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5 Beds
3 Baths
3,814 sqft

$225,000

1016 & 1020 E 16th Street, Ashtabula OH, 44004

Price per sqft$58.99
Built in1958
Property size3,814 sqft
Property typeMulti-family

Overview

Active

Listed Oct 21, 2026

Updated 4 days ago

Welcome to this wonderful opportunity to own a brick duplex offering spacious living, versatility, and income potential! The first unit, currently owner-occupied, features 2 bedrooms, 2 full bathrooms, a generous living room, an eat-in kitchen, a finished basement, and an attached one-car garage. A portion of the finished basement is currently occupied under a separate rental agreement at $500 per month. The second unit, currently rented for $675 per month, offers 3 bedrooms, 1 full bathroom, a spacious living room, an eat-in kitchen, and a full unfinished basement providing ample storage space. Both units feature a four-season sunroom/family room, offering additional year-round living space. Conveniently located near Lake Erie, this property presents an excellent opportunity for investors or owner-occupants seeking additional rental income. With two existing rental agreements generating a combined $1,175 per month and the potential for additional income from the owner-occupied space, this property offers flexibility and investment possibilities. Whether you're looking to expand your rental portfolio or occupy one unit while generating income from the other, this brick duplex is worth exploring! Schedule your private showing today!

$1,497/mo

Est. mortgage payment based on a $225,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
5254693

Interior Features

Bedrooms
5
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$2,649
Tax Frequency
Annually
Garage
Yes
Municipality
Ashtabula

Courtesy of McDowell Homes Real Estate Services

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Margo Real Estate & Property Mgmt shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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