Seller has received multiple offers, highest and best offers are due by 4/2/2026 at 5pm. Great investment opportunity in Saybrook Township offering four fully occupied rental units. This multi-unit property features a strong rental history with three units currently on month-to-month leases and one unit secured under a lease through December 2026. The property consists of two units with two bedrooms and one full bath, and two units with one bedroom and one full bath, providing a desirable mix of layouts for tenant flexibility. Current gross monthly income is $2,350. Tenants in place provide immediate cash flow, making this an excellent opportunity for both seasoned investors and those looking to expand their portfolio.
Multi-familyProperty Type
1951Year Built
0.76 acresLot Size
$42Price/Sq.Ft.
1 spaceParking
Listed by Clorice Vines• McDowell Homes Real Estate Services
2 separate buildings, 2 units per building. There are two 2 BR units and Two 1 BR unit. Enclosed front porch entrances , full basements, . Units need updating. Units 3901 -New roof 2009, upgraded circuit breaker box 2006, New heater 2008, HW Tank 2015. Unit 3903 -- Circuit Breaker box 2006, Roof 2009, HW Tank 2006. Unit 3913-- Circuit Breaker Box 2006, Heater 2012, HW Tank 2015. Unit 3915--Circuit Breaker box 2006, Roof 2002. Landlord pays sewer and water bills.
MLSNOW #3909250
Dec 31, 2017
Listing Removed
—
Dec 4, 2017
Relisted
—
Nov 2, 2017
Pending
—
Oct 27, 2017
Price Changed
$59,900
$20/sq ft
Sep 29, 2017
Price Changed
$64,900
$22/sq ft
Aug 25, 2017
Price Changed
$69,900
$23/sq ft
Aug 10, 2017
Price Changed
$75,000
$25/sq ft
Jul 3, 2017
Price Changed
$79,900
$27/sq ft
Jun 1, 2017
Listed
$99,900
$33/sq ft
MLSNOW #3846525
Mar 31, 2017
Listing Removed
—
Sep 20, 2016
Listed
$129,900
$43/sq ft
MLSNOW #3262468
Apr 30, 2012
Listing Removed
—
Sep 16, 2011
Listed
$139,900
$47/sq ft
MLSNOW #3210239
Sep 10, 2011
Listing Removed
—
Mar 10, 2011
Listed
$149,900
$50/sq ft
MLSNOW #3159517
Jan 10, 2011
Listing Removed
—
Aug 4, 2010
Listed
$149,900
$50/sq ft
MLSNOW #3055602
Jan 28, 2010
Listing Removed
—
Jul 2, 2009
Listed
$175,000
$58/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,498 (+5.9%)
$6,230 + $43,190
$49,420
2024
$2,359 (−0.6%)
$6,230 + $43,190
$49,420
2023
$2,374 (+15.4%)
$6,230 + $43,190
$49,420
2022
$2,058 (−9.7%)
$4,800 + $31,990
$36,790
2021
$2,279 (+8.9%)
$4,800 + $31,990
$36,790
2020
$2,092 (−19.2%)
$4,800 + $31,990
$36,790
2019
$2,590 (+3.2%)
$4,900 + $40,780
$45,680
2018
$2,509 (−10.7%)
$4,900 + $40,780
$45,680
2017
$2,809 (+9.5%)
$4,900 + $40,780
$45,680
2016
$2,565 (−26.1%)
$4,830 + $39,970
$44,800
2014
$3,472 (−1.6%)
$9,170 + $39,970
$49,140
2013
$3,527
$17,890 + $35,390
$53,280
Public record
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.76 Acres
Year renovated
1951
Sq. Ft.
1,496
Year built
1951
Style
Multi-Family (2-4 Unit)
County
Ashtabula County
APN
480140003300
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 12, 2026.
Property details
Parking
Parking
Features: Driveway
Interior
Bathroom Information
# of Full Bathrooms: 4
Room Information
Has Basement
Basement Information: Full
Multi Unit Information
# Of Buildings: 2
Multi Unit Financial Information
Gross Income: $28,200
Operating Expense: $4,358
Unit Type 1
One Bedroom
Unit Description: month to month lease
# of Bedrooms: 1
# of Bathrooms Total: 1
Actual Rent: $525
Unit is Leased
Unit Type 2
One Bedroom
Unit Description: month to month lease
# of Bedrooms: 1
# of Bathrooms Total: 1
Actual Rent: $525
Unit is Leased
Unit Type 3
Two Bedroom
Unit Description: 1 year lease unit 3915
# of Bedrooms: 2
# of Bathrooms Total: 1
Actual Rent: $650
Unit is Leased
Lease Expires: Monday, December 14, 2026
Unit Type 4
Two Bedroom
Unit Description: month to month lease
# of Bedrooms: 2
# of Bathrooms Total: 1
Actual Rent: $650
Yes
Exterior
Building Information
Stories: 1
Year Built Source: Public Records
Roof Details: Asphalt, Fiberglass
Construction Details: Vinyl Siding
Lot Information
Lot Size Area: 0.7643
Lot Size Acres: 0.7643
Lot Size Source: Public Records
Property Information
Above Grade Finished Area: 2,992
Financial
Tax Information
Annual Tax Amount: $2,498
Tax Year: 2025
Rental Information
Owner Pays: Sewer, Trash Collection
Tenant Pays: Electricity, Gas, Water
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Heating & Cooling
Has Heating
Heating: Baseboard, Electric
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,496
Stories: 1.0
Lot Size: 0.76 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1951
Year Renovated: 1951
County: Ashtabula County
APN: 480140003300
Home facts updated by county records on Aug 12, 2026
Around this home
Schools
Michigan Primary School
Public K-1 • Assigned • 2.1mi
Lakeside Junior High School
Public 7-8 • Assigned • 0.7mi
5/10
Lakeside High School
Public 9-12 • Assigned • 0.9mi
2/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 95° expected this year, 18 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Ashtabula, OH • 44004
Average low and high temperatures (°F)
30
18
35
22
53
34
61
43
65
49
78
61
83
66
78
62
75
57
65
47
51
39
39
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11.5 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
Sell confidently with a local market expert in Ashtabula.