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
408 S State Street Painesville, OH Are you ready to blend your dream of modern farmhouse living with the convenience of city ...	4 beds \| 2 baths \| 1,667 sq.ft.	$228,000	Airbnb cash on cash: 6.86% Traditional cash on cash: 7.32% Airbnb Rental Income: $2635 Traditional Rental Income: $2106 Airbnb ROI: 6.86% Traditional ROI: 7.32%
414 Liberty Street Painesville, OH Welcome to 414 Liberty Street in Painesville! This beautifully updated home offers 1,868 s...	3 beds \| 1 baths \| 1,868 sq.ft.	$225,000	Airbnb cash on cash: 3.91% Traditional cash on cash: 4.03% Airbnb Rental Income: $1917 Traditional Rental Income: $1433 Airbnb ROI: 3.91% Traditional ROI: 4.03%
547 Greenside Drive Painesville, OH Welcome to this fantastic attached single-family home! Featuring a first-floor primary bed...	3 beds \| 2 baths \| 1,338 sq.ft.	$214,900	Airbnb cash on cash: 4.28% Traditional cash on cash: 6.95% Airbnb Rental Income: $1917 Traditional Rental Income: $1951 Airbnb ROI: 4.28% Traditional ROI: 6.95%
77 Maple Spring Drive Painesville, OH Step into comfort and convenience with this beautifully presented townhome in the sought-a...	3 beds \| 2 baths \| N/A	$204,000	Airbnb cash on cash: 4.39% Traditional cash on cash: 7.68% Airbnb Rental Income: $1917 Traditional Rental Income: $2046 Airbnb ROI: 4.39% Traditional ROI: 7.68%
408 Fiddlers Way Painesville, OH Welcome to this lovely condo in a desirable location. Step into the bright, spacious livin...	2 beds \| 3 baths \| N/A	$245,000	Airbnb cash on cash: 1.57% Traditional cash on cash: 5.19% Airbnb Rental Income: $1705 Traditional Rental Income: $2070 Airbnb ROI: 1.57% Traditional ROI: 5.19%
401 Roberta Drive Painesville, OH Come take a look at this 3 bed 2 bath colonial in Painesville Township and Riverside Schoo...	3 beds \| 2 baths \| 1,440 sq.ft.	$310,000	Airbnb cash on cash: 2.24% Traditional cash on cash: 4.44% Airbnb Rental Income: $1917 Traditional Rental Income: $2050 Airbnb ROI: 2.24% Traditional ROI: 4.44%
958 Tradewinds Cove Painesville, OH Lake Living with a Laid-Back Vibe. Welcome to 958 Tradewinds Cove, a beautifully maintaine...	3 beds \| 3 baths \| 1,746 sq.ft.	$220,000	Airbnb cash on cash: 2.76% Traditional cash on cash: 6.9% Airbnb Rental Income: $1917 Traditional Rental Income: $2270 Airbnb ROI: 2.76% Traditional ROI: 6.9%
993 Larchview Drive Painesville, OH Bursting with charm, this spacious 2,400 sq ft home sits in a beautiful, welcoming neighbo...	4 beds \| 3 baths \| 2,398 sq.ft.	$324,900	Airbnb cash on cash: 4.11% Traditional cash on cash: 7.36% Airbnb Rental Income: $2635 Traditional Rental Income: $3001 Airbnb ROI: 4.11% Traditional ROI: 7.36%
113 Palm Court Painesville, OH Riverwood Village....Welcome to this newer 3 Bedroom & 2 Full Bath Modern Townhouse! Only ...	3 beds \| 2 baths \| 1,591 sq.ft.	$205,000	Airbnb cash on cash: 3.75% Traditional cash on cash: 5.04% Airbnb Rental Income: $1917 Traditional Rental Income: $1658 Airbnb ROI: 3.75% Traditional ROI: 5.04%
799 Pine Spring Drive Painesville, OH This beautiful home combines the comfort of single-family living with the ease of a townho...	3 beds \| 2 baths \| 1,591 sq.ft.	$225,000	Airbnb cash on cash: 3.31% Traditional cash on cash: 6.38% Airbnb Rental Income: $1917 Traditional Rental Income: $2063 Airbnb ROI: 3.31% Traditional ROI: 6.38%
1865 Marsh Lane Painesville, OH Experience the Ease of Condo Living in the Highly Sought After Marsh Lane Development of P...	2 beds \| 3 baths \| 1,900 sq.ft.	$244,900	Airbnb cash on cash: 1.14% Traditional cash on cash: 6.9% Airbnb Rental Income: $1705 Traditional Rental Income: $2565 Airbnb ROI: 1.14% Traditional ROI: 6.9%
196 Raintree Lane Painesville, OH Beautiful, 2-year-old, highly desirable end-unit 3-story townhouse condo featuring 3 bedro...	3 beds \| 2 baths \| 1,610 sq.ft.	$210,000	Airbnb cash on cash: 3.74% Traditional cash on cash: 8.22% Airbnb Rental Income: $1917 Traditional Rental Income: $2300 Airbnb ROI: 3.74% Traditional ROI: 8.22%
838 Riverside Drive Painesville, OH MOVE RIGHT INTO THIS COMPLETELY renovated 3-bedroom, 2.5 bath ranch on 1.06 acres with ove...	3 beds \| 3 baths \| 2,135 sq.ft.	$349,900	Airbnb cash on cash: 1.87% Traditional cash on cash: 1.29% Airbnb Rental Income: $1917 Traditional Rental Income: $1218 Airbnb ROI: 1.87% Traditional ROI: 1.29%
1747 McKinley Lane Painesville, OH Immediate move in available! This ranch floorplan will give you all the space you are look...	4 beds \| 3 baths \| 2,696 sq.ft.	$384,990	Airbnb cash on cash: 2.51% Traditional cash on cash: 4.6% Airbnb Rental Income: $2635 Traditional Rental Income: $2764 Airbnb ROI: 2.51% Traditional ROI: 4.6%
2301 Northway Drive Painesville, OH	2 beds \| 2 baths \| N/A	$142,500	Airbnb cash on cash: 4.08% Traditional cash on cash: 8.72% Airbnb Rental Income: $1705 Traditional Rental Income: $1866 Airbnb ROI: 4.08% Traditional ROI: 8.72%
7311 Players Club Drive unit: 13 #13 Painesville, OH Desirable, freestanding Players Club condominium overlooking the Devlin Golf Course at Qua...	3 beds \| 3 baths \| 3,208 sq.ft.	$425,000	Airbnb cash on cash: -0.36% Traditional cash on cash: 2.32% Airbnb Rental Income: $1917 Traditional Rental Income: $2478 Airbnb ROI: -0.36% Traditional ROI: 2.32%
941 North Avenue Painesville, OH Welcome to this bright and spacious B-level single-family home offering 2,141 sq ft of ful...	5 beds \| 2 baths \| 2,141 sq.ft.	$268,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.48% Airbnb Rental Income: $null Traditional Rental Income: $2286 Airbnb ROI: N/A Traditional ROI: 6.48%
254 S State Street Painesville, OH This Jonathan Goldsmith home was built in 1847, as the right wing of the original Judge Re...	2 beds \| 2 baths \| N/A	$224,900	Airbnb cash on cash: 3.54% Traditional cash on cash: 6.13% Airbnb Rental Income: $1705 Traditional Rental Income: $1785 Airbnb ROI: 3.54% Traditional ROI: 6.13%
30 Orton Road Painesville, OH Welcome to this beautifully updated and incredibly well-maintained 3 bed, 3 bath home set ...	3 beds \| 3 baths \| 1,998 sq.ft.	$269,900	Airbnb cash on cash: 2.71% Traditional cash on cash: 7.56% Airbnb Rental Income: $1917 Traditional Rental Income: $2644 Airbnb ROI: 2.71% Traditional ROI: 7.56%
498 Fairlawn Avenue Painesville, OH Step into modern elegance with this stylish 3-bedroom, 2-bathroom ranch, delivering 1,200 ...	3 beds \| 2 baths \| 1,200 sq.ft.	$224,900	Airbnb cash on cash: 3.64% Traditional cash on cash: 5.62% Airbnb Rental Income: $1917 Traditional Rental Income: $1829 Airbnb ROI: 3.64% Traditional ROI: 5.62%
502 Fairlawn Avenue Painesville, OH Step into modern elegance with this stylish 3-bedroom, 2-bathroom ranch, delivering 1,200 ...	3 beds \| 2 baths \| 1,200 sq.ft.	$224,900	Airbnb cash on cash: 5.15% Traditional cash on cash: 7.12% Airbnb Rental Income: $1917 Traditional Rental Income: $1829 Airbnb ROI: 5.15% Traditional ROI: 7.12%
7181 N Churchill Place Painesville, OH Welcome to this beautifully maintained 2-bedroom, 1.5-bath condo offering comfort, flexibi...	2 beds \| 2 baths \| 1,742 sq.ft.	$179,900	Airbnb cash on cash: 2.48% Traditional cash on cash: 6.44% Airbnb Rental Income: $1705 Traditional Rental Income: $1909 Airbnb ROI: 2.48% Traditional ROI: 6.44%
1293 W Jackson Street Painesville, OH Welcome to 1293 West Jackson Street - A Peaceful Retreat with Modern Updates Tucked away o...	2 beds \| 2 baths \| 1,096 sq.ft.	$134,900	Airbnb cash on cash: 6.72% Traditional cash on cash: 8.64% Airbnb Rental Income: $1705 Traditional Rental Income: $1481 Airbnb ROI: 6.72% Traditional ROI: 8.64%
153 N Doan Avenue Painesville, OH Welcome to this charming 3-bedroom ranch tucked away in desirable Painesville Township! St...	3 beds \| 2 baths \| 1,526 sq.ft.	$244,977	Airbnb cash on cash: 3.06% Traditional cash on cash: 5.42% Airbnb Rental Income: $1917 Traditional Rental Income: $1956 Airbnb ROI: 3.06% Traditional ROI: 5.42%
24 Iroquois Avenue Painesville, OH Experience the beauty of Lake Erie living at this unique lakefront property offering .80 a...	2 beds \| 1 baths \| 684 sq.ft.	$250,000	Airbnb cash on cash: 3.41% Traditional cash on cash: 3.1% Airbnb Rental Income: $1705 Traditional Rental Income: $1159 Airbnb ROI: 3.41% Traditional ROI: 3.1%
873 N Saint Clair Street Painesville, OH Charming and move-in ready 3-bedroom, 1-bath Colonial with numerous recent upgrades! This ...	3 beds \| 1 baths \| 1,204 sq.ft.	$189,900	Airbnb cash on cash: 5.25% Traditional cash on cash: 5.47% Airbnb Rental Income: $1917 Traditional Rental Income: $1449 Airbnb ROI: 5.25% Traditional ROI: 5.47%
125 Stratford Road Painesville, OH Welcome home to this classic 4-bedroom, 2-bath red brick ranch with crisp white trim, nest...	4 beds \| 2 baths \| 2,234 sq.ft.	$314,900	Airbnb cash on cash: 4% Traditional cash on cash: 5.26% Airbnb Rental Income: $2635 Traditional Rental Income: $2380 Airbnb ROI: 4% Traditional ROI: 5.26%
1160 Riverside Drive Painesville, OH Welcome to your hidden retreat in Painesville Twp, a truly unique five-level split home ne...	3 beds \| 3 baths \| 3,628 sq.ft.	$595,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 1.91% Airbnb Rental Income: $1917 Traditional Rental Income: $2390 Airbnb ROI: 0.14% Traditional ROI: 1.91%
1145 N Saint Clair Street Painesville, OH Experience the ultimate in waterfront living with this rare riverfront treasure, offering ...	3 beds \| 3 baths \| N/A	$570,000	Airbnb cash on cash: 0.66% Traditional cash on cash: 2.89% Airbnb Rental Income: $1917 Traditional Rental Income: $2596 Airbnb ROI: 0.66% Traditional ROI: 2.89%
487 N Ashwood Lane Painesville, OH Tucked away in the highly sought-after Heisley Park neighborhood of Painesville, within th...	4 beds \| 4 baths \| 3,631 sq.ft.	$450,000	Airbnb cash on cash: 2.22% Traditional cash on cash: 6.75% Airbnb Rental Income: $2635 Traditional Rental Income: $3914 Airbnb ROI: 2.22% Traditional ROI: 6.75%
10243 Cherry Hill Drive Painesville, OH Welcome to 10243 Cherry Hill Dr. in beautiful Concord! This charming ranch offers the ease...	4 beds \| 3 baths \| 2,281 sq.ft.	$360,000	Airbnb cash on cash: 3.44% Traditional cash on cash: 5.38% Airbnb Rental Income: $2635 Traditional Rental Income: $2664 Airbnb ROI: 3.44% Traditional ROI: 5.38%
1932 Pinewood Lane Painesville, OH Welcome home to this spacious 4 Br 3.5 bath Colonial in the popular Heisley Park Developme...	4 beds \| 4 baths \| 3,590 sq.ft.	$399,900	Airbnb cash on cash: 2.61% Traditional cash on cash: 7.36% Airbnb Rental Income: $2635 Traditional Rental Income: $3790 Airbnb ROI: 2.61% Traditional ROI: 7.36%
321 Manhattan Parkway Painesville, OH Welcome to 321 Manhattan Parkway Painesville Twp! Nestled in a Much Sought After Neighborh...	3 beds \| 2 baths \| 1,766 sq.ft.	$299,900	Airbnb cash on cash: 2.59% Traditional cash on cash: 5.67% Airbnb Rental Income: $1917 Traditional Rental Income: $2279 Airbnb ROI: 2.59% Traditional ROI: 5.67%
7771 Lester Drive Painesville, OH Welcome to 7771 Lester Dr, Painesville, OH! Discover this charming and well-maintained ran...	3 beds \| 2 baths \| N/A	$350,000	Airbnb cash on cash: 2.37% Traditional cash on cash: 3.84% Airbnb Rental Income: $1917 Traditional Rental Income: $1894 Airbnb ROI: 2.37% Traditional ROI: 3.84%
728 Rivers Edge Lane Painesville, OH Just move in! Beautiful condo in The Retreat at Rivers Edge. Home features 2 bedrooms and ...	2 beds \| 2 baths \| 1,178 sq.ft.	$229,900	Airbnb cash on cash: 3.03% Traditional cash on cash: 4.92% Airbnb Rental Income: $1705 Traditional Rental Income: $1645 Airbnb ROI: 3.03% Traditional ROI: 4.92%
1110 W Jackson Street Painesville, OH Welcome to 1110 W Jackson St., a meticulously maintained century home situated on 1.35 acr...	3 beds \| 1 baths \| N/A	$169,900	Airbnb cash on cash: 5.9% Traditional cash on cash: 6.01% Airbnb Rental Income: $1917 Traditional Rental Income: $1427 Airbnb ROI: 5.9% Traditional ROI: 6.01%
860 Park Road Painesville, OH This fully renovated home features 3 bedrooms and 2 full bathrooms with a thoughtful and f...	3 beds \| 2 baths \| 1,484 sq.ft.	$249,900	Airbnb cash on cash: 3.72% Traditional cash on cash: 5.89% Airbnb Rental Income: $1917 Traditional Rental Income: $1920 Airbnb ROI: 3.72% Traditional ROI: 5.89%
54 Park Road Painesville, OH This 4 Bed with a bath and a half has what you're looking for! The unique design in the Bi...	5 beds \| 2 baths \| 1,798 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.03% Airbnb Rental Income: $null Traditional Rental Income: $2212 Airbnb ROI: N/A Traditional ROI: 6.03%
1000 Meigs Avenue Painesville, OH For the one who craves more than just a house. Set on nearly an acre in Painesville Townsh...	3 beds \| 3 baths \| 2,268 sq.ft.	$360,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 4.88% Airbnb Rental Income: $1917 Traditional Rental Income: $2542 Airbnb ROI: 1.53% Traditional ROI: 4.88%

Real Estate investment in Painesville, OH

There are 63 properties for sale in the city of Painesville . The median list price in Painesville is $244,977 and the average price per square foot is $130. In September 2025, the average monthly cash on cash return in Painesville is 6.00%. The average monthly rental income in Painesville is $1,954.

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

There are 63 investment properties available for sale in Painesville.

In 2025, 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 $1,954.

Your search for investment property begins and ends here

Investment Property for Sale in Painesville, OH

408 S State Street

Painesville, OH

4 beds | 2 baths | 1,667 sq.ft.

$228,000

Airbnb cash on cash: 6.86%

Traditional cash on cash: 7.32%

Airbnb Rental Income: $2635

Traditional Rental Income: $2106

Airbnb ROI: 6.86%

Traditional ROI: 7.32%

414 Liberty Street

Painesville, OH

3 beds | 1 baths | 1,868 sq.ft.

$225,000

Airbnb cash on cash: 3.91%

Traditional cash on cash: 4.03%

Airbnb Rental Income: $1917

Traditional Rental Income: $1433

Airbnb ROI: 3.91%

Traditional ROI: 4.03%

547 Greenside Drive

Painesville, OH

3 beds | 2 baths | 1,338 sq.ft.

$214,900

Airbnb cash on cash: 4.28%

Traditional cash on cash: 6.95%

Airbnb Rental Income: $1917

Traditional Rental Income: $1951

Airbnb ROI: 4.28%

Traditional ROI: 6.95%

77 Maple Spring Drive

Painesville, OH

3 beds | 2 baths | N/A

$204,000

Airbnb cash on cash: 4.39%

Traditional cash on cash: 7.68%

Airbnb Rental Income: $1917

Traditional Rental Income: $2046

Airbnb ROI: 4.39%

Traditional ROI: 7.68%

408 Fiddlers Way

Painesville, OH

2 beds | 3 baths | N/A

$245,000

Airbnb cash on cash: 1.57%

Traditional cash on cash: 5.19%

Airbnb Rental Income: $1705

Traditional Rental Income: $2070

Airbnb ROI: 1.57%

Traditional ROI: 5.19%

401 Roberta Drive

Painesville, OH

3 beds | 2 baths | 1,440 sq.ft.

$310,000

Airbnb cash on cash: 2.24%

Traditional cash on cash: 4.44%

Airbnb Rental Income: $1917

Traditional Rental Income: $2050

Airbnb ROI: 2.24%

Traditional ROI: 4.44%

958 Tradewinds Cove

Painesville, OH

3 beds | 3 baths | 1,746 sq.ft.

$220,000

Airbnb cash on cash: 2.76%

Traditional cash on cash: 6.9%

Airbnb Rental Income: $1917

Traditional Rental Income: $2270

Airbnb ROI: 2.76%

Traditional ROI: 6.9%

993 Larchview Drive

Painesville, OH

4 beds | 3 baths | 2,398 sq.ft.

$324,900

Airbnb cash on cash: 4.11%

Traditional cash on cash: 7.36%

Airbnb Rental Income: $2635

Traditional Rental Income: $3001

Airbnb ROI: 4.11%