396 Railroad Street
Painesville, OH 44077
- 4 beds
- 2 baths
- – sqft
- 1910 build
- – on site
Great investor double just waiting for you. This up/down two family home is a super investment for the long run. The first floor has great long term tenants and the 2nd is ready for new occupants. This home received a new roof in November 2021, and had numerous updates that same year as well. There is a driveway on each side of this home so no tenant will block the other when it comes to parking in the drive. The mechanicals have been updated so not much to do but kick back and collect the rents. Owner provides the refrigerators & ranges, & the tenants supply their own washer & dryer. The first fl laundry is in the basement and the second floor is in-suite. Rents are low so there is a good value added opportunity to increase the bottom line numbers with a few modifications. Take your money out of a volatile stock market or underperforming savings and invest in real estate today. Come explore this great home and you’ll want to call it your own.
Last checked:
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Last updated May 8, 2025
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MLS# 5120222 —
The Building
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Year Built:1910
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Year Built Source:PublicRecords
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Construction Materials:Unknown
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Window Features:InsulatedWindows
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Levels:Two
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Stories:2
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Roof:Asphalt,Fiberglass
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Basement:true
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Foundation:Block
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# of Buildings:1
Interior
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Rooms Total:8
Room Dimensions
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Living Area Units:SquareFeet
Location
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Directions:On Railroad St., just E. of N. State St.
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Latitude:41.732191
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Longitude:-81.244549
The Property
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Parcel Number:15-A-004-A-00-011-0
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Property Type:ResidentialIncome
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Property Subtype:Duplex
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Property Subtype Additional:Duplex
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Lot Size Acres:0.1028
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Lot Size Area:0.1028
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Lot Size Units:Acres
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Lot Size Source:PublicRecords
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Fencing:BackYard
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (216) 469-7081
- Office phone:
- (216) 839-5500
Taxes
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Tax Year:2024
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Tax Legal Description:PAINESVILLE LOT TRACT 3 LOT 6
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Tax Annual Amount:$1,629.42
Beds
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Bedrooms Total:4
Baths
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Total Baths:2
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Full Baths:2
The Listing
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Listing Terms:Cash,Conventional
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Home Warranty:false
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Virtual Tour URL Unbranded 3:https://www.propertypanorama.com/396-Railroad-Street-Painesville-OH-44077/unbranded
Heating & Cooling
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Heating:ForcedAir,Gas
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:Public
Appliances
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Appliances:Range,Refrigerator
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Laundry Features:InBasement,InUnit
Schools
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Elementary School District:Painesville City LSD - 4305
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Middle School District:Painesville City LSD - 4305
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High School District:Painesville City LSD - 4305
The Community
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Subdivision Name:Phelps & Perkins
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Pool Private:false
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:1.0
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Carport:false
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Parking Features:Driveway
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/8/25
May 8, 2025
|
Listed / Active | MLS_NOW | $194,900 |
