423 7th Street

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Address: 423 7th St, Fairport Harbor, OH 44077, USA
Chicago & Midwest + Apartment Buildings
Created date: September 25, 2026
Date last updated: September 25, 2026
Price: $199,000Investment Analyzer NEW!

Property Description

Income-producing triplex in Fairport Harbor with recent cosmetic improvements including fresh paint, drywall and trim work, and additional updates throughout. The front unit is currently occupied at $850 per month, while the back and upper units are vacant and easy to show, providing flexibility for new tenants or potential owner-occupancy. Previous and projected rents support gross rental income of approximately $2,700 per month when fully occupied. Each unit includes a dedicated garage space in the detached three-car garage, along with access to the shared basement with separate washer and dryer hookups. Tenants pay all utilities except water. Additional improvements include a recently installed roof, three newer electrical panels, and a newer furnace serving the upper unit. Conveniently located near Fairport Harbor Beach, parks, and local amenities. Structural engineer report and contractor proposal available for review.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $199,000
Year Built: 1910
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 3
Address: 423 7th Street, Fairport Harbor, OH 44077, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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