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    1323 Beach Ave Lakewood, OH 44107

    For Sale
    $635,000

    MULTI_FAMILY - Lakewood, OH

    Property size:
    4,235 SF
    Lot size:
    0.11 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 1323 Beach Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 5, Bedroom 6, Bathroom 4, Bedroom 2, Bathroom 3, Laundry Room, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 7, Basement, Bedroom 8, Bedroom 3, Bathroom 2
    Bedrooms
    8
    Bathrooms
    4
    APN
    312-33-072
    Parking features
    Off Street, Parking Lot
    Size
    4,235 SF
    Lot size
    0.11 Acres

    Utilities

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

    Building Details

    Year built
    1905
    Floors in Building
    2
    Building materials
    Stone, VinylSiding, WoodSiding
    Roof type
    Flat

    LPT Realty (877) 366-2213 [email protected]

    Listing agent Alexander Castrey (310) 995-6847 License #2025005142

    Listing date Nov 20, 2025

    MLS# 5164958 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-Unit Investment Opportunity

    This 4,235 square foot property in Lakewood, OH, presents a rare investment opportunity. It features four spacious units, each with two bedrooms and one bathroom, and several include bonus rooms. The apartments offer formal dining rooms, decorative fireplaces, attractive hardwood floors, and abundant natural light. Residents can enjoy the expansive, two-story front porch. The interiors have been updated with modern finishes, including renovated kitchens and baths and stainless-steel appliances. The building has undergone extensive capital improvements, including a brand-new two-story rear porch, new front porch columns and flooring, new water heaters and furnaces, upgraded electric panels, and significant copper re-piping. Five off-street parking spaces are available at the rear of the property, and coin-operated laundry in the shared basement provides supplemental income. Located near Lakewood's amenities, restaurants, and grocery options, the property is also steps away from the Studio West 117 redevelopment. With most major improvements complete, this property offers stable income and minimal deferred maintenance.
    Property Profile Insight Report 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
    -81.773672
    Latitude
    41.486296

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    FAQs

    What type of property is this?
    Quadplex - Updated four-unit property with modern finishes and recent capital improvements.
    Where is this quadplex located?
    The property is located at 1323 Beach Ave Lakewood, OH.
    What is the asking price?
    The asking price for this property is $635,000.
    What are key features of this property?
    This property features: - Rare four-unit investment property in Lakewood.; - Extensive capital improvements completed: new porches, water heaters, furnaces, electric panels, and copper re-piping.; - Updated interiors with renovated kitchens and baths, stainless-steel appliances, and hardwood floors.
    (310) 995-6847
    Request Owner's contact information
    1323 Beach 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
    1323 Beach Ave Lakewood, OH 44107
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