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176 Stage Avenue

Painesville, OH 44077

$225,000 $948/Mo

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Overview

Bed

Bath

3,280

Sqft

0.30

Acre(Lot)

Description

Expand your investment portfolio with this income-producing property featuring three residential units on one parcel, a duplex and a detached single-family home, offering multiple income streams in one convenient location. The duplex consists of two units, each offering 2 bedrooms and 1 full bath, with separately metered electric service. Shared laundry hookups are located in the basement. The owner currently pays all utilities, including water and sewer, for both duplex units, as well as trash removal service. The detached single-family home offers 2 bedrooms, 1.5 baths, basement laundry hookups, and separate utility meters. The resident is responsible for all utilities, including water and sewer. The property is fully occupied with month-to-month rental agreements currently in place, pro viding immediate rental income while allowing future flexibility as lease opportunities arise. Additional Information: 24-hour notice is required for all showings. Residents will provide access for scheduled showings. Washers and dryers are owned by the residents and will not convey with the property. All remaining appliances are owned by the seller and will transfer with the sale. Unit 178: Resident pays all utilities, including water and sewer. Units 176 & 180: Owner pays all utilities, including water and sewer. Owner provides trash removal service for the property. This is an excellent opportunity for investors seeking an established, income-producing asset with three residential units on a single parcel and the flexibility to implement future investment strategies as opportunities arise.

Property Details

Property Type : Residential Income

Price : $225,000

AD Id : 89145984

MLS Id : 5233610

Beds : 6

Lot Size : 0.30 Acre

Living Area Size : 3,280

Year Built : 1930

County : Lake

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 6

Bathroom Information

Total Baths: 4 Full Baths: 3 Half Baths: 1

Room Information

Rooms Total: 15 Has Basement: Yes Basement: Full
Roofing Information

Asphalt, Fiberglass
Interior Features

Roof: Asphalt, Fiberglass Appliances: Range, Refrigerator Laundry Features: In Basement
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Hot Water, Steam, Radiant Has Cooling: Yes Cooling: Window Unit(s)

Building Information

Year Built: 1930 Construction Materials: Aluminum Siding, Vinyl Siding Stories: 2 Pool Features: Above Ground, Private Private Pool: Yes View: Neighborhood

Lot Information

Main Square Feet: 0.298 Acres Lot Size Acres: 0.298 Lot Size Source: Public Records

Listing Price Information

Listing Price: $225000

Tax Information

Parcel Number: 15-C-023-0-00-006-0 Tax Year: 2025 Annual Tax: $2868 Tax Legal Desc: LOT 3 TRACT 11

Parking Information

Gravel

Location Information

Direction: Richmond Street (OH-283) to Stage Avenue WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
134 Pearl Street, Painesville, OH, 44077	$334,900	9	4	4,628	4,628 SqFt
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 08/06/2026 @ 11:32

MLS: 5233610 LISTED BY: Antoinette Noday-Krager, McDowell Homes Real Estate Services 440-205-2000 SOURCE: MLS Now