Building Details

Year Built 1928

Units 2

Listing Agency: Joseph Walter Realty, LLC

Listed By: Steven Wilson · License #2020006263

Source: Crexi

Added: Sep 7, 2024 Changed: Sep 8 Last Checked: Sep 8 at 6:39AM

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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 Joseph Walter Realty, LLC

Investment Insights

Based on property information with market context.

This multifamily property features updated electrical systems and installed central air. The building includes a common laundry area located in the basement, equipped with both electric and gas dryer connections. The property is connected to the city sewer system and has gas and electric utilities. Two parking spaces are included with the property.

Key Highlights

• Two parking spaces included.
• Central air conditioning is installed.
• Electrical system has been updated.

Property Analytics

Property Profile

Current Use

Multifamily properties

Suggested Use

Top Pick Auto Parts Store Carpet & Flooring Store Home Appliance Store Parking Lot & Garage Storage Facility (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

1,777

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

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Multifamily property - Multifamily property in Lakewood with updated electrical and central air.

Where is this multifamily property located?

The property is located at 2191 Lincoln Avenue Lakewood, OH.

What is the asking price?

The asking price for this property is $289,500.

What are key features of this property?

This property features: Two parking spaces included.; Central air conditioning is installed.; Electrical system has been updated.