18-Unit Apartment Building with
New
For Sale
$1,999,900
12015 Clifton Boulevard, Lakewood, OH 44017
CommercialSale, Lakewood, OH
Property SizeContact for details
Lot Size0.21 Acres
Days on Market1
Property Features for 12015 Clifton Boulevard
General Information
Property type
Commercial Sale
Property subtype
Apartment
Rooms
Basement, Laundry Room
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
Natural Gas, Other (Heating), Hot Water(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
Flat, Rubber
Listing Agency:
Keller Williams Citywide · Keller Williams Realty
(440) 892-2211
Listed By:
Hannah Pannetti · License #2020002232
(216) 403-2447
Added: Aug 30
Last Checked: Aug 30 at 6:06PM
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.
Investment Insights
Based on property information with market context.
Built in 1925, this 18-unit apartment building occupies 0.2149 acres along Clifton Boulevard in Lakewood. Interior work includes refinished hardwood flooring, fresh paint, and kitchen and bathroom improvements in multiple units, with newer appliances in several suites. A new boiler system and plumbing and electrical upgrades support the property, which also includes a basement laundry room with coin-operated equipment. Overall condition is described as average, while the building retains its original Lakewood character.
The property is near public transit, local shops, dining, Edgewater Park, Downtown Cleveland, and Lake Erie. Residents have access to on-street parking, and the rear lot has room for 5+ additional parking spaces. Public water and public sewer serve the property; heating includes natural gas, hot water, steam, and radiant systems, with window-unit cooling.
The property is near public transit, local shops, dining, Edgewater Park, Downtown Cleveland, and Lake Erie. Residents have access to on-street parking, and the rear lot has room for 5+ additional parking spaces. Public water and public sewer serve the property; heating includes natural gas, hot water, steam, and radiant systems, with window-unit cooling.
Key Highlights
- 18‑unit apartment building built in 1925
- 0.2149‑acre lot on Clifton Boulevard in Lakewood
- New boiler plus plumbing and electrical upgrades
Property Analytics
Property Profile
Current Use
Lease Details
18
Residential units
Location Intelligence
Trade Area within ½ mile
758
Businesses Nearby
Explore this area
Business Placement
Demographics for 44017, OH
18,611
Population
7,359
Households
2.5
Avg Household Size
40
Median Age
38%
College-Educated
96%
High-School Grad
6.1 sq mi
ZIP Area
3,051
Density / Sq Mi
$72,044
Median Household Income
$37,182
Median Earnings
$981
Median Rent
$187,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Income-producing multifamily property with updated building systems, select interior improvements, and on-site coin laundry.
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 built in 1925; 0.2149‑acre lot on Clifton Boulevard in Lakewood; New boiler plus plumbing and electrical upgrades
