58 Adelaide Avenue, Painesville Twp, OH 44077
Wg Mccall · Lake County
Key Facts
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.
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Year Built
1920
Stories
2
Living Area
1,584 sq ft
Lot Size
0.16 acres
MLS® Listing#
5220292
Property Features
Appliances
Cooling
Heating
Basement
Parking
Laundry
Construction
Roof
Sewer
Water Source
Financial Details
Annual Taxes
$1,754
Tax year 2025
Parcel Number
11-B-065-C-00-004-0
Directions
Richmond Rd to Adelaide Ave
Affordability Calculator
$49,980
Estimated monthly payment
$1,330/mo
Principal $199,920 · Est. interest $278,906 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Painesville Twp, OH
- $330,909
- Median Listing Price
- 28
- Median Days on Market
- 1,920
- Median Sq Ft
- $151
- Median Price / Sq Ft
- 122
- Active Listings
- This home’s price is 24% below the area median.
- Its price per sq ft is 5% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Painesville Twp, OH.
Location
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Points of Interest in Painesville Twp, OH
Showing the Painesville Twp area map.
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 7024 Buckhurst Place, Concord Twp, OH | $175,000 | 3 | 2 | 1,531 |
| 691 Madison Avenue, Painesville Twp, OH | $189,900 | 3 | 2 | 1,336 |
| 60 Oakwood Boulevard, Painesville Twp, OH | $189,900 | 3 | 1 | 1,426 |
| 7031 Woodthrush Drive, Painesville Twp, OH | $199,000 | 3 | 3 | 1,920 |
| 141 Grass Court, Painesville Twp, OH | $199,000 | 3 | 2 | 1,591 |
| 26 Hurst Road, Painesville Twp, OH | $200,000 | 4 | 2 | 1,526 |
Moving Cost Estimate
EXIT Agents in Painesville Twp
Listing Courtesy: Engel & Völkers Distinct - 440-568-0400, cleveland@evrealestate.com
Last Updated: 2026-06-19