$582,000/mo

5425 Adams Avenue, Ashtabula, OH 44004

Rent shown is base rent as provided by the property owner or manager. Additional mandatory fees, deposits, or utilities may apply and are set by the property owner or manager.
  • Property Icon Rental
  • Property Year Built Icon Built in 1902
  • Property Lot Size Icon0.65acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 24 days ago

Property Description

This portfolio offers 5 single family homes within close proximity to one another in Ashtabula, Ohio. Two homes are currently vacant with one listed for sale individually and the other vacancy under renovation. Either could be easily rented, as rentals are in high demand in this market. (reno will be complete prior to sale). Three of the five homes have stable tenants in place providing consistent rental income. Conservative Gross monthly potential rents are $5,550 total. Each home has been nicely maintained and has had major improvements completed within the last couple of years. These are currently owner-managed properties. Leases are in place. Records have been nicely kept. Homes are all in compliance with Ashtabula City rental policy or Section 8 inspections. Offered at a per home price of $116,400 each, these are nicely below the average home price for the area of approx. $150K. See pricing breakdown of each home in the Offering Memorandum. Will sell individual or as a package.

Listing Status:
Active
Data Last Updated:
February 16, 2026 at 3:19PM
Listing Office:
Platinum Real Estate : 888-974-7253
Listing Agent:
Shawni L Marich : 440-812-9493
MLS ID:
5183560
  • Basement: FullUnfinished
  • Heating: Forced AirGas
  • Parking: DrivewayPrivate
  • Roofing: AsphaltFiberglass
  • General: 2
  • Originating MLS: NOWDD_NORM
  • School District: Ashtabula Area CSD - 401
  • County: Ashtabula
  • Zoning: 28 TYLER051170006500
  • Current Use: Single Family
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of Shawni L Marich , Platinum Real Estate

Location

Schools Nearby

O

Ontario Primary School

2302 Wade Ave, Ashtabula, OH, 44004

Grades KG-3

1.51 miles away

L

Lakeside Junior High School

6620 Sanborn Rd, Ashtabula, OH, 44004

Grades 7-8

2.03 miles away

L

Lakeside High School

6600 Sanborn Rd, Ashtabula, OH, 44004

Grades 9-12

1.88 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.