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
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.	$215,000	Airbnb cash on cash: 2.62% Traditional cash on cash: 4.26% Airbnb Rental Income: $1545 Traditional Rental Income: $1433 Airbnb ROI: 2.62% Traditional ROI: 4.26%
604 Beacon Drive Painesville, OH Beautiful Three Bedroom, Two and Half Bathroom Cape Cod Free Standing Condo in a very Quie...	3 beds \| 3 baths \| 1,356 sq.ft.	$259,900	Airbnb cash on cash: 1.99% Traditional cash on cash: 5.82% Airbnb Rental Income: $1545 Traditional Rental Income: $2039 Airbnb ROI: 1.99% Traditional ROI: 5.82%
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: 2.79% Traditional cash on cash: 7.68% Airbnb Rental Income: $1545 Traditional Rental Income: $2046 Airbnb ROI: 2.79% Traditional ROI: 7.68%
728 Bowhall Road Painesville, OH Welcome to 728 Bowhall Rd, Painesville - Located in the Highly Desirable Riverside School ...	3 beds \| 3 baths \| 2,319 sq.ft.	$325,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 6.08% Airbnb Rental Income: $1545 Traditional Rental Income: $2747 Airbnb ROI: 0.68% Traditional ROI: 6.08%
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: 1.83% Traditional cash on cash: 4.54% Airbnb Rental Income: $1545 Traditional Rental Income: $1739 Airbnb ROI: 1.83% 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.	$249,900	Airbnb cash on cash: 2.15% Traditional cash on cash: 5.19% Airbnb Rental Income: $1611 Traditional Rental Income: $1872 Airbnb ROI: 2.15% Traditional ROI: 5.19%
1350 Elizabeth Boulevard Painesville, OH Want new construction, but don't want to wait to build? Here is your house. Five years you...	4 beds \| 3 baths \| 2,210 sq.ft.	$349,900	Airbnb cash on cash: 2.32% Traditional cash on cash: 6.02% Airbnb Rental Income: $2160 Traditional Rental Income: $2826 Airbnb ROI: 2.32% Traditional ROI: 6.02%
401 Roberta Drive Painesville, OH Charming 2021 Colonial in Painesville Township - Move-In Ready! Welcome to this beautifull...	3 beds \| 2 baths \| 1,440 sq.ft.	$299,900	Airbnb cash on cash: 1.25% Traditional cash on cash: 4.62% Airbnb Rental Income: $1545 Traditional Rental Income: $2050 Airbnb ROI: 1.25% Traditional ROI: 4.62%
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: 1.28% Traditional cash on cash: 6.9% Airbnb Rental Income: $1545 Traditional Rental Income: $2270 Airbnb ROI: 1.28% 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: 2.81% Traditional cash on cash: 7.36% Airbnb Rental Income: $2160 Traditional Rental Income: $3001 Airbnb ROI: 2.81% 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: 2.16% Traditional cash on cash: 5.04% Airbnb Rental Income: $1545 Traditional Rental Income: $1658 Airbnb ROI: 2.16% 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: 1.85% Traditional cash on cash: 6.38% Airbnb Rental Income: $1545 Traditional Rental Income: $2063 Airbnb ROI: 1.85% Traditional ROI: 6.38%
65 Tanners Farm Drive Painesville, OH ProBuilt Home's Zephyr ranch design features 3 bedrooms, 2 baths and an attached 2 car gar...	3 beds \| 2 baths \| 1,301 sq.ft.	$326,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 2.07% Airbnb Rental Income: $1545 Traditional Rental Income: $1811 Airbnb ROI: -0.26% Traditional ROI: 2.07%
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: 0.8% Traditional cash on cash: 6.9% Airbnb Rental Income: $1611 Traditional Rental Income: $2565 Airbnb ROI: 0.8% 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: 2.18% Traditional cash on cash: 8.22% Airbnb Rental Income: $1545 Traditional Rental Income: $2300 Airbnb ROI: 2.18% Traditional ROI: 8.22%
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.	$249,900	Airbnb cash on cash: 3.9% Traditional cash on cash: 3.82% Airbnb Rental Income: $2160 Traditional Rental Income: $1592 Airbnb ROI: 3.9% Traditional ROI: 3.82%
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: 1.85% Traditional cash on cash: 5.2% Airbnb Rental Income: $1545 Traditional Rental Income: $1889 Airbnb ROI: 1.85% Traditional ROI: 5.2%
108 Birch Drive Painesville, OH Looking for a four bedroom 2 bath colonial home that offers great space? This maybe the ho...	4 beds \| 2 baths \| 2,894 sq.ft.	$249,900	Airbnb cash on cash: 4.36% Traditional cash on cash: 6.43% Airbnb Rental Income: $2160 Traditional Rental Income: $2098 Airbnb ROI: 4.36% Traditional ROI: 6.43%
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.	$425,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 2.9% Airbnb Rental Income: $2160 Traditional Rental Income: $2145 Airbnb ROI: 1.56% Traditional ROI: 2.9%
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.	$235,000	Airbnb cash on cash: 2.03% Traditional cash on cash: 5.63% Airbnb Rental Income: $1545 Traditional Rental Income: $1897 Airbnb ROI: 2.03% Traditional ROI: 5.63%
2301 Northway Drive Painesville, OH	2 beds \| 2 baths \| N/A	$142,500	Airbnb cash on cash: 3.51% Traditional cash on cash: 8.72% Airbnb Rental Income: $1611 Traditional Rental Income: $1866 Airbnb ROI: 3.51% Traditional ROI: 8.72%
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.	$274,900	Airbnb cash on cash: 1.44% Traditional cash on cash: 5.66% Airbnb Rental Income: $1545 Traditional Rental Income: $2193 Airbnb ROI: 1.44% Traditional ROI: 5.66%
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: 1.69% Traditional cash on cash: 8.24% Airbnb Rental Income: $1545 Traditional Rental Income: $2644 Airbnb ROI: 1.69% 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: 2.19% Traditional cash on cash: 5.62% Airbnb Rental Income: $1545 Traditional Rental Income: $1829 Airbnb ROI: 2.19% 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: 3.69% Traditional cash on cash: 7.12% Airbnb Rental Income: $1545 Traditional Rental Income: $1829 Airbnb ROI: 3.69% Traditional ROI: 7.12%
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: 6.11% Traditional cash on cash: 8.64% Airbnb Rental Income: $1611 Traditional Rental Income: $1481 Airbnb ROI: 6.11% 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.	$239,689	Airbnb cash on cash: 1.78% Traditional cash on cash: 5.56% Airbnb Rental Income: $1545 Traditional Rental Income: $1956 Airbnb ROI: 1.78% Traditional ROI: 5.56%
850 Bank Street Painesville, OH 3 Bedroom Ranch home. Fenced in backyard. Selling AS-IS. Needs updated and some repairs. O...	3 beds \| 1 baths \| 1,236 sq.ft.	$126,000	Airbnb cash on cash: 5.65% Traditional cash on cash: 8.89% Airbnb Rental Income: $1545 Traditional Rental Income: $1491 Airbnb ROI: 5.65% Traditional ROI: 8.89%
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: 3.08% Traditional cash on cash: 3.1% Airbnb Rental Income: $1611 Traditional Rental Income: $1159 Airbnb ROI: 3.08% 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: 3.53% Traditional cash on cash: 5.47% Airbnb Rental Income: $1545 Traditional Rental Income: $1449 Airbnb ROI: 3.53% 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.	$575,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 2.01% Airbnb Rental Income: $1545 Traditional Rental Income: $2390 Airbnb ROI: -0.4% Traditional ROI: 2.01%
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: 0.11% Traditional cash on cash: 3.03% Airbnb Rental Income: $1545 Traditional Rental Income: $2596 Airbnb ROI: 0.11% Traditional ROI: 3.03%
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: 1.49% Traditional cash on cash: 5.67% Airbnb Rental Income: $1545 Traditional Rental Income: $2279 Airbnb ROI: 1.49% 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	$330,000	Airbnb cash on cash: 1.57% Traditional cash on cash: 4.13% Airbnb Rental Income: $1545 Traditional Rental Income: $1894 Airbnb ROI: 1.57% Traditional ROI: 4.13%
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: 2.66% Traditional cash on cash: 4.92% Airbnb Rental Income: $1611 Traditional Rental Income: $1645 Airbnb ROI: 2.66% Traditional ROI: 4.92%
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: 2.41% Traditional cash on cash: 5.89% Airbnb Rental Income: $1545 Traditional Rental Income: $1920 Airbnb ROI: 2.41% 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%
540 S Bay Cove Painesville, OH Condo living at its finest! Welcome to the immaculate charming Chesapeake Condominium Comm...	4 beds \| 2 baths \| 2,389 sq.ft.	$294,000	Airbnb cash on cash: 3.04% Traditional cash on cash: 6.39% Airbnb Rental Income: $2160 Traditional Rental Income: $2538 Airbnb ROI: 3.04% Traditional ROI: 6.39%
48 Nelmar Drive Painesville, OH Welcome to this beautifully remodeled 2-bedroom, 1-bath ranch in Painesville Township, loc...	2 beds \| 1 baths \| N/A	$214,900	Airbnb cash on cash: 3.17% Traditional cash on cash: 3.42% Airbnb Rental Income: $1611 Traditional Rental Income: $1205 Airbnb ROI: 3.17% Traditional ROI: 3.42%

Real Estate investment in Painesville, OH

There are 69 properties for sale in the city of Painesville . The median list price in Painesville is $249,900 and the average price per square foot is $141. In September 2025, the average monthly cash on cash return in Painesville is 6.00%. The average monthly rental income in Painesville is $1,956.

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

There are 69 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 $1,956.

Your search for investment property begins and ends here

Investment Property for Sale in Painesville, OH

414 Liberty Street

Painesville, OH

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

$215,000

Airbnb cash on cash: 2.62%

Traditional cash on cash: 4.26%

Airbnb Rental Income: $1545

Traditional Rental Income: $1433

Airbnb ROI: 2.62%

Traditional ROI: 4.26%

604 Beacon Drive

Painesville, OH

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

$259,900

Airbnb cash on cash: 1.99%

Traditional cash on cash: 5.82%

Airbnb Rental Income: $1545

Traditional Rental Income: $2039

Airbnb ROI: 1.99%

Traditional ROI: 5.82%

77 Maple Spring Drive

Painesville, OH

3 beds | 2 baths | N/A

$204,000

Airbnb cash on cash: 2.79%

Traditional cash on cash: 7.68%

Airbnb Rental Income: $1545

Traditional Rental Income: $2046

Airbnb ROI: 2.79%

Traditional ROI: 7.68%

728 Bowhall Road

Painesville, OH

3 beds | 3 baths | 2,319 sq.ft.

$325,000

Airbnb cash on cash: 0.68%

Traditional cash on cash: 6.08%

Airbnb Rental Income: $1545

Traditional Rental Income: $2747

Airbnb ROI: 0.68%

Traditional ROI: 6.08%

961 Beachfront Drive

Painesville, OH

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

$250,000

Airbnb cash on cash: 1.83%

Traditional cash on cash: 4.54%

Airbnb Rental Income: $1545

Traditional Rental Income: $1739

Airbnb ROI: 1.83%

Traditional ROI: 4.54%

269 Hale Road

Painesville, OH

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

$249,900

Airbnb cash on cash: 2.15%

Traditional cash on cash: 5.19%

Airbnb Rental Income: $1611

Traditional Rental Income: $1872

Airbnb ROI: 2.15%

Traditional ROI: 5.19%

1350 Elizabeth Boulevard

Painesville, OH

4 beds | 3 baths | 2,210 sq.ft.

$349,900

Airbnb cash on cash: 2.32%

Traditional cash on cash: 6.02%

Airbnb Rental Income: $2160

Traditional Rental Income: $2826

Airbnb ROI: 2.32%

Traditional ROI: 6.02%

401 Roberta Drive

Painesville, OH

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

$299,900

Airbnb cash on cash: 1.25%

Traditional cash on cash: 4.62%

Airbnb Rental Income: $1545

Traditional Rental Income: $2050

Airbnb ROI: 1.25%