Residential Income

Painesville, OH Residential Income Properties for Sale

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Found 17 residential income properties for sale in Painesville, OH, averaging $101/sq ft. Use valuation data to compare deals faster.
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Triplex with Detached Home
Updated: Aug 5
Triplex with Detached Home

176 Stage Avenue, Painesville, OH 44077

$215,000
3,280 sqft 0.30 AC lot
Three residential units on one parcel: a duplex plus a detached single‑family home
3,280 square feet on 0.298 acres; built in 1930
Duplex includes two 2‑bedroom, 1‑bath units with separately metered electric service
Detached home offers 2 bedrooms, 1.5 baths, and separate utility meters
Fully occupied with month‑to‑month rental agreements
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Duplex Property with Oversized Garage
Updated: Jul 30
Duplex Property with Oversized Garage

2584 N Ridge Road, Painesville, OH 44077

$339,000
3,732 sqft 1.02 AC lot
3,732 square feet on 1.02 acres
Five bedrooms and three bathrooms with main‑floor bedrooms and bathrooms
20' x 32' insulated garage with 220‑volt electric
19' x 19' metal storage building with 8‑foot overhead door
10' x 12' garden shed plus driveway and parking lot
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Updated Four-Unit Investment Property
Updated Four-Unit Investment Property

134 Pearl Street, Painesville, OH 44077

$315,000
4,628 sqft

Occupied four-unit property with varied floor plans and recent improvements to select interiors, windows, fixtures, and exterior siding.

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See hot listings in Painesville

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Renovated Duplex with In-Suite Laundry
Renovated Duplex with In-Suite Laundry

58 Adelaide Ave, Painesville, OH 44077

$225,000
1,584 sqft

Two occupied units offer updated interiors, stainless steel appliances, and private laundry in a residential income property.

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Grandfathered Duplex with Garage
Grandfathered Duplex with Garage

540 Mentor Avenue, Painesville, OH 44077

$299,900
2,484 sqft 0.28 AC lot

Sizable duplex layout with central HVAC, updated electrical, hardwood floors, and a detached two-car garage.

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Renovated Two-Unit Duplex
Renovated Two-Unit Duplex

58 Adelaide Avenue, Painesville, OH 44077

$225,000
1,584 sqft

Occupied rental property with refreshed interiors, private laundry, and stainless steel kitchen appliances in each unit.

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Flexible Multi-Family Property
Flexible Multi-Family Property

2584 N Ridge Road, Painesville, OH 44077

$339,000
3,732 sqft 1.02 AC lot

Over an acre with 5 bedrooms and 3 bathrooms, plus an oversized insulated garage and multiple outbuildings.

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Updated Four-Unit Quadplex
Updated Four-Unit Quadplex

134 Pearl Street, Painesville, OH 44077

$315,000
4,628 sqft

Fully occupied residential property with varied unit sizes and recent improvements to windows, fixtures, plumbing, and exterior siding.

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Mixed-Use Property with 6 Units
Mixed-Use Property with 6 Units

17 E Erie Street, Painesville, OH 44077

$499,900
0.51 AC lot

Two buildings combine retail, apartments, and a vacant residence under B-2 commercial zoning.

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13-Unit Apartment Building
13-Unit Apartment Building

166-188 Mentor Avenue, Painesville, OH 44077

$1,534,000
0.57 AC lot

Fenced multifamily property with public utilities and convenient access to downtown, retail, employment, and regional routes.

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Updated Duplex with Detached Garage
Updated Duplex with Detached Garage

540 Mentor Ave, Painesville, OH 44077

$299,900
2,484 sqft

Grandfathered duplex with separate living areas, central HVAC, basement storage, and recent improvements.

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Flexible Mixed-Use Property
Flexible Mixed-Use Property

2584 N Ridge Road, Painesville, OH 44077

$329,000
1.02 AC lot

Versatile property with residential, office, storage, and workshop capabilities on a spacious parcel.

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6-Unit Apartment Building with Carriage House
6-Unit Apartment Building with Carriage House

190 Mentor Avenue, Painesville, OH 44077

$595,000
0.80 AC lot

Brick multifamily property with separate utility metering and a private garage for every apartment.

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6-Unit Brick Apartment Building
6-Unit Brick Apartment Building

190 Mentor Ave, Painesville, OH 44077

$595,000

Six apartments offer separate utility metering, private garages, basement storage, and convenient transit access.

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40-Unit Apartment Building
40-Unit Apartment Building

100 Normandy Drive, Painesville, OH 44077

Contact for pricing

Courtyard Village is situated in Painesville Township, Ohio, at a named residential address.

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Seven-Unit Apartment Building
Seven-Unit Apartment Building

205 Mentor Ave, Painesville, OH 44077

Contact for pricing

All seven units are leased in a seven-unit apartment building with expansion potential including a third-floor addition.

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13-Unit Apartment Building
13-Unit Apartment Building

166 Mentor Avenue, Painesville, OH 44077

Contact for pricing

Fully leased rental property near Downtown Painesville with access to regional employment, shopping, dining, and recreation.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Painesville, OH, we suggest to view alternatives - similar 11 Off-Market properties to explore as potential leads.

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

Estimated value:
$250,000
3.01 AC lot
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1340 Mentor Ave
MOBILE HOME PARK, TRAILER PARK

1340 Mentor Ave, Painesville, OH 44077-1835

Estimated value:
No data
1,024 sqft 0.31 AC lot
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1346 Mentor Ave
MOBILE HOME PARK, TRAILER PARK

1346 Mentor Ave, Painesville, OH 44077-1819

Estimated value:
No data
1,024 sqft 3.86 AC lot
View details
445 Erie St
APARTMENT HOUSE (UNDER 5 UNITS)

445 Erie St, Painesville, OH 44077-3915

Estimated value:
$490,000
4,572 sqft 0.50 AC lot
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1740 Mentor Ave
MOBILE HOME PARK, TRAILER PARK

1740 Mentor Ave, Painesville, OH 44077-1402

Estimated value:
$200,000
744 sqft 4.64 AC lot
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Mentor Ave
MOBILE HOME PARK, TRAILER PARK

Mentor Ave, Painesville, OH 44077

Estimated value:
$235,000
0.36 AC lot
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33 Kensington Ave
APARTMENT HOUSE (UNDER 5 UNITS)

33 Kensington Ave, Painesville, OH 44077-3665

Estimated value:
$295,000
7,704 sqft 0.90 AC lot
View details

Painesville, OH Residential Income Properties Market Trends and Statistics

Explore 28 residential income properties for sale in Painesville, OH, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 28,136 square feet of properties for sale, with an estimated market value of $6,125,700.

Sale prices for residential income properties in Painesville, OH start at $215,000, averaging $437,550, and reaching up to $1,534,000 — 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 15
Apartment buildings 6
Duplexes 6
Quadplexes 2
Single family properties 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 $440.4K

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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