Painesville, OH Apartment buildings for sale

Updated: Jul 13

13-Unit Apartment Building

166-188 Mentor Avenue, Painesville, OH 44077

$1,534,000

0.57 AC lot

13‑unit multifamily property at 166‑188 Mentor Avenue
Approximately 0.57 acres of land
Built in 1984
Fenced property with public water and public sewer
Electric and natural gas heating

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Updated: Jul 29, 2025

6-Unit Apartment Building with Carriage House

190 Mentor Avenue, Painesville, OH 44077

$595,000

0.80 AC lot

Six apartments: three two‑bedroom units and three one‑bedroom units
40' x 30' two‑story carriage house with an 8' 4" sliding door
Attached 18' x 24' garage with opener at the carriage house
Each apartment includes a garage with opener and electricity
Windows replaced in 2010; furnaces replaced in 2014

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Two-Building Mixed-Use Property

17 E Erie Street, Painesville, OH 44077

$499,900

0.52 acres 2 buildings Built 1905

B-2

B-2 zoning applies to the two-parcel assemblage.

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6-Unit Brick Apartment Building

190 Mentor Ave, Painesville, OH 44077

$595,000

6 units 2 buildings Built 1901 brick

Highway access Transit access

Six apartments offer separate utility metering, private garages, basement storage, and convenient transit access.

Utilities to site 3 x 2BR 3 x 1BR

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13-Unit Apartment Building

166-188 Mentor Avenue, Painesville, OH 44077

$1,534,000

13 units Built 1984

$147,000 gross income Highway access

Residents have access to downtown Painesville, Lake Erie, Mentor retail, and regional routes.

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40-Unit Apartment Building

100 Normandy Drive, Painesville, OH 44077

Contact for pricing

40 units

Courtyard Village is situated in Painesville Township, Ohio, at a named residential address.

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Seven-Unit Apartment Building

205 Mentor Ave, Painesville, OH 44077

Contact for pricing

7 units 1 building Multi-tenant

100% occupied Road access

All seven units are leased in a seven-unit apartment building with expansion potential including a third-floor addition.

6 x 1BR 1 x 2BR

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7 active listings match your search: Apartment Building for sale in Painesville, OH. Based on your search, we've also compiled 7 Potential Opportunities for your consideration: 4 properties in nearby cities and 3 off-market properties to explore as potential leads.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Six-Unit Apartment Buildings

2824 Haines Road, Madison, OH 44057

$549,990

6 units 7,297 sqft 2 buildings Built 1910 1.8 acres

100% occupied

Two-building multifamily property with fully occupied units, tenant utility inclusion, and varied apartment layouts.

Utilities to site 3BR/1BA 2BR/1BA 1BR/1BA studio In-suite laundry

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Six-Unit Apartment Buildings

2824 Haines Road, Madison, OH 44057

$549,990

6 units 7,297 sqft 2 buildings Built 1910 1.8 acres Multi-tenant

100% occupied

Two-building multifamily property with fully occupied units, varied layouts, and some in-suite laundry.

Utilities to site 2 x 3BR/1BA 2 x 2BR/1BA 1 x 1BR/1BA 1 x studio

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Mixed-Use Property with Bar Space

4196 Main Street, Perry, OH 44081

$300,000

0.3 acres 1 building Built 1925

Ground-floor retail space accompanies six apartments in a mixed-use property.

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Mixed-Use Property with Retail Space

4196 Main Street, Perry, OH 44081

$300,000

1 building Built 1925 Multi-tenant

Six apartments complement a ground-floor commercial space equipped for bar use.

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Off-Market Properties in Painesville, OH

Consider similar Off-Market properties in Painesville, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

APARTMENT HOUSE (UNDER 5 UNITS)

445 Erie St, Painesville, OH 44077-3915

Estimated value:

$490,000

4,572 sqft 0.50 AC lot

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APARTMENT HOUSE (UNDER 5 UNITS)

33 Kensington Ave, Painesville, OH 44077-3665

Estimated value:

$295,000

7,704 sqft 0.90 AC lot

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Residential income properties

39 Nelson St, Painesville, OH 44077

Estimated value: by Request

0.22 AC lot

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Painesville, OH Apartment Buildings Market Trends and Statistics

Explore 10 apartment buildings for sale in Painesville, OH, showcased through 7 active listings on our real estate platform.

Sale prices for apartment complexes in Painesville, OH start at $499,900, averaging $951,580, and reaching up to $1,534,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
44077	$951.6K

Neighborhood

Average Price

44077

$951.6K