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Six-Unit Apartment Building with Parking
For Sale
$249,900

2109 Halstead Ave, Lakewood, OH 44107

Six-unit multifamily with off-street parking and electric baseboard heat in each unit, with owner-paid water/sewer.

Property SizeContact for details
Days on Market126

Property Features for 2109 Halstead Ave

General Information

Standard status Active

Additional Details

Business Included Yes
Highway Access Yes
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $7,782
Listing Agency: RE/MAX Above & Beyond
Listed By: Jeffrey J Cimbulich · License #2015005087
Source: Exprealty
Added: Apr 30 Changed: Aug 20 Last Checked: Sep 1 at 9:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Above & Beyond

Investment Insights

Based on property information with market context.

This turnkey six-unit apartment building offers a straightforward rental setup with electric baseboard heat in each unit. Recent updates include fresh paint across most units, along with some additional updates completed when units were vacant. Off-street parking is provided for tenant convenience. For utilities, the owner covers water and sewer, while tenants pay their own electric.

At the time of listing, four units are currently leased, with two units vacant and available to view prior to an accepted offer.

The property is positioned across from an artist studio, gallery, and event space, with a short walk to restaurants, parks, and public transportation, and convenient highway access nearby.

Key Highlights

  • Six‑unit multifamily property with electric baseboard heat in each unit
  • 4 units currently leased for immediate cash flow; 2 units vacant and can be shown prior to an accepted offer
  • Owner pays water/sewer; tenants pay their own electric bill

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Accounting Firm Dental Office Auto Parts Store Parking Lot & Garage

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

Lease Details

6
Residential units
Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

786
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?
Apartment building - Six-unit multifamily with off-street parking and electric baseboard heat in each unit, with owner-paid water/sewer.
Where is this apartment building located?
The property is located at 2109 Halstead Ave Lakewood, OH.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Six‑unit multifamily property with electric baseboard heat in each unit; 4 units currently leased for immediate cash flow; 2 units vacant and can be shown prior to an accepted offer; Owner pays water/sewer; tenants pay their own electric bill
More about this property
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