32-Unit Renovated Apartment
New
For Sale
$2,995,000
1346 Kenilworth Avenue, Lakewood, OH 44107
Two brick buildings offer renovated interiors, attached garages, tenant storage, and owner-owned laundry facilities.
Property Size28,167 SF
Price / SF$106.33
Days on Market5
Property Features for 1346 Kenilworth Avenue
General Information
Standard status
Active
Size
28,167 SF
Property subtype
Apartment
Occupancy
97%
Net Operating Income
$200,777
Additional Details
Gross Income
$376,572
Multifamily Units
32
Taxes and HOA fees
Annual Taxes
$49,830
Amenities
attached garages
owner-owned laundry
tenant storage
Building Details
Building Size
28,167 SF
Year Built
1929
Buildings
2
Construction
brick
Listing Agency:
Keller Williams Living
(440) 670-2300
Listed By:
Erin Thomas · License #2019005940
(440) 670-2300
Source:
Asacoxhomes
Added: Aug 10
Changed: Aug 13
Last Checked: Aug 14 at 3:29AM
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 Keller Williams Living
Investment Insights
Based on property information with market context.
This 32-unit apartment property consists of two neighboring brick buildings in Lakewood, Ohio, totaling 28,167 SF. Built in 1929, the buildings include renovated kitchens and bathrooms, LVP flooring, upgraded electrical panels, improved common areas, structural garage repairs, and plumbing upgrades. Attached garages, tenant storage, and owner-owned laundry add functional amenities for residents.
The property is 97% occupied and includes an established rental operation at 1346 Kenilworth Avenue. Recent improvements address key interior, building-system, and common-area components, while utility reimbursements are being implemented and ancillary income opportunities are identified in the offering materials. The 32-unit configuration provides a single multifamily asset across two adjacent apartment buildings.
The property is 97% occupied and includes an established rental operation at 1346 Kenilworth Avenue. Recent improvements address key interior, building-system, and common-area components, while utility reimbursements are being implemented and ancillary income opportunities are identified in the offering materials. The 32-unit configuration provides a single multifamily asset across two adjacent apartment buildings.
Key Highlights
- 32‑unit apartment property totaling 28,167 SF
- Two neighboring brick apartment buildings in Lakewood, Ohio
- 97% occupied
Property Analytics
Property Profile
Current Use
Lease Details
32
Residential units
97%
Occupancy
Location Intelligence
Trade Area within ½ mile
832
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 - Two brick buildings offer renovated interiors, attached garages, tenant storage, and owner-owned laundry facilities.
Where is this apartment building located?
The property is located at 1346 Kenilworth Avenue Lakewood, OH.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: 32‑unit apartment property totaling 28,167 SF; Two neighboring brick apartment buildings in Lakewood, Ohio; 97% occupied
