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    1559/1561 Lauderdale Ave Lakewood, OH 44107

    Sponsored
    For Sale
    $419,900

    MULTI_FAMILY - Lakewood, OH

    Property size:
    2,500 SF
    Lot size:
    0.10 Acres
    Days on Market:
    5
    Last Refresh:
    Jan 8 at 12:06 am

    Property Features for 1559/1561 Lauderdale Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 6, Bedroom 4, Bedroom 1, Bedroom 5, Bedroom 2, Basement, Bedroom 3, Bathroom 2, Bathroom 1
    Bedrooms
    6
    Bathrooms
    2
    APN
    313-23-169
    Parking features
    Garage
    Appliances
    Range, Refrigerator
    Size
    2,500 SF
    Lot size
    0.10 Acres

    Utilities

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

    Building Details

    Year built
    1915
    Floors in Building
    3
    Building materials
    WoodSiding
    Roof type
    Asphalt, Fiberglass

    Russell Real Estate Services (440) 268-9491 [email protected]

    Listing agent Rick Misencik (216) 408-4097 License #2004022543

    Listing date Jan 4, 2026

    MLS# 5169856 Listing URL

    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.

    Overview

    Lakewood Duplex with Upgrades

    This multifamily property in Lakewood, Ohio, features a duplex with three bedrooms per unit. The side-by-side double has private front and rear entrances, along with private basements and attics. The units include large master bedrooms and hardwood floors throughout, as well as replacement windows. Both units have central A/C. Full kitchen and bathroom remodels were completed in 2022. Additional upgrades include a new A/C unit, new hot water tank, and new dishwasher and dryer in the 1559 unit, all installed in 2025. The 1561 unit received a new furnace in 2022, and the garage roof was replaced in 2022. Situated between Madison and Detroit Road, the property is within walking distance of entertainment, shopping, and restaurants. The property size is approximately 2500 square feet, situated on a lot of approximately 0.1017 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    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
    -81.813585
    Latitude
    41.480828

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    FAQs

    What type of property is this?
    Duplex - Updated duplex near entertainment, shopping, and restaurants.
    Where is this duplex located?
    The property is located at 1559/1561 Lauderdale Ave Lakewood, OH.
    What is the asking price?
    The asking price for this property is $419,900.
    What are key features of this property?
    This property features: - Two units, side-by-side double, each with private entrances, basements, and attics.; - **Extensive recent renovations including full kitchen and bathroom remodels in 2022.**; - New appliances in one unit (1559) in 2025: dishwasher, dryer, A/C, and H2O tank.
    (216) 408-4097
    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
    1559/1561 Lauderdale Ave Lakewood, OH 44107
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