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6-Unit Brick Apartment Building
For Sale
$595,000

190 Mentor Ave, Painesville, OH 44077

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

Property SizeContact for details
Days on Market43

Property Features for 190 Mentor Ave

General Information

Standard status Active

Site & Location

Highway Access Yes
Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 3 x 2BR, 3 x 1BR
Multifamily Units 6

Building Details

Year Built 1901
Buildings 2
Construction brick
Listing Agency: Falvey Realty
Listed By: Kathleen M Cotter · License #148710
Source: Theacclaimedrealty
Added: Jul 20 Changed: Aug 28 Last Checked: Aug 30 at 8:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Falvey Realty

Investment Insights

Based on property information with market context.

This 1901 brick apartment property contains six units arranged as three two-bedroom residences and three one-bedroom residences. Each apartment includes a private garage with an opener and electrical service, plus an additional paved parking space. Interior storage is provided in the basement, with access from inside the building. Utility service is separately metered for each unit, while the owner handles trash removal.

A detached carriage house adds a 40' x 30' two-story structure with an 8' 4" sliding door and an attached 18' x 24' garage equipped with an opener. The property has a bus stop at the front, is within walking distance of Lake Erie College, and provides freeway access for commuters. Window replacements were completed in 2010, and each unit received a new furnace in 2014.

Key Highlights

  • Six‑unit layout with three two‑bedroom apartments and three one‑bedroom apartments
  • 1901 brick building with windows replaced in 2010
  • New furnaces installed for each unit in 2014

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Dental Office Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

938
Businesses Nearby

Demographics for 44077, OH

58,253
Population
24,928
Households
2.3
Avg Household Size
42
Median Age
29%
College-Educated
91%
High-School Grad
60.5 sq mi
ZIP Area
963
Density / Sq Mi
$80,692
Median Household Income
$45,315
Median Earnings
$972
Median Rent
$217,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six apartments offer separate utility metering, private garages, basement storage, and convenient transit access.
Where is this apartment building located?
The property is located at 190 Mentor Ave Painesville, OH.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Six‑unit layout with three two‑bedroom apartments and three one‑bedroom apartments; 1901 brick building with windows replaced in 2010; New furnaces installed for each unit in 2014
More about this property
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