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).
Active
Price cut: $19.9K (9/10)
$315,000
134 Pearl St, Painesville, OH 44077
8beds
4,628sqft
Quadruplex, Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$68/sqft
$-- HOA
What's special
Replaced some windows
- 142 days
- 290
- 26
Zillow last checked:
Listing updated:
Listed by:
Adam T Zimmerman 440-568-0400 cleveland@evrealestate.com,
Engel & Völkers Distinct
Source: MLS Now,MLS#: 5211515
Originating MLS: Akron Cleveland Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Gas
Cooling
- Wall Unit(s)
Appliances
- Included: Range, Refrigerator
Features
- Basement: Full
Interior area
- Total structure area: 4,628
- Total interior livable area: 4,628 sqft
- Finished area above ground: 4,628
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Driveway, Detached, Garage
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,899 Square Feet
Details
- Parcel number: 15B0050000620
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Rockwell, Mathews & Hitchcock Sub
Location
- Region: Painesville
Financial & listing details
- Price per square foot: $68/sqft
- Annual tax amount: $6,711
- Date on market: 5/21/2026
- Cumulative days on market: 142 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Price change | $315,000-5.9%$68/sqft |
Source: | ||
| 5/21/2026 | Listed for sale | $334,900+28.8%$72/sqft |
Source: | ||
| 3/2/2023 | Sold | $260,000-1.9%$56/sqft |
Source: | ||
| 3/2/2023 | Pending sale | $265,000$57/sqft |
Source: | ||
| 2/3/2023 | Contingent | $265,000$57/sqft |
Source: | ||
| 1/26/2023 | Listed for sale | $265,000+14.2%$57/sqft |
Source: | ||
| 10/15/2021 | Sold | $232,000-7.2%$50/sqft |
Source: | ||
| 9/15/2021 | Pending sale | $249,900$54/sqft |
Source: | ||
| 9/7/2021 | Contingent | $249,900$54/sqft |
Source: | ||
| 7/8/2021 | Listed for sale | $249,900$54/sqft |
Source: | ||
| 6/25/2021 | Pending sale | $249,900$54/sqft |
Source: | ||
| 6/25/2021 | Contingent | $249,900$54/sqft |
Source: | ||
| 6/15/2021 | Listed for sale | $249,900+29.5%$54/sqft |
Source: | ||
| 5/7/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 4/28/2021 | Listed for rent | $750+7.1% |
Source: Zillow Rental Manager Report a problem | ||
| 8/29/2019 | Listing removed | $700 |
Source: J. F. Morgan & Sons, Inc. #4124600 Report a problem | ||
| 8/14/2019 | Price change | $700+0.7% |
Source: J. F. Morgan & Sons, Inc. #4124600 Report a problem | ||
| 7/9/2019 | Price change | $695-7.3% |
Source: Hackenberg Realty Group #4099763 Report a problem | ||
| 5/24/2019 | Listed for rent | $750 |
Source: Hackenberg Realty Group #4099763 Report a problem | ||
| 4/9/2019 | Sold | $193,000$42/sqft |
Source: | ||
| 4/3/2019 | Pending sale | $193,000$42/sqft |
Source: Keller Williams Grt Cleve West #4074526 Report a problem | ||
| 3/8/2019 | Listed for sale | $193,000$42/sqft |
Source: Keller Williams Grt Cleve West #4074526 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 44077
Nearby schools
Schools provided by the listing agent
- District: Painesville City LSD - 4305
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





