Painesville Homes under $200,000

Welcome to Painesville, Ohio—a charming city nestled in the heart of Lake County, where history meets modern living. Known for its rich heritage and vibrant community, Painesville offers a unique blend of small-town charm and convenient access to urban amenities. With its picturesque parks, scenic lakeside views, and a welcoming atmosphere, it’s no wonder that families and individuals alike are drawn to this delightful locale.

Painesville boasts a diverse selection of homes, making it an attractive destination for first-time buyers and those looking to downsize. If you're in the market for affordable housing, you’ll be pleased to discover that there are numerous homes available for under $200,000. These properties range from quaint bungalows to spacious multi-family homes, providing ample options to suit a variety of lifestyles and budgets.

The local real estate market in Painesville is thriving, with homes often featuring charming architectural details, well-maintained yards, and easy access to community amenities. Families will appreciate the proximity to excellent schools, recreational facilities, and a variety of shopping and dining options. Additionally, Painesville's location offers convenient access to the beautiful shores of Lake Erie, perfect for weekend getaways or leisurely strolls.

Whether you’re seeking a starter home, an investment property, or a cozy retreat, Painesville has something for everyone. Explore the possibilities of homeownership in this delightful city and discover why so many are proud to call Painesville home. Your dream home awaits!

Newest Painesville Homes under $200,000

1651 Mentor Avenue Unit 3407, Painesville

$150,000

3 Beds ⋅ 2 Baths ⋅ 5249879 MLS

Welcome to 1651 Mentor Ave #3407, a beautifully renovated 3-bedroom, 1.5-bath condo offering nearly 1,200 square feet of fresh, move-in-ready living space. Step inside to an open and inviting main level featuring new flooring, neutral finishes, updated lighting, and a spacious living and dining area. The completely updated kitchen features white shaker cabinetry, quartz countertops, a full tile backsplash, black hardware and fixtures, recessed lighting, and a new electrical panel has been recently added for pease of mind. Not to mention a home warranty will be given for additional reassurance! Upstairs, you'll find three bedrooms with new carpeting, modern ceiling fans, and generous closet space. The full bathroom has been completely refreshed with a new vanity, modern black fixtures, updated lighting, and a beautifully tiled tub/shower surround. A convenient main-level half bath and in-unit laundry hookups add to the functionality of the home. Additional highlights include an attached one-car garage, ample storage, and a private residential setting within the Cambridge Condominiums. With the major cosmetic work already completed, this home offers the opportunity to simply move in and enjoy. Conveniently located near shopping, restaurants, parks, and everyday amenities with easy access to Mentor and surrounding communities. Fresh, modern, and truly move-in ready — this is one you won't want to miss.

1651 Mentor Avenue Unit 3407, Painesville

$165,000

3 Beds ⋅ 1 Baths ⋅ 5247833 MLS

Move right in and feel at home! This inviting 3-bedroom ranch offers convenient one-floor living, a great layout and a fresh, calming color palette throughout. Natural light fills the living room and bedrooms, complemented by fresh paint and new carpeting. The kitchen features freshly painted cabinetry, a tile backsplash, new vinyl flooring, plus the refrigerator and range. A new hot water tank adds to the move-in-ready appeal. Outside, enjoy fresh landscaping, a usable backyard with concrete patio, freshly sealed driveway, ample parking and a spacious 2-car garage with water available. The roof, windows and vinyl siding are approximately 10 years old. Located on a quiet residential street convenient to Route 2, restaurants and grocery shopping.

863 North Avenue, Painesville

$195,000

3 Beds ⋅ 2 Baths ⋅ 5244601 MLS

Welcome to this beautifully updated end-unit townhome in desirable Concord Township! Offering an exceptional combination of style, space, and privacy, this home has been thoughtfully updated throughout and is truly move-in ready. The bright and inviting main level features luxury vinyl plank flooring and a beautifully updated kitchen showcasing crisp white Shaker cabinetry with soft-close doors and drawers, quartz countertops, and a full stainless steel appliance package. The open layout creates a comfortable setting for everyday living and entertaining. Upstairs, you'll find two spacious bedrooms featuring vaulted ceilings that add an impressive sense of volume and character. The primary bedroom offers a walk-in closet and a convenient dressing vanity with countertop, creating a dedicated space for getting ready each day. The finished lower level provides a bedroom and a fantastic great room with plenty of additional space for entertaining, recreation, relaxation, or a home office. An attached garage adds everyday convenience and valuable storage. As an end unit, this home offers added privacy and natural light. Step outside to the massive deck - an incredible extension of the living space and the perfect place to entertain, relax, or enjoy the outdoors. Ideally located close to shopping, dining, parks, Lake Erie, and convenient freeway access, this beautifully updated Concord Township townhome offers the perfect blend of comfort, convenience, and modern living.

7029 Woodthrush Drive, Painesville

$189,900

3 Beds ⋅ 2 Baths ⋅ 5246268 MLS

Welcome to 386 W Jackson St in Painesville! This beautifully remodeled bungalow offers 3 bedrooms and 2 full baths with a thoughtful blend of modern updates and classic charm. Step inside to find a refreshed interior featuring updated finishes throughout, creating a comfortable and move-in-ready home. The spacious layout provides plenty of flexibility for everyday living, loft area upstairs and full basement while the full baths offer added convenience. Outside, enjoy a detached garage and a yard with room to relax or entertain. Conveniently located near shopping, dining, parks, schools, and major roadways. Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, this remodeled bungalow is ready for its next owner. Schedule your showing today!

386 W Jackson Street, Painesville

$175,000

2 Beds ⋅ 2 Baths ⋅ 5242126 MLS

Situated in the heart of Painesville, this charming two-story Colonial home at 695 N Saint Clair Street is ready for its new owner. Offering an inviting and warm atmosphere, it seamlessly combines modern comforts with historical charm. Built in 1900, the well-preserved home includes 2 bedrooms, 1.5 baths, and 1,352 square feet of living space. It sits on a spacious level lot with a private backyard and large back deck. The architectural style radiates colonial elegance with its timeless appeal. Upon entering, you'll find a living room enhanced with new LVP flooring, perfect for relaxation and socializing. The kitchen continues the modern theme with the same LVP floors, new cabinets, new granite countertops, and new appliances. All of this updating work was done in 2024. The main floor also features a dining room and a convenient laundry area. Upstairs, two carpeted bedrooms and a loft area offer flexible space for an office, a study room, or play room. Outside, enjoy the covered front porch, spacious back deck, and large backyard. All of these combined are perfect for outdoor activities, along with a detached garage. This property is a fantastic opportunity to own a piece of Painesville's history while enjoying modern conveniences. Don't miss the chance to explore this inviting home.

695 N Saint Clair Street, Painesville

$199,900

3 Beds ⋅ 2 Baths ⋅ 5236986 MLS

Welcome to this beautifully maintained, three-level townhouse offering 3 bedrooms, 2 full bathrooms, and a thoughtfully designed layout that balances comfort, style, and everyday functionality. The first floor features a spacious mudroom and a large walkout lower level, offering excellent storage and plenty of potential to finish the space to suit your needs. Whether you envision a home office, recreation room, or additonal living space, this versatile level provides these possibilities. On the second floor, you will find a bright and inviting open-concept floor plan where the spacious living room, dining area, and fully equipped kitchen seamlessly flow together. The kitchen features sleek black appliances and a casual eat-in dining area with sliding glass doors that open up to the wooded lot while flooding the space with natural light. The top level hosts all three bedrooms, two full bathrooms with modern finishes, and a conveniently located laundry area. Bright and airy throughout, this home offers smart, efficient space on every level—all perfectly situated near the Lake Erie shoreline, local parks, dining, shopping, and major highways! This home has a neutral palette, ready and waiting for your personal touch! Priced to sell!

210 Raintree Lane, Painesville

$119,500

2 Beds ⋅ 2 Baths ⋅ 5242196 MLS

Incredible opportunity for investors or buyers looking for a wonderfully updated, low maintenance home at an exceptional value! This spacious 2 Bedroom, 1.5 Bath Townhome is set among charming, scenic grounds and offers comfortable living with thoughtful updates throughout. The entire interior has been professionally painted, Living Room carpet professionally cleaned, and luxury vinyl tile (LVT) added in the 1st floor Utility Room / Laundry Room and entryway. The updated Kitchen offers plenty of functionality, while beautiful hardwood floors continue throughout the large 2nd Floor featuring 2 generously sized Bedrooms and a Full Bathroom. Enjoy additional living space outdoors on the spacious, private backyard patio, a wonderful bonus for relaxing or entertaining. Newer HVAC and electrical panel provide added peace of mind, and Washer and Dryer are included. Conveniently located just minutes from Lake Erie College, Historic Painesville City's Business District, Downtown Shopping, 13 Parks and Playgrounds, the YMCA, easy highway access for commuting and so much more. Priced extremely well and offering a great combination of updates, location and low maintenance living!

762 Mentor Avenue Unit 54, Painesville

$128,900

2 Beds ⋅ 2 Baths ⋅ 5240320 MLS

Excellent Investment Opportunity – Tenant-Occupied Side-by-Side Duplex Great opportunity to add an income-producing duplex to your investment portfolio! This side-by-side duplex features two comfortable 1-bedroom, 1-bath units, each with its own private basement for additional storage. Both units are currently occupied, providing immediate rental income: Unit 133: Currently rented for $817/month, including pet fee and water/sewer. Renovated approximately 4 years ago. Unit 135: Currently rented for $825/month, including pet fee. Recently renovated and in great condition. Combined monthly rental income is $1,642, providing immediate rental income for the new owner. At the $130,000 asking price, the current rents represent approximately 1.26% of the purchase price per month, exceeding the commonly referenced 1% rule for rental properties. The property is situated in a quiet and very private location with off-street parking, adding convenience and appeal for tenants. Offered at $130,000 and priced competitively based on the property's current condition. This is an excellent opportunity to acquire an affordable duplex and expand a rental portfolio. Important Showing Information: Both units are currently tenant occupied. To respect the tenants' privacy, showings will be permitted only after a signed purchase agreement. Please do not disturb the tenants.

133 W Jackson Street, Painesville

$99,000

2 Beds ⋅ 1 Baths ⋅ 5226685 MLS

Spacious ranch home on a large half-acre lot with a two-car garage. Features one oversized bedroom and one smaller bedroom. With a little TLC, this property offers great potential.

477 Henry Street, Painesville

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