Ashtabula, OH Multifamily Homes & Duplexes for Sale

/5
$144,900

$5K PRICE DROP
- 5 Beds
- 2 Baths
- 2,192 Sq Ft
5422 Madison Ave, Ashtabula, OH 44004

Duplex with great income history .... 3 bedroom brings in $1150 a month and 2 bedroom brings in $1100 a month... seller only pays water, sewer and trash. Property is currently not rented so you could live in one side and rent the other .. so many possibilities !!

Raegan Hagerdon

Assured Real Estate

5422 Madison Ave, Ashtabula, OH 44004
Explore Ashtabula
/30
$225,000
- 5 Beds
- 2 Baths
- 2,560 Sq Ft
4006 Center Rd, Ashtabula, OH 44004

Welcome to this rare investment opportunity in Saybrook Township. Whether you're an investor seeking immediate cash flow or an owner-occupant looking to live in one unit and let the other pay your mortgage, this fully updated duplex delivers. Over the last four years, both units have been completely remodeled — new kitchens, flooring, paint, fixtures, and more (see full update list and financial

Jake Poyar HomeSmart Real Estate Momentum LLC

4006 Center Rd, Ashtabula, OH 44004
/14
$115,700
- 4 Beds
- 2 Baths
- 2,376 Sq Ft
903 Columbus Ave, Ashtabula, OH 44004

READY to go! Long term tenants in place; month to month. location Convenient; near Ashtabula Marina ,Bridge St ,Lakeview Park, and more. Mechancals all functional; add some sprucing up and enjoy by living in one unit and keep renting one out to pay the way. Or just keep the rent in a stable neighborhood. Electrical panel and furnace replaced and roof in 2024.

MJ McLaughlin CRA Realty Services

903 Columbus Ave, Ashtabula, OH 44004
/3
$169,900

$10K PRICE DROP
- 5 Beds
- 3 Baths
3829 Lake Ave, Ashtabula, OH 44004

Calling All Investors! Don’t miss this income-producing opportunity at 3829 Lake Avenue in Ashtabula! This triplex features three units: a 3 bed / 1 bath, 2 bed / 1 bath, and 1 bed / 1 bath — offering strong rental potential right from the start. Tenants in place who would love to stayCurrently Section 8 approvedImmediate cash-flow opportunityJust needs some TLC and updates to

Clorice Vines McDowell Homes Real Estate Services

3829 Lake Ave, Ashtabula, OH 44004
/5
$144,000

$9K PRICE DROP
- 4 Beds
- 2 Baths
- 1,727 Sq Ft
3835 Lake Ave, Ashtabula, OH 44004

Income-Producing Duplex in Ashtabula City – Investor Opportunity! Located close to shopping, restaurants, schools, parks, and all the everyday amenities Ashtabula City has to offer, this duplex is a solid addition to any investment portfolio. This property features two units:A spacious 3-bedroom, 1-bathA comfortable 1-bedroom, 1-bath Both units are currently rented, providing immediate

Clorice Vines McDowell Homes Real Estate Services

3835 Lake Ave, Ashtabula, OH 44004
/8
$139,700

$10K PRICE DROP
- 4 Beds
- 2.5 Baths
- 1,856 Sq Ft
137 Grove Dr, Ashtabula, OH 44004

3 bdrm 2 bath colonial home with a 1 bdrm suite, each having own address. OWNer pays water sewer and trash. Possible live in the the home and rent out the 1 bedroom suite. Bird leaving the nest? Heres an opportunity.. or just keep 1500 rental income . LOng term tenant in the home. 1 bedroom has had no lapses. Walking distance to downtown area.

MJ McLaughlin CRA Realty Services

137 Grove Dr, Ashtabula, OH 44004
/13
$239,700
- 7 Beds
- 4 Baths
- 2,708 Sq Ft
1335 W 3rd St, Ashtabula, OH 44004

GREAT location close to the Ashtabula Harbor Amenities, Bridge Street, Walnut Beach, LakeShore Park and more . Units provides a steady year around income easily.

MJ McLaughlin CRA Realty Services

1335 W 3rd St, Ashtabula, OH 44004
/22
$109,900

$10K PRICE DROP
- 4 Beds
- 2 Baths
- 1,926 Sq Ft
4826 Cornell Ave, Ashtabula, OH 44004

Clean slate ready for you to make this duplex a nice addition to your portfolio. Plenty of possibilities with this up and down duplex featuring 2 bedrooms and 1 bathroom in each unit, separate utilities, furnaces, and hot water tanks. Updates include new furnaces in ’08 and ’09, newer ductwork throughout, pex water lines, PVC schedule 40 sanitary lines, windows, roof in approx. 2008 and

Jeffrey Cunningham Berkshire Hathaway HomeServices Professional Realty

4826 Cornell Ave, Ashtabula, OH 44004

Ohio Ashtabula County Ashtabula

Why Live in Ashtabula

Ashtabula, OH, a small Rust Belt town in Northeast Ohio, is situated on the shores of Lake Erie and the Ashtabula River. Known for its industrial history, the city has experienced a population decline due to job losses, yet it retains a historic downtown district and numerous outdoor attractions. Housing options range from waterfront properties on Lake Erie to vintage cottages and Classical Revival homes, with new developments revitalizing areas like the Harbor and Bridge Street. The median home price is $155,000, significantly lower than the national average. Kent State University of Ashtabula offers programs in nursing and physical therapy. Outdoor enthusiasts can enjoy 10 parks and 28 miles of trails maintained by Ashtabula County Metroparks, with popular activities including fishing and boating on Lake Erie. The city hosts events such as the Downtown Ashtabula Christmas Parade and the Blessing of the Fleet Celebration. Historic Bridge Street features boutique shops, restaurants, and pubs, while Ashtabula Towne Square, though mostly empty, is surrounded by big-box stores. Ashtabula is also part of Ohio's wine country, known for its ice wines. The city is conveniently located near Interstate 90, with Erie, PA, 53 miles east and Cleveland, OH, 58 miles west. The Ashtabula County Transportation System provides scheduled rides, and Erie Airport is 40 miles away. Violent crime rates are lower than the national average.

Learn more about living in Ashtabula

Home Prices in Ashtabula, OH

The median home sale price in Ashtabula, OH is $159,000, up 4% year-over-year. Homes in Ashtabula sell in 45 days on average, compared to the national average of 57 days.

Home Price Trends

Median Sale Price $159,000	Median Single Family Sale Price $160,000
Median Townhouse Sale Price $120,000	Median 2 Bedroom Sale Price $149,900
Median 1 Bedroom Sale Price $130,000	Average Price Per Sq Ft $131
Number of Homes for Sale 92	Last 12 months Home Sales 351
Months of Supply 3.10	Median List Price $169,900
Median Change From 1st List Price 3%	Median Home Sale Price YoY Change 4%

How to Buy a Home How to Finance a Home How to Sell a Home

In Ashtabula, there are currently 8 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $109,900 to $239,700, there's a range to accomodate every budget. As of July, 2026 the median home price in Ashtabula is $169,900, while the average sale price is $174,427, offering insights into the local housing market. On average, multi-family homes spend 45 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Ashtabula, OH.

Ashtabula Multi-family Homes By Price

Ashtabula Multi-family Homes for Sale under $200,000

Ashtabula Types of Homes for Sale

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Ashtabula Homes for Sale by Style

Multi-family Homes for Sale in Nearby Counties

Ashtabula County Multi-family Homes for Sale

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