1580 Mars Avenue, Lakewood, OH 44107

$2,000,000

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Sold Price
$2,000,000
List Price
$2,150,000
Status
CLOSED
Days on Market
269
Closing Date
Sep 04, 2025
MLS#
5089700
Subtype
Commercial Sale
Year Built
1915
Acres
1.98
Subdivision
Mars E Wagar
Neighborhood
Mars E Wagar
MLS Area Major
Lakewood

Property Description

*10 SINGLE FAMILY HOMES AND 4 DOUBLES* Totaling 18 Doors. No Efficiencies & No 1 Bedrooms! This Incredible Opportunity is at an Attractive Cap Rate Already AND Rents are Under Market, so Grab this Opportunity to Boost Income without Investing more Money! Truly an Above Average Overall Condition as Seen by Photos. This SOLID Portfolio of Homes has Professional Management in Place and RENTS FLOWING IN! All Properties are in Excellent Locations which Offer Safety for Tenants and for the Investment, which Boasts Appreciation + Cash Flow! Locations Include LAKEWOOD (44107), PARMA (44129 and 44134), PARMA HEIGHTS (44130) and CLEVELAND'S OLD BROOKLYN NEIGHBORHOOD (44109)! Addresses are as Follows: 1578-1580 Mars Ave - Lakewood | 3111 Maplecrest Ave - Parma | 7923 Lanyard Ave - Parma | 7612 Deerfield Dr - Parma | 4804-4806 Pershing Ave - Parma | 6403 Theota Ave - Parma | 5514 Haverhill Ave - Parma | 5254 W 83rd St - Parma | 6876 Beresford Ave - Parma Hts | 5802 Northcliff Ave - Cleveland | 5013 Vandalia Ave - Cleveland | 3911 Archmere Ave - Cleveland | 4006 Archmere Ave - Cleveland Rent Roll / Financials / Additional Photos and Property Specifics are Available for Serious and Qualified Interest!

Additional Information

Taxes
$40,866
Zoning
Residential
Heating
Forced Air
School District
Lakewood CSD (Cuyahoga)- 1817

Listing Courtesy of: Ben Murphy, realtorbenmurphy@outlook.com With EXP Realty, LLC.

Selling Office: Keller Williams Chervenic Rlty.

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