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Three-Unit Residential Property
New
For Sale
$225,000

176 Stage Avenue, Painesville, OH 44077

MULTI_FAMILY - Painesville, OH

Property Size3,280 SF
Lot Size0.30 Acres
Price / SF$68.60
Days on Market1

Property Features for 176 Stage Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 4, Bathroom 4, Bedroom 5, Bedroom 1, Bedroom 3, Laundry Room, Bathroom 3, Bathroom 2, Basement
Pool private 1
Appliances Range, Refrigerator
Elementary school district Painesville City LSD - 4305
Middle school district Painesville City LSD - 4305
High school district Painesville City LSD - 4305
Directions Richmond Street (OH-283) to Stage Avenue
Standard status Active
APN 15-C-023-0-00-006-0
Size 3,280 SF
Lot size 0.30 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 3 TRACT 11
Tax Annual Amount 2868
Legal Description LOT 3 TRACT 11

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Other (Heating), Steam, Hot Water(Heating)
Cooling system Window Unit(s)
Water source Public

Amenities

laundry hookups

Building Details

Year built 1930
Floors in Building 2
Building materials AluminumSiding, VinylSiding
Roof type Asphalt, Fiberglass
Listing Agency: McDowell Homes Real Estate Services
Listed By: Antoinette Noday-Krager · License #2021002027
Added: Aug 5 Last Checked: Aug 5 at 4:06PM
MLS# 5233610

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

Investment Insights

Based on property information with market context.

This 3,280-square-foot multifamily property, built in 1930, contains three residential units on a 0.298-acre parcel. The configuration includes a duplex with two 2-bedroom, 1-bath units and a detached single-family home with 2 bedrooms and 1.5 baths. Basement laundry hookups serve the duplex, while the detached home also has basement laundry hookups. Each unit has separate utility meters, and the property includes range and refrigerator appliances owned by the seller. Heating is provided through hot water, steam, and natural gas systems, with window-unit cooling. Public water and public sewer serve the property.

All three units are occupied under month-to-month rental agreements. Residents cover utilities at the detached home, while the owner pays water, sewer, other utilities, and trash removal for the duplex units. The property is located in Painesville, Ohio, and showings require 24-hour notice with resident access arranged for scheduled appointments.

Key Highlights

  • Three residential units on one 0.298‑acre parcel
  • 3,280 square feet across a duplex and detached single‑family home
  • Duplex includes two 2‑bedroom, 1‑bath units

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Spa & Massage Center Nail Salon HVAC Service

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

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

288
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Duplex and detached home combine separate utility metering with flexible month-to-month rental arrangements.
Where is this triplex located?
The property is located at 176 Stage Avenue Painesville, OH.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Three residential units on one 0.298‑acre parcel; 3,280 square feet across a duplex and detached single‑family home; Duplex includes two 2‑bedroom, 1‑bath units
More about this property
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