5-Unit Brick Apartment
New
For Sale
$325,000
2018 Dowd Avenue, Lakewood, OH 44107
CommercialSale, Lakewood, OH
Property Size3,472 SF
Lot Size0.12 Acres
Price / SF$93.61
Days on Market3
Property Features for 2018 Dowd Avenue
General Information
Property type
Commercial Sale
Property subtype
Apartment
Rooms
Basement
Parking
4
Parking features
Off Street, Parking Lot, Garage
Elementary school district
Lakewood CSD (Cuyahoga)- 1817
Middle school district
Lakewood CSD (Cuyahoga)- 1817
High school district
Lakewood CSD (Cuyahoga)- 1817
Directions
Dowd and Madison
Standard status
Active
APN
315-23-187
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
20 PLEASHI S/L 292 SP0291 ALL
Tax Annual Amount
7233
Legal Description
20 PLEASHI S/L 292 SP0291 ALL
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Window Unit(s), Central Air
Water source
Public
Building Details
Year built
1915
Listing Agency:
Keller Williams Elevate · Keller Williams Realty
(440) 572-1200
Listed By:
Antonio Biasiotta · License #2015003682
(440) 223-0575
Added: Oct 13
Last Checked: Oct 15 at 8:06AM
MLS# 5252726
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 1915 brick apartment building contains five units: three two-bedroom apartments and two one-bedroom apartments. The property encompasses approximately 3,472 square feet and includes basement storage and office space, along with a large attic. Parking accommodates four vehicles. Utilities are separately metered except for water.
The building has some updated windows and requires renovation and maintenance work. It is offered as-is.
The building has some updated windows and requires renovation and maintenance work. It is offered as-is.
Key Highlights
- Five apartments: three 2‑bedroom units and two 1‑bedroom units
- Approximately 3,472 square feet in a brick building constructed in 1915
- Parking for four vehicles
Property Analytics
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Current Use
Lease Details
5
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
927
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Basement storage and office space complement individually metered utilities, with water as the exception.
Where is this apartment building located?
The property is located at 2018 Dowd Avenue Lakewood, OH.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Five apartments: three 2‑bedroom units and two 1‑bedroom units; Approximately 3,472 square feet in a brick building constructed in 1915; Parking for four vehicles
