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540 Mentor Avenue

Painesville, OH 44077

$299,900 $1,264/Mo

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Overview

Bed

Bath

2,484

Sqft

0.28

Acre(Lot)

Description

Sizable duplex, conveniently located just steps from Lake Erie College and near OH-44, OH-2, and plenty of shopping, restaurants, and local attractions. Currently being used as a single-family property, but grandfathered in as a duplex. Central heating and cooling and updated electrical panels. Hardwood floors on the main level. The first-floor unit includes 2 bedrooms, a living room, dining room, kitchen, full bath, laundry room, and a side porch. The second-floor unit includes 4 bedrooms, a kitchen, full bath, and a balcony. The property includes a detached 2-car garage and a full basement for storage. Consistently rented under current ownership. Updates completed in 2024-2025 include: Replaced washer/dryer, 1st-floor dishwasher and gas range, 2nd-floor refrigerator, carpet on staircase and one 2nd-floor bedroom, painted 1st-floor bath, re-stained and painted porch, powerwashed exterior, and cleaned gutters. All appliances included.

Property Details

Property Type : Residential Income

Price : $299,900

AD Id : 72586007

MLS Id : 5162031

Beds : 6

Lot Size : 0.28 Acre

Living Area Size : 2,484

Year Built : 1880

Garage : 2

County : Lake

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 6

Bathroom Information

Total Baths: 2 Full Baths: 2

Room Information

Rooms Total: 11 Has Basement: Yes Basement: Full
Roofing Information

Asphalt, Fiberglass
Interior Features

Ceiling Fan(s), Chandelier, Crown Molding, Eat-in Kitchen, Recessed Lighting, Storage Roof: Asphalt, Fiberglass Appliances: Dryer, Range, Refrigerator, Washer Laundry Features: Main Level
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air

Building Information

Year Built: 1880 Construction Materials: Aluminum Siding Stories: 2 Private Pool: No
Exterior Features

Exterior Features: Balcony

Lot Information

Main Square Feet: 0.2839 Acres Lot Size Acres: 0.2839 Lot Size Source: Public Records Lot Description: Back Yard, Front Yard

Listing Price Information

Listing Price: $299900 Original Price: $339900 Cash, Conventional, FHA, VA Loan

Tax Information

Parcel Number: 15-C-018-0-00-018-0 Tax Year: 2024 Annual Tax: $3453 Tax Legal Desc: PAINESVILLE LOT TRACT 3 PART OF S/L 7

Parking Information

Detached, Garage

Garage Information

Has Garage: Yes Garage Space: 2

Location Information

Direction: Corner of Mentor Ave (US-20) and Hayes St. Driveway is on Hayes St. 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

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 06/12/2026 @ 00:13

MLS: 5162031 LISTED BY: Adam Zimmerman, Engel & Völkers Distinct 440-568-0400 SOURCE: MLS Now