540 Mentor Ave Painesville, OH 44077
Estimated payment $2,064/month
Highlights
- Balcony
- Eat-In Kitchen
- Recessed Lighting
- 2 Car Detached Garage
- Crown Molding
- Storage
About This Home
Sizable duplex, conveniently located just steps from Lake Erie College and near OH-44, OH-2, and plenty of shopping, restaurants, and local attractions. Currently being used as a single-family property, but grandfathered in as a duplex. Central heating and cooling and updated electrical panels. Hardwood floors on the main level. The first-floor unit includes 2 bedrooms, a living room, dining room, kitchen, full bath, laundry room, and a side porch. The second-floor unit includes 4 bedrooms, a kitchen, full bath, and a balcony. The property includes a detached 2-car garage and a full basement for storage. Consistently rented under current ownership. Updates completed in 2024-2025 include: Replaced washer/dryer, 1st-floor dishwasher and gas range, 2nd-floor refrigerator, carpet on staircase and one 2nd-floor bedroom, painted 1st-floor bath, re-stained and painted porch, powerwashed exterior, and cleaned gutters. All appliances included.
Listing Agent
Engel & Völkers Distinct Brokerage Email: 440-568-0400, cleveland@evrealestate.com License #2019002296 Listed on: 10/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,453
Year Built
- Built in 1880
Lot Details
- 0.28 Acre Lot
- Back and Front Yard
Parking
- 2 Car Detached Garage
Home Design
- Fiberglass Roof
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- 2,484 Sq Ft Home
- 2-Story Property
- Crown Molding
- Recessed Lighting
- Chandelier
- Storage
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Range
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Balcony
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 15-C-018-0-00-018-0
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | -- | $70,400 | $11,510 | $58,890 |
| 2024 | -- | $70,400 | $11,510 | $58,890 |
| 2023 | $7,141 | $57,660 | $9,530 | $48,130 |
| 2022 | $3,556 | $57,660 | $9,530 | $48,130 |
| 2021 | $3,556 | $57,660 | $9,530 | $48,130 |
| 2020 | $3,446 | $48,870 | $8,080 | $40,790 |
| 2019 | $3,478 | $48,870 | $8,080 | $40,790 |
| 2018 | $3,314 | $43,950 | $17,090 | $26,860 |
| 2017 | $3,218 | $43,950 | $17,090 | $26,860 |
| 2016 | $3,202 | $43,950 | $17,090 | $26,860 |
| 2015 | $3,112 | $43,950 | $17,090 | $26,860 |
| 2014 | $3,104 | $43,950 | $17,090 | $26,860 |
| 2013 | $3,092 | $43,950 | $17,090 | $26,860 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/10/2025 10/10/25 | For Sale | $339,900 | +239.9% | $137 / Sq Ft | |
| 05/01/2012 05/01/12 | Sold | $100,000 | -25.9% | $40 / Sq Ft | View Prior Sale |
| 03/22/2012 03/22/12 | Pending | -- | -- | -- | |
| 10/10/2011 10/10/11 | For Sale | $134,900 | -- | $54 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $150,000 | Ohio Real Title | |
| Warranty Deed | $100,000 | Ohio Real Title | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $112,500 | New Conventional | |
| Previous Owner | $75,000 | New Conventional |
Source: MLS Now
MLS Number: 5162031
APN: 15-C-018-0-00-018
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