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    Lakewood, OH Apartment Buildings for Sale

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    Cleveland, OH Rocky River, OH East Cleveland, OH
    Lakewood Lakefront Multifamily Investment
    $3,429,000
    Lakewood Lakefront Multifamily Investment

    12065 Edgewater Drive, Lakewood, OH 44107

    Turnkey 25-unit multifamily property with lake views in Lakewood, Ohio.
    • Turnkey operation with immediate cash flow: Approximately $147,000 annual cash flow after debt service in year 1.
    • Significant value‑add opportunity: Five vacant units will be fully renovated prior to closing, with potential for increased rents.
    • Prime lakefront location in Lakewood: Highly desirable rental market with lake views and proximity to Downtown Cleveland, Edgewater Park, and Clifton Blvd retail.
    • Strong potential for increased income: Additional income from utility reimbursements, laundry, parking, and pet fees, projected to add over $115,000/year in gross revenue.
    • Recent capital improvements: New boiler (2024), new electric (2025), updated electrical service, plumbing, and windows; over 60% of units updated.
    Updated: Oct 29, 2025
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    Lakewood Multifamily Property with Garages
    $1,500,000
    Lakewood Multifamily Property with Garages

    17105 Madison Ave, Lakewood, OH 44107

    Well-maintained 12-unit building in desirable Lakewood location.
    • Prime Lakewood Location: Directly across from the Rocky River Reservation, ensuring strong rental demand.
    • Desirable Unit Mix: Features 10 two‑bedroom units out of 12 total suites.
    • Low Operating Costs: Tenants pay for both gas and electricity.
    • Covered Garage Parking: Each unit has its own garage space with individual storage.
    • Modern Unit Upgrades: Granite countertops and modern bathroom vanities in most units.
    Updated: Apr 9, 2025
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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 2 Active listings in Lakewood, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Edgewater Premium Apartments Portfolio
    $4,900,000
    Edgewater Premium Apartments Portfolio

    Portfolio of 4 properties with 60 residential units and 4 commercial suites.

    11100 Detroit Ave, Cleveland, OH 44102

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    Brooklyn Multifamily Investment Opportunity
    $1,070,000
    10,080 SF
    Brooklyn Multifamily Investment Opportunity

    14-unit multifamily property in Brooklyn, Ohio.

    4230 Ridge Rd, Brooklyn, OH 44144

    View details
    Updated Multifamily Property in Cleveland
    $470,000
    4,702 SF
    Updated Multifamily Property in Cleveland

    Updated 6-unit multifamily property in a quiet residential neighborhood.

    3333 W 111th St, Cleveland, OH 44111

    View details
    Turnkey Apartment Complex For Sale
    $1,149,900
    Turnkey Apartment Complex For Sale

    12-unit apartment complex, fully occupied, generating income.

    4160-4166 Ridge Road, Brooklyn, OH 44144

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Shepherd University
    $650,000
    3.70 Acres
    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    View details
    La Plata Land For Sale
    $250,000
    0.23 Acres
    La Plata Land For Sale

    0.23 acre parcel in La Plata, zoned CB.

    107 HOWARD Street, La Plata, MD 20646

    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806

    View details
    Brooklyn Two-Family Home with Development Potential
    $1,888,888
    2,660 SF
    Brooklyn Two-Family Home with Development Potential

    Two-family home on a large lot with significant development potential.

    69 Martense Street, Brooklyn, NY 11226

    View details

    Off-Market Properties in Lakewood, OH

    Consider similar Off-Market properties in Lakewood, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1384 Webb Rd
    APARTMENT HOUSE (5+ UNITS)
    2,304 SF Lot: 0.16 Acres
    Value Estimation by Request

    1384 Webb Rd, Lakewood, OH 44107-2226

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    2104 Lark St
    APARTMENT HOUSE (5+ UNITS)
    2,288 SF Lot: 0.09 Acres
    Value Estimation by Request

    2104 Lark St, Lakewood, OH 44107-5298

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    2050 Robin St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,538 SF Lot: 0.05 Acres
    Value Estimation by Request

    2050 Robin St, Lakewood, OH 44107-7222

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    1360 Bonnieview Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,784 SF Lot: 0.16 Acres
    Value Estimation by Request

    1360 Bonnieview Ave, Lakewood, OH 44107-2333

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    2085 Halstead Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,160 SF Lot: 0.10 Acres
    Value Estimation by Request

    2085 Halstead Ave, Lakewood, OH 44107-6242

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    1361 Phelps Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,686 SF Lot: 0.13 Acres
    Value Estimation by Request

    1361 Phelps Ave, Lakewood, OH 44107-3183

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    1353 Phelps Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,686 SF Lot: 0.13 Acres
    Value Estimation by Request

    1353 Phelps Ave, Lakewood, OH 44107-3179

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    14915 Lk Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    8,586 SF Lot: 0.29 Acres
    Estimated value
    $860,000

    14915 Lk Ave, Lakewood, OH 44107-1340

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    15631 Madison Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,131 SF Lot: 0.22 Acres
    Value Estimation by Request

    15631 Madison Ave, Lakewood, OH 44107-5620

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    2021 Halstead Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,224 SF Lot: 0.11 Acres
    Value Estimation by Request

    2021 Halstead Ave, Lakewood, OH 44107-6235

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    1623 Hopkins Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,248 SF Lot: 0.10 Acres
    Value Estimation by Request

    1623 Hopkins Ave, Lakewood, OH 44107-5068

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    1368 Bch Pkwy
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,220 SF Lot: 0.18 Acres
    Value Estimation by Request

    1368 Bch Pkwy, Lakewood, OH 44107-2946

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    1343 Bch Pkwy
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,220 SF Lot: 0.23 Acres
    Value Estimation by Request

    1343 Bch Pkwy, Lakewood, OH 44107-2939

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    Bch Ct
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.15 Acres
    Value Estimation by Request

    Bch Ct, Lakewood, OH 44107

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    1342 Bch Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,220 SF Lot: 0.23 Acres
    Value Estimation by Request

    1342 Bch Ave, Lakewood, OH 44107-2119

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    1485 Coutant Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,968 SF Lot: 0.21 Acres
    Value Estimation by Request

    1485 Coutant Ave, Lakewood, OH 44107-5188

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    1475 Coutant Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,652 SF Lot: 0.30 Acres
    Value Estimation by Request

    1475 Coutant Ave, Lakewood, OH 44107-5111

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    1600 Newman Ave
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.16 Acres
    Value Estimation by Request

    1600 Newman Ave, Lakewood, OH 44107-5259

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    14909 Clifton Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,956 SF Lot: 0.17 Acres
    Value Estimation by Request

    14909 Clifton Blvd, Lakewood, OH 44107-2574

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    2036 Lark St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,072 SF Lot: 0.11 Acres
    Value Estimation by Request

    2036 Lark St, Lakewood, OH 44107-5292

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    14903 Clifton Blvd
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,176 SF Lot: 0.19 Acres
    Value Estimation by Request

    14903 Clifton Blvd, Lakewood, OH 44107-2575

    View details
    1493 Coutant Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,968 SF Lot: 0.13 Acres
    Value Estimation by Request

    1493 Coutant Ave, Lakewood, OH 44107-5192

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    Lakewood, OH Apartment Buildings Investment Opportunities Market Analysis

    Explore 72 apartment buildings for sale in Lakewood, OH on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $4,929,000.

    Sale prices for two-family homes in Lakewood, OH start at $1,500,000, averaging $2,464,500, and reaching up to $3,429,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 50K
    Population Growth (5Y) -0.6%
    Median Household Income $65,778
    College Educated 73.2%

    High-Yield Neighborhoods for Investment

    Identify Lakewood submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    44107 $2.5M

    Taxes & Financing

    Tax Rate (average for all types) 10.67%
    Property Tax per SF $71.84 per sq ft
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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