32-Unit Brick Apartment
1346 Kenilworth Avenue, Lakewood, OH 44107
For Sale
$2,500,000
CommercialSale, Lakewood, OH
Property Size28,167 SF
Lot Size0.17 Acres
Price / SF$88.76
Days on Market92
Property Features for 1346 Kenilworth Avenue
General Information
Property type
Property subtype
Zoning description
Rooms
Parking features
Subdivision
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
HOA Fee
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
attached garages
owner-owned laundry
tenant storage
Building Details
Year built
Floors in Building
Number of units
Roof type
Buildings
Listing Agency:
Keller Williams Living · Keller Williams Realty
(440) 318-1620
Listed By:
Erin Thomas · License #2019005940
(440) 670-2300
Added: Aug 10
Changed: Nov 4
Last Checked: Nov 9 at 4:06AM
MLS# 5235310
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Investment Insights
Based on property information with market context.
This Lakewood apartment property comprises two brick buildings with 32 units and 28,167 square feet. Built in 1929, the buildings include attached garages, tenant storage, and owner-owned laundry. Recent work has addressed kitchens, bathrooms, flooring, electrical panels, shared areas, garage structure, and plumbing. Occupancy is 97%, and the property has an 8.03% cap rate noted for Year 1 pro forma.
At 1346 Kenilworth Avenue, the buildings sit on a 0.1747-acre parcel. Public water and sewer serve the property, with steam and hot-water heating and window-unit cooling. Parking options include garages, a lot, street parking, covered spaces, and a driveway.
At 1346 Kenilworth Avenue, the buildings sit on a 0.1747-acre parcel. Public water and sewer serve the property, with steam and hot-water heating and window-unit cooling. Parking options include garages, a lot, street parking, covered spaces, and a driveway.
Key Highlights
- 32 apartments across two adjacent brick buildings
- 28,167 square feet on a 0.1747‑acre parcel
- 97% occupied
Property Analytics
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Lease Details
32
Residential units
97%
Occupancy
Location Intelligence
Trade Area within ½ mile
832
Businesses Nearby
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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
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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 - Two adjacent buildings offer garage parking, tenant storage, and owner-operated laundry.
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 $2,500,000.
What are key features of this property?
This property features: 32 apartments across two adjacent brick buildings; 28,167 square feet on a 0.1747‑acre parcel; 97% occupied
