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11-Unit Apartment Building
For Sale
$1,199,900

1419 Roycroft Ave, Lakewood, OH 44107

Fully occupied property with one-bedroom, one-bath apartments and updates completed in most units within the last four years.

Property SizeContact for details
Days on Market54

Property Features for 1419 Roycroft Ave

General Information

Standard status Active
Occupancy 100%

Units

Unit Mix 11 x 1BR/1BA
Multifamily Units 11

Taxes and HOA fees

Annual Taxes $27,109
Listing Agency: RE/MAX Infinity
Listed By: Jaren T Fink · License #2019002906
Source: Exprealty
Added: Jul 8 Changed: Aug 27 Last Checked: Aug 30 at 8:04PM

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 RE/MAX Infinity

Investment Insights

Based on property information with market context.

This 11-unit apartment building contains a consistent mix of one-bedroom, one-bath residences. The property is fully occupied, and most apartments have received updates within the last 4 years, including interior paint, flooring, cabinetry, and appliances.

The building is located at 1419 Roycroft Ave in Lakewood, OH. Its uniform unit configuration and completed improvements provide a clear overview of the existing residential offering.

Key Highlights

  • 11‑unit apartment building
  • Fully occupied residential property
  • All apartments are configured as 1 bedroom/1 bathroom

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Food Market Grocery & Convenience Store Daycare Center Auto Parts Store Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

698
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied property with one-bedroom, one-bath apartments and updates completed in most units within the last four years.
Where is this apartment building located?
The property is located at 1419 Roycroft Ave Lakewood, OH.
What is the asking price?
The asking price for this property is $1,199,900.
What are key features of this property?
This property features: 11‑unit apartment building; Fully occupied residential property; All apartments are configured as 1 bedroom/1 bathroom
More about this property
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