Active

133 W Jackson Street

Painesville, OH 44077
Mark as Favorite
Bed 2

Bed

Bath 2

Bath

SqFt1,125

Sqft

Acres0.20

Acre(Lot)

Excellent Investment Opportunity – Tenant-Occupied Side-by-Side Duplex Great opportunity to add an income-producing duplex to your investment portfolio! This side-by-side duplex features two comfortable 1-bedroom, 1-bath units, each with its own private basement for additional storage. Both units are currently occupied, providing immediate rental income: Unit 133: Currently rented for $817/month, including pet fee and water/sewer. Renovated approximately 4 years ago. Unit 135: Currently rented for $825/month, including pet fee. Recently renovated and in great condition. Combined monthly rental income is $1,642, providing immediate rental income for the new owner. At the $130,000 asking price, the current rents represent approximately 1.26% of the purchase price per month, exceeding th e commonly referenced 1% rule for rental properties. The property is situated in a quiet and very private location with off-street parking, adding convenience and appeal for tenants. Offered at $130,000 and priced competitively based on the property's current condition. This is an excellent opportunity to acquire an affordable duplex and expand a rental portfolio. Important Showing Information: Both units are currently tenant occupied. To respect the tenants' privacy, showings will be permitted only after a signed purchase agreement. Please do not disturb the tenants.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $130,000

AD Id : 90503138

MLS Id : 5240320

Beds : 2

Lot Size : 0.20 Acre

Living Area Size : 1,125

Year Built : 1910

County : Lake

Subdivision: Home Park

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 8 Has Basement: Yes Basement: Unfinished
  • Roofing Information

    Flat
  • Interior Features

    Roof: Flat
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Cooling: None

  • Building Information

    Year Built: 1910 Construction Materials: Aluminum Siding Stories: 1 Private Pool: No

  • Lot Information

    Main Square Feet: 0.202 Acres Lot Size Acres: 0.202 Lot Size Source: Appraiser

    Property Information

    Subdivision: Oliver A Crarys Sub Source Property Type: Residential Income Property SubType: Duplex Levels: Two, One Property Age: 116

  • Listing Price Information

    Listing Price: $130000

  • Tax Information

    Parcel Number: 15-D-001-0-00-070-0 Tax Year: 2025 Annual Tax: $1455 Tax Legal Desc: PAINESVILLE LOT TRACT 3 PART OF S/L 5

  • Parking Information

    Off Street, Outside

  • Location Information

    Direction: Driving east on Route #2 turn right into Painsville (Richmond St) Turn right to West Jackson. Turn left on the driveway between 131 to 139 West Jackson. The duplex would be on your left WaterSource: Public
Sell a home like this and save $7,301 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
134 Pearl Street, Painesville, OH, 44077 $334,900 9 4 4,628 0.16 Acre
176 Stage Avenue, Painesville, OH, 44077 $215,000 6 4 3,280 0.30 Acre

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 are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.

ByOwner last updated this listing 09/01/2026 @ 01:37

MLS: 5240320 LISTED BY: Gal Fox, Galileo Realty LLC 216-644-9851 SOURCE: MLS Now

Homes around $130,000

Selling? Save $7,301 when you sell a home like this

Tour with a ByOwner Agent