Lakewood Ohio Homes for Sale

Lakewood Homes for Sale - Lakewood, Ohio

$349,000
4 Beds 2 Baths 5228361 MLS
Excellent investment opportunity! This well-maintained duplex is fully occupied with strong in-place cash flow, collecting $2,810/month. Tenants pay their own utilities as well. Situated on a quiet cul-de-sac, this property combines reliable rental income with timeless character and an outstanding location. The spacious lower unit showcases beautiful hardwood floors, rich natural woodwork, crown molding, a decorative fireplace, and elegant leaded glass built-ins in the formal dining room. The updated kitchen features granite countertops, ceramic tile flooring, stainless steel appliances, and ample cabinet space. The unit is completed by two comfortable bedrooms and a full bath. The upper unit offers the same classic charm with hardwood floors, natural woodwork, and crown molding throughout the living and dining areas. The kitchen is equipped with granite countertops and appliances, while the enclosed front porch provides additional living space or a relaxing retreat. Two bedrooms and a full bath complete the unit. A walk-up partially finished third floor offers potential for additional living space, storage, or future value-add opportunities (subject to local approvals). Outside, you'll find a two-car garage with a newer door and opener, a spacious backyard, and a desirable location just minutes from parks, shopping, restaurants, and entertainment. With current rental income of $2,810 per month, classic architectural details, and room for future upside, this is an exceptional addition to any investment portfolio. * Photos are from previous occupants, walls have since been painted a different color.*

12905 Arliss Drive, Lakewood

Listing Courtesy of: Bryan C Garra, bryangarra.realtor@gmail.com With EXP Realty, LLC.

$356,500
5 Beds 2 Baths 5172314 MLS
Welcome to this beautifully updated 1909 Colonial—an Expansive 5-bedroom home blending modern comfort with historic charm. With over 2,500 sq. ft., it’s designed for Entertaining, gathering, and everyday living. Inside, original hardwood floors, tall ceilings, and an abundance of Natural Light showcase the home’s character. The living room, centered on a classic fireplace, flows into the dining room, Open Kitchen, and oversized family room—offering multiple inviting spaces for guests or relaxing evenings. The remodeled kitchen features updated cabinetry, countertops, ceramic flooring, and stainless steel appliances. A walk-in Pantry provides ample storage for Costco or Sam’s Club runs. The formal dining room offers extra space for entertaining. Double French doors open from the family room to a finished Backyard Retreat with a deck, large Firepit, and playground—perfect for indoor-outdoor gatherings. Upstairs, there are five large bedrooms that offer Generous Closets. Refinished Wood Floors in three bedrooms and the main hallway, plus new carpet in two bedrooms, create a move-in-ready environment. The Newly Remodeled bathroom boasts a white engineered marble double vanity, beadboard walls, and a separate tub and shower. The full basement includes a half bath, laundry, man cave, and bar—ideal for hobbies or entertaining. Additional updates include modern electrical, vinyl windows, a 2.5-car garage, and a Brand-New Roof with a transferable warranty. The large third floor could be finished as a studio, office, playroom, or extra living space. Located on a charming tree-lined street between Madison and Franklin, enjoy Lakewood’s Walkability—parks, shops, restaurants, and transit are all nearby. This Spacious Lakewood Colonial combines Historic Character, abundant space, and Thoughtful Updates—an Ideal Home for Modern Living.

1590 Lincoln Avenue, Lakewood

Listing Courtesy of: Paul J Dugan, paulduganrealtor@gmail.com With Century 21 Premiere Properties, Inc.

Selling Office: Berkshire Hathaway HomeServices Professional Realty.

$363,000
6 Beds 2 Baths 5110016 MLS
Unlock an incredible investment opportunity with this well-maintained side by side brick duplex in the heart of Lakewood, Ohio! This property features two sizable units, each with 3 bedrooms and 1 bathroom, totaling 6 bedrooms and 2 bathrooms across approximately 2,400 square feet. Perfect for investors or owner-occupants looking to capitalize on rental income. Key Features: • Assumable mortgage with ~$208,000 remaining at an attractive 2.25% interest rate, offering significant savings for qualified buyers • Newer roof for low maintenance costs • Updated water tanks on both sides for reliable operation • Previously generated $3,100/month in rental income when fully rented • Potential for rent increases to enhance your return on investment • Prime Lakewood location, close to shopping, dining, and transportation • One side vacant for showing, One side Tennant occupied through August This duplex is a standout choice for immediate cash flow and future growth. The assumable mortgage at a low 2.25% rate provides a rare financing edge, complemented by the newer roof and water tanks that keep repair costs in check. One unit currently rented for $1450, and the other previously rented for $1650 provides $3,100 per month in potential rental income and room to grow, this property promises strong returns.

1483-1485 Olivewood Avenue, Lakewood

Listing Courtesy of: Uday T Patel, patelutp@yahoo.com With Keller Williams Greater Metropolitan

Selling Office: Howard Hanna.

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Lakewood Homes for Sale - Lakewood, Ohio

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