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18-Unit Apartment Building
For Sale
$1,999,900

12015 Clifton Boulevard, Lakewood, OH 44107

CommercialSale, Lakewood, OH

Property SizeContact for details
Lot Size0.21 Acres
Days on Market54

Property Features for 12015 Clifton Boulevard

General Information

Property type Commercial Sale
Property subtype Apartment
Rooms Laundry Room, Basement
Parking features On Street
Subdivision Henry Beach Sub
Elementary school district Lakewood CSD (Cuyahoga)- 1817
Middle school district Lakewood CSD (Cuyahoga)- 1817
High school district Lakewood CSD (Cuyahoga)- 1817
Directions w 117th to Clifton, left on Clifton.
Standard status Active
APN 312-29-031
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 21 S/L 56 EP EST .17A 0055 WP
Tax Annual Amount 38182
Legal Description 21 S/L 56 EP EST .17A 0055 WP

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Natural Gas, Other (Heating), Steam, Radiant
Cooling system Window Unit(s)
Water source Public

Amenities

on-site coin laundry

Building Details

Year built 1925
Floors in Building 4
Number of units 18
Roof type Rubber, Flat
Listing Agency: Keller Williams Citywide · Keller Williams Realty
Listed By: Hannah Pannetti · License #2020002232
Added: Aug 30 Changed: Oct 21 Last Checked: Oct 22 at 3:06PM
MLS# 5240505

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.

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Investment Insights

Based on property information with market context.

This 18-unit apartment building was constructed in 1925 and occupies a 0.2149-acre lot. Some apartments have refinished hardwood floors, fresh paint, and kitchen or bath improvements; newer appliances are present in several suites. The building has coin-operated laundry, a new boiler system, and plumbing and electrical upgrades. Overall condition is described as average.

The property is on Clifton Boulevard in Lakewood, with public transit, shops, and dining described as walkable from the building. The rear lot has room for 5+ additional parking spaces. Public water and sewer serve the property.

Key Highlights

  • 18‑unit apartment building on a 0.2149‑acre lot
  • Constructed in 1925
  • Coin‑operated laundry

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

18
Residential units

Location Intelligence

Trade Area within ½ mile

758
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The property includes coin-operated laundry, a new boiler system, and plumbing and electrical upgrades.
Where is this apartment building located?
The property is located at 12015 Clifton Boulevard Lakewood, OH.
What is the asking price?
The asking price for this property is $1,999,900.
What are key features of this property?
This property features: 18‑unit apartment building on a 0.2149‑acre lot; Constructed in 1925; Coin‑operated laundry
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