Duplex with Vacant Upper
New
For Sale
$350,000
2110 Bunts Road, Lakewood, OH 44107
MULTI_FAMILY - Lakewood, OH
Property Size2,244 SF
Lot Size0.13 Acres
Price / SF$155.97
Days on Market3
Property Features for 2110 Bunts Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bedroom 1, Laundry Room, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 2
Parking features
Garage
Window features
Screens, Blinds
Appliances
Dryer, Range, Refrigerator, Washer
Subdivision
N C Cotapishs Bunts Road & Ma
Lot features
Corner Lot
Elementary school district
Lakewood CSD (Cuyahoga)- 1817
Middle school district
Lakewood CSD (Cuyahoga)- 1817
High school district
Lakewood CSD (Cuyahoga)- 1817
Directions
Off Athens Ave
Standard status
Active
APN
314-25-136
Size
2,244 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
19 BUNTSMAD 0029 ALL
Tax Annual Amount
5920
Legal Description
19 BUNTSMAD 0029 ALL
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Building Details
Year built
1923
Floors in Building
2
Building materials
AluminumSiding
Roof type
Asphalt
Listing Agency:
Ohio Broker Direct
(614) 989-7215
Listed By:
Joan Elflein · License #386319
(614) 989-7215
Added: Jul 31
Changed: Aug 1
Last Checked: Aug 2 at 3:06AM
MLS# 5232541
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 well maintained duplex includes two separate units, with the upper unit vacant and ready for immediate occupancy or placement of a new tenant. The lower unit has an excellent tenant in place. The home offers newer kitchen flooring, charming built-ins, and spacious front porches.
Updates include a new roof and gutters installed in March of 2026, a newer furnace, updated electrical boxes, vinyl windows, and newer siding on the garage. The property is positioned on a corner lot and includes a garage. Appliances listed include a washer, dryer, range, and refrigerator.
The duplex totals 2,244 square feet and was built in 1923. Utilities include public water and public sewer. Heating is forced air. The exterior is aluminum siding with an asphalt roof, and the home includes multiple bedrooms and two bathrooms, along with a basement and laundry room.
Updates include a new roof and gutters installed in March of 2026, a newer furnace, updated electrical boxes, vinyl windows, and newer siding on the garage. The property is positioned on a corner lot and includes a garage. Appliances listed include a washer, dryer, range, and refrigerator.
The duplex totals 2,244 square feet and was built in 1923. Utilities include public water and public sewer. Heating is forced air. The exterior is aluminum siding with an asphalt roof, and the home includes multiple bedrooms and two bathrooms, along with a basement and laundry room.
Key Highlights
- Duplex totals 2,244 SF with an upper unit vacant and lower unit occupied
- New roof and gutters installed March 2026
- Newer furnace and updated electrical boxes
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 | $36.4k | $16.20 |
| − Vacancy | −$2.4k | −$1.05 |
| EGI | $34.0k | $15.15 |
| − OpEx | −$10.2k | −$4.54 |
| NOI | $23.8k | $10.60 |
2,244 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$339.9K
$297.4K – $396.6K
NOI $23,793 @ 7.0% cap · market cap 6.80%
Second Best
Apartment 5plus
$316.9K
$277.3K – $369.7K
NOI $22,183 @ 7.0% cap · market cap 6.34%
Theoretical Best
Warehouse
$1.80M
$1.57M – $2.10M
NOI $125,859 @ 7.0% cap · market cap 35.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
659
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
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Frequently Asked Questions
What type of property is this?
Duplex - Well maintained 1923 duplex with a vacant upper unit and an occupied lower unit, plus garage parking.
Where is this duplex located?
The property is located at 2110 Bunts Road Lakewood, OH.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Duplex totals 2,244 SF with an upper unit vacant and lower unit occupied; New roof and gutters installed March 2026; Newer furnace and updated electrical boxes
