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414 Independence Street, 
Fairport Harbor, OH 44077

$255,000


4

Beds


2

Baths


1,632

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Breanna L Tomajko

Platinum Real Estate

888-974-7253

Last updated:

October 30, 2026, 01:45 AM

MLS#

5256681

Source:

OH NORMLS

About This Home

414 Independence Street

Investment Opportunity in Fairport Harbor's Charming Beach Community – Income Producing Duplex with Future Expansion Potential! Welcome to 414 Independence Street, an incredible opportunity to own a cash-flowing investment property in the heart of Fairport Harbor! Located in a desirable Lake Erie beach community, this well-maintained duplex offers immediate rental income with exciting potential for future growth.Currently generating $2,300 per month in gross rental income ($27,600 annually), this property features two occupied, spacious 2-bedroom, 1-bath units, each offering comfortable living spaces and access to basement laundry facilities. With a total of 4 bedrooms, 2 bathrooms, and 1,632 square feet of living space, this property is an attractive addition to any investment portfolio. But the real opportunity doesn't stop at two units! The unfinished third floor offers exciting possibilities for conversion into a potential third rental unit, creating an opportunity to transform this duplex into a triplex and increase its income-producing potential, subject to local zoning, permits, and necessary approvals. Additional highlights include a durable metal roof, detached 2-car garage, off-street parking, and basement storage. Situated in Fairport Harbor's charming lakeside community, residents can enjoy convenient access to Lake Erie beaches, local restaurants, shops, parks, and the relaxed coastal atmosphere that makes this neighborhood so special. Whether you're an experienced investor looking to expand your portfolio or a buyer interested in living in one unit while collecting rent from the other, 414 Independence Street offers immediate income, an appealing location, and room to grow! Don't miss your chance to invest in one of Lake County's charming beach communities. Schedule your showing today and explore the possibilities!

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 1929

Price Summary

255,000

$156 per Sq. Ft.

MLS #:

5256681

Last Updated:

October 30, 2026, 01:45 AM

Added:

2 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,632 Sq. Ft.


Structure

Structure

Building Area:

1,632 Sq. Ft.

Year Built:

1929


Lot

Lot Size (Sq. Ft):

3,049


Finances & Disclosures

Finances

Price:

$255,000

Price per Sq. Ft:

$156 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.