Lakewood Multifamily Property with
For Sale
Contact for pricing
17105 Madison Ave, Lakewood, OH 44107
Well-maintained 12-unit building in desirable Lakewood location.
Property SizeContact for details
Days on Market488
Property Features for 17105 Madison Ave
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
C1
Building Details
Year Built
1959
Listing Agency:
HALSTEAD CAPITAL LLC
Listed By:
Mark Moskwa · License #NY
Source:
Crexi
Added: Apr 9, 2025
Changed: Aug 8
Last Checked: Aug 8 at 2:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HALSTEAD CAPITAL LLC
Investment Insights
Based on property information with market context.
Located in the highly desirable Lakewood sub-market, 17105 Madison is a well-maintained 12-suite property. The building features a desirable unit mix consisting of 10 two-bedroom units. Unique building features include a gabled roof and covered garage. The property benefits from a low operating cost structure due to individually metered gas furnaces. Situated within the Hilliard Triangle, the property is directly across from the Rocky River Reservation, ensuring strong rental demand. One unit features modern upgrades including granite countertops and modern bathroom vanities; one unit remains unupdated due to a long-term tenant. Tenants are responsible for gas and electricity expenses. Each unit includes its own garage space, with individual storage space available on-premise. An on-site laundry facility provides additional income. The property experiences high rental demand, particularly from March through October. A high walk score provides exceptional accessibility to local dining, boutiques, and amenities. This turn-key property offers an attractive entry point with potential for value enhancement through rent adjustments and monetization of parking spaces.
Key Highlights
- Prime Lakewood Location: Directly across from the Rocky River Reservation, ensuring strong rental demand.
- Desirable Unit Mix: Features 10 two‑bedroom units out of 12 total suites.
- Low Operating Costs: Tenants pay for both gas and electricity.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
575
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
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 - Well-maintained 12-unit building in desirable Lakewood location.
Where is this apartment building located?
The property is located at 17105 Madison Ave Lakewood, OH.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Prime Lakewood Location: Directly across from the Rocky River Reservation, ensuring strong rental demand.; Desirable Unit Mix: Features 10 two‑bedroom units out of 12 total suites.; Low Operating Costs: Tenants pay for both gas and electricity.
