# 540 Mentor Avenue, Painesville, OH 44077

> **TL;DR:** 6bd/2ba multi-family, $319,900 ($129/sqft), built 1880, 2,484 sqft. Est. $1,386/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $319,900 |
| Price/sqft | $129 |
| Bedrooms | 6 |
| Bathrooms | 2 full |
| Square Feet | 2,484 |
| Year Built | 1880 |
| Lot Size | 12,367 sqft (0.28 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Duplex) |
| Status | For Sale |
| Days on Market | 0 |

## Why This Home Stands Out

- **Price Reduced** - $20,000 off

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,386 |
| **Total** | **$1,386** |

## Property Highlights

- Built in 1880
- 0.28 acre lot
- 2 stories

## Description

### 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.

## Location

- **Address:** 540 Mentor Avenue, Painesville, OH 44077
- **County:** Lake
- **Coordinates:** 41.716862, -81.255273
- **Google Maps:** https://www.google.com/maps?q=41.716862,-81.255273

## Price History

- **Price Reduced:** $20,000
- **Original Price:** $339,900

## Listing Agent

- **Name:** Adam T Zimmerman
- **Brokerage:** Engel & Völkers Cleveland
- **Phone:** 2165132728
- **Email:** adam.zimmerman@evrealestate.com

## Primary Photo

![540 Mentor Avenue - Primary Photo](http://lh.rdcpix.com/b4ba590471e164559f5f804d61c7e14al-f3954244942r.jpg)

*26 total photos available on [listing page](https://www.propertysimple.com/listing/540-mentor-avenue-painesville-oh-44077-5162031)*

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**MLS#:** 5162031 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/540-mentor-avenue-painesville-oh-44077-5162031)

---

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