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    1461 Newman Ave Lakewood, OH 44107

    For Sale
    $245,000

    MULTI_FAMILY - Lakewood, OH

    Lot size:
    0.12 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 14 at 9:06 am

    Property Features for 1461 Newman Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 1, Basement, Bedroom 1
    Bedrooms
    4
    Bathrooms
    2
    APN
    315-13-064
    Parking features
    Garage
    Lot size
    0.12 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1893
    Floors in Building
    2
    Building materials
    AluminumSiding, VinylSiding
    Roof type
    Asphalt, Fiberglass

    81West Realty (440) 345-9062 [email protected]

    Listing agent Dion P Hocking (440) 476-2132 License #2012001516

    Listing date Nov 21, 2025

    MLS# 5171788 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 Victorian Duplex For Sale

    This Victorian-style duplex, located in Lakewood, Ohio, features a 2-bedroom, 1-bath upper unit and a 2-bedroom, 1-bath lower unit. Each unit offers bright living spaces and classic architectural details. The property has been waterproofed. Situated minutes from Lake Erie, Edgewater Park, and downtown Cleveland, the duplex is within walking distance of restaurants, cafes, shops, and everyday amenities. The property is located in Lakewood, Cuyahoga County, Ohio, with a lot size of 0.1194 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakewood
    County
    Cuyahoga
    State
    Ohio
    Longitude
    -81.77166016
    Latitude
    41.48212911

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    FAQs

    What type of property is this?
    Duplex - Charming Victorian duplex in Lakewood, Ohio, near Lake Erie.
    Where is this duplex located?
    The property is located at 1461 Newman Ave Lakewood, OH.
    What is the asking price?
    The asking price for this property is $245,000.
    What are key features of this property?
    This property features: - Desirable Lakewood location near Lake Erie, Edgewater Park, and downtown Cleveland.; - Duplex with two 2-bedroom, 1-bath units, offering rental income potential or owner-occupancy.; - Walking distance to restaurants, cafes, shops, and everyday amenities.
    (440) 476-2132
    Request Owner's contact information
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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
    1461 Newman Ave Lakewood, OH 44107
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