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
1455 Welch Road Painesville, OH Discover the ultimate in convenience and comfort at this exceptional Cedar Glen condo. Wit...	3 beds \| 3 baths \| N/A	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.51% Airbnb Rental Income: $null Traditional Rental Income: $2364 Airbnb ROI: N/A Traditional ROI: 10.51%
414 Liberty St 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.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.01% Airbnb Rental Income: $null Traditional Rental Income: $1433 Airbnb ROI: N/A Traditional ROI: 6.01%
305 Mentor Ave Painesville, OH This 4-bedroom, 4-bath charmer sits in one of Painesville's prettiest historic pockets-clo...	4 beds \| 4 baths \| 2,734 sq.ft.	$400,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.47% Airbnb Rental Income: $null Traditional Rental Income: $3809 Airbnb ROI: N/A Traditional ROI: 7.47%
1997 Spruce Ln Painesville, OH Your favorite lively development has another opportunity for you to move in! Come check th...	4 beds \| 2 baths \| N/A	$379,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.33% Airbnb Rental Income: $null Traditional Rental Income: $2145 Airbnb ROI: N/A Traditional ROI: 3.33%
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.	$249,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.24% Airbnb Rental Income: $null Traditional Rental Income: $2644 Airbnb ROI: N/A Traditional ROI: 8.24%
498 Fairlawn Ave 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: N/A Traditional cash on cash: 5.62% Airbnb Rental Income: $null Traditional Rental Income: $1829 Airbnb ROI: N/A Traditional ROI: 5.62%
502 Fairlawn Ave 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: N/A Traditional cash on cash: 7.12% Airbnb Rental Income: $null Traditional Rental Income: $1829 Airbnb ROI: N/A Traditional ROI: 7.12%
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	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.03% Airbnb Rental Income: $null Traditional Rental Income: $2596 Airbnb ROI: N/A Traditional ROI: 3.03%
7771 Lester Dr Painesville, OH Situated on a 1.09 acre lot with deep setback off Lester Drive; a dead-end street. Very we...	3 beds \| 1 baths \| 2,390 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.08% Airbnb Rental Income: $null Traditional Rental Income: $1894 Airbnb ROI: N/A Traditional ROI: 4.08%
583 Trailwood Drive Painesville, OH This home has been waiting for you! With fresh paint and brand-new carpet, there's nothing...	4 beds \| 3 baths \| 1,944 sq.ft.	$255,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.8% Airbnb Rental Income: $null Traditional Rental Income: $2563 Airbnb ROI: N/A Traditional ROI: 7.8%
823 Homewood Drive Painesville, OH This stunning four bedroom three bath home is the perfect blend of comfort and style, maki...	4 beds \| 3 baths \| 3,846 sq.ft.	$229,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.35% Airbnb Rental Income: $null Traditional Rental Income: $2646 Airbnb ROI: N/A Traditional ROI: 9.35%
6240 Colleen Dr Painesville, OH Welcome to this well-cared-for 4-bedroom, 2.5-bath colonial, set on a spacious half-acre l...	4 beds \| 2 baths \| 2,387 sq.ft.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.62% Airbnb Rental Income: $null Traditional Rental Income: $2853 Airbnb ROI: N/A Traditional ROI: 4.62%
6132 Paine Road Painesville, OH This Updated 4-Level Split sits on just over 8 Park-like Secluded Acres in Leroy Twp! Set ...	3 beds \| 2 baths \| 2,054 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.81% Airbnb Rental Income: $null Traditional Rental Income: $2239 Airbnb ROI: N/A Traditional ROI: 3.81%
477 Henry St Painesville, OH Spacious ranch home on a large half-acre lot with a two-car garage. Features one oversized...	2 beds \| 1 baths \| N/A	$99,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.45% Airbnb Rental Income: $null Traditional Rental Income: $1205 Airbnb ROI: N/A Traditional ROI: 7.45%
322 Chesapeake Cove Painesville, OH HOME SWEET HOME awaits you in this spacious 4 bedroom, 2 bath home with a cathedral ceilin...	4 beds \| 2 baths \| 2,389 sq.ft.	$259,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.13% Airbnb Rental Income: $null Traditional Rental Income: $2947 Airbnb ROI: N/A Traditional ROI: 9.13%
1651 Mentor Avenue unit: 1308 #1308 Painesville, OH Absolutely Stunning Renovation, New furnace, HWT and A/C, kitchen features Quartz countert...	3 beds \| 2 baths \| N/A	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.03% Airbnb Rental Income: $null Traditional Rental Income: $1714 Airbnb ROI: N/A Traditional ROI: 8.03%
1536 Commodore Cove Painesville, OH Enjoy One Floor Living in this 3 Bedroom & 3 Full Bath Ranch in Lake Erie Shores! This won...	3 beds \| 3 baths \| 3,367 sq.ft.	$312,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.03% Airbnb Rental Income: $null Traditional Rental Income: $2663 Airbnb ROI: N/A Traditional ROI: 6.03%
163 Hawthorne Dr Painesville, OH Welcome to your new home, a beautifully remodeled and spacious colonial nestled in a frien...	4 beds \| 2 baths \| 1,632 sq.ft.	$254,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.81% Airbnb Rental Income: $null Traditional Rental Income: $2099 Airbnb ROI: N/A Traditional ROI: 5.81%
704 Rivers Edge Lane Painesville, OH The Retreat at Rivers Edge is a proven winner - strategically planned development, nice de...	2 beds \| 2 baths \| 1,370 sq.ft.	$279,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.14% Airbnb Rental Income: $null Traditional Rental Income: $1792 Airbnb ROI: N/A Traditional ROI: 3.14%
959 Madison Ave Painesville, OH Historic home on nearly 1/2 acre offering strong upside for investors, renovators, or cont...	3 beds \| 1 baths \| 1,653 sq.ft.	$100,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.41% Airbnb Rental Income: $null Traditional Rental Income: $1532 Airbnb ROI: N/A Traditional ROI: 7.41%
1885 Marsh Lane Painesville, OH Condominium in Painesville Township offering low-maintenance living and a functional layou...	3 beds \| 3 baths \| 1,900 sq.ft.	$255,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.9% Airbnb Rental Income: $null Traditional Rental Income: $2569 Airbnb ROI: N/A Traditional ROI: 6.9%
1885 Marsh Ln Painesville, OH 1885 Marsh Ln, Painesville, OH 44077 \| Condo/Coop	3 beds \| 2 baths \| 1,900 sq.ft.	$255,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.78% Airbnb Rental Income: $null Traditional Rental Income: $1235 Airbnb ROI: N/A Traditional ROI: 0.78%
714 Rivers Edge Lane Painesville, OH You will want to come and see this beautiful loved and maintained home located on a large ...	2 beds \| 2 baths \| 1,190 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.06% Airbnb Rental Income: $null Traditional Rental Income: $3230 Airbnb ROI: N/A Traditional ROI: 10.06%
7911 Brushwood Ln Painesville, OH 7911 Brushwood Ln, Painesville, OH 44077 \| Condo/Coop	3 beds \| 2 baths \| 2,093 sq.ft.	$525,900	Airbnb cash on cash: N/A Traditional cash on cash: -0.77% Airbnb Rental Income: $null Traditional Rental Income: $1235 Airbnb ROI: N/A Traditional ROI: -0.77%
WINDSOR Plan Painesville, OH	3 beds \| 3 baths \| 2,566 sq.ft.	$530,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.87% Airbnb Rental Income: $null Traditional Rental Income: $1235 Airbnb ROI: N/A Traditional ROI: -0.87%
Lehigh Plan Painesville, OH	4 beds \| 2 baths \| 3,010 sq.ft.	$409,990	Airbnb cash on cash: N/A Traditional cash on cash: -0.44% Airbnb Rental Income: $null Traditional Rental Income: $902 Airbnb ROI: N/A Traditional ROI: -0.44%
Columbia Plan Painesville, OH	4 beds \| 2 baths \| 2,424 sq.ft.	$384,990	Airbnb cash on cash: N/A Traditional cash on cash: 2.49% Airbnb Rental Income: $null Traditional Rental Income: $1910 Airbnb ROI: N/A Traditional ROI: 2.49%
Anderson Plan Painesville, OH	3 beds \| 2 baths \| 2,294 sq.ft.	$389,990	Airbnb cash on cash: N/A Traditional cash on cash: 0.58% Airbnb Rental Income: $null Traditional Rental Income: $1235 Airbnb ROI: N/A Traditional ROI: 0.58%
48 Blue Heron Ct Painesville, OH 48 Blue Heron Ct, Painesville, OH 44077 \| Other	N/A beds \| N/A baths \| N/A	$60,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.82% Airbnb Rental Income: $null Traditional Rental Income: $367 Airbnb ROI: N/A Traditional ROI: 1.82%

Real Estate investment in Painesville, OH

There are 65 properties for sale in the city of Painesville . The median list price in Painesville is $225,000 and the average price per square foot is $179. In March 2026, the average monthly cash on cash return in Painesville is 6.00%. The average monthly rental income in Painesville is $1,816.

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

There are 65 investment properties available for sale in Painesville.

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

The ROI for Short-Term is higher than the Long-Term in Painesville with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Painesville, OH

1455 Welch Road

Painesville, OH

3 beds | 3 baths | N/A

$165,000

Airbnb cash on cash: N/A

Traditional cash on cash: 10.51%

Airbnb Rental Income: $null

Traditional Rental Income: $2364

Airbnb ROI: N/A

Traditional ROI: 10.51%

414 Liberty St

Painesville, OH

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

$159,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.01%

Airbnb Rental Income: $null

Traditional Rental Income: $1433

Airbnb ROI: N/A

Traditional ROI: 6.01%

305 Mentor Ave

Painesville, OH

4 beds | 4 baths | 2,734 sq.ft.

$400,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.47%

Airbnb Rental Income: $null

Traditional Rental Income: $3809

Airbnb ROI: N/A

Traditional ROI: 7.47%

1997 Spruce Ln

Painesville, OH

4 beds | 2 baths | N/A

$379,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.33%

Airbnb Rental Income: $null

Traditional Rental Income: $2145

Airbnb ROI: N/A

Traditional ROI: 3.33%

30 Orton Road

Painesville, OH

3 beds | 3 baths | 1,998 sq.ft.

$249,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.24%

Airbnb Rental Income: $null

Traditional Rental Income: $2644

Airbnb ROI: N/A

Traditional ROI: 8.24%

498 Fairlawn Ave

Painesville, OH

3 beds | 2 baths | 1,200 sq.ft.

$224,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.62%

Airbnb Rental Income: $null

Traditional Rental Income: $1829

Airbnb ROI: N/A

Traditional ROI: 5.62%

502 Fairlawn Ave

Painesville, OH

3 beds | 2 baths | 1,200 sq.ft.

$224,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.12%

Airbnb Rental Income: $null

Traditional Rental Income: $1829

Airbnb ROI: N/A

Traditional ROI: 7.12%

1145 N Saint Clair Street

Painesville, OH

3 beds | 3 baths | N/A

$550,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.03%

Airbnb Rental Income: $null

Traditional Rental Income: $2596

Airbnb ROI: N/A