# 58 Adelaide Avenue, Painesville, OH 44077

> **TL;DR:** 4bd/2ba multi-family, $249,900 ($158/sqft), built 1920, 1,584 sqft. Est. $1,083/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $249,900 |
| Price/sqft | $158 |
| Bedrooms | 4 |
| Bathrooms | 2 full |
| Square Feet | 1,584 |
| Year Built | 1920 |
| Lot Size | 7,148 sqft (0.16 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Duplex) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,083 |
| **Total** | **$1,083** |

## Property Highlights

- Built in 1920
- 0.16 acre lot
- 2 stories

## 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 & Völkers Cleveland
- **Phone:** 2165132728
- **Email:** adam.zimmerman@evrealestate.com

## Primary Photo

![58 Adelaide Avenue - Primary Photo](http://lh.rdcpix.com/f2a889ccd1605a6f4e88dd36b0cb1066l-f1225736439r.jpg)

*14 total photos available on [listing page](https://www.propertysimple.com/listing/58-adelaide-avenue-painesville-twp-oh-44077-5220292)*

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**MLS#:** 5220292 | **Updated:** 2026-06-25
**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/58-adelaide-avenue-painesville-twp-oh-44077-5220292)

---

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