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    1603 Cohassett Ave Lakewood, OH 44107

    Pending
    For Sale
    $339,000

    MULTI_FAMILY - Lakewood, OH

    Property size:
    2,377 SF
    Lot size:
    0.14 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 8 at 1:06 pm

    Property Features for 1603 Cohassett Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Rooms
    Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 5, Laundry Room, Bedroom 4, Bathroom 1, Bedroom 2, Basement
    Bedrooms
    5
    Bathrooms
    2
    APN
    315-09-109
    Parking features
    Garage
    Appliances
    Dryer, Range, Refrigerator, Washer
    Size
    2,377 SF
    Lot size
    0.14 Acres

    Utilities

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

    Building Details

    Year built
    1920
    Floors in Building
    3
    Building materials
    VinylSiding
    Roof type
    Asphalt, Fiberglass

    Greater Cleveland (216) 839-5500 [email protected]

    Listing agent Jeffrey C Longo (440) 554-3949 License #2017001609

    Listing date Nov 20, 2025

    MLS# 5139941 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 Duplex with Income Potential

    This well-maintained duplex is located in a desirable Lakewood location on a quiet, tree-lined street. The property features modern updates and timeless character. The lower unit is occupied by a long-term tenant, generating $1,500 per month in rental income. The upper unit is vacant and ready for rental or owner occupancy. Each unit has separate entrances, utilities, and access to a shared basement with a washer/dryer and storage. The upper unit features spacious rooms, fresh paint, and hardwood floors. The upper unit includes two bedrooms, while the lower unit has three bedrooms. Both units include a full bath, a large living room, and a dining room with built-ins. Outdoor spaces include a large front porch and backyard. Off-street parking is available. The unfinished third floor offers potential for added cash flow or expansion of the upper unit into a two-story suite. The property is located minutes from Birdtown, downtown Lakewood, parks, shopping, dining, and I-90. The property size is 2377 square feet and the lot size is 0.1377 acres.
    Property Profile 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
    -81.778701
    Latitude
    41.478876

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    FAQs

    What type of property is this?
    Duplex - Charming duplex in prime Lakewood location with immediate rental income.
    Where is this duplex located?
    The property is located at 1603 Cohassett Ave Lakewood, OH.
    What is the asking price?
    The asking price for this property is $339,000.
    What are key features of this property?
    This property features: - Prime Lakewood location on a quiet, tree-lined street, close to Birdtown, downtown Lakewood, parks, shopping, dining, and I-90.; - Duplex with immediate rental income from a long-term tenant in the lower unit ($1,500/month).; - Upper unit is vacant, move-in ready with fresh paint and hardwood floors, or ready to rent.
    (440) 554-3949
    Request Owner's contact information
    1603 Cohassett 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
    1603 Cohassett Ave Lakewood, OH 44107
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