1559 Hopkins Avenue, Lakewood, OH 44107
MULTI_FAMILY - Lakewood, OH
- Added:
- Jul 6, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 7 at 9:06 pm
Property Features for 1559 Hopkins Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 1, Laundry Room, Bedroom 2, Bedroom 5, Bathroom 1, Basement, Bathroom 2, Bedroom 4, Bedroom 3
- Parking features
- Driveway
- Appliances
- Dryer, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 315-14-104
- Size
- 2,884 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4791
Utilities
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1903
- Floors in Building
- 3
- Building materials
- AluminumSiding
- Roof type
- Asphalt
Listing agent Christopher A Frederick License #426983 (216) 210-7653
Listing office Coldwell Banker Schmidt Realty 32648 Center Ridge Road, Strongsville, OH (440) 327-2123
Listing date Jul 6, 2026
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.
HighLights
- Lakewood duplex built in 1903 with two units and separate gas and electric meters
- First‑floor unit has 2 bedrooms; it is vacant and ready for immediate occupancy or rental
- Second‑floor unit offers 2 bedrooms plus a finished third‑floor bedroom, studio, and flex space; leased month‑to‑month at $1,700/month
- Updated basement improvements in 2009; furnaces about 4–6 years old; hot water tanks 2014 & 2015
- Electrical service updated in 2008; new PVC sewer line from the house to the street installed in 2020
- Appliances included: washer, dryer, range, and refrigerator; heating is forced air with natural gas
Overview
Separate gas and electric meters help support independent utility usage. The property is supported by documented major mechanical updates, including basement improvements completed in 2009. Furnaces are approximately 4 to 6 years old, hot water tanks were installed in 2014 and 2015, and the electrical service was updated in 2008. A new PVC sewer line from the house to the street was added in 2020.
The configuration is well-suited to both owner-occupants and investors seeking income from an occupied unit while having the option to live in the other. With a vacant first-floor unit available for showings and an upstairs tenant currently in place, the property provides flexibility for those looking to stabilize rental income while planning their next move. The second-floor unit may be viewed upon acceptance of an offer.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lakewood
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.772801
- Latitude
- 41.479542