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6-Unit Apartment Building with Carriage House
For Sale
$595,000

190 Mentor Avenue, Painesville, OH 44077

CommercialSale, Painesville, OH

Property SizeContact for details
Lot Size0.80 Acres
Days on Market399

Property Features for 190 Mentor Avenue

General Information

Property type Commercial Sale
Property subtype Apartment
Parking features Garage, Assigned, Open
Subdivision Oliver A Crarys Sub
Elementary school district Painesville City LSD - 4305
Middle school district Painesville City LSD - 4305
High school district Painesville City LSD - 4305
Directions Corner of Mentor Avenue and Jefferson Street.
Standard status Active
APN 15-D-001-0-00-078-0
Lot size 0.80 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PAINESVILLE LOT TRACT 3 S/L 1 & PART OFS/L 3
Tax Annual Amount 8964
Legal Description PAINESVILLE LOT TRACT 3 S/L 1 & PART OFS/L 3

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Ceiling Fan(s)
Water source Public

Amenities

basement storage

Building Details

Year built 1901
Roof type Asphalt, Fiberglass
Listing Agency: Falvey Realty
Listed By: Kathleen M Cotter · License #148710
Added: Jul 29, 2025 Changed: Aug 20 Last Checked: Aug 31 at 1:06PM
MLS# 5143813

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.

Built in 1901, this all-brick apartment property contains six residences configured as three two-bedroom units and three one-bedroom units. Apartments feature tall ceilings, generous layouts, interior access to basement storage, and individual garages with openers and electricity. Windows were replaced in 2010, and each unit received a new furnace in 2014. Utilities are separately metered, while the owner handles trash removal.

A detached carriage house adds a 40-foot by 30-foot, two-story structure with an 8-foot 4-inch sliding door and an attached 18-foot by 24-foot garage. The property sits on 0.798 acres at 190 Mentor Avenue in Painesville, with a bus stop in front, public water and sewer, and walking access to Lake Erie College. Freeway access supports regional commuting.

Key Highlights

  • 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

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick multifamily property with separate utility metering and a private garage for every apartment.
Where is this apartment building located?
The property is located at 190 Mentor Avenue 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 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
More about this property
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