1275 Donald Avenue, Lakewood, OH 44107
- Added:
- Apr 21, 2026
- Days on Market:
- 50
- Last Refresh:
- Jun 9 at 1:06 am
Property Features for 1275 Donald Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 3, Bathroom 1, Laundry Room, Basement, Bedroom 4, Bedroom 1, Bedroom 2
- Parking features
- Garage
- Interior features
- CeilingFans
- Appliances
- Dishwasher, Range, Refrigerator
- Standard status
- Pending
- APN
- 312-26-091
- Size
- 2,500 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6232
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1915
- Floors in Building
- 3
- Building materials
- VinylSiding, WoodSiding
- Roof type
- Asphalt, Fiberglass
Listing agent Michael A Ferrante License #2019005741 (216) 373-7727
Listing office LPT Realty 7055 Engle Rd., Building 6-601, Middleburg Hts, OH (877) 366-2213
Listing date Apr 21, 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.
HighLights
- Lakewood duplex with two units: 2‑bedroom/1‑bath first‑floor unit and 4‑bedroom/1‑bath upper unit
- About 2,500 SF total with a full unfinished basement and two laundry setups
- Remodeled kitchens and baths, plus vinyl plank flooring and newer fixtures
- Separately metered gas and electric
- Detached 2‑car garage, plus living room fireplaces and spacious front porches
- Built in 1915 with forced‑air natural gas heat and ceiling fans
Overview
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 | $40.5k | $16.20 |
| − Vacancy | −$2.6k | −$1.05 |
| EGI | $37.9k | $15.15 |
| − OpEx | −$11.4k | −$4.54 |
| NOI | $26.5k | $10.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lakewood
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.779909
- Latitude
- 41.488378
