Back 204 West South Street
Off Market

204 West South Street

Painesville OH 44077

5
4
0.33 ac.
Duplex
Last sold for $225,000
Michael KaimMichael Kaim, last sold this property on 24 April 2026 after 31 days on market.

Overview

Welcome to 204 W. South St., Painesville—an excellent multi-family investment opportunity offering the potential for up to four units and strong income-producing capabilities. Ideally located next to Lake Erie College and adjacent to the Metroparks walking path, this property provides a desirable setting for tenants and long-term value. The main home features two first-floor bedrooms, a spacious living room with a brick fireplace, a formal dining room with a skylight, and a large kitchen with oak cabinetry. A full bathroom is located on the main level. The upper level includes a separate entrance and functions as a private living suite with its own bathroom, offering the potential to be converted into an efficiency unit with the addition of a kitchen. In addition to the main residence, the property includes two separate ranch-style homes, each offering one bedroom, a full kitchen, living room, full bathroom, and full basement—ideal for additional rental income. All units are separately metered with individual gas and electric service. Major mechanical updates include new roofs on the two rear homes within the last two years, new hot water tanks in all three buildings within the last two years, and furnaces replaced within the last 16 years. This versatile property offers a rare opportunity for investors or owner-occupants seeking multiple income streams in a prime Painesville location.

Features

5 bedrooms
4 bathrooms
0.33 ac. lot size
Duplex

Estimated Value

We need at least 3 similar 5 bedroom duplexes sold in Painesville over the last 12 months.

Property history for 204 West South Street

2026
Sold
$225,000
24 Apr 2026 by Michael Kaim, of Real Brokerage Technologies, Inc.

Happy sellers in Painesville

90%
90% of sellers in Painesville reported that their sale price either exceeded or met their price expectations.

Painesville stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 16 reviews in Painesville over the last 12 months.

Local market activity for 5 bedroom duplexes in Painesville

In the last 12 months, 2 five-bedroom duplexes similar to 204 West South Street, have been sold.

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