396 Railroad St Painesville, OH 44077
Property details
About 396 Railroad St
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.
Highlights
Summary
- Full Bathrooms: 2
- Appliances: Range, Refrigerator
- Basement: Yes
- Total Bedroom Count: 4
- Garage Space: 1 space
- Attached Garage: No
- Private Pool: No
- Parking: Driveway
- Heating: Forced Air, Natural Gas
- Cooling: None
- List Price: $184,900
- Annual Tax Amount: $1,432
- Tax Year: 2023
- Directions: On Railroad St., just E. of N. State St.
- Year Built: 1910
- Stories: 2
- Lot Size: 0.1028 Acres
- MLS Number: 5120222
- MLS Name: NOWDD
- Office Name: Keller Williams Greater Metropolitan
- Office Phone: (216) 469-7081
- Office Email: tseaman@kw.com
- Listing Agent: Thomas F Seaman
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Last updated on: 6/3/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$184,900
396 Railroad St
$2,196
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 20, 2021 | Home Sold | $97,500 |
| May 31, 2001 | Home Sold | $86,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $22,990 | $1,432 |
| 2022 | $22,990 | $1,446 |
| 2021 | $22,990 | $1,446 |
| 2020 | $19,150 | $1,378 |
| 2019 | $19,150 | $1,391 |
| 2018 | $19,150 | $1,344 |
| 2017 | $23,670 | $1,729 |
History based on county public records data.
Nearby schools
4
Elm Street Elementary School
Public District KG-5
0.4 mi
•585 Elm St
3
Maple Elementary School
Public District KG-5
1.2 mi
•560 W Jackson St
5
Riverview Elementary School
Public District KG-5
1.2 mi
•845 Madison Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,675. The majority of Painesville, OH residents have income less than $<35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Soccer
Pro Boxing
Continuing Education Courses
Where do the neighbors shop?
Forever 21
Burlington
Express/Express For Men
Where do the neighbors go to eat?
Dominos Pizza
Popeyes
Qdoba
What do the neighbors drive?
Mazda
Dodge
Volkswagen
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary- Adult Hits
This home is located at 396 Railroad St in Painesville, OH and zip code 44077. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 8, 2025 and is currently priced at $184,900.
While more than 20 listings in Painesville, OH in May 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 15 were sold below. In May 2025 in Painesville, OH there were 5.8% more homes for sale than in April. In May 2025 median list price was $220,000 and the average listing age was 37 days.