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134 Pearl Street

Painesville, OH 44077

$334,900 $1,411/Mo

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Overview

Bed

Bath

4,628

Sqft

0.16

Acre(Lot)

Description

Cash flowing 4-unit investment property in Painesville generating $4,000/month in rental income, with all units currently occupied. Conveniently located near OH-2, OH-44, US-20, Lake Erie College, schools, shopping, restaurants, and other local attractions. One 3-bed/1-bath unit; two 2-bed/1-bath units; and one 1-bed/1-bath unit. Recent updates include: replaced some windows (2024), Unit 134 refrigerator (2025), Units 134 & 136 electric fixtures (2026), Unit 134 bathtub (2026), and applied Rhino Shield coating on all exterior siding (2024).

Property Details

Property Type : Residential Income

Price : $334,900

AD Id : 79049299

MLS Id : 5211515

Beds : 9

Lot Size : 0.16 Acre

Living Area Size : 4,628

Year Built : 1910

Garage : 1

County : Lake

Subdivision: None Available

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 9

Bathroom Information

Total Baths: 4 Full Baths: 4

Room Information

Has Basement: Yes Basement: Full
Roofing Information

Asphalt, Fiberglass
Interior Features

Roof: Asphalt, Fiberglass Appliances: Range, Refrigerator
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Wall Unit(s)

Building Information

Year Built: 1910 Construction Materials: Vinyl Siding Stories: 2 Private Pool: No

Lot Information

Main Square Feet: 0.1584 Acres Lot Size Acres: 0.1584 Lot Size Source: Public Records

Property Information

Subdivision: Rockwell, Mathews & Hitchcock Sub Source Property Type: Residential Income Property SubType: Quadruplex Levels: Two Property Age: 116

Listing Price Information

Listing Price: $334900 Cash, Conventional, FHA, VA Loan

Tax Information

Parcel Number: 15-B-005-0-00-062-0 Tax Year: 2025 Annual Tax: $6711 Tax Legal Desc: LOT 12 TRACT 2

Parking Information

Driveway, Detached, Garage

Garage Information

Has Garage: Yes Garage Space: 1

Location Information

Direction: St Clair St to Pearl St WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
540 Mentor Avenue, Painesville, OH, 44077	$299,900	6	2	2,484	2,484 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.

ByOwner last updated this listing 06/18/2026 @ 22:59

MLS: 5211515 LISTED BY: Adam Zimmerman, Engel & Völkers Distinct 440-568-0400 SOURCE: MLS Now