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    1175 Andrews Ave Lakewood, OH 44107

    Pending
    For Sale
    $540,000

    MULTI_FAMILY - Lakewood, OH

    Property size:
    5,272 SF
    Lot size:
    0.12 Acres
    Days on Market:
    31
    Last Refresh:
    Dec 6 at 8:06 pm

    Property Features for 1175 Andrews Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bathroom 3, Bedroom 1, Bedroom 5, Bedroom 6, Basement, Bedroom 3, Laundry Room, Bathroom 1, Bathroom 4, Bedroom 7, Bedroom 4, Bedroom 8, Bedroom 2, Bathroom 2
    Bedrooms
    8
    Bathrooms
    4
    APN
    312-12-076
    Parking features
    Parking Lot, Off Street, Garage
    Appliances
    Range, Refrigerator
    Size
    5,272 SF
    Lot size
    0.12 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1916
    Floors in Building
    3
    Building materials
    Brick
    Roof type
    Flat

    Remax Beyond 2000 Realty (440) 842-7200 [email protected]

    Listing agent Michelle M Mehaffey (216) 233-8316 License #2004020883

    Listing date Nov 6, 2025

    MLS# 5155871 Listing URL

    Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lakewood Four-Family Investment Opportunity

    This all-brick, four-family building is located in the heart of Lakewood. Each of the four units features 1,146 sq. ft. of living space, including 2 bedrooms, 1 full bath, a formal dining room, a spacious living room, and a bonus office/hobby room filled with natural light. The units have been updated with remodeled kitchens and baths while maintaining the building's original character. Significant improvements to the building include a new roof, updated windows, separate electric panels, and new furnaces with ductwork in each unit. Enhanced firewalls have been installed between units. A shared coin-operated laundry is located in the lower level. There is potential for additional income by rebuilding the former garden unit. The property includes 5 parking spaces in the rear lot. Situated on a 0.1157-acre lot, the property is conveniently located steps from public transportation, grocery stores, shopping, restaurants, parks, and the library. The property offers immediate rental appeal with long-term investment potential. The property is suitable for use as a multifamily property, quadplex, or residential income property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.802122
    Latitude
    41.491255

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    FAQs

    What type of property is this?
    Quadplex - Updated four-unit building in prime Lakewood location near amenities.
    Where is this quadplex located?
    The property is located at 1175 Andrews Ave Lakewood, OH.
    What is the asking price?
    The asking price for this property is $540,000.
    What are key features of this property?
    This property features: - Prime Lakewood location: Steps from transportation, grocery stores, shopping, restaurants, parks, and the library.; - Completely updated units: Each unit features remodeled kitchens and baths while maintaining original character.; - Significant building improvements: New roof, updated windows, separate electric panels, new furnaces with ductwork, and enhanced firewalls.
    (216) 233-8316
    Request Owner's contact information
    1175 Andrews Ave Lakewood, OH 44107
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    Lakewood, OH 44107
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1175 Andrews Ave Lakewood, OH 44107
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