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    Four-Unit Residential Income Property Title is generated by Realmo AI

    134 Pearl Street, Painesville, OH 44077

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    For Sale
    $334,900

    Other - Painesville, OH

    Type:Quadruplex
    Property size:
    4,628 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $72/SF
    Added:
    Jun 2, 2026
    Days on Market:
    36
    Last Refresh:
    Jul 7 at 4:06 am

    Property Features for 134 Pearl Street

    General Information

    Property type
    Other
    Property subtype
    Quadruplex
    Bedrooms
    9
    Bathrooms
    4
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Parking features
    Driveway, Garage
    Appliances
    Range, Refrigerator
    Standard status
    Active
    APN
    15-B-005-0-00-062-0
    Size
    4,628 SF
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Multi Units, Wall Unit(s)

    Building Details

    Year built
    1910
    Floors in Building
    2
    Roof type
    Asphalt, Fiberglass
    Architectural style
    Other

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    Contact an agent
    Adam T Zimmerman

    Listing agent Adam T Zimmerman

    Listing office Engel & Völkers Cleveland 30659 Pinetree Road, Pepper Pike, OH

    Listing date Jun 2, 2026

    MLS# 5211515 Listing URL

    Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Cash‑flowing 4‑unit investment property with all units currently occupied and $4,000/month rental income
    • Unit mix: one 3 bed/1 bath, two 2 bed/1 bath, and one 1 bed/1 bath
    • Year built 1910 with forced‑air natural gas heating
    • Recent updates include replaced some windows (2024), Rhino Shield exterior siding coating (2024), and multiple unit upgrades through 2026
    • Roof: asphalt/fiberglass
    • Appliances include range and refrigerator; parking features include driveway and garage

    Overview

    This four-unit residential income property is configured with one 3-bedroom/1-bath unit, two 2-bedroom/1-bath units, and one 1-bedroom/1-bath unit. The building is operating with all units currently occupied, supporting an income-producing investment profile. Recent improvements include replaced some windows in 2024, a new refrigerator in 2025 for Unit 134, updated electric fixtures in Units 134 and 136 in 2026, a bathtub replacement in Unit 134 in 2026, and Rhino Shield coating applied to all exterior siding in 2024.

    Located in Painesville, the property offers convenience to major routes including OH-2, OH-44, and US-20, as well as Lake Erie College, schools, shopping, and restaurants. Its proximity to local attractions supports a practical tenant base for a multi-family investment in the area.

    For investors seeking a cash-flowing small multifamily asset, the current occupancy and documented upgrades make this building an appealing fit. The mix of unit sizes provides flexibility for tenant demand across bedrooms, while the recent exterior siding treatment and targeted in-unit updates may help support ongoing maintenance and tenant retention.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Skin Care Clinic Food Market Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Spa & Massage Center Nail Salon Travel Agency Tech Support Center Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Painesville
    County
    Lake
    State
    Ohio
    Longitude
    -81.23877
    Latitude
    41.720528

    FAQs

    What type of property is this?
    Quadplex - Fully occupied four-unit building with recent exterior and unit updates, positioned for steady rental income.
    Where is this quadplex located?
    The property is located at 134 Pearl Street Painesville, OH.
    What is the asking price?
    The asking price for this property is $334,900.
    What are key features of this property?
    This property features: Cash‑flowing 4‑unit investment property with all units currently occupied and $4,000/month rental income; Unit mix: one 3 bed/1 bath, two 2 bed/1 bath, and one 1 bed/1 bath; Year built 1910 with forced‑air natural gas heating
    More about this property
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