Duplex with Spacious
For Sale
$350,000
2110 Bunts Road, Lakewood, OH 44107
ResidentialIncome, Lakewood, OH
Property Size2,244 SF
Lot Size0.13 Acres
Price / SF$155.97
Days on Market95
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 3, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4, Laundry Room, Bedroom 2
Parking features
Garage
Window features
Blinds, Screens
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
Additional Details
Tenant in Place
Yes
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
Amenities
built ins
front porches
Building Details
Year built
1923
Floors in Building
2
Building materials
AluminumSiding
Roof type
Asphalt
Buildings
1
Listing Agency:
Ohio Broker Direct
Listed By:
Joan Elflein · License #386319
(614) 989-7215
Added: Jul 31
Changed: Oct 23
Last Checked: Nov 2 at 8:06AM
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.
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Investment Insights
Based on property information with market context.
This 2,244-square-foot duplex, built in 1923, includes two residential units with front porches, built-in cabinetry, newer kitchen flooring, vinyl windows, and forced-air heating. The upper apartment is vacant, while the lower unit is occupied. A detached garage provides on-site parking, and the property sits on a 0.1332-acre corner lot. Appliances include a range, refrigerator, washer, and dryer.
Located at 2110 Bunts Road in Lakewood, Ohio, the property has public water and public sewer service. The asphalt roof and electrical boxes have been updated, and the roof and gutters were replaced in March of 2026. Aluminum siding and newer garage siding complete the exterior improvements. Its Lakewood setting provides access to downtown Cleveland, Lake Erie, and nearby shops and restaurants.
Located at 2110 Bunts Road in Lakewood, Ohio, the property has public water and public sewer service. The asphalt roof and electrical boxes have been updated, and the roof and gutters were replaced in March of 2026. Aluminum siding and newer garage siding complete the exterior improvements. Its Lakewood setting provides access to downtown Cleveland, Lake Erie, and nearby shops and restaurants.
Key Highlights
- 2,244‑square‑foot duplex on a 0.1332‑acre corner lot
- Upper unit is vacant; lower unit is occupied
- Roof and gutters replaced in March of 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,793
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$475,860
$475.9K
Cap Rate 7%
$339,900
$339.9K
Cap Rate 9%
$264,367
$264.4K
Market Conditions
NOI Build-Up for 2,244 SF
Gross rent
$36.4K $16.20/SF
− Vacancy
−$2.4K −$1.05/SF
EGI
$34.0K $15.15/SF
− OpEx
−$10.2K −$4.54/SF
NOI
$23.8K $10.60/SF
Area
Cuyahoga County, OH
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$475,860
Cap Rate 7%
$339,900
Cap Rate 9%
$264,367
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.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
651
Businesses Nearby
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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
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with one vacant apartment, updated systems, and a detached garage on a corner lot.
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: 2,244‑square‑foot duplex on a 0.1332‑acre corner lot; Upper unit is vacant; lower unit is occupied; Roof and gutters replaced in March of 2026
