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Six-Unit Apartment Building
For Sale
$249,900

2109 Halstead Avenue, Lakewood, OH 44107

CommercialSale, Lakewood, OH

Property SizeContact for details
Lot Size0.10 Acres
Days on Market127

Property Features for 2109 Halstead Avenue

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning description Commercial
Rooms Basement
Parking 6
Parking features Driveway
Elementary school district Lakewood CSD (Cuyahoga)- 1817
Middle school district Lakewood CSD (Cuyahoga)- 1817
High school district Lakewood CSD (Cuyahoga)- 1817
Directions Off Madison Ave, between Bunts Rd and W 117th St.
Standard status Active
APN 315-22-014
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 20 PLEASHI 0323 ALL
Tax Annual Amount 7782
Legal Description 20 PLEASHI 0323 ALL

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Baseboard
Cooling system Window Unit(s), Ceiling Fan(s)
Water source Public

Amenities

off-street parking

Building Details

Year built 1901
Number of units 6
Roof type Fiberglass, Asphalt
Listing Agency: RE/MAX Above & Beyond · RE/MAX International
Listed By: Jeffrey J Cimbulich · License #2015005087
Added: Apr 30 Changed: Sep 2 Last Checked: Sep 3 at 4:06PM
MLS# 5200201

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.

Investment Insights

Based on property information with market context.

This six-unit apartment property was built in 1901 and includes electric baseboard heat in each unit. Most apartments have been freshly painted, with additional updates completed as units became vacant. Four units are leased, while two are vacant and available for inspection before an accepted offer. Window units and ceiling fans provide cooling, and the building includes a basement, asphalt and fiberglass roofing, and driveway parking.

The property occupies 0.1001 acres in Lakewood, Ohio, directly across from an artist studio, gallery, and event space. Restaurants, parks, public transportation, and nearby highway access are within a short walk or convenient reach. Public water and public sewer serve the property. The owner currently covers water and sewer, while tenants pay their electric bills.

Key Highlights

  • Six‑unit apartment property built in 1901
  • 4 units leased and 2 units vacant
  • Electric baseboard heat in each unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Accounting Firm Dental Office Auto Parts Store Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

786
Businesses Nearby

Demographics for 44107, OH

51,109
Population
29,101
Households
1.8
Avg Household Size
36
Median Age
54%
College-Educated
95%
High-School Grad
5.4 sq mi
ZIP Area
9,465
Density / Sq Mi
$65,778
Median Household Income
$49,285
Median Earnings
$1,011
Median Rent
$241,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated multifamily property with occupied and vacant units, electric baseboard heat, and off-street driveway parking.
Where is this apartment building located?
The property is located at 2109 Halstead Avenue Lakewood, OH.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Six‑unit apartment property built in 1901; 4 units leased and 2 units vacant; Electric baseboard heat in each unit
More about this property
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