USAOHPainesvilleOliver a Crarys Sub133 Jackson St
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$130,000

For Sale

2 days ago

133 Jackson St, Painesville, OH

House

MLS® 5240320

2 Bed

2 Bath

1125 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1125 sqft
Garage 
Taxes $1,455
Days Active 2
Lot Size 0.202 Acres
Approx. Age 1910
Avg. Price Per Sqft $115
MLS® Number 5240320

Property Address: 133 Jackson St, Painesville, OH, 44077-3212

Average square foot calculated using Size range provided by listing agent.

Description

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 the 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.
MLS® Number5240320
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1910
BasementUnfinished
DrivewayOff Street, Outside
Garage Spaces
HeatForced Air
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 27, 2026List Date
$130,000List Price

Home Appraisal

This property is estimated to sell between: $130,000 and $161,000.
Similar properties in this area sold on average for: $150,611
Expected to sell in 50 days. Similar properties sold in 52 days. This home has been on eXp Realty for 2 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Starting Address
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133 Jackson St, Painesville, OH

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