About This Home

This 9-bedroom, 4-bathroom multi-family at 134 Pearl Street in Painesville, OH is listed for $315,000 ($68 per sqft). Built in 1910, the home offers 4,628 sqft of living space on a N/A lot.

Key Features

Built in 1910

Property Details

4 full

1910

Listing Description

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).

Monthly Cost Estimate

$1,685/mo

20% down · 6.5% · 30 years

Principal$228

Interest$1,365

Insurance$92

Estimates only. Actual payments may vary.

Location

134 Pearl Street

Painesville, OH 44077

Rockwell, Mathews & Hitchcock Sub

Questions & Answers

This 9-bedroom, 4-bathroom multi-family at 134 Pearl Street is listed at $315,000 ($68/sqft). The estimated monthly payment is $1,685 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1910.

This property is listed by Adam T Zimmerman.

Adam T Zimmerman

Agent at Engel & Volkers Cleveland

134 Pearl Street, Painesville, OH 44077