Real Estate Investment Properties for Sale in Painesville, OH

Looking for investment property in Painesville, OH with high ROI ?

Explore a variety of short-term homes & houses in Painesville, OH. Invest wisely with VRBO & Painesville, OH Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Painesville, OH

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
421 Greenfield Lane Painesville, OH Welcome to this warm and welcoming beautifully maintained home! The kitchen is open to the...	4 beds \| 4 baths \| 3,031 sq.ft.	$424,900	Airbnb cash on cash: 0.28% Traditional cash on cash: 5.95% Airbnb Rental Income: $1504 Traditional Rental Income: $3320 Airbnb ROI: 0.28% Traditional ROI: 5.95%
175 Wood Street Painesville, OH Welcome home to this meticulously maintained single-family residence near Lake Erie Colleg...	4 beds \| 3 baths \| 2,001 sq.ft.	$209,999	Airbnb cash on cash: 2% Traditional cash on cash: 9.32% Airbnb Rental Income: $1504 Traditional Rental Income: $2522 Airbnb ROI: 2% Traditional ROI: 9.32%
563 Colonial Drive Painesville, OH Welcome to this beautifully updated 3-bedroom, 2.5-bath Colonial in the highly desirable L...	3 beds \| 3 baths \| 2,617 sq.ft.	$365,000	Airbnb cash on cash: 0.65% Traditional cash on cash: 4.89% Airbnb Rental Income: $1545 Traditional Rental Income: $2549 Airbnb ROI: 0.65% Traditional ROI: 4.89%
764 N Creek Drive Painesville, OH Welcome to your new home, a charming two-bedroom, two-full-bath ranch condo with an inviti...	2 beds \| 2 baths \| N/A	$186,500	Airbnb cash on cash: 0.4% Traditional cash on cash: 6.12% Airbnb Rental Income: $1133 Traditional Rental Income: $1770 Airbnb ROI: 0.4% Traditional ROI: 6.12%
113 Palm Court Painesville, OH Welcome to 113 Palm Ct in Painesville, a beautifully maintained three-level townhouse offe...	3 beds \| 2 baths \| 1,591 sq.ft.	$214,900	Airbnb cash on cash: 2.03% Traditional cash on cash: 4.77% Airbnb Rental Income: $1545 Traditional Rental Income: $1658 Airbnb ROI: 2.03% Traditional ROI: 4.77%
21 Urban Street Painesville, OH Welcome to this beautiful colonial in Painesville, offering the perfect blend of space, fu...	4 beds \| 2 baths \| 2,530 sq.ft.	$205,000	Airbnb cash on cash: 2.82% Traditional cash on cash: 9.53% Airbnb Rental Income: $1504 Traditional Rental Income: $2370 Airbnb ROI: 2.82% Traditional ROI: 9.53%
1411 Elizabeth Boulevard Painesville, OH Welcome to this beautiful 4 bedroom, 2.5 bath home built in 2022 by Ryan Homes, located in...	4 beds \| 3 baths \| 1,680 sq.ft.	$324,900	Airbnb cash on cash: 0.6% Traditional cash on cash: 4.92% Airbnb Rental Income: $1504 Traditional Rental Income: $2384 Airbnb ROI: 0.6% Traditional ROI: 4.92%
305 Mentor Avenue Painesville, OH This 4-bedroom, 4-bath charmer sits in one of Painesville's prettiest historic pockets-clo...	4 beds \| 4 baths \| 3,634 sq.ft.	$380,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 8.24% Airbnb Rental Income: $1504 Traditional Rental Income: $3809 Airbnb ROI: 0.54% Traditional ROI: 8.24%
7310 Hillshire Drive Painesville, OH Welcome to this low maintenance living! This condo radiates elegance and sophistication fe...	3 beds \| 4 baths \| 2,470 sq.ft.	$344,900	Airbnb cash on cash: 0.42% Traditional cash on cash: 3.39% Airbnb Rental Income: $1545 Traditional Rental Income: $2060 Airbnb ROI: 0.42% Traditional ROI: 3.39%
510 Lanmark Cove Painesville, OH Great opportunity to live in this 55+ community in a free standing, no party walls, lives ...	3 beds \| 3 baths \| 1,784 sq.ft.	$298,000	Airbnb cash on cash: 0.74% Traditional cash on cash: 2.63% Airbnb Rental Income: $1545 Traditional Rental Income: $1631 Airbnb ROI: 0.74% Traditional ROI: 2.63%
6764 Rolling Acres Court Painesville, OH Welcome home to this beautifully updated colonial nestled on a spacious half-acre lot in t...	4 beds \| 4 baths \| 3,341 sq.ft.	$499,900	Airbnb cash on cash: -0.3% Traditional cash on cash: 3.96% Airbnb Rental Income: $1504 Traditional Rental Income: $3056 Airbnb ROI: -0.3% Traditional ROI: 3.96%
1651 Mentor Avenue #2605 Painesville, OH Don't wait to see to this stunning, move-in ready renovated condo in the heart of Painesvi...	3 beds \| 2 baths \| 1,188 sq.ft.	$169,000	Airbnb cash on cash: 4.15% Traditional cash on cash: 5.34% Airbnb Rental Income: $1545 Traditional Rental Income: $1291 Airbnb ROI: 4.15% Traditional ROI: 5.34%
941 Owego Street Painesville, OH Welcome to 941 Owego Street in Painesville, a thoughtfully updated two-story home offering...	3 beds \| 2 baths \| 1,275 sq.ft.	$175,000	Airbnb cash on cash: 3.8% Traditional cash on cash: 6.14% Airbnb Rental Income: $1545 Traditional Rental Income: $1488 Airbnb ROI: 3.8% Traditional ROI: 6.14%
160 W Jackson Street Painesville, OH Completely renovated and move-in ready! This stunning 3-bedroom, 2-bath home seamlessly bl...	3 beds \| 1 baths \| N/A	$219,900	Airbnb cash on cash: 3.42% Traditional cash on cash: 5.76% Airbnb Rental Income: $1545 Traditional Rental Income: $1586 Airbnb ROI: 3.42% Traditional ROI: 5.76%
850 Bank Street Painesville, OH 3 Bedroom, 1 full bath, features include spacious living room, formal dining room, family ...	3 beds \| 1 baths \| 1,236 sq.ft.	$109,000	Airbnb cash on cash: 6.65% Traditional cash on cash: 10.36% Airbnb Rental Income: $1545 Traditional Rental Income: $1491 Airbnb ROI: 6.65% Traditional ROI: 10.36%
81 Fairfield Road Painesville, OH 81 Fairfield Rd in Painesville is a beautifully refreshed brick ranch that combines the ea...	3 beds \| 2 baths \| 1,428 sq.ft.	$324,900	Airbnb cash on cash: 1.41% Traditional cash on cash: 4.04% Airbnb Rental Income: $1545 Traditional Rental Income: $1902 Airbnb ROI: 1.41% Traditional ROI: 4.04%
11914 Concord Hambden Road Painesville, OH Welcome to this spacious and inviting ranch home in desirable Concord Township, offering t...	3 beds \| 2 baths \| 2,864 sq.ft.	$260,900	Airbnb cash on cash: 1.62% Traditional cash on cash: 6.75% Airbnb Rental Income: $1545 Traditional Rental Income: $2362 Airbnb ROI: 1.62% Traditional ROI: 6.75%
500 E Erie Street Painesville, OH Step into timeless charm with this enchanting Victorian home, where classic character meet...	5 beds \| 2 baths \| 2,746 sq.ft.	$209,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.36% Airbnb Rental Income: $null Traditional Rental Income: $2522 Airbnb ROI: N/A Traditional ROI: 10.36%
554 Fairlawn Avenue Painesville, OH	3 beds \| 2 baths \| 936 sq.ft.	$115,000	Airbnb cash on cash: 6.65% Traditional cash on cash: 10.22% Airbnb Rental Income: $1545 Traditional Rental Income: $1495 Airbnb ROI: 6.65% Traditional ROI: 10.22%
50 Casement Avenue Painesville, OH Lovingly updated with lots of care! This 3 bedroom Colonial is ready for you! Updates incl...	3 beds \| 2 baths \| 1,464 sq.ft.	$187,000	Airbnb cash on cash: 3.54% Traditional cash on cash: 8.15% Airbnb Rental Income: $1545 Traditional Rental Income: $1918 Airbnb ROI: 3.54% Traditional ROI: 8.15%
7802 Hunting Lake Drive Painesville, OH Welcome to upscale, low-maintenance living in the highly sought-after Quail Hollow communi...	2 beds \| 2 baths \| 3,384 sq.ft.	$584,900	Airbnb cash on cash: -1% Traditional cash on cash: 1.1% Airbnb Rental Income: $1133 Traditional Rental Income: $1904 Airbnb ROI: -1% Traditional ROI: 1.1%
6635 Taylor Road Painesville, OH Step into your 3-bedroom, 2-bath retreat on 1.64 acres! Major recent upgrades include a br...	3 beds \| 2 baths \| 1,848 sq.ft.	$345,000	Airbnb cash on cash: 1.4% Traditional cash on cash: 4.64% Airbnb Rental Income: $1545 Traditional Rental Income: $2150 Airbnb ROI: 1.4% Traditional ROI: 4.64%
615 Trailwood Drive Painesville, OH Welcome home to this spacious and inviting split level offering room to spread out both in...	3 beds \| 2 baths \| 1,468 sq.ft.	$225,000	Airbnb cash on cash: 2.6% Traditional cash on cash: 5.93% Airbnb Rental Income: $1545 Traditional Rental Income: $1807 Airbnb ROI: 2.6% Traditional ROI: 5.93%
6475 Taylor Road Painesville, OH This private 12.94-acre estate offers 981 Acres Hell Hollow Wilderness Area includes Pains...	3 beds \| 2 baths \| 3,940 sq.ft.	$645,000	Airbnb cash on cash: -0.49% Traditional cash on cash: 0.9% Airbnb Rental Income: $1545 Traditional Rental Income: $1935 Airbnb ROI: -0.49% Traditional ROI: 0.9%
695 Meadowlark Road Painesville, OH Welcome Home to This Turn-Key Colonial in Painesville Township! Nestled on a quiet cul-de-...	4 beds \| 3 baths \| 2,092 sq.ft.	$400,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 5.12% Airbnb Rental Income: $1504 Traditional Rental Income: $2814 Airbnb ROI: 0.45% Traditional ROI: 5.12%
2542 Circle Drive Painesville, OH Looking for a little more room to spread out, entertain, pursue hobbies, or simply enjoy t...	3 beds \| 1 baths \| 1,507 sq.ft.	$179,000	Airbnb cash on cash: 3.07% Traditional cash on cash: 5.28% Airbnb Rental Income: $1545 Traditional Rental Income: $1475 Airbnb ROI: 3.07% Traditional ROI: 5.28%
86 Hartshorn Drive Painesville, OH Welcome to this beautifully maintained 3-bedroom, 1.5-bath Colonial in Painesville, a home...	3 beds \| 2 baths \| 1,580 sq.ft.	$209,999	Airbnb cash on cash: 2.73% Traditional cash on cash: 6.97% Airbnb Rental Income: $1545 Traditional Rental Income: $1943 Airbnb ROI: 2.73% Traditional ROI: 6.97%
747 Rivers Edge Lane Painesville, OH Beautiful ranch condo on the River! Large great room with marble gas fireplace. Open kitch...	2 beds \| 2 baths \| 1,382 sq.ft.	$254,900	Airbnb cash on cash: 0.51% Traditional cash on cash: 5.19% Airbnb Rental Income: $1133 Traditional Rental Income: $1881 Airbnb ROI: 0.51% Traditional ROI: 5.19%
7882 Fox Hunter Lane Painesville, OH Luxury Custom Home with Exceptional Upgrades Throughout Welcome to this stunning custom-bu...	3 beds \| 4 baths \| 3,809 sq.ft.	$999,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 1.11% Airbnb Rental Income: $1545 Traditional Rental Income: $2988 Airbnb ROI: -0.92% Traditional ROI: 1.11%
566 Colonial Drive Painesville, OH One owner home. Close to schools, shopping, and medical services. Minutes to State Rte. 44...	3 beds \| 3 baths \| 3,143 sq.ft.	$389,900	Airbnb cash on cash: 0.69% Traditional cash on cash: 4.59% Airbnb Rental Income: $1545 Traditional Rental Income: $2528 Airbnb ROI: 0.69% Traditional ROI: 4.59%
988 Tradewinds Cove Painesville, OH Welcome home to 988 Tradewinds Cove, a bright and welcoming townhouse condo located in the...	3 beds \| 3 baths \| 1,482 sq.ft.	$224,900	Airbnb cash on cash: 2.42% Traditional cash on cash: 6.71% Airbnb Rental Income: $1545 Traditional Rental Income: $2011 Airbnb ROI: 2.42% Traditional ROI: 6.71%
44 N Doan Avenue Painesville, OH Welcome to 44 N Doan Avenue located in Painesville Twp near the Mentor border. This beauti...	4 beds \| 2 baths \| 2,356 sq.ft.	$374,900	Airbnb cash on cash: 0.67% Traditional cash on cash: 4.54% Airbnb Rental Income: $1504 Traditional Rental Income: $2427 Airbnb ROI: 0.67% Traditional ROI: 4.54%
44 Fruitland Avenue Painesville, OH Welcome home to this well-maintained Cape Cod situated on a beautifully landscaped .45-acr...	4 beds \| 3 baths \| 2,858 sq.ft.	$299,900	Airbnb cash on cash: 1% Traditional cash on cash: 7.81% Airbnb Rental Income: $1504 Traditional Rental Income: $2986 Airbnb ROI: 1% Traditional ROI: 7.81%
190 Meriden Road Painesville, OH Welome to this newly remodeled home in south Painesville! Great care has been taken to bea...	3 beds \| 3 baths \| 1,585 sq.ft.	$249,000	Airbnb cash on cash: 2.44% Traditional cash on cash: 7.37% Airbnb Rental Income: $1545 Traditional Rental Income: $2258 Airbnb ROI: 2.44% Traditional ROI: 7.37%

Real Estate investment in Painesville, OH

There are 58 properties for sale in the city of Painesville . The median list price in Painesville is $202,395 and the average price per square foot is $98. In June 2026, the average monthly cash on cash return in Painesville is 5.00%. The average monthly rental income in Painesville is $1,902.

Painesville, OH Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 58 investment properties available for sale in Painesville.

In 2026, the best neighborhood to buy investment property is Painesville.

The ROI for Long-Term is higher than the Short-Term in Painesville with average rental income of $1,902.

Your search for investment property begins and ends here

Investment Property for Sale in Painesville, OH

421 Greenfield Lane

Painesville, OH

4 beds | 4 baths | 3,031 sq.ft.

$424,900

Airbnb cash on cash: 0.28%

Traditional cash on cash: 5.95%

Airbnb Rental Income: $1504

Traditional Rental Income: $3320

Airbnb ROI: 0.28%

Traditional ROI: 5.95%

175 Wood Street

Painesville, OH

4 beds | 3 baths | 2,001 sq.ft.

$209,999

Airbnb cash on cash: 2%

Traditional cash on cash: 9.32%

Airbnb Rental Income: $1504

Traditional Rental Income: $2522

Airbnb ROI: 2%

Traditional ROI: 9.32%

563 Colonial Drive

Painesville, OH

3 beds | 3 baths | 2,617 sq.ft.

$365,000

Airbnb cash on cash: 0.65%

Traditional cash on cash: 4.89%

Airbnb Rental Income: $1545

Traditional Rental Income: $2549

Airbnb ROI: 0.65%

Traditional ROI: 4.89%

764 N Creek Drive

Painesville, OH

2 beds | 2 baths | N/A

$186,500

Airbnb cash on cash: 0.4%

Traditional cash on cash: 6.12%

Airbnb Rental Income: $1133

Traditional Rental Income: $1770

Airbnb ROI: 0.4%

Traditional ROI: 6.12%

113 Palm Court

Painesville, OH

3 beds | 2 baths | 1,591 sq.ft.

$214,900

Airbnb cash on cash: 2.03%

Traditional cash on cash: 4.77%

Airbnb Rental Income: $1545

Traditional Rental Income: $1658

Airbnb ROI: 2.03%

Traditional ROI: 4.77%

21 Urban Street

Painesville, OH

4 beds | 2 baths | 2,530 sq.ft.

$205,000

Airbnb cash on cash: 2.82%

Traditional cash on cash: 9.53%

Airbnb Rental Income: $1504

Traditional Rental Income: $2370

Airbnb ROI: 2.82%

Traditional ROI: 9.53%

1411 Elizabeth Boulevard

Painesville, OH

4 beds | 3 baths | 1,680 sq.ft.

$324,900

Airbnb cash on cash: 0.6%

Traditional cash on cash: 4.92%

Airbnb Rental Income: $1504

Traditional Rental Income: $2384

Airbnb ROI: 0.6%

Traditional ROI: 4.92%

305 Mentor Avenue

Painesville, OH

4 beds | 4 baths | 3,634 sq.ft.

$380,000

Airbnb cash on cash: 0.54%

Traditional cash on cash: 8.24%

Airbnb Rental Income: $1504

Traditional Rental Income: $3809

Airbnb ROI: 0.54%