Historic 8-Unit Apartment
For Sale
Contact for pricing
157 Mentor Ave, Painesville, OH 44077
Fully renovated apartments combine preserved architectural details with modern kitchens, high ceilings, and in-unit laundry.
Property Size7,500 SF
Days on Market143
Property Features for 157 Mentor Ave
General Information
Standard status
Active
Size
7,500 SF
Property subtype
Multifamily
Units
Multifamily Units
8
Parking per Unit
1
Amenities
high ceilings
modern kitchens
massive windows
in-unit washer/dryer
efficient floorplans
detailed soffits
circle head windows
chandelier molding
preserved original stairway banister
Building Details
Year Built
1910
Year Renovated
2011
Stories
2
Listing Agency:
Cushman & Wakefield | CRESCO Real Estate
Listed By:
Alex Smith · License #OH.2018003013
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 2:06PM
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 Cushman & Wakefield | CRESCO Real Estate
Investment Insights
Based on property information with market context.
Originally built in 1910, this two-story apartment building contains 8 units across 7,500 SF. A full gut renovation completed in 2011 updated the plumbing, electrical, gas lines, windows, hardwood floors, and HVAC units while retaining original architectural elements. Each apartment includes a modern kitchen, in-unit washer and dryer, high ceilings, large windows, and an efficient floor plan. Private parking is provided for every unit.
The property is located at 157 Mentor Avenue in Painesville’s downtown district. Preserved features include detailed soffits, circle-head windows, chandelier molding, and the original stairway banister. Occupancy has remained at 90%+ since the renovation, providing an established operating history for the multifamily asset.
The property is located at 157 Mentor Avenue in Painesville’s downtown district. Preserved features include detailed soffits, circle-head windows, chandelier molding, and the original stairway banister. Occupancy has remained at 90%+ since the renovation, providing an established operating history for the multifamily asset.
Key Highlights
- 8‑unit apartment building with 7,500 SF across 2 stories
- Originally constructed in 1910; full gut renovation completed in 2011
- Private parking provided for every unit
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
938
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Fully renovated apartments combine preserved architectural details with modern kitchens, high ceilings, and in-unit laundry.
Where is this apartment building located?
The property is located at 157 Mentor Ave Painesville, OH.
What are key features of this property?
This property features: 8‑unit apartment building with 7,500 SF across 2 stories; Originally constructed in 1910; full gut renovation completed in 2011; Private parking provided for every unit
