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    Painesville, OH Residential Income Properties for Sale

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    Concord Twp, OH Concord, OH Grand River, OH
    Four-Unit Residential Income Property
    $334,900
    4,628 SF
    Four-Unit Residential Income Property

    134 Pearl Street, Painesville, OH 44077

    Fully occupied four-unit building with recent exterior and unit updates, positioned for steady rental income.
    • 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
    Updated: Jun 2
    View details
    Historic Mixed-Use Building in Painesville
    $149,000
    4,308 SF
    Historic Mixed-Use Building in Painesville

    367 North State, Painesville, OH 44077

    Historic mixed-use building in downtown Painesville, Ohio, ready for renovation.
    • Prime Location in Painesville's retail district, offering high visibility.
    • Unique 1890 Historic Building with restoration potential.
    • Existing Infrastructure: All utilities present, with a kitchen hood already installed.
    • Development Ready: Interior demolition permit acquired, estimates for full remodeling available.
    • New Roof: Partial installation of new asphalt shingles.
    Updated: Feb 7
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    Historic Building in Painesville, Ohio
    $149,000
    0.10 Acres
    Historic Building in Painesville, Ohio

    Two-story historic building, previously a bar/restaurant with apartment.

    367 North State Street, Painesville, OH 44077

    View details
    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 3 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
    $209,900
    1,512 SF
    Duplex with Enclosed Porch

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

    403 New Street, Fairport Harbor, OH 44077

    View details
    Triplex with Detached Three-Car Garage
    $199,000
    1,908 SF
    Triplex with Detached Three-Car Garage

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

    423 7th Street, Fairport Harbor, OH 44077

    View details
    Side-by-Side Duplex for Sale
    $389,999
    0.44 Acres
    Side-by-Side Duplex for Sale

    A well-maintained side-by-side duplex with renovated interiors, two laundry areas, and two upstairs bedrooms suites per unit.

    7224 Burridge Avenue, Mentor, OH 44060

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    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

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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.

    Residential Land in Painesville, OH
    $35,000
    1.54 Acres
    Residential Land in Painesville, OH

    1.54 acre residential land parcel for sale.

    163 Johnnycake Ridge Road, Painesville, OH 44077

    View details
    Land Parcel in Concord Twp
    $70,000
    2.10 Acres
    Land Parcel in Concord Twp

    2.1 acre land parcel suitable for residential development.

    11026 & 163 Johnnycake Ridge Road, Concord Twp, OH 44077

    View details
    Concord, OH Land Opportunity
    $40,000
    2.10 Acres
    Concord, OH Land Opportunity

    2.1 acre lot suitable for residential development in Concord.

    11026 Johnnycake Ridge Road, Concord, OH 44077

    View details
    Residential Lot in Mentor, Ohio
    $85,000
    0.57 Acres
    Residential Lot in Mentor, Ohio

    Residential lot for sale in Mentor, Ohio with frontage.

    9005 Jackson Street, Mentor, OH 44060

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    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 Residential Income Properties Market Trends and Statistics

    Explore 14 residential income properties for sale in Painesville, OH, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,936 square feet of properties for sale, with an estimated market value of $483,900.

    Sale prices for residential income properties in Painesville, OH start at $149,000, averaging $241,950, 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

    Multifamily properties 1
    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 $211K

    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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