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58 Adelaide Avenue, Painesville, OH 44077

Painesville
Local realty services provided by:CENTURY 21 DeAnna Realty
58 Adelaide Avenue,Painesville Twp, OH 44077
$249,900
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  • 4 Beds
  • 2 Baths
  • 1,584 sq. ft.
  • Multi-family
  • Active
Listed by: adam t zimmerman
Office: engel & vlkers distinct
MLS#:5220292
Source:OH_NORMLS

Price summary

  • Price:$249,900
  • Price per sq. ft.:$157.77

About this home

Completely renovated and cash-flowing 2-unit investment property in Painesville Township, in the Riverside School District, currently generating $2,200/month in rental income, with the potential to generate $2,500 or more per month. The home features 2 currently occupied units: Lower unit has 3 bedrooms and a full bath; upper unit has 1 bedroom and a full bath. Both units have in-suite laundry, stainless steel appliances, new flooring and paint. RECENT UPDATES: Replaced roof and siding (2024), completed updated both units including kitchens, baths, flooring, paint, and all appliances (2024/2025). INCLUDED are ALL kitchen appliances and washers/dryers. Conveniently located near OH-2, OH-44, US-20, Lake Erie College, Headlands Beach and Fairport Harbor Lakefront parks, shopping, restaurants, and other local attractions.

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Home facts

  • Year built:1920
  • Listing ID #:5220292
  • Added:1 day(s) ago
  • Updated:June 19, 2026 at 11:52 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:8
  • Kitchen Description:Range, Refrigerator
  • Basement:Yes
  • Basement Description:Full
  • Living area:1,584 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Metal
  • Year built:1920
  • Building area:1,584 sq. ft.
  • Lot area:0.16 Acres
  • Construction Materials:Vinyl Siding
  • Levels:2 Stories, 2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$249,900
  • Price per sq. ft.:$157.77
  • Tax amount:$1,754 (2025)

Features and amenities

  • Appliances:Range, Refrigerator, Washer
  • Laundry features:Dryer, Washer

Parking

  • Parking description:Driveway
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