1629 Northland Avenue, Lakewood, OH 44107
- Added:
- May 6, 2026
- Days on Market:
- 50
- Last Refresh:
- Jun 24 at 12:06 am
Property Features for 1629 Northland Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 3, Bedroom 6, Bathroom 1, Basement, Bedroom 1, Bedroom 2, Bedroom 5, Laundry Room, Bedroom 4
- Parking features
- Driveway, Garage
- Exterior features
- Balcony
- Appliances
- Dryer, Range, Refrigerator, Washer
- Standard status
- Pending
- APN
- 313-24-152
- Size
- 3,079 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6484
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Forced Air
- Cooling system
- Ceiling Fan(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1915
- Floors in Building
- 3
- Building materials
- WoodSiding
- Roof type
- Fiberglass, Asphalt
Listing agent Stacey A Burnett License #2014001124 (216) 965-7824
Listing office RE/MAX Crossroads Properties 1100 Linda Street, Strongsville, OH (440) 331-2870
Listing date May 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
- Duplex built in 1915 with classic wood siding and balcony exterior feature
- Each unit offers 2 bedrooms and 1 full bath
- Upper unit includes a finished third floor with an additional bedroom and bonus space
- Utilities: public water and public sewer
- Heating includes baseboard and forced air; cooling includes window unit(s) and ceiling fan(s)
- Parking includes a driveway and a garage (2‑car garage mentioned in remarks)
Overview
Located in Lakewood, Ohio (Cuyahoga County), the property is described as being in the heart of Lakewood and close to shopping, restaurants, and parks. The listing address is 1629 Northland Avenue, Lakewood, OH 44107.
The layout is well suited to an owner-occupant who wants rental income while having extra flexible space in the upper unit, or to an investor seeking a duplex configuration with consistent 2-bedroom/1-bath unit plans and an added third-floor component. The two-car garage supports day-to-day parking needs for residents.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.9k | $16.20 |
| − Vacancy | −$3.2k | −$1.05 |
| EGI | $46.6k | $15.15 |
| − OpEx | −$14.0k | −$4.54 |
| NOI | $32.6k | $10.60 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lakewood
- County
- Cuyahoga
- State
- Ohio
- Longitude
- -81.810175
- Latitude
- 41.478845
