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    Painesville, OH Multifamily Properties for Sale

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    Concord Twp, OH Grand River, OH Fairport Harbor, OH
    Painesville Investment Property with Income Potential
    $334,900
    4,628 SF

    Painesville Investment Property with Income Potential

    134 Pearl Street, Painesville, OH 44077

    Cash-flowing 4-unit property with owner-occupancy option and convenient location.

    • Cash flowing 4‑unit investment property with potential to generate approximately $4,000/month in rental income.
    • Flexibility of owner‑occupancy with one vacant unit currently available.
    • Convenient location near major routes, Lake Erie College, schools, shopping, and restaurants.
    • Recent updates including Rhino Shield coating on all exterior siding (2024).
    • Mix of unit sizes: one 3‑bed/1‑bath, two 2‑bed/1‑bath, and one 1‑bed/1‑bath.
    Updated: May 21
    View details
    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.

    Geneva Multifamily Property with Updates
    $155,000
    688 SF

    Geneva Multifamily Property with Updates

    Two homes on one lot, recently remodeled, great investment potential.

    161 West Street, Geneva, OH 44041
    View details
    Fully Leased Duplex Investment
    $164,900
    0.38 Acres

    Fully Leased Duplex Investment

    Reliable income producer with month-to-month leases in place.

    254 S Eagle Street, Geneva, OH 44041
    View details
    Charming Historic Mentor Duplex
    $399,999
    0.44 Acres

    Charming Historic Mentor Duplex

    Well-maintained duplex with potential for triplex conversion in Mentor, OH.

    7224 Burridge Avenue, Mentor, OH 44060
    View details
    Spacious Condo in Deepwood Estates
    $177,000
    0.32 Acres

    Spacious Condo in Deepwood Estates

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

    8300 Deepwood Boulevard, Mentor, OH 44060
    View details

    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
    $765,000
    5.66 Acres

    Eastlake Marina District Land

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

    35783 Lake Shore Boulevard, Eastlake, OH 44095
    View details
    Residential Lot in Vernon Township
    $37,500
    0.63 Acres

    Residential Lot in Vernon Township

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

    10312 PERRY Highway, Meadville, PA 16335
    View details
    Wintersville Land For New Development
    $98,000
    3.92 Acres

    Wintersville Land For New Development

    Nearly 4 acres ideal for housing or commercial development.

    601 County Road 34, Wintersville, OH 43953
    View details
    Cleared Land with Development Potential
    $125,900
    22.00 Acres

    Cleared Land with Development Potential

    22-acre cleared land near Lake Erie with utilities.

    Fredonia, NY 14063
    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
    Lot: 3.01 Acres
    Value Estimation by Request

    23 Mantle Rd Ext, Painesville, OH 44077-4484

    View details
    1340 Mentor Ave
    MOBILE HOME PARK, TRAILER PARK
    1,024 SF Lot: 0.31 Acres
    Value Estimation by Request

    1340 Mentor Ave, Painesville, OH 44077-1835

    View details
    1346 Mentor Ave
    MOBILE HOME PARK, TRAILER PARK
    1,024 SF Lot: 3.86 Acres
    Value Estimation by Request

    1346 Mentor Ave, Painesville, OH 44077-1819

    View details
    445 Erie St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,572 SF Lot: 0.50 Acres
    Value Estimation by Request

    445 Erie St, Painesville, OH 44077-3915

    View details
    1740 Mentor Ave
    MOBILE HOME PARK, TRAILER PARK
    744 SF Lot: 4.64 Acres
    Value Estimation by Request

    1740 Mentor Ave, Painesville, OH 44077-1402

    View details
    Mentor Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.36 Acres
    Value Estimation by Request

    Mentor Ave, Painesville, OH 44077

    View details
    33 Kensington Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    7,704 SF Lot: 0.90 Acres
    Estimated value
    $790,000

    33 Kensington Ave, Painesville, OH 44077-3665

    View details
    39 Nelson St
    Residential income properties
    Lot: 0.22 Acres
    Value Estimation by Request

    39 Nelson St, Painesville, OH 44077

    View details
    Mentor Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.01 Acres
    Value Estimation by Request

    Mentor Ave, Painesville, OH 44077

    View details
    Mentor Ave
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.20 Acres
    Value Estimation by Request

    Mentor Ave, Painesville, OH 44077

    View details
    1725 Blase Nemeth Rd
    MOBILE HOME PARK, TRAILER PARK
    3,060 SF Lot: 40.80 Acres
    Value Estimation by Request

    1725 Blase Nemeth Rd, Painesville, OH 44077-4897

    View details

    Painesville, OH Multifamily Properties Investment Opportunities Market Analysis

    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

    Quadplexes 1

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    44077 $334.9K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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