1392 Webb Rd Lakewood, OH 44107

Building Details

Year Built

1924

Listing agency Cushman & Wakefield CRESCO Real Estate

Listed by Max Ferguson · License #SAL.2024001884

Source Crexi

Added: Sep 18, 2025 Updated: Jul 22 at 8:52PM Checked: Jul 22 at 8:52PM

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Investment Insights

Based on property information with market context.

Webb Hall Apartments is a historic 1924 multifamily community with 37 units, including ten studio apartments and twenty-seven one-bedroom units. The building totals 19,796 SF and is currently 97.3% occupied. Units feature classic design elements such as hardwood floors and gas stoves.

Recent capital improvements include a full roof replacement, an updated boiler with digital controls, updated electrical panels, fresh sealcoating/striping of 20 parking spaces, and new LED lighting.

Located in Lakewood, the property is described as just steps from Detroit Avenue, providing residents walkable access to dining, retail, and entertainment. The remarks also note proximity to major employment hubs including the Cleveland Clinic and University Hospitals, as well as downtown Cleveland.

Key Highlights

• Webb Hall Apartments is a 37‑unit multifamily property built in 1924 with 19,796 SF.
• Unit mix includes 10 studio apartments and 27 one‑bedroom apartments.
• Currently 97.3% occupied, with consistent occupancy reported in the remarks.

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FAQs

What type of property is this?

Apartment building - Built in 1924, this 37-unit property offers studio and one-bedroom apartments with recent roof, boiler, and electrical updates.

Where is this apartment building located?

The property is located at 1392 Webb Rd Lakewood, OH.

What are key features of this property?

This property features: Webb Hall Apartments is a 37‑unit multifamily property built in 1924 with 19,796 SF.; Unit mix includes 10 studio apartments and 27 one‑bedroom apartments.; Currently 97.3% occupied, with consistent occupancy reported in the remarks.