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$334,900

  • For Sale
  • Active
  • Multi-Family
  • 9 Total Beds
  • 1 Car Garage
  • Updated 8 days ago
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Cash flowing 4-unit investment property in Painesville with potential to generate approximately $4,000/month in rental income,plus the added flexibility of owner-occupancy with one vacant unit currently available. Conveniently located near OH-2, OH-44, US-20, Lake Erie College, schools, shopping, restaurants, and other local attractions. One 3-bed/1-bath unit; two 2-bed/1-bath units; and one 1-bed/1-bath unit. Three units currently occupied. Recent updates include: replaced some windows (2024), Unit 134 refrigerator (2025), Units 134 & 136 electric fixtures (2026), Unit 134 bathtub (2026), and applied Rhino Shield coating on all exterior siding (2024).

Full Property Details for 134 Pearl St

General

  • Price: $334,900
  • Taxes: $6,711 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: 505
  • MLS ID: 5211515
  • Updated: 5/21/2026
  • Added to Site: 8 day(s) ago

Interior

  • Appliances: Range, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 9

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Driveway, Detached, Garage

Location

  • County: Lake
  • Township: Painesville
  • Subdivision: Rockwell, Mathews & Hitchcock Sub
  • Driving Directions: St Clair St to Pearl St

School Information

  • Elem School District: Painesville City LSD - 4305
  • Midd School District: Painesville City LSD - 4305
  • High School District: Painesville City LSD - 4305

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall Unit(s)
  • Heating Type: Forced Air, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • # Buildings: 1
  • Construction: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Full
  • Roof: Asphalt, Fiberglass
  • Stories/Levels: 2
  • Square Feet: 4,628
  • Living Area: 4,628 Sq. Ft.
  • Finished Above Grnd: 4,628 Sq. Ft.
  • Year Built: 1910
  • Year Built Source: Public Records

Lot Features

  • Lot Size (Acres): 0.1584
  • Lot Size: .1584
  • Lot Size Source: Public Records

Financial Considerations

  • Tax Amount: $6,711
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: LOT 12 TRACT 2
  • Disclosures/Rstr.: Principal is Real Estate Licensed
  • Property ID: 15-B-005-0-00-062-0

Listed by Engel & Völkers Distinct, Adam T Zimmerman

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Listing agent

— 134 Pearl St —

  • Adam T Zimmerman

    Engel & Völkers Distinct

440-568-0400, cleveland@evrealestate.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 134 Pearl St

School District:Painesville City Local School District
NameGradesDistance
Chestnut Elementary School
341 Chestnut Street, Painesville, OH 44077
K-51.4 mi
Heritage Middle School
135 Cedarbrook Drive, Painesville, OH 44077
6-80.8 mi
Harvey High School
200 West Walnut Avenue, Painesville, OH 44077
9-120.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 134 Pearl St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/21/2026
Listed
$334,900
28.81%
MLS
2/27/2023
Sold
$260,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 134 Pearl St

Year
Property Taxes
Change
Tax Assessment
Change
2025
-100%
$74,160
—
2024
$6,605
-18%
$74,160
-9%
2023
$8,068
77%
$81,200
75%
2021
$4,556
-60%
$46,460
-43%
2022
$11,299
67%
$81,200
20%
2020
$6,765
82%
$67,550
90%
2019
$3,710
1%
$35,500
—
2018
$3,674
4%
$35,500
10%
2017
$3,539
1%
$32,280
—
2016
$3,517
—
$32,280
—
2015
$3,501
1%
$32,280
—
2014
$3,477
6%
$32,280
—
2013
$3,287
—
$32,280
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Engel & Völkers Distinct, Adam T Zimmerman

134 Pearl Street, Painesville, OH 44077 (MLS# 5211515) is a Multi-Family property with units containing 9 bedrooms and 4 full bathrooms. 134 Pearl Street is currently listed for $334,900 and was received on May 21, 2026. Want to learn more about 134 Pearl Street? Do you have questions about finding other Multi-Family real estate for sale in Painesville? You can browse all Painesville real estate or contact a Coldwell Banker agent to request more information.

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