12-Unit Brick Apartment
13389 Madison Avenue, Lakewood, OH 44107
For Sale
$975,000
CommercialSale, Lakewood, OH
Property SizeContact for details
Lot Size0.11 Acres
Days on Market49
Property Features for 13389 Madison Avenue
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Listing Agency:
Keller Williams Living · Keller Williams Realty
(440) 318-1620
Listed By:
Rick S Tannenbaum · License #2021006081
(216) 406-8598
Added: Sep 22
Changed: Oct 16
Last Checked: Nov 9 at 4:06AM
MLS# 5237519
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
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This 12-unit brick apartment building, constructed in 1923, includes 10 one-bedroom apartments and two efficiencies. The property also has a full basement, forced-air heating, public water, and public sewer on a 0.1102-acre parcel.
Located on Madison Avenue in Lakewood, the building is positioned near dining, shopping, and public transit. The apartment mix and basement provide the property’s primary physical features for multifamily ownership and operation.
Located on Madison Avenue in Lakewood, the building is positioned near dining, shopping, and public transit. The apartment mix and basement provide the property’s primary physical features for multifamily ownership and operation.
Key Highlights
- 12‑unit apartment building with 10 one‑bedroom apartments and two efficiencies
- Brick construction dating to 1923
- Full basement included
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Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
785
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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
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Market
Properties on Market for Apartment buildings in Cuyahoga County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Brick multifamily property with a mixed apartment layout and full basement.
Where is this apartment building located?
The property is located at 13389 Madison Avenue Lakewood, OH.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 12‑unit apartment building with 10 one‑bedroom apartments and two efficiencies; Brick construction dating to 1923; Full basement included
