Income-Producing Duplex in Ashtabula City – Investor Opportunity!
Located close to shopping, restaurants, schools, parks, and all the everyday amenities Ashtabula City has to offer, this duplex is a solid addition to any investment portfolio.
This property features two units:
A spacious 3-bedroom, 1-bath
A comfortable 1-bedroom, 1-bath
Both units are currently rented, providing immediate cash flow from day one.
The property does need a little TLC, making it a great opportunity for an investor ready to add value and build equity. The big-ticket item? The roof is only 5 years old, giving peace of mind and saving on major upfront expenses.
Outside you’ll find a detached garage and a large driveway with plenty of parking — a huge bonus for tenants.
If you’re looking for steady rental income with upside potential in a convenient Ashtabula City location, this one is full of opportunity. Bring your vision and make it your next smart investment!
Active
$144,000
3835 Lake Ave, Ashtabula, OH 44004
4beds
1,727sqft
Duplex, Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
$83/sqft
$-- HOA
What's special
Detached garage
- 150 days |
- 99 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Clorice L Vines 440-812-2542 clorice@mcdhomes.com,
McDowell Homes Real Estate Services,
Rachel N Wilson 440-862-3808,
McDowell Homes Real Estate Services
Source: MLS Now,MLS#: 5187562
Originating MLS: Lake Geauga Area Association of REALTORS
Originating MLS: Lake Geauga Area Association of REALTORSLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- None
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 1,727
- Total interior livable area: 1,727 sqft
- Finished area above ground: 1,727
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage, On Site, Oversized, Unpaved
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,098 Square Feet
Details
- Parcel number: 052170005200
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Wood Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Parsons
Location
- Region: Ashtabula
Financial & listing details
- Price per square foot: $83/sqft
- Tax assessed value: $21,600
- Annual tax amount: $424
- Date on market: 2/18/2026
- Cumulative days on market: 127 days
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/8/2026 | Price change | $144,000-5.9%$83/sqft |
Source:  MLS Now #5187562 Report a problem | ||
| 2/18/2026 | Listed for sale | $153,000$89/sqft |
Source: MLS Now #5187562 Report a problem | ||
| 10/3/2024 | Listing removed | $950$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/26/2024 | Listed for rent | $950$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $425 +1.3% | $7,570 |
| 2023 | $420 +15.5% | $7,570 +33.3% |
| 2022 | $363 -67.4% | $5,680 |
| 2021 | $1,114 +200.3% | $5,680 |
| 2020 | $371 -14.9% | $5,680 -12.3% |
| 2019 | $436 +9.4% | $6,480 |
| 2018 | $399 -75.4% | $6,480 |
| 2017 | $1,619 +3.9% | $6,480 |
| 2016 | $1,558 +290.3% | $6,480 |
| 2015 | $399 +2.2% | $6,480 |
| 2014 | $390 -70.5% | $6,480 +34.2% |
| 2013 | $1,325 +6.7% | $4,830 |
| 2012 | $1,242 +341.2% | $4,830 |
| 2011 | $282 -12.4% | $4,830 -27.8% |
| 2010 | $321 0% | $6,690 +0.1% |
| 2008 | $322 -28.9% | $6,685 -27.1% |
| 2007 | $452 -2.3% | $9,170 |
| 2006 | $462 +0.9% | $9,170 |
| 2005 | $458 +9.4% | $9,170 +14.4% |
| 2004 | $419 -0.3% | $8,015 |
| 2003 | $420 +3.4% | $8,015 |
| 2002 | $406 -4.8% | $8,015 -1.7% |
| 2001 | $427 +0.5% | $8,155 |
| 2000 | $424 | $8,155 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 44004
Nearby schools
GreatSchools rating
- NAOntario Primary SchoolGrades: K-2Distance: 1.5 mi
- 5/10Lakeside Junior High SchoolGrades: 7-8Distance: 2.8 mi
- 2/10Lakeside High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- District: Ashtabula Area CSD - 401
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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