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    18239 Sloane Ave Lakewood, OH 44107

    New
    Pending
    For Sale
    $499,000

    MULTI_FAMILY - Lakewood, OH

    Property size:
    4,632 SF
    Lot size:
    0.14 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 15 at 3:06 am

    Property Features for 18239 Sloane Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bedroom 5, Bedroom 3, Bedroom 7, Laundry Room, Bathroom 4, Bedroom 8, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 2, Bathroom 2, Basement, Bathroom 1, Bedroom 1
    Bedrooms
    8
    Bathrooms
    4
    APN
    311-16-015
    Parking features
    Off Street, Parking Lot
    Appliances
    Range, Refrigerator
    Size
    4,632 SF
    Lot size
    0.14 Acres

    Utilities

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

    Building Details

    Year built
    1920
    Floors in Building
    2
    Roof type
    Flat

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

    Listing agent Mathew P Chase (440) 452-2000 License #2013002819

    Listing date Dec 11, 2025

    MLS# 5169740 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 Multifamily Investment Opportunity

    This well-maintained four-unit multifamily property is located on the west side of Lakewood, Ohio, in a highly desirable area. The property is fully rented and offers potential for increased lease rates. The building contains four units, each featuring two bedrooms and one bathroom. A parking lot is located in the rear of the property for tenant use. The property size is 4,632 square feet and the lot size is 0.1445 acres. This property is a turnkey rental property.
    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 Nail Salon Clothing Store 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
    -81.825184
    Latitude
    41.485827

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained, fully rented 4-unit building in a desirable Lakewood location.
    Where is this quadplex located?
    The property is located at 18239 Sloane Ave Lakewood, OH.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - Turn-key rental property with immediate income potential.; - Four 2-bedroom, 1-bath units.; - Located in a highly desirable area of Lakewood.
    (440) 452-2000
    Request Owner's contact information
    18239 Sloane 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
    18239 Sloane Ave Lakewood, OH 44107
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