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$249,900

  • For Sale
  • Active
  • Duplex
  • 4 Beds
  • 2 Full Baths
  • 1,584 Sq. Ft.
  • 0.1641 Acres
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Completely renovated and cash-flowing 2-unit investment property in Painesville Township, in the Riverside School District, currently generating $2,200/month in rental income, with the potential to generate $2,500 or more per month. The home features 2 currently occupied units: Lower unit has 3 bedrooms and a full bath; upper unit has 1 bedroom and a full bath. Both units have in-suite laundry, stainless steel appliances, new flooring and paint. RECENT UPDATES: Replaced roof and siding (2024), completed updated both units including kitchens, baths, flooring, paint, and all appliances (2024/2025). INCLUDED are ALL kitchen appliances and washers/dryers. Conveniently located near OH-2, OH-44, US-20, Lake Erie College, Headlands Beach and Fairport Harbor Lakefront parks, shopping, restaurants, and other local attractions.

Full Property Details for 58 Adelaide Ave

General

  • Price: $249,900
  • Taxes: $1,754 (2025)
  • Status: Active
  • Type: Duplex
  • Source: 505
  • MLS ID: 5220292
  • Updated: 6/19/2026
  • Added to Site: 25 day(s) ago

Interior

  • Number of Rooms: 8
  • Appliances: Dryer, Range, Refrigerator, Washer

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Washer Hookup, Gas Dryer Hookup, In Unit

Parking

  • Parking Features: Driveway

Location

  • County: Lake
  • Township: Painesville Twp
  • Subdivision: Wg Mccall
  • Driving Directions: Richmond Rd to Adelaide Ave

School Information

  • Elem School District: Riverside LSD Lake- 4306
  • Midd School District: Riverside LSD Lake- 4306
  • High School District: Riverside LSD Lake- 4306

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • # Buildings: 1
  • Construction: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Full
  • Roof: Metal
  • Stories/Levels: 2
  • Square Feet: 1,584
  • Living Area: 1,584 Sq. Ft.
  • Finished Above Grnd: 1,584 Sq. Ft.
  • Year Built: 1920
  • Year Built Source: Public Records

Lot Features

  • Lot Size (Acres): 0.1641
  • Lot Size: .1641
  • Lot Size Source: Public Records

Financial Considerations

  • Tax Amount: $1,754
  • Tax Year: 2025
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Legal Description: LOT 19 TRACT 4 PART OF S/L 20, 21 & 22 MCCALL SURVEY
  • Disclosures/Rstr.: Principal is Real Estate Licensed
  • Property ID: 11-B-065-C-00-004-0

Listed by Engel & Völkers Distinct, Adam T Zimmerman

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Listing agent

— 58 Adelaide Ave —

  • 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 58 Adelaide Ave

School District:Riverside Local School District, Bainbridge, OH
NameGradesDistance
Buckeye Elementary School, Painesville, OH
175 Buckeye Road, Painesville, OH 44077
K-52.1 mi
Riverside Jr/Sr High School
585 Riverside Drive, Painesville, OH 44077
8-123 mi
Henry F Lamuth Middle School
6700 Auburn Road, Painesville, OH 44077
6-73.2 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 58 Adelaide Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/19/2026
Listed
$249,900
122.13%
MLS
8/25/2022
Sold
$112,500
—
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 58 Adelaide Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
-100%
$33,250
—
2024
$1,732
1%
$33,250
23%
2023
$1,719
-12%
$27,010
-15%
2021
$1,961
-35%
$31,660
—
2022
$3,033
43%
$31,660
15%
2020
$2,125
9%
$27,540
—
2019
$1,948
—
$27,540
—
2018
$1,954
7%
$27,540
10%
2017
$1,830
13%
$24,950
—
2016
$1,623
5%
$24,950
—
2015
$1,550
-2%
$24,950
—
2014
$1,574
6%
$24,950
—
2013
$1,487
—
$24,950
—
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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with our affiliated lender
NMLS#: 1598647

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Listed by Engel & Völkers Distinct, Adam T Zimmerman

58 Adelaide Avenue, Painesville Twp, OH 44077 (MLS# 5220292) is a Duplex property with 4 bedrooms and 2 full bathrooms. 58 Adelaide Avenue is currently listed for $249,900 and was received on June 19, 2026. Want to learn more about 58 Adelaide Avenue? Do you have questions about finding other Duplex real estate for sale in Painesville Twp? You can browse all Painesville Twp real estate or contact a Coldwell Banker agent to request more information.

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