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    823 Richards Ave Ashtabula, OH 44004

    Pending
    For Sale
    $44,900

    MULTI_FAMILY - Ashtabula, OH

    Lot size:
    0.17 Acres
    Days on Market:
    26
    Last Refresh:
    Dec 13 at 5:06 pm

    Property Features for 823 Richards Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Window features
    Screens, Aluminum Frames
    Rooms
    Basement, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 5
    Bedrooms
    5
    Bathrooms
    2
    APN
    055130017200
    Parking features
    Driveway
    Lot size
    0.17 Acres

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Building materials
    VinylSiding
    Roof type
    Asbestos Shingle

    Northeast Ohio Realty LLC (440) 449-9100 [email protected]

    Listing agent Karen Hurst (440) 206-6002 License #362008

    Listing date Nov 18, 2025

    MLS# 5158408 Listing URL

    Copyright © 2025 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.

    Overview

    Ashtabula Duplex: Investor Opportunity

    This duplex in Ashtabula, Ohio, presents a blank canvas for investors. The property features an upstairs apartment with an attic offering potential for expansion and more living space. Much of the initial work has been completed, with some drywall installed and ready for trim and paint. A new electrical panel and exterior doors were installed in 2025, and fresh crushed asphalt was added to the drive in 2025. The duplex includes large rooms suitable for rental income. Alternatively, one unit could be owner-occupied while renting out the other. The property has vinyl siding and newer tilt-in windows. Some of the floors are hardwood, offering the opportunity to restore them. The 0.17-acre lot is located near Lake Shore Park and close to 5th Street and the marinas, making it a potential location for a bed and breakfast to serve boaters and fishermen. It is also close to Route 11.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ashtabula
    County
    Ashtabula
    State
    Ohio
    Longitude
    -80.787723
    Latitude
    41.898281

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    FAQs

    What type of property is this?
    Duplex - Duplex with potential for rental income or B&B conversion.
    Where is this duplex located?
    The property is located at 823 Richards Ave Ashtabula, OH.
    What is the asking price?
    The asking price for this property is $44,900.
    What are key features of this property?
    This property features: - Duplex with income potential: Ideal for investors or owner-occupants seeking rental income.; - Prime location: Close to Lake Shore Park, marinas, 5th Street, and Route 11, suitable for a B&B.; - Recent upgrades: Includes a new electrical panel, new exterior doors, and fresh crushed asphalt driveway (all in 2025).
    (440) 206-6002
    Request Owner's contact information
    823 Richards Ave Ashtabula, OH 44004
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    823 Richards Ave Ashtabula, OH 44004
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