133 W Jackson Street, Painesville, OH 44077 (MLS # 5240320)

Photo for 133 W Jackson Street, Painesville, OH 44077 (MLS # 5240320)

Price	$130,000
Status	Active
Beds	2
Baths	2 Baths
Home size	1,125 sqft
Lot Size	8,800 sqft
Days on Market	4

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.

Tiny photo for 133 W Jackson Street, Painesville, OH 44077 (MLS # 5240320)

Property Type(s): Multi Family

Last Updated	8/27/2026	Tract	Oliver A Crarys Sub
Year Built	1910	County	Lake

Additional Details

AIR	None
BASEMENT	Unfinished, Yes
CONSTRUCTION	Aluminum Siding
HEAT	Forced Air
LOT	8799 sq ft
PARKING	Off Street, Outside
SEWER	Public Sewer
STORIES	Two, One
SUBDIVISION	Oliver A Crarys Sub
TAXES	1455
WATER	Public

Location

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Listing provided by: Gal Fox | 216-644-9851, Galileo Realty LLC, 216-644-9851, gal@galileo-realty.com

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Data Last Updated: 8/31/26 1:08 AM PDT

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