133 W Jackson Street, Painesville, OH 44077
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: gal fox
Office: galileo realty llc.
MLS#:5240320
Source:OH_NORMLS
Price summary
- Price:$127,800
- Price per sq. ft.:$113.6
About this home
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 $128,800 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.
The real opportunity is the package. Advantage will be given to an investor buying both 139 and 133-135 W Jackson, the adjacent parcel (MLS #5253696), as a complete cash flowing investment package generating $1,642 + $1,475 = $3,117.00 monthly! That is two neighboring parcels and three rental units, run as one investment. The seller prefers to sell both together....
Contact an agent
Home facts
- Year built:1910
- Subdivision & Development:Oliver A Crarys Sub
- Listing ID #:5240320
- Added:70 day(s) ago
- Updated:November 06, 2026 at 03:34 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:8
- Basement:Yes
- Basement Description:Unfinished
- Living area:1,125 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Flat
- Year built:1910
- Building area:1,125 sq. ft.
- Lot area:0.2 Acres
- Construction Materials:Aluminium Siding
- Levels:1 Story, 2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$127,800
- Price per sq. ft.:$113.6
- Tax amount:$1,455 (2025)
Parking
- Parking description:Outside Parking
New listings near 133 W Jackson Street
- Open Sun, 2 to 3pmNew
$275,000Active4 beds 2 baths1,928 sq. ft.893 Mentor Avenue, Painesville, OH 44077
MLS# 5254958Listed by: HOMESMART REAL ESTATE MOMENTUM LLC - New
$259,000Active3 beds 1 baths2,106 sq. ft.135 Hale Road, Painesville, OH 44077
MLS# 5258607Listed by: MCDOWELL HOMES REAL ESTATE SERVICES - New
$329,900Active3 beds 3 baths1,800 sq. ft.1949 Spruce Lane, Painesville Twp, OH 44077
MLS# 5256911Listed by: HOMESMART REAL ESTATE MOMENTUM LLC - New
$104,999Active4 beds 2 baths2,237 sq. ft.90 Overlook Road, Painesville, OH 44077
MLS# 5257655Listed by: BERKSHIRE HATHAWAY HOMESERVICES STOUFFER REALTY - New
$150,000Active3 beds 2 baths1,188 sq. ft.1651 Mentor Avenue, Painesville, OH 44077
MLS# 5257456Listed by: EXP REALTY, LLC. - New
$345,000Active3 beds 2 baths2,182 sq. ft.73 E South Street, Painesville, OH 44077
MLS# 5254531Listed by: KELLER WILLIAMS GREATER CLEVELAND NORTHEAST - New
$174,900Active2 beds 1 baths1205 Elm Street, Painesville, OH 44077
MLS# 5257256Listed by: GLASSHOUSE REALTY GROUP, LLC 
$249,900Pending3 beds 2 baths1,640 sq. ft.7680 Jennings Drive, Painesville, OH 44077
MLS# 5256162Listed by: KELLER WILLIAMS GREATER METROPOLITAN- Open Sat, 12:30 to 2pm
$379,900Activeundercontract4 beds 3 baths3,004 sq. ft.1360 Cedar Creek Court, Painesville, OH 44077
MLS# 5257104Listed by: MCDOWELL HOMES REAL ESTATE SERVICES - New
$519,900Active4 beds 3 baths2,898 sq. ft.7454 Jumpers Crossing Lane, Painesville, OH 44077
MLS# 5247061Listed by: SOGO HOMES LLC
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
© 2026 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.