Unique income property consisting of 3 buildings on one parcel. A 3 bed single-family home, 1 duplex and 2 attached apartments. All units rented. ($2600 income) Tenants pay all utilities except Trash Removal and Snowplowing. Owner replaced two roofs in 2023 and 2 furnaces in 2022.
Closed
$220,000
488 Railroad St, Painesville, OH 44077
7beds
--sqft
Quadruplex, Multi Family
Built in 1910
-- sqft lot
$272,300 Zestimate®
$--/sqft
$1,149 Estimated rent
Home value
$272,300
$242,000 - $308,000
$1,149/mo
Zestimate® history
Owner options
List your home for rent
$1,149/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,149/mo
Rent Zestimate®
Refinance and save
$1,560/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,560/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Marietta M Lipps mariettalipps@howardhanna.com440-346-5601,
Howard Hanna,
James Perry 440-567-1386,
Howard Hanna
Bought with:
Marietta M Lipps, 2001016844
Howard Hanna
James Perry, 2018001473
Howard Hanna
Source: MLS Now,MLS#: 5020819Originating MLS: Lake Geauga Area Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 5
Heating
- Gas
Cooling
- None
Features
- Basement: Full,Unfinished
Property
Parking
- Parking features: Detached, Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 8,712 Square Feet
Details
- Parcel number: 15A0040000380
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Aluminum Siding, Frame
- Roof: Asphalt
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Phelps
Location
- Region: Painesville
Financial & listing details
- Tax assessed value: $1,710
- Annual tax amount: $3,214
- Date on market: 3/2/2024
- Cumulative days on market: 19 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/10/2024 | Sold | $220,000-8.3% |
Source: MLS Now #5020819 Report a problem | ||
| 3/22/2024 | Pending sale | $240,000 |
Source: MLS Now #5020819 Report a problem | ||
| 3/2/2024 | Listed for sale | $240,000 |
Source: MLS Now #5020819 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | -- |
| 2024 | $29 -5.4% | $600 +17.6% |
| 2023 | $31 -1.1% | $510 |
| 2022 | $31 -0.1% | $510 |
| 2021 | $31 +3.9% | $510 +18.6% |
| 2020 | $30 -0.9% | $430 |
| 2019 | $30 -72.2% | $430 -71.9% |
| 2018 | $109 | $1,530 |
| 2017 | $109 +0.6% | $1,530 |
| 2016 | $109 +0.2% | $1,530 |
| 2015 | $108 +0.3% | $1,530 |
| 2014 | $108 +0.4% | $1,530 |
| 2013 | $108 +8.2% | $1,530 |
| 2012 | $99 +11.1% | $1,530 -5% |
| 2011 | $90 +1.2% | $1,610 |
| 2010 | $89 +5% | $1,610 |
| 2009 | $84 -1.9% | $1,610 -10.2% |
| 2008 | $86 +1% | $1,792 |
| 2007 | $85 -57.1% | $1,792 |
| 2006 | $198 +13.4% | $1,792 +15% |
| 2005 | $175 -0.1% | $1,558 |
| 2004 | $175 +7.3% | $1,558 |
| 2003 | $163 +24.6% | $1,558 +25% |
| 2002 | $131 -0.1% | $1,246 |
| 2001 | $131 +0.9% | $1,246 |
| 2000 | $130 -1.6% | $1,246 -2% |
| 1999 | $132 | $1,271 |
Find assessor info on the county website
Neighborhood: 44077
Nearby homes
- $102,8002 bd1 ba1k sqft496 Railroad St, Painesville, OH 44077Off Market
- $101,6001 bd1 ba600 sqft492 Railroad St, Painesville, OH 44077Off Market
- $103,6004 bd1 ba1.2k sqft508 Railroad St, Painesville, OH 44077Off Market
- $183,9003 bd2 ba2.1k sqft495 E Erie St, Painesville, OH 44077Off Market
- $130,2003 bd1 ba1.3k sqft481 E Erie St, Painesville, OH 44077Off Market
- $3,820-- bd-- ba-- sqft481 E Erie St, Painesville, OH 44077Off Market
- $137,3003 bd1 ba1.4k sqft477 E Erie St, Painesville, OH 44077Off Market
- $126,0003 bd1 ba1.4k sqft485 E Erie St, Painesville, OH 44077Off Market
Nearby schools
GreatSchools rating
- 4/10Elm Street Elementary SchoolGrades: K-5Distance: 0.3 mi
- 5/10Heritage Middle SchoolGrades: 6-8Distance: 1.6 mi
- 4/10Harvey High SchoolGrades: 9-12Distance: 1.2 mi
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.
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$272,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$272,300
- Ohio
- Lake County
- Painesville
- 44077
- 488 Railroad St
Nearby cities
Nearby zip codes
Other Painesville Topics
