Three-Bedroom Duplex
For Sale
$410,000
1221 Brockley Avenue, Lakewood, OH 44107
ResidentialIncome, Lakewood, OH
Property Size2,190 SF
Lot Size0.11 Acres
Price / SF$187.21
Days on Market38
Property Features for 1221 Brockley Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Laundry Room, Bedroom 5, Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4
Parking features
Garage
Subdivision
Delmar
Elementary school district
Lakewood CSD (Cuyahoga)- 1817
Middle school district
Lakewood CSD (Cuyahoga)- 1817
High school district
Lakewood CSD (Cuyahoga)- 1817
Directions
From Lake Ave go south on Brockley Ave. House is on the left.
Standard status
Active
APN
311-32-142
Size
2,190 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
22 DELMAR 0043 ALL
Tax Annual Amount
7250
Legal Description
22 DELMAR 0043 ALL
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Window Unit(s), Central Air
Water source
Public
Building Details
Year built
1915
Floors in Building
2
Building materials
VinylSiding
Roof type
Asphalt
Buildings
1
Listing Agency:
Keller Williams Citywide · Keller Williams Realty
(440) 892-2211
Listed By:
Ed Huck · License #390263
(440) 617-2500
Added: Sep 16
Changed: Oct 23
Last Checked: Oct 23 at 9:06PM
MLS# 5245217
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,190-square-foot duplex contains two units, each with three bedrooms and one full bathroom. The upper residence received refinished hardwood floors in 2024, fresh paint in 2026, a bathroom remodel in 2018, and a furnace and central air system in 2024. The lower unit has fresh paint, a furnace installed in 2019, and a dishwasher replaced in 2026.
Exterior work includes replacement siding in 2024 and vinyl windows in 2019; the roof, gutters, downspouts, and detached garage roof were updated in 2026, 2026, 2026, and 2019, respectively. A full basement provides storage and laundry space, with the washer replaced within the past year. The property also has a detached garage and smart-lock technology at the side entry and garage doors.
Exterior work includes replacement siding in 2024 and vinyl windows in 2019; the roof, gutters, downspouts, and detached garage roof were updated in 2026, 2026, 2026, and 2019, respectively. A full basement provides storage and laundry space, with the washer replaced within the past year. The property also has a detached garage and smart-lock technology at the side entry and garage doors.
Key Highlights
- Two units, each with 3 bedrooms and 1 full bathroom
- 2,190 square feet on a 0.1102‑acre lot
- Upper unit improvements include refinished hardwood floors (2024), bathroom remodel (2018), and furnace and central air (2024)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,220
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$464,400
$464.4K
Cap Rate 7%
$331,714
$331.7K
Cap Rate 9%
$258,000
$258.0K
Market Conditions
NOI Build-Up for 2,190 SF
Gross rent
$35.5K $16.20/SF
− Vacancy
−$2.3K −$1.05/SF
EGI
$33.2K $15.15/SF
− OpEx
−$10.0K −$4.54/SF
NOI
$23.2K $10.60/SF
Area
Cuyahoga County, OH
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$464,400
Cap Rate 7%
$331,714
Cap Rate 9%
$258,000
Alternative Uses
Best Use
Multifamily LT 5
$331.7K
$290.3K – $387.0K
NOI $23,220 @ 7.0% cap · market cap 5.66%
Second Best
Apartment 5plus
$309.3K
$270.6K – $360.8K
NOI $21,649 @ 7.0% cap · market cap 5.28%
Theoretical Best
Warehouse
$1.75M
$1.54M – $2.05M
NOI $122,831 @ 7.0% cap · market cap 29.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,044
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer a flexible setup, with basement laundry and a detached garage for off-street parking.
Where is this duplex located?
The property is located at 1221 Brockley Avenue Lakewood, OH.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 1 full bathroom; 2,190 square feet on a 0.1102‑acre lot; Upper unit improvements include refinished hardwood floors (2024), bathroom remodel (2018), and furnace and central air (2024)
