns. As new construction completed in December 2025, the property also includes a 1-year builder warranty for added peace of mind. Low maintenance, stabilized income, and strong returns — this is a true turnkey investment.
Brand New Construction Duplex – Completed December 2025. Turn-key investment opportunity with strong cash flow and long-term tax advantages. This newly built duplex features two spacious units, each offering 3 bedrooms, 1 full bath, and 1,216 square feet of living space per side (2,432 total sq ft). Both units are leased with 2-year agreements in place, generating $3,000 per month ($36,000 annually) in rental income. The property delivers an 8%+ cap rate, making it an excellent addition to any investment portfolio. Enjoy a 15-year, 100% tax abatement, significantly reducing operating expenses and increasing net returns. As new construction completed in December 2025, the property also includes a 1-year builder warranty for added peace of mind. Low maintenance, stabilized income, and strong returns — this is a true turnkey investment.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$152
Listed
96 days ago
Home Details for 161 High St
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MLS Status: Active |
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Interior Details Basement: NoneNumber of Rooms: 14 |
Beds & Baths Number of Bedrooms: 6Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 2432 Square Feet |
Appliances & Utilities Appliances: Cooktop, Dishwasher, Freezer, Disposal, Microwave, Range, RefrigeratorDishwasherDisposalLaundry: Washer Hookup,Electric Dryer Hookup,In Unit,Upper LevelMicrowaveRefrigerator |
Heating & Cooling Heating: GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Gas |
Windows, Doors, Floors & Walls Window: Screens |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: Two |
View Has a ViewView: City Lights, City |
Security Security: Smoke Detector(s) |
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Exterior Home Features Roof: AsphaltFencing: WoodExterior: LightingNo Private Pool |
Parking & Garage No CarportNo GarageNo Attached GarageParking: Additional Parking,Common |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 2432 Square Feet |
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Cumulative Days on Market: 90Days on Market: 96 |
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Year Built Year Built: 2025 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Duplex, Multi Family |
Building Construction Materials: Blown-In Insulation, Concrete, Vinyl SidingIs a New ConstructionIncludes Home Warranty |
Property Information Condition: New ConstructionParcel Number: 0624027108032 |
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Price List Price: $369,000Price Per Sqft: $152 |
Status Change & Dates Possession Timing: Delivery Of Deed |
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Direction & Address City: ElyriaCommunity: Wm A Bramans Sub |
School Information Elementary School District: Elyria CSD - 4706Jr High / Middle School District: Elyria CSD - 4706High School District: Elyria CSD - 4706 |
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Listing Agent Listing ID: 5186668 |
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Building Area Building Area: 2432 Square Feet |
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Association for this Listing: Other/Unspecificed |
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Lot Area: 10018.8 sqft |
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Listing Terms: Conventional |
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Expense Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Internet, Sewer, Trash Collection, Telephone, Water |
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Owner Pays: Grounds Care, Snow Removal |
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Mls Number: 5186668Living Area Range Units: Square FeetAttribution Contact: 614-432-7325, Sharon@homewisemls.comAbove Grade Unfinished Area: 2432 |
Last check for updates: about 13 hours ago
Listing Provided by: Sharon Y Jebavy, (614) 432-7325
HomeWise Real Estate, LLC
Originating MLS: Other/Unspecificed
Source: MLS Now, MLS#5186668
Also Listed on MLS Now.
Price History for 161 High St
| Date | Price | Event | Source |
|---|---|---|---|
| 05/13/2026 | $369,000 | PriceChange | MLS Now #5186668 |
| 04/25/2026 | $379,000 | PriceChange | MLS Now #5186668 |
| 04/09/2026 | $389,000 | PriceChange | MLS Now #5186668 |
| 02/12/2026 | $399,000 | Listed For Sale | MLS Now #5186668 |
| 02/03/2026 | $1,500 | ListingRemoved | Zillow Rentals |
| 12/08/2025 | $1,500 | Listed For Rent | Zillow Rentals |
| 08/29/2023 | $400 | Sold | N/A |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $378 |
| Assessment | $22,260 |
Home facts updated by county records
Comparable Sales for 161 High St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Multi-Family Home | $185,000 | 10/06/25 | 4 | 2 | 1,840 | |
0.30 | Multi-Family Home | $25,000 | 08/04/25 | 4 | 2 | 1,484 | |
0.18 | Multi-Family Home | $125,000 | 11/04/25 | 4 | 2 | 1,656 | |
0.19 | Multi-Family Home | $267,000 | 05/22/25 | 8 | 4 | 4,256 | |
1.47 | Multi-Family Home | $119,000 | 04/29/26 | 4 | 3 | 2,112 | |
1.65 | Multi-Family Home | $124,000 | 08/26/25 | 4 | 2 | 1,824 | |
1.78 | Multi-Family Home | $156,500 | 02/26/26 | 4 | 2 | 1,922 |
Assigned Schools
These are the assigned schools for 161 High St.
- Ely Elementary School
- K-4
- Public
- 470 Students
4/10GreatSchools RatingParent Rating AverageThis year is my sons 1st year of school. Ely has been an amazing experience. The principal is kind and works with the parents, there are weekly coffee meeting with the principal that is open to every and all parents. they have a program where dads are able to help out in the classes which has been a great thing for my son who is use to being with his dad all day. I am excited that my son is part of Ely.Parent Review2y ago - Elyria High School
- 9-12
- Public
- 1497 Students
3/10GreatSchools RatingParent Rating AverageThe Elyria City Schools offers a wide range of classes for general education as well as many Honors and AP options and dual enrollment classes. They have over 60 clubs that all students are welcome to join. Their band, drama, and other arts programs are second to none. They send children to the top universities in the country. There was a student a few years ago that was chosen to go to Sweden to work on the CERN Large Hadron Collider. He was one of only ten college students chosen throughout the country and he credits his Science teacher at Elyria High for sparking his interest in Physics. More than one student has come back to teach at Elyria High due to the influence of their teachers. There are an impressive number of students graduating with Top Honors and millions of dollars are awarded every year for scholarships. They have a 90% graduation rate which is practically unheard of in an urban district. If you want your child learning in a diverse environment with many opportunities and taught by an outstanding, highly qualified staff in a new state of the art building I would highly recommend Elyria High School.Parent Review9y ago - Northwood Middle School
- 5-8
- Public
- 586 Students
5/10GreatSchools RatingParent Rating AverageThis has to be my most favorite school because 1.They talk to bullies and the victim of the bully. (After that I was no longer bullied the rest of the year!) 2.The staff ther are really nice,kind,and funny. 3.The staff helps you work at your own pace and try to help you understand. 4.They let you stay afterschool to get extra help on homework or anything else. 5.The principle is really kind and funny. 6.The office is open until somewhere around 5:15. 7.there is a Horizon Afterschool program with clubs and extra curricular help and homework time for 45 mins so you can do your homework. 8.There is 2-3 choices of lunch choices and 4-5 choices of Fruits/Veggies.Other Review11y ago 
Check out schools near 161 High St.
What Locals Say about Elyria
At least 386 Trulia users voted on each feature.
88 % Say car is needed
85 % Say parking is easy
84 % Say there are sidewalks
83 % Say yards are well-kept
80 % Say it's dog friendly
70 % Say kids play outside
70 % Say there's holiday spirit
58 % Say streets are well-lit
52 % Say neighbors are friendly
52 % Say people would walk alone at night
49 % Say there's wildlife
49 % Say it's quiet
46 % Say they plan to stay for at least 5 years
41 % Say it's walkable to restaurants
40 % Say it's walkable to grocery stores
21 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Sharon Y Jebavy, HomeWise Real Estate, LLC
Agent Phone: (614) 432-7325
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Zillow, Inc. does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2026 - Multiple Listing Service, Inc. – All Rights Reserved.
161 High St, Elyria, OH 44035 is a 6 bedroom, 2 bathroom, 2,432 sqft multi-family built in 2025. This property is currently available for sale and was listed by MLS Now on Feb 12, 2026. The MLS # for this home is MLS# 5186668.