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
1104 Fanwood Court Painesville, OH Beautifully updated 3-bedroom, 2-full-bath home with over 2,000 total square feet, situate...	3 beds \| 2 baths \| 2,035 sq.ft.	$289,900	Airbnb cash on cash: 2.12% Traditional cash on cash: 5.61% Airbnb Rental Income: $1866 Traditional Rental Income: $2318 Airbnb ROI: 2.12% Traditional ROI: 5.61%
303 Ivy Lane Painesville, OH Charming 3-Bedroom End-Unit Condo with Wooded Backyard & Many Upgrades! Don't miss this we...	3 beds \| 2 baths \| 1,060 sq.ft.	$150,000	Airbnb cash on cash: 6% Traditional cash on cash: 7.64% Airbnb Rental Income: $1866 Traditional Rental Income: $1601 Airbnb ROI: 6% Traditional ROI: 7.64%
331 Trailwood Drive Painesville, OH Welcome home to this charming split-level on the desirable Trailwood Drive! Offering the p...	4 beds \| 2 baths \| N/A	$210,000	Airbnb cash on cash: 3.41% Traditional cash on cash: 1.69% Airbnb Rental Income: $1721 Traditional Rental Income: $902 Airbnb ROI: 3.41% Traditional ROI: 1.69%
44 Grove Avenue Painesville, OH Welcome to this charming Cape Cod in beautiful Painesville Township-where city convenience...	2 beds \| 1 baths \| 1,224 sq.ft.	$179,000	Airbnb cash on cash: 2.74% Traditional cash on cash: 4.73% Airbnb Rental Income: $1413 Traditional Rental Income: $1327 Airbnb ROI: 2.74% Traditional ROI: 4.73%
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.	$179,900	Airbnb cash on cash: 4.86% Traditional cash on cash: 5.25% Airbnb Rental Income: $1866 Traditional Rental Income: $1433 Airbnb ROI: 4.86% Traditional ROI: 5.25%
604 Beacon Drive Painesville, OH Beautiful Three Bedroom, Two and Half Bathroom Cape Cod in a very Quiet Neighborhood. This...	3 beds \| 3 baths \| 1,356 sq.ft.	$229,900	Airbnb cash on cash: 3.6% Traditional cash on cash: 6.69% Airbnb Rental Income: $1866 Traditional Rental Income: $2039 Airbnb ROI: 3.6% Traditional ROI: 6.69%
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	$199,000	Airbnb cash on cash: 4.3% Traditional cash on cash: 7.9% Airbnb Rental Income: $1866 Traditional Rental Income: $2046 Airbnb ROI: 4.3% Traditional ROI: 7.9%
961 Beachfront Drive Painesville, OH Welcome to your dream ranch home! This charming three-bedroom, two-full-bath residence is ...	3 beds \| 2 baths \| 1,280 sq.ft.	$250,000	Airbnb cash on cash: 2.96% Traditional cash on cash: 4.54% Airbnb Rental Income: $1866 Traditional Rental Income: $1739 Airbnb ROI: 2.96% Traditional ROI: 4.54%
269 Hale Road Painesville, OH Welcome to this simply adorable 2 bed, 2 bath home in the heart of Painesville Township. T...	2 beds \| 2 baths \| 1,440 sq.ft.	$229,900	Airbnb cash on cash: 1.66% Traditional cash on cash: 5.72% Airbnb Rental Income: $1413 Traditional Rental Income: $1872 Airbnb ROI: 1.66% Traditional ROI: 5.72%
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: 0.52% Traditional cash on cash: 5.19% Airbnb Rental Income: $1413 Traditional Rental Income: $2070 Airbnb ROI: 0.52% Traditional ROI: 5.19%
718 Pine Spring Drive Painesville, OH Beautifully maintained 3 bedroom 2.5 bath condo unit that features granite tops and island...	3 beds \| 3 baths \| 1,560 sq.ft.	$222,500	Airbnb cash on cash: 3.21% Traditional cash on cash: 7.84% Airbnb Rental Income: $1866 Traditional Rental Income: $2341 Airbnb ROI: 3.21% Traditional ROI: 7.84%
942 Penn Place Painesville, OH Beautifully maintained end unit 2-bedroom, 1.5-bath home featuring a functional and inviti...	2 beds \| 2 baths \| 938 sq.ft.	$134,900	Airbnb cash on cash: 2.79% Traditional cash on cash: 6.89% Airbnb Rental Income: $1413 Traditional Rental Income: $1520 Airbnb ROI: 2.79% Traditional ROI: 6.89%
1172 Dalton Drive Painesville, OH ranch design situated on a 100 x 173' lot in quiet Painesville Township location. This hom...	3 beds \| 1 baths \| 1,470 sq.ft.	$242,900	Airbnb cash on cash: 3.17% Traditional cash on cash: 4.59% Airbnb Rental Income: $1866 Traditional Rental Income: $1692 Airbnb ROI: 3.17% Traditional ROI: 4.59%
180 Clairmont Drive Painesville, OH Welcome home to this inviting 3-bedroom, 1-bath ranch tucked away on a quiet, secluded cul...	3 beds \| 1 baths \| 2,048 sq.ft.	$229,900	Airbnb cash on cash: 3.68% Traditional cash on cash: 4.65% Airbnb Rental Income: $1866 Traditional Rental Income: $1576 Airbnb ROI: 3.68% Traditional ROI: 4.65%
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.	$199,900	Airbnb cash on cash: 3.65% Traditional cash on cash: 5.19% Airbnb Rental Income: $1866 Traditional Rental Income: $1658 Airbnb ROI: 3.65% Traditional ROI: 5.19%
1237 Crescent Drive Painesville, OH Welcome to 1237 Crescent Dr! This 3-bedroom, 2 full bath home offers comfort, character, a...	3 beds \| 2 baths \| N/A	$199,900	Airbnb cash on cash: 4.54% Traditional cash on cash: 7.45% Airbnb Rental Income: $1866 Traditional Rental Income: $1919 Airbnb ROI: 4.54% Traditional ROI: 7.45%
1770 N Ashwood Lane Painesville, OH Welcome to this beautifully maintained Colonial-style home offering 3 bedrooms, 2 full bat...	3 beds \| 4 baths \| N/A	$329,900	Airbnb cash on cash: 1.64% Traditional cash on cash: 7.26% Airbnb Rental Income: $1866 Traditional Rental Income: $3109 Airbnb ROI: 1.64% Traditional ROI: 7.26%
1627 Cottontail Court Painesville, OH Welcome to a hidden gem nestled in the heart of Painesville Township. This immaculate 3-be...	3 beds \| 2 baths \| 1,588 sq.ft.	$219,900	Airbnb cash on cash: 2.66% Traditional cash on cash: 5.96% Airbnb Rental Income: $1866 Traditional Rental Income: $2054 Airbnb ROI: 2.66% Traditional ROI: 5.96%
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.	$205,000	Airbnb cash on cash: 3.63% Traditional cash on cash: 8.43% Airbnb Rental Income: $1866 Traditional Rental Income: $2300 Airbnb ROI: 3.63% Traditional ROI: 8.43%
525 Morgan Drive Painesville, OH Welcome to 525 Morgan Street, a beautiful, well-maintained property on an over half-acre l...	4 beds \| 2 baths \| 1,620 sq.ft.	$244,900	Airbnb cash on cash: 2.42% Traditional cash on cash: 3.92% Airbnb Rental Income: $1721 Traditional Rental Income: $1592 Airbnb ROI: 2.42% Traditional ROI: 3.92%
1598 Bogie Lane Painesville, OH Colony beacon Prestige modal Sectional Home in Golfway Pines! 3 bedrooms and 2 full bathro...	3 beds \| 2 baths \| 1,456 sq.ft.	$152,900	Airbnb cash on cash: 6.85% Traditional cash on cash: 9.99% Airbnb Rental Income: $1866 Traditional Rental Income: $1826 Airbnb ROI: 6.85% Traditional ROI: 9.99%
1703 W Jackson Street Painesville, OH Welcome Home to a Beautifully Updated Ranch in Painesville. This spacious 3-bedroom, 2-bat...	3 beds \| 2 baths \| 1,229 sq.ft.	$249,900	Airbnb cash on cash: 2.99% Traditional cash on cash: 5.2% Airbnb Rental Income: $1866 Traditional Rental Income: $1889 Airbnb ROI: 2.99% Traditional ROI: 5.2%
1997 Spruce Lane Painesville, OH This impressive 4-bedroom, 2-bathroom colonial, built in 2016, awaits its new owners. Situ...	4 beds \| 3 baths \| 3,040 sq.ft.	$399,000	Airbnb cash on cash: 0.75% Traditional cash on cash: 3.15% Airbnb Rental Income: $1721 Traditional Rental Income: $2145 Airbnb ROI: 0.75% Traditional ROI: 3.15%
224 Larchwood Drive Painesville, OH Completely renovated and move-in ready, this charming 3-bedroom, 1.5-bath ranch in Painesv...	3 beds \| 2 baths \| 1,456 sq.ft.	$215,000	Airbnb cash on cash: 3.62% Traditional cash on cash: 6.23% Airbnb Rental Income: $1866 Traditional Rental Income: $1897 Airbnb ROI: 3.62% Traditional ROI: 6.23%
1242 Heatherstone Drive Painesville, OH Welcome to 1242 Heatherstone Dr in Painesville Township, OH! This beautiful 3-bedroom, 2.5...	3 beds \| 2 baths \| 1,620 sq.ft.	$269,900	Airbnb cash on cash: 2.54% Traditional cash on cash: 5.79% Airbnb Rental Income: $1866 Traditional Rental Income: $2193 Airbnb ROI: 2.54% Traditional ROI: 5.79%
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.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.01% Airbnb Rental Income: $null Traditional Rental Income: $2286 Airbnb ROI: N/A Traditional ROI: 7.01%
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: 2.82% Traditional cash on cash: 8.24% Airbnb Rental Income: $1866 Traditional Rental Income: $2644 Airbnb ROI: 2.82% Traditional ROI: 8.24%
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: 3.45% Traditional cash on cash: 5.62% Airbnb Rental Income: $1866 Traditional Rental Income: $1829 Airbnb ROI: 3.45% 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: 4.95% Traditional cash on cash: 7.12% Airbnb Rental Income: $1866 Traditional Rental Income: $1829 Airbnb ROI: 4.95% Traditional ROI: 7.12%
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: 5.01% Traditional cash on cash: 5.47% Airbnb Rental Income: $1866 Traditional Rental Income: $1449 Airbnb ROI: 5.01% Traditional ROI: 5.47%
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.	$529,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 2.27% Airbnb Rental Income: $1866 Traditional Rental Income: $2390 Airbnb ROI: 0.2% Traditional ROI: 2.27%
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: 0.63% Traditional cash on cash: 3.03% Airbnb Rental Income: $1866 Traditional Rental Income: $2596 Airbnb ROI: 0.63% Traditional ROI: 3.03%
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.	$255,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.3% Airbnb Rental Income: $null Traditional Rental Income: $2212 Airbnb ROI: N/A Traditional ROI: 6.3%
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: 2.34% Traditional cash on cash: 7.8% Airbnb Rental Income: $1721 Traditional Rental Income: $2563 Airbnb ROI: 2.34% Traditional ROI: 7.8%
43 Bristol Avenue Painesville, OH Welcome to this charming 3-bedroom, 2-bath Colonial that's been beautifully maintained and...	3 beds \| 2 baths \| 1,816 sq.ft.	$249,900	Airbnb cash on cash: 2.88% Traditional cash on cash: 6.36% Airbnb Rental Income: $1866 Traditional Rental Income: $2187 Airbnb ROI: 2.88% Traditional ROI: 6.36%
2051 Kingsborough Drive Painesville, OH Nestled in a desirable quiet neighborhood, this large five-bedroom, three-bath contemporar...	5 beds \| 3 baths \| 3,424 sq.ft.	$407,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.89% Airbnb Rental Income: $null Traditional Rental Income: $3219 Airbnb ROI: N/A Traditional ROI: 5.89%
498 Bank Street Painesville, OH Welcome Home! This beautifully remodeled property has been completely updated from the stu...	4 beds \| 2 baths \| N/A	$257,000	Airbnb cash on cash: 2.63% Traditional cash on cash: 6.89% Airbnb Rental Income: $1721 Traditional Rental Income: $2279 Airbnb ROI: 2.63% Traditional ROI: 6.89%
258 Avery Terrace Painesville, OH Welcome to 258 Avery Terrace, a three-bedroom, one-bath colonial located in the heart of P...	3 beds \| 1 baths \| 1,530 sq.ft.	$130,000	Airbnb cash on cash: 7.79% Traditional cash on cash: 8.8% Airbnb Rental Income: $1866 Traditional Rental Income: $1492 Airbnb ROI: 7.79% Traditional ROI: 8.8%
155 Sanford Street Painesville, OH This beautifully updated 4-bedroom, 1.5-bath home offers modern living with classic charm....	4 beds \| 2 baths \| 1,864 sq.ft.	$239,900	Airbnb cash on cash: 3.17% Traditional cash on cash: 7.62% Airbnb Rental Income: $1721 Traditional Rental Income: $2254 Airbnb ROI: 3.17% Traditional ROI: 7.62%
7236 Cascade Road Painesville, OH Modern Hillside Retreat Overlooking Big Creek Waterfalls Perched on the desirable Cascade ...	3 beds \| 2 baths \| 2,332 sq.ft.	$599,500	Airbnb cash on cash: -0.11% Traditional cash on cash: 2.3% Airbnb Rental Income: $1866 Traditional Rental Income: $2712 Airbnb ROI: -0.11% Traditional ROI: 2.3%

Real Estate investment in Painesville, OH

There are 85 properties for sale in the city of Painesville . The median list price in Painesville is $225,500 and the average price per square foot is $131. In December 2025, the average monthly cash on cash return in Painesville is 7.00%. The average monthly rental income in Painesville is $1,968.

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

There are 85 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 $1,968.

Your search for investment property begins and ends here

Investment Property for Sale in Painesville, OH

1104 Fanwood Court

Painesville, OH

3 beds | 2 baths | 2,035 sq.ft.

$289,900

Airbnb cash on cash: 2.12%

Traditional cash on cash: 5.61%

Airbnb Rental Income: $1866

Traditional Rental Income: $2318

Airbnb ROI: 2.12%

Traditional ROI: 5.61%

303 Ivy Lane

Painesville, OH

3 beds | 2 baths | 1,060 sq.ft.

$150,000

Airbnb cash on cash: 6%

Traditional cash on cash: 7.64%

Airbnb Rental Income: $1866

Traditional Rental Income: $1601

Airbnb ROI: 6%

Traditional ROI: 7.64%

331 Trailwood Drive

Painesville, OH

4 beds | 2 baths | N/A

$210,000

Airbnb cash on cash: 3.41%

Traditional cash on cash: 1.69%

Airbnb Rental Income: $1721

Traditional Rental Income: $902

Airbnb ROI: 3.41%

Traditional ROI: 1.69%

44 Grove Avenue

Painesville, OH

2 beds | 1 baths | 1,224 sq.ft.

$179,000

Airbnb cash on cash: 2.74%

Traditional cash on cash: 4.73%

Airbnb Rental Income: $1413

Traditional Rental Income: $1327

Airbnb ROI: 2.74%

Traditional ROI: 4.73%

414 Liberty Street

Painesville, OH

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

$179,900

Airbnb cash on cash: 4.86%

Traditional cash on cash: 5.25%

Airbnb Rental Income: $1866

Traditional Rental Income: $1433

Airbnb ROI: 4.86%

Traditional ROI: 5.25%

604 Beacon Drive

Painesville, OH

3 beds | 3 baths | 1,356 sq.ft.

$229,900

Airbnb cash on cash: 3.6%

Traditional cash on cash: 6.69%

Airbnb Rental Income: $1866

Traditional Rental Income: $2039

Airbnb ROI: 3.6%

Traditional ROI: 6.69%

77 Maple Spring Drive

Painesville, OH

3 beds | 2 baths | N/A

$199,000

Airbnb cash on cash: 4.3%

Traditional cash on cash: 7.9%

Airbnb Rental Income: $1866

Traditional Rental Income: $2046

Airbnb ROI: 4.3%

Traditional ROI: 7.9%

961 Beachfront Drive

Painesville, OH

3 beds | 2 baths | 1,280 sq.ft.

$250,000

Airbnb cash on cash: 2.96%

Traditional cash on cash: 4.54%

Airbnb Rental Income: $1866

Traditional Rental Income: $1739

Airbnb ROI: 2.96%