Lakewood, OH Residential Income Properties for Sale

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Updated: Jul 10

Fully Occupied Duplex

2219 Chesterland Avenue, Lakewood, OH 44107

$289,900

2,648 sqft 0.11 AC lot

0.11‑acre duplex lot at 2219 Chesterland Avenue in Lakewood, OH
2,648 SF duplex built in 1923
Fully occupied two‑unit property with forced‑air natural gas heat
First‑floor unit: 2 bedrooms, 1 bath with living room and dining room
Second‑floor unit: 3 bedrooms, 2 full bathrooms plus finished attic living space

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2219 Chesterland Avenue, Lakewood, OH 44107

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Est. Cap Rate

9%
Above avg (5.9%)
Est. NOI

$26K
Annual
Price @ 7% Cap

$374K
Above asking
Property Type

Duplex
Built 1923

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Updated: Jul 17

Brick Quadplex with Central Air

1497 Coutant Avenue, Lakewood, OH 44107

$600,000

4,000 sqft 0.27 AC lot

Fully occupied quadplex with four 2‑bedroom, 1‑bath apartments
Second building includes a four‑car garage plus expansive unfinished space above
0.2672‑acre lot with 4,000 SF property size
Brick construction with flat roof, basement, and public water and public sewer
Forced air heating with central air cooling

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Quadplex with Four Two-Bed Units

1323 Beach Avenue, Lakewood, OH 44107

$635,000

4,235 sqft 0.11 AC lot

Four-unit quadplex in Lakewood with one vacant unit and updated kitchens and baths plus shared basement laundry.

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Legally Grandfathered Triplex

2203 Bunts Road, Lakewood, OH 44107

$475,000

2,930 sqft 0.13 AC lot

Three occupied apartments include updated interiors, separate kitchens, and a garage in a residential Lakewood setting.

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Renovated Three-Story Duplex

2124 Wascana Ave, Lakewood, OH 44107

$489,999

3,278 sqft

Two distinct units feature private laundry areas and central air conditioning.

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Duplex with Vacant Upper Unit

2110 Bunts Road, Lakewood, OH 44107

$350,000

2,244 sqft 0.13 AC lot

Well maintained 1923 duplex with a vacant upper unit and an occupied lower unit, plus garage parking.

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Renovated Duplex with Balcony

1631 Waterbury Road, Lakewood, OH 44107

$425,000

3,347 sqft 0.16 AC lot

Fully renovated in 2022 and delivered vacant at closing, this duplex includes updated HVAC and a new 2025 roof.

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Two-Unit Duplex with Garage

1457 Winchester Avenue, Lakewood, OH 44107

$325,000

3,373 sqft 0.09 AC lot

Up-and-down configuration with separate living areas, central air, and public utilities.

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Multifamily Property with Detached Garage

2200-2202 Wyandotte Avenue 2202, Lakewood, OH 44107

$414,900

3,133 sqft

The property includes forced-air heating, natural gas service, a balcony, and a detached garage.

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Renovated Three-Story Duplex with Balcony

2124 Wascana Avenue, Lakewood, OH 44107

$489,999

3,278 sqft 0.11 AC lot

Completely remodeled three-story duplex with central air, private in-unit laundry, and a balcony.

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Four-Unit Quadplex

11713 Nelson Court, Lakewood, OH 44107

$400,000

3,888 sqft 0.25 AC lot

Four fully occupied 1-bedroom, 1-bath apartments in a brick quadplex with public utilities and on-site parking.

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Three-Unit Multifamily Property

1296 Cook Ave, Lakewood, OH 44107

$489,000

2,050 sqft

Well-maintained triplex with a rented first-floor unit and flexible owner-occupant potential.

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Duplex with Vacant First-Floor Unit

1559 Hopkins Avenue, Lakewood, OH 44107

$319,900

2,884 sqft 0.10 AC lot

Duplex on a 0.1-acre lot with separate utilities, a vacant first-floor 2-bedroom unit, and a leased upstairs unit.

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Multifamily Property with Detached Garage

1583 Northland Avenue, Lakewood, OH 44107

$415,000

2,566 sqft

The property combines central air, forced-air heating, and a detached garage.

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Renovated Duplex with Detached Garage

2054 Magee Street, Lakewood, OH 44107

$379,900

1,930 sqft 0.11 AC lot

Two-unit residence with updated interiors, public utilities, and a newly constructed detached garage.

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Charming Triplex with Off-Street Parking

1296 Cook Avenue, Lakewood, OH 44107

$489,000

2,050 sqft 0.12 AC lot

Well-kept triplex in Lakewood with public utilities, slate roof, and off-street parking.

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11-Unit Apartment Building

17001 Madison Ave, Lakewood, OH 44107

$1,400,000

For sale apartment building with 11 units, offered as part of a three-property Lakewood portfolio.

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Upgraded Duplex with Lofted Owner Retreat

2199 Lincoln Avenue, Lakewood, OH 44107

$489,900

2,570 sqft 0.12 AC lot

Completely upgraded duplex featuring an attic-converted loft with wet bar, sitting area, bedroom, and full bath.

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11-Unit Apartment Investment

2019 McKinley Ave, Lakewood, OH 44107

$1,300,000

Apartment building with 11 units offered as part of a three-property Lakewood portfolio.

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Side-by-Side Duplex with Garages

1415-1417 Lakewood Avenue, Lakewood, OH 44107

$350,000

2,272 sqft 0.12 AC lot

Side-by-side duplex offers two 3-bedroom units, each with porches, updated kitchens and baths, and dedicated laundry in the basement.

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8-Unit Apartment Building

2018 Lakeland Ave, Lakewood, OH 44107

$1,150,000

Eight-unit apartment building offered as part of a three-property Lakewood, Ohio portfolio.

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Duplex with Balcony and Garage

2200-2202 Wyandotte Avenue, Lakewood, OH 44107

$414,900

3,133 sqft 0.10 AC lot

Two-unit duplex with a balcony and garage, featuring a 2-bed/1-bath first floor and 3-bed/2-bath upper floors.

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Mixed-Use Brick Building

13315 MADISON AVE, Lakewood, OH 44107

Contact for pricing

10,310 sqft

Bricked 1920 mixed-use property with retail and apartments, including a first-floor law office and one currently vacant residential unit.

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Duplex with Unfinished Third Floor

1609 Westwood Avenue, Lakewood, OH 44107

$420,000

2,248 sqft 0.10 AC lot

Duplex offers two 2-bedroom units plus a bright office/flex space and an unfinished third floor for future expansion.

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Lakewood, OH Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Lakewood, OH, showcased through 41 active listings on our real estate platform. These investment opportunities span a total of 96,596 square feet of properties for sale, with an estimated market value of $15,594,198.

Sale prices for residential income properties in Lakewood, OH start at $199,900, averaging $487,318, and reaching up to $1,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 50K

Population Growth (5Y) -0.6%

Median Household Income $65,778

College Educated 73.2%

High-Yield Neighborhoods for Investment

Identify Lakewood submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
44107	$485.4K

Taxes & Financing

Tax Rate (average for all types) 10.67%

Property Tax per SF $71.84 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cuyahoga County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Cuyahoga County

Residential Income

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