1274 Bonnieview Avenue Lakewood, OH 44107
MULTI_FAMILY - Lakewood, OH
- Added:
- Jun 9, 2026
- Days on Market:
- 34
- Last Refresh:
- Jul 12 at 6:06 am
Property Features for 1274 Bonnieview Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 5, Bedroom 3, Basement, Bathroom 2, Bedroom 4, Bathroom 3, Bedroom 1, Laundry Room, Bedroom 2, Bathroom 1
- Parking features
- Garage, Open
- Window features
- Blinds
- Interior features
- EatInKitchen, KitchenIsland, OpenFloorplan, Pantry
- Appliances
- Dryer, Dishwasher, Disposal, Refrigerator, Washer
- Standard status
- Active Under Contract
- APN
- 311-26-064
- Size
- 2,884 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 23 ATWELL 0069 SP
- Tax Annual Amount
- 8564
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1921
- Floors in Building
- 3
- Building materials
- Frame, VinylSiding
- Roof type
- Shingle
Listing agent Joan Elflein License #386319 (614) 989-7215
Listing office Ohio Broker Direct 2665 Spangler Road, Columbus, OH (614) 989-7215
Listing date Jun 9, 2026
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
A detached 3.5-car garage is an on-site convenience feature, with one dedicated bay assigned to each unit. The lot is listed at 0.1313 acres, and the property size is provided as 2,884 square feet.
The unit mix supports flexible living or renting options for an owner-occupant or investor. With in-unit laundry equipment separated by unit and included appliances ready to convey, the property is positioned for straightforward occupancy at the time of transfer. The dedicated garage bay assignments further help reduce shared-area friction for tenants or residents.
Key Highlights
- Three‑unit triplex with two 2‑bedroom units and one 1‑bedroom unit
- Detached 3.5‑car garage with one dedicated bay assigned to each unit
- Basement includes three separate washer and dryer units for individual tenant use
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.7k | $16.20 |
| − Vacancy | −$3.0k | −$1.05 |
| EGI | $43.7k | $15.15 |
| − OpEx | −$13.1k | −$4.54 |
| NOI | $30.6k | $10.60 |
