Active

$249,900

58 Adelaide Ave, Painesville, OH 44077

4beds

1,584sqft

$1,891/mo

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Duplex, Multi Family

Built in 1920

-- sqft lot

$-- Zestimate^®

$158/sqft

$-- HOA

What's special

Stainless steel appliancesNew flooring and paint

Completely renovated and cash-flowing 2-unit investment property in Painesville Township, in the Riverside School District, currently generating $2,200/month in rental income, with the potential to generate $2,500 or more per month. The home features 2 currently occupied units: Lower unit has 3 bedrooms and a full bath; upper unit has 1 bedroom and a full bath. Both units have in-suite laundry, stainless steel appliances, new flooring and paint. RECENT UPDATES: Replaced roof and siding (2024), completed updated both units including kitchens, baths, flooring, paint, and all appliances (2024/2025). INCLUDED are ALL kitchen appliances and washers/dryers. Conveniently located near OH-2, OH-44, US-20, Lake Erie College, Headlands Beach and Fairport Harbor Lakefront parks, shopping, restaurants, and other local attractions.

78 days
369
13

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Gas

Cooling

None

Appliances

Included: Dryer, Range, Refrigerator, Washer
Laundry: Washer Hookup, Gas Dryer Hookup, In Unit

Features

Basement: Full

Interior area

Total structure area: 1,584
Total interior livable area: 1,584 sqft
Finished area above ground: 1,584

Video & virtual tour

View virtual tour

Property

Parking

Parking features: Driveway

Features

Levels: Two
Stories: 2

Lot

Size: 7,148 Square Feet

Details

Parcel number: 11B065C000040

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Multi Family

Materials

Vinyl Siding
Roof: Metal

Condition

Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Wg Mccall

Location

Region: Painesville

Financial & listing details

Price per square foot: $158/sqft
Tax assessed value: $95,010
Annual tax amount: $1,754
Date on market: 6/19/2026
Listing terms: Cash,Conventional,FHA,VA Loan

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/19/2026	Listed for sale	$249,900+122.1%$158/sqft
Source: MLS Now #5220292 Report a problem
8/25/2022	Sold	$112,500-2.2%$71/sqft
Source: MLS Now #4396271 Report a problem
8/5/2022	Pending sale	$115,000$73/sqft
Source: MLS Now #4396271 Report a problem
7/30/2022	Listed for sale	$115,000+59.7%$73/sqft
Source: MLS Now #4396271 Report a problem
5/12/2022	Sold	$72,000-44.2%$45/sqft
Source: Public Record Report a problem
12/4/2019	Sold	$129,000+58.8%$81/sqft
Source: Public Record Report a problem
11/23/2010	Listing removed	$81,250$51/sqft
Source: ReMax Results #3061211 Report a problem
12/4/2009	Price change	$81,250-5.8%$51/sqft
Source: ReMax Results #3061211 Report a problem
9/15/2009	Listed for sale	$86,250$54/sqft
Source: ReMax Results #3061211 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,754 +1.3%	$33,250
2024	$1,732 +0.8%	$33,250 +23.1%
2023	$1,719 -12.1%	$27,010 -14.7%
2022	$1,954 -0.3%	$31,660
2021	$1,961 -7.7%	$31,660 +15%
2020	$2,125 +9.1%	$27,540
2019	$1,948 +11.6%	$27,540 +10.4%
2018	$1,746	$24,950
2017	$1,746 +13.4%	$24,950
2016	$1,539 +5%	$24,950
2015	$1,466 -1.6%	$24,950
2014	$1,490 +2.3%	$24,950
2013	$1,457 +5.3%	$24,950
2012	$1,384 -2.8%	$24,950 -6.7%
2011	$1,424 +0.2%	$26,730
2010	$1,420 +2.2%	$26,730 0%
2009	$1,390 -4.6%	$26,733 -12%
2008	$1,456 +2.1%	$30,381
2007	$1,426 -48%	$30,381
2006	$2,742 +27.1%	$30,381 +28.3%
2005	$2,157 -0.2%	$23,688
2004	$2,160 +6.4%	$23,688
2003	$2,031 +23.3%	$23,688 +25%
2002	$1,647 -0.3%	$18,949
2001	$1,651 +1.2%	$18,949
2000	$1,632 +4.1%	$18,949 +4.4%
1999	$1,567	$18,159