Mixed-Use Property with
New
For Sale
$985,000
17020 Madison Avenue, Lakewood, OH 44107
SINGLE_FAMILY - Lakewood, OH
Property SizeContact for details
Lot Size0.14 Acres
Days on Market1
Property Features for 17020 Madison Avenue
General Information
Property type
Residential
Property subtype
Retail
Zoning description
Multi-Family
Rooms
Basement
Parking features
Off Street, Parking Lot
Elementary school district
Lakewood CSD (Cuyahoga)- 1817
Middle school district
Lakewood CSD (Cuyahoga)- 1817
High school district
Lakewood CSD (Cuyahoga)- 1817
Directions
Head East toward Cleveland, Exit 164 to McKinley, Left onto McKinley, Right onto Madison, Destination if on your Left.
Special listing conditions
In Foreclosure
Standard status
Active
APN
313-21-028
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
13513
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1925
Number of units
9
Listing Agency:
Keller Williams Greater Metropolitan · Keller Williams Realty
(216) 839-5500
Listed By:
Mathew P Chase · License #2013002819
(440) 452-2000
Added: Aug 12
Last Checked: Aug 12 at 2:06PM
MLS# 5233468
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.
Located at 17020 Madison Avenue in Lakewood, Ohio, this mixed-use property contains six apartments and three storefronts. The residential component includes one three-bedroom unit, one two-bedroom unit, and four one-bedroom units. Two storefronts are occupied by an established business, while the property also includes a basement and parking through off-street spaces and a parking lot.
Built in 1925, the property is served by public water and public sewer and uses natural gas and forced-air heating. Its Lakewood setting provides access to downtown Lakewood, shops, restaurants, parks, entertainment, Lake Erie, Edgewater Park, Gordon Park, and downtown Cleveland.
Built in 1925, the property is served by public water and public sewer and uses natural gas and forced-air heating. Its Lakewood setting provides access to downtown Lakewood, shops, restaurants, parks, entertainment, Lake Erie, Edgewater Park, Gordon Park, and downtown Cleveland.
Key Highlights
- Six apartments with one 3‑bedroom, one 2‑bedroom, and four 1‑bedroom units
- Three storefronts; two are occupied by an established business
- 0.1414‑acre mixed‑use property at 17020 Madison Avenue
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
904
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines rented apartments with multiple storefronts and off-street parking.
Where is this mixed-use property located?
The property is located at 17020 Madison Avenue Lakewood, OH.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: Six apartments with one 3‑bedroom, one 2‑bedroom, and four 1‑bedroom units; Three storefronts; two are occupied by an established business; 0.1414‑acre mixed‑use property at 17020 Madison Avenue
