About This Home

This 5-bedroom, 3-bathroom multi-family at 1016 & 1020 E 16th Street in Ashtabula, OH is listed for $225,000 ($59 per sqft). Built in 1958, the home offers 3,814 sqft of living space on a 0.14 acres lot.

Key Features

  • Built in 1958
  • 0.14 acre lot

Property Details

1 story
3 full
1-car garage
1958

Amenities

A/C
Listing Description

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 ad

ditional 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!

Monthly Cost Estimate

$1,203/mo

20% down · 6.5% · 30 years

Principal$163
Interest$975
Insurance$66

Estimates only. Actual payments may vary.

Location

1016 & 1020 E 16th Street

Ashtabula, OH 44004

Property Details

Construction

Brick

Parking

DrivewayGarage

Heating

Forced AirNatural Gas

Cooling

Central Air

Questions & Answers

This 5-bedroom, 3-bathroom multi-family at 1016 & 1020 E 16th Street is listed at $225,000 ($59/sqft). The estimated monthly payment is $1,204 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1958, 0.14 acre lot.

This property is listed by Clorice L Vines.

CV

Clorice L Vines

License 2025003178

Agent at McDowell Homes Real Estate Services

Listed by McDowell Homes Real Estate Services · Broker phone: (440) 205-2000 · View on Broker Site · Broker website

MLS# 5254693· Source: MLS Now· 8 days on PropertySimple

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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

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