# 58 Adelaide Avenue, Painesville, OH 44077 > **TL;DR:** 4bd/2ba multi-family, $225,000 ($142/sqft), built 1920, 1,584 sqft. Est. $1,204/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $225,000 | | Price/sqft | $142 | | Bedrooms | 4 | | Bathrooms | 2 full | | Square Feet | 1,584 | | Year Built | 1920 | | Property Type | Multi-Family (Duplex) | | Status | Active | | Days on Market | 0 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,138 | | Estimated Insurance | $66 | | **Total** | **$1,204** | ## Property Highlights - Built in 1920 ## Description ### Agent Description 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. ## Location - **Address:** 58 Adelaide Avenue, Painesville, OH 44077 - **County:** Lake - **Neighborhood:** Wg Mccall - **Coordinates:** 41.731169, -81.270642 - **Google Maps:** https://www.google.com/maps?q=41.731169,-81.270642 ## Listing Agent - **Name:** Adam T Zimmerman - **Brokerage:** Engel & Volkers Cleveland - **Broker Phone:** 4405680400 ## Photos ![58 Adelaide Avenue - Photo 1](http://lh.rdcpix.com/dbaaa806b42808bfadc642f96b8a6654l-f62731242r.jpg) ![58 Adelaide Avenue - Photo 2](http://lh.rdcpix.com/dbaaa806b42808bfadc642f96b8a6654l-f2911133418r.jpg) ![58 Adelaide Avenue - Photo 3](http://lh.rdcpix.com/dbaaa806b42808bfadc642f96b8a6654l-f3133746089r.jpg) ![58 Adelaide Avenue - Photo 4](http://lh.rdcpix.com/dbaaa806b42808bfadc642f96b8a6654l-f4272160881r.jpg) ![58 Adelaide Avenue - Photo 5](http://lh.rdcpix.com/dbaaa806b42808bfadc642f96b8a6654l-f2277165238r.jpg) ![58 Adelaide Avenue - Photo 6](http://lh.rdcpix.com/dbaaa806b42808bfadc642f96b8a6654l-f4009269307r.jpg) ![58 Adelaide Avenue - Photo 7](http://lh.rdcpix.com/dbaaa806b42808bfadc642f96b8a6654l-f2334118492r.jpg) ![58 Adelaide Avenue - Photo 8](http://lh.rdcpix.com/dbaaa806b42808bfadc642f96b8a6654l-f13159424r.jpg) ![58 Adelaide Avenue - Photo 9](http://lh.rdcpix.com/dbaaa806b42808bfadc642f96b8a6654l-f1839825220r.jpg) ![58 Adelaide Avenue - Photo 10](http://lh.rdcpix.com/dbaaa806b42808bfadc642f96b8a6654l-f2851858725r.jpg) ![58 Adelaide Avenue - Photo 11](http://lh.rdcpix.com/dbaaa806b42808bfadc642f96b8a6654l-f4289618860r.jpg) ![58 Adelaide Avenue - Photo 12](http://lh.rdcpix.com/dbaaa806b42808bfadc642f96b8a6654l-f3064470663r.jpg) ![58 Adelaide Avenue - Photo 13](http://lh.rdcpix.com/dbaaa806b42808bfadc642f96b8a6654l-f278785106r.jpg) ![58 Adelaide Avenue - Photo 14](http://lh.rdcpix.com/dbaaa806b42808bfadc642f96b8a6654l-f3900640039r.jpg) --- **MLS#:** 5220292 | **Updated:** 2026-10-22 **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://staging.propertysimple.ai/listing/58-adelaide-avenue-painesville-oh-44077-089f794ad4f44216aff96d38c756e901) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/58-adelaide-avenue-painesville-oh-44077-089f794ad4f44216aff96d38c756e901#listing", "url": "https://staging.propertysimple.ai/listing/58-adelaide-avenue-painesville-oh-44077-089f794ad4f44216aff96d38c756e901", "name": "58 Adelaide Avenue, Painesville, OH 44077", "description": "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. 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