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423 7th St, Fairport Harbor, OH, 44077

4beds
3baths
1,908sqft
$199,000
$104price/sqft
$1,544/moest. monthly cost
$61,760/yrincome needed

About This Home

Income-producing triplex in Fairport Harbor with projected gross rental income of approximately $2,700 per month. Each unit includes a dedicated garage space in the detached three-car garage. The property also features a shared basement with separate washer and dryer hookups for each unit. Tenants pay all utilities except water. Two lower units were cosmetically updated in 2023 with new cabinets, flooring, countertops, paint, and appliances. The upper unit is currently vacant with estimated market rent of approximately $850 per month, offering flexibility for a new tenant or potential owner-occupancy. The upper unit furnace located in the attic has also been recently replaced. The home features a recently installed roof and is conveniently located near Fairport Harbor beach, parks, and local amenities.

Getting Around

57
WalkingSomewhat Walkable
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

3/10
5/10

Construction

Condition

  • Year built: 1910

Materials

  • Roof: Asphalt
  • Construction materials: Unknown

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex,Multi Family

Interior

Appliances

  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Finished area above ground: 1,908

Heating & Cooling

  • Heating features: Forced Air,Gas,Hot Water,Steam
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,908
  • Total interior livable area: 1,908 sqft

Property

Details

  • Parcel number: 14A0150000080

Features

  • Levels: Three Or More

Lot

  • Lot size: 5,279 sqft

Parking

  • Total spaces: 3
  • Parking features: Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Winter Weather
Tsunami

FEMA Declared Disasters Across Ohio Counties

Flood
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,006$12,072
Home Insurance *$86$1,032
Property Taxes $248$2,976
Electricity $204$2,455
Total$1,544$18,528
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$52,937/yr
40% on housing$46,320/yr
45% on housing$41,173/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.8%
6.8%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$104This listing

vs Other Active Listings

Avg $/sqft

ZIP 44077$141
Lake County$154

vs Homes Sold Last Month

Median $/sqft

ZIP 44077$172
Lake County$161

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-06Price change$219,000
2026-04-24Listed for sale$229,000
2023-06-30Sold$135,000
1997-02-27Sold$71,000

For Sale by Agent

AgentAaron Harden
BrokerageHomeSmart Real Estate Momentum LLC

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