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    1205 Warren Rd Lakewood, OH 44107

    Pending
    For Sale
    $499,000

    MULTI_FAMILY - Lakewood, OH

    Property size:
    2,876 SF
    Lot size:
    0.10 Acres
    Days on Market:
    15
    Last Refresh:
    Dec 7 at 11:06 pm

    Property Features for 1205 Warren Rd

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Rooms
    Bathroom 3, Laundry Room, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 5, Bathroom 1, Basement, Bedroom 1
    Bedrooms
    5
    Bathrooms
    3
    APN
    312-15-086
    Parking features
    Driveway, Garage
    Appliances
    Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
    Size
    2,876 SF
    Lot size
    0.10 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1919
    Floors in Building
    3
    Building materials
    VinylSiding
    Roof type
    Asphalt, Fiberglass

    RE/MAX Crossroads (800) 887-7444 [email protected]

    Listing agent Anthony R Latina (440) 465-5611 License #2016003431

    Listing date Nov 23, 2025

    MLS# 5165258 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 Triplex: Turnkey Investment Opportunity

    Located in the heart of Lakewood, this meticulously maintained and fully furnished triplex at 1205 Warren Rd presents a rare investment opportunity, blending timeless character with modern updates. The property features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, all designed for comfortable living. Each unit has been updated inside and out, offering cozy interiors with decorative fireplaces, stylish furnishings, and welcoming color palettes. The property has curb appeal and architectural details. The interiors offer a mix of old Lakewood charm and modern convenience. A new central air conditioning system was installed in 2021. This property offers flexibility and value for investors seeking an income property or buyers looking for a home with rental potential. The property generated approximately $95,000 through AirBNB in 2024, with projections for 2025 indicating even higher potential. Situated in a prime Lakewood location near restaurants, shopping, and entertainment, this turnkey triplex is an opportunity to own a performer in one of Cleveland's desirable neighborhoods. The lot size is 0.104 acres and the property size is 2876 square feet. Furnishings are negotiable.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    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
    -81.798952
    Latitude
    41.490541

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    FAQs

    What type of property is this?
    Triplex - Fully furnished triplex in Lakewood with modern updates and income potential.
    Where is this triplex located?
    The property is located at 1205 Warren Rd Lakewood, OH.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - Turnkey Triplex: Fully furnished and updated units ready for immediate occupancy or rental.; - High Income Potential: Proven Airbnb income of approximately $95k in 2024, with projections for higher returns in 2025.; - Prime Lakewood Location: Close proximity to popular restaurants, shopping, and entertainment.
    (440) 465-5611
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    1205 Warren Rd 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
    1205 Warren Rd Lakewood, OH 44107
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