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Apartment Building with Carports

1429-1435 Owego Avenue, Lakewood, OH 44107

For Sale
Contact for pricing

Recent roof and boiler replacements update this family-managed multifamily property.

Property SizeContact for details
Days on Market33

Property Features for 1429-1435 Owego Avenue

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Cushman & Wakefield | CRESCO Real Estate
Listed By: David Leb · License #OH SAL.2015004836
Source: Crexi
Added: Oct 8 Changed: Nov 8 Last Checked: Nov 8 at 4:21PM

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 Cushman & Wakefield | CRESCO Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This Lakewood apartment property includes carports, a feature that distinguishes it from many apartment complexes in the area. The roof and boiler were replaced within the last two years. A local family has owned and managed the property for 70 years.

Restaurants and bars, including Georgetown Vosh, West End Tavern, Lakewood Truck Park, and Immigrant Son Brewery, are within walking distance. The Cleveland Clinic, Lakewood Family Health Center, Lakewood Park, and Downtown Rocky River are within a 10-minute drive.

Key Highlights

  • Carports provide covered parking for residents
  • Roof and boiler replaced within the last two years
  • Owned and managed by a local family for 70 years

Location Intelligence

Trade Area within ½ mile

795
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

Properties on Market for Apartment buildings in Cuyahoga County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Recent roof and boiler replacements update this family-managed multifamily property.
Where is this apartment building located?
The property is located at 1429-1435 Owego Avenue Lakewood, OH.
What are key features of this property?
This property features: Carports provide covered parking for residents; Roof and boiler replaced within the last two years; Owned and managed by a local family for 70 years
(216) 525-1488 Call to check price and availability
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