Ashtabula Ohio Multi-Family Homes for Sale

Ashtabula Ohio Multi-Family Homes for Sale

$155,000
5 Beds 3 Baths 5240825 MLS
Opportunity for investors or owner-occupants! This single-story triplex offers a unique combination of existing rental income and flexibility, with two units currently occupied and a vacant one-bedroom unit ready for its next tenant or an owner-occupant. The property features approximately 2,576 square feet per county records, with three separate units, private entrances, individual off-street parking and separate gas forced-air heat. The layout includes two 2-bedroom/1-bath end units and a 1-bedroom/1-bath center unit, with each residence offering its own laundry/utility area and individual mechanicals. Tenants pay their own utilities and are responsible for lawn care and snow removal, helping keep owner-paid operating expenses limited. Current gross scheduled rental income is $28,380 annually. Built in 1980 and part of a long-held family rental portfolio, the property has been consistently maintained throughout that ownership while retaining straightforward, functional layouts and finishes. With all three residences on one level and no shared interior hallways, the property offers an uncomplicated setup for continued rental use. Whether you're looking to add an income-producing multifamily property to your portfolio or live in the vacant unit while collecting rent from the other two, 4823 Dunsmore offers an appealing opportunity. Property consists of three parcels. Floor plans are provided for reference; square footage is per county records.

4823 Dunsmore Avenue, Ashtabula

Listing Courtesy of: Ryan Reed, ryan@sellingneohio.com With Century 21 Homestar

$315,000
8 Beds 4 Baths 5113295 MLS
Fantastic Turnkey Investment Opportunity – 4-Unit Brick Building on Oversized Lot! This is a prime opportunity for investors looking to expand their portfolio with a fully renovated, all-brick 4-unit property situated on an extra-large lot—originally three parcels combined, offering exciting potential for future expansion. Each spacious unit offers approximately 972 sqft of living space, featuring 2 bedrooms, 1 full bath, a cozy fireplace in the living room, and a private patio with elegant Travertine tile. The large dining room with built-ins opens to a well-equipped kitchen with a gas range, refrigerator, and dishwasher. Recent updates include a new roof (2021), windows, and four hot water tanks (2017). The basement offers shared laundry (2 washer/dryer sets) and private storage units for each tenant. Tenants will appreciate the ample green space, generous parking, and convenient location near parks, the marina, restaurants, and more. Each unit has a private balcony on the street side and a semi-private patio on the west side. Also, each unit has a private entrance in the back in addition to the shared entrance on 44th street. Lot could possibly be split into two and a second development might be possible (buyer to do their own research). Whether you're a seasoned investor or just starting out, this turnkey property offers strong rental appeal and future growth potential.

513 W 44th Street, Ashtabula

Listing Courtesy of: Lisa K Sisko, lisa@lisasiskoteam.com With Keller Williams Greater Metropolitan

Selling Office: Assured Real Estate.

$275,000
4 Beds 2 Baths 5101186 MLS
TURNKEY FULLY FURNISHED short term or long term executive rental in a fantastic LOCATION!!! This GEM is directly across from the Walnut Beach walk down area and pickleball courts. Seller used this as a short term rental through Evolve and the lower unit had 24 ALL FIVE STAR reviews and the upper unit had 14 ALL FIVE STAR REVIEWS!!! The guest books are in each unit and stay with the property. The top and bottom covered porches are a great place to enjoy the beautiful neighborhood, weather or watch the pickle ball tournaments. BRIDGE STREET is just two blocks away. Both units were completely remodeled two years ago and feature newer granite countertops, stainless steel appliances, in unit laundry, water proof flooring, furnaces and central air, most windows, one on demand water heater, one tank water heater, seamless gutters and all furnishings. Roof is about 3 years old. All utilities are separate. On street parking and rear parking off the alley with room for up to six vehicles. The shed is being used by the neighbor in exchange for mowing the lawn. Each unit has one King bed and one Queen bed. A sleeper sofa could be added to the living rooms to accommodate more guests. By adding one door in the rear stairwell this two unit can become one unit that can sleep 8-12!!! Please contact your agent to get in to view as soon as possible. List agent related to seller.

1662 Walnut Boulevard, Ashtabula

Listing Courtesy of: Trish Spring, trishspring@live.com With CENTURY 21 Lakeside Realty

Selling Office: CENTURY 21 Lakeside Realty.

$75,000
5 Beds 4 Baths 5084796 MLS
Bosting with over 3,600 square feet of living space, 4 different levels and an in-law suite, this classic home is full of possibilities! All together, the home has 3.5 baths, 5+ bedrooms, 2 kitchens and 2 laundry rooms. The home is currently set up as a Duplex, metered separately from the "in-law suite" and even has a third meter, should you want to revert it back to a Triplex. The first floor has an enclosed porch/sunroom, oversized livingroom with gas fireplace, kitchen and half bath. The smaller unit in the back of the home is also all on first floor. It is equipped with 1 bedroom with original built-ins, a gas fireplace in the living room, kitchen and a lovely sunroom. The second floor has 4 bedrooms and two full baths and bonus areas you could use as office space or playrooms. However, you could easily section off the back of the house to make a third unit. The third floor needs heated but is partially finished, with 2 bonus bedrooms, a living area with sink (think Kitchenette) with an additional room for an office, livingroom or playroom. With some updates, the 4th floor could potentially be a fourth unit. The DRY basement has 2 laundry areas and can be blocked off from one furnace and the water heaters. The side yard can offer plenty room for parking. There is also a garage for storage. This property is being sold as is and is priced to sell quickly. Schedule you showing today!

234 W 50th Street, Ashtabula

Listing Courtesy of: Sarah Glasky, ssglasky@gmail.com With Platinum Real Estate

Selling Office: McDowell Homes Real Estate Services.

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Ashtabula Ohio Multi-Family Homes

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