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Multifamily Property
For Sale
$527,900

15400 Hilliard Road, Lakewood, OH 44107

CommercialSale, Lakewood, OH

Property SizeContact for details
Lot Size0.27 Acres
Days on Market194

Property Features for 15400 Hilliard Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Single-Family
Subdivision Mars E Wagar
Elementary school district Lakewood CSD (Cuyahoga)- 1817
Middle school district Lakewood CSD (Cuyahoga)- 1817
High school district Lakewood CSD (Cuyahoga)- 1817
Directions Misc addresses
Standard status Active
APN 314-02-013
Lot size 0.27 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 22 WAGAR S/L 34 SWP 0033 SEP
Tax Annual Amount 9709
Legal Description 22 WAGAR S/L 34 SWP 0033 SEP

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1915
Listing Agency: Russell Real Estate Services
Listed By: Kimberly Kepling · License #2018000318
Added: Feb 23 Changed: Aug 20 Last Checked: Sep 5 at 1:06PM
MLS# 5188647

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property at 15400 Hilliard Road occupies 0.27 acres and dates to 1915. The property is connected to public water and public sewer service.

The Lakewood property is included within a three-property portfolio that also contains two Cleveland properties. Showings require 24-hour advance notice, and the seller may arrange for units to be vacant before title transfer at the buyer’s request.

Key Highlights

  • Included in a 3‑property portfolio
  • 0.27‑acre multifamily property
  • Built in 1915

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Auto Parts Store Carpet & Flooring Store Home Appliance Store Parking Lot & Garage Storage Facility (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

1,811
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Built in 1915 with public water and sewer service.
Where is this multifamily property located?
The property is located at 15400 Hilliard Road Lakewood, OH.
What is the asking price?
The asking price for this property is $527,900.
What are key features of this property?
This property features: Included in a 3‑property portfolio; 0.27‑acre multifamily property; Built in 1915
More about this property
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