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    Painesville, OH Multifamily Properties for Sale

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    Concord, OH Concord Twp, OH Grand River, OH Fairport Harbor, OH Mentor, OH Hillsboro, OH Perry, OH Thompson, OH
    Four-Unit Residential Income Property
    Updated: Jul 6
    Four-Unit Residential Income Property

    134 Pearl Street, Painesville, OH 44077

    $334,900
    4,628 sqft 0.16 AC lot
    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
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 1 Active listings in Painesville, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Duplex with Enclosed Porch
    Duplex with Enclosed Porch

    403 New Street, Fairport Harbor, OH 44077

    $209,900
    1,512 sqft 0.20 AC lot

    Two separate units with updated lower-level bathroom fixtures and enclosed porch features offer flexible rental or owner-occupant living.

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    Triplex with Detached Three-Car Garage
    Triplex with Detached Three-Car Garage

    423 7th Street, Fairport Harbor, OH 44077

    $199,000
    1,908 sqft 0.12 AC lot

    Income-producing triplex with dedicated garage parking, in-unit laundry hookups, and recent updates to two lower units.

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    Side-by-Side Duplex Income Property
    Side-by-Side Duplex Income Property

    7224 Burridge Avenue, Mentor, OH 44060

    $379,999
    0.44 AC lot

    Well-maintained side-by-side duplex with two upstairs bedroom sets, renovated bath, dry basement, and a garage on-site.

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    Spacious Condo in Deepwood Estates
    Spacious Condo in Deepwood Estates

    8300 Deepwood Boulevard, Mentor, OH 44060

    $177,000
    0.32 AC lot

    Move-in ready, three-bedroom condo with updated features and amenities.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Eastlake Marina District Land
    Eastlake Marina District Land

    35783 Lake Shore Boulevard, Eastlake, OH 44095

    $765,000
    5.66 AC lot

    5.66 acres in Eastlake's Marina District, primed for development.

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    Residential Lot in Vernon Township
    Residential Lot in Vernon Township

    10312 PERRY Highway, Meadville, PA 16335

    $34,900
    0.63 AC lot

    0.63 acre residential lot with utilities in Vernon Township, PA.

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    Cleared Land with Development Potential
    Cleared Land with Development Potential

    Fredonia, NY 14063

    $125,900
    22.00 AC lot

    22-acre cleared land near Lake Erie with utilities.

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    Residential Land in Mount Gilead
    Residential Land in Mount Gilead

    7326 State Route 19, Mount Gilead, OH 43338

    Contact for pricing
    0.40 AC lot

    Land available in Mount Gilead with lake amenities.

    View details

    Off-Market Properties in Painesville, OH

    Consider similar Off-Market properties in Painesville, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    23 Mantle Rd Ext
    MOBILE HOME PARK, TRAILER PARK

    23 Mantle Rd Ext, Painesville, OH 44077-4484

    Value Estimation by Request
    3.01 AC lot
    View details
    1340 Mentor Ave
    MOBILE HOME PARK, TRAILER PARK

    1340 Mentor Ave, Painesville, OH 44077-1835

    Value Estimation by Request
    1,024 sqft 0.31 AC lot
    View details
    1346 Mentor Ave
    MOBILE HOME PARK, TRAILER PARK

    1346 Mentor Ave, Painesville, OH 44077-1819

    Value Estimation by Request
    1,024 sqft 3.86 AC lot
    View details
    445 Erie St
    APARTMENT HOUSE (UNDER 5 UNITS)

    445 Erie St, Painesville, OH 44077-3915

    Value Estimation by Request
    4,572 sqft 0.50 AC lot
    View details
    1740 Mentor Ave
    MOBILE HOME PARK, TRAILER PARK

    1740 Mentor Ave, Painesville, OH 44077-1402

    Value Estimation by Request
    744 sqft 4.64 AC lot
    View details
    Mentor Ave
    MOBILE HOME PARK, TRAILER PARK

    Mentor Ave, Painesville, OH 44077

    Value Estimation by Request
    0.36 AC lot
    View details
    33 Kensington Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    33 Kensington Ave, Painesville, OH 44077-3665

    $790,000
    Estimated value
    7,704 sqft 0.90 AC lot
    View details
    39 Nelson St
    Residential income properties

    39 Nelson St, Painesville, OH 44077

    Value Estimation by Request
    0.22 AC lot
    View details
    Mentor Ave
    MOBILE HOME PARK, TRAILER PARK

    Mentor Ave, Painesville, OH 44077

    Value Estimation by Request
    0.01 AC lot
    View details
    Mentor Ave
    MOBILE HOME PARK, TRAILER PARK

    Mentor Ave, Painesville, OH 44077

    Value Estimation by Request
    0.20 AC lot
    View details
    1725 Blase Nemeth Rd
    MOBILE HOME PARK, TRAILER PARK

    1725 Blase Nemeth Rd, Painesville, OH 44077-4897

    Value Estimation by Request
    3,060 sqft 40.80 AC lot
    View details

    Painesville, OH Multifamily Properties Market Trends and Statistics

    Explore 12 multifamily properties for sale in Painesville, OH on our real estate platform. These investment opportunities span a total of 4,628 square feet of properties for sale, with an estimated market value of $334,900.

    Sale prices for multifamily properties in Painesville, OH start at $334,900, averaging $334,900, and reaching up to $334,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Quadplexes 1

    Demographics Overview

    Population 58K
    Population Growth (5Y) +2.8%
    Median Household Income $80,692
    College Educated 40.0%

    High-Yield Neighborhoods for Investment

    Identify Painesville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    44077 $334.9K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Painesville fall within the 100,000+ square foot range.

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