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About This Home

This 6-bedroom, 2-bathroom multi-family at 540 Mentor Avenue in Painesville, OH is listed for $319,900 ($129 per sqft). Built in 1880, the home offers 2,484 sqft of living space on a 0.28 acres lot.

Agent 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.

Key Features

  • Built in 1880
  • 0.28 acre lot
  • 2 stories

Property Details

2 stories
2 full
1880

Monthly Cost Estimate

$1,711/mo

20% down · 6.5% · 30 years

Principal$231
Interest$1,386
Insurance$93

Estimates only. Actual payments may vary.

Location

540 Mentor Avenue

Painesville, OH 44077

Features & Amenities

Interior Features

Ceiling Fan(s)ChandelierCrown MoldingEat-in KitchenRecessed LightingStorage

Exterior Features

Balcony

Property Details

Parking

Garage

Heating

Forced AirNatural Gas

Cooling

Ceiling Fan(s)Central Air

Appliances

DryerRangeRefrigerator

Questions & Answers

This 6-bedroom, 2-bathroom multi-family at 540 Mentor Avenue is listed at $319,900 ($129/sqft). The estimated monthly payment is $1,386 based on 20% down at 6.5% interest.

Key features include: Built in 1880, 0.28 acre lot, 2 stories. Interior Features: Ceiling Fan(s), Chandelier, Crown Molding. Exterior Features: Balcony.

This property is listed by Adam T Zimmerman and can be reached at 2165132728 or adam.zimmerman@evrealestate.com.

AZ

Adam T Zimmerman

Agent at Engel & Völkers Cleveland

(216) 513-2728

Listed by Engel & Völkers Cleveland · View on Broker Site

MLS# 5162031· Source: listhub· Updated today

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

540 Mentor Avenue, Painesville, OH 44077

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