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Investment Property for Sale at 1535 Lakewood Avenue in Lakewood, OH for $414,900

Open House Sunday, March 22, 2026 11:00 am – 1:00 pm

Listing data last changed 03/19/2026 - 8:25pm
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1535 Lakewood Avenue | Lakewood

$414,900 | 4 Beds | 3 Baths (2 Full, 1 Half) | 1,740 Sq. Ft.

Welcome to 1535 Lakewood Ave in the heart of Lakewood\u2014a beautifully renovated duplex that blends modern style, everyday comfort, and incredible income potential. This well-maintained property is move-in ready and ideal for an owner-occupant looking to offset their mortgage or an investor seeking a strong opportunity. Fully refurbished in 2025, the home features extensive interior updates throughout. In 2026, the refrigerator, dishwasher, and range/oven were replaced, giving both units fresh, updated kitchens designed for everyday living and entertaining. With thoughtful improvements already completed, this property offers excellent value and functionality. Both units offer nearly identical layouts with inviting open floor plans that seamlessly connect the living room, dining area, and kitchen. Large windows fill the spaces with natural light, creating a bright and welcoming atmosphere. Each main level includes two comfortable bedrooms and a full bathroom, offering practical and functional living arrangements. The second unit stands out with a fully finished third-floor attic that provides additional living space and another full bathroom\u2014perfect for a private primary suite, guest retreat, home office, or playroom. This added flexibility makes the property especially appealing for tenants or extended living needs. Outside, you\u2019ll find a fenced backyard ideal for gatherings, pets, or play, along with a detached two-car garage for convenient parking and storage. Located in one of Lakewood\u2019s most desirable areas, this duplex offers strong income potential while still feeling like home. Spacious, updated, and versatile, it\u2019s ready for its next chapter. MLSNow 5187210 Directions to property: Head toward Franklin Blvd, Turn left onto Franklin Blvd, Turn left at the 1st cross street onto Lakewood Ave

MLS Listing ID: 
MLSNow 5187210
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$414,900
Basic Property Information
Fields containing basic information about the property.
Property Type: 
MultiFamily
Property Sub Type: 
Duplex
Primary Market Area: 
Lakewood
Address: 
1535 Lakewood Avenue, Lakewood, OH 44107
County: 
Cuyahoga
Latitude: 
41.4804910
Longitude: 
-81.7760490
Directions: 
Head toward Franklin Blvd, Turn left onto Franklin Blvd, Turn left at the 1st cross street onto Lakewood Ave
Public Remarks: 
Welcome to 1535 Lakewood Ave in the heart of Lakewood\u2014a beautifully renovated duplex that blends modern style, everyday comfort, and incredible income potential. This well-maintained property is move-in ready and ideal for an owner-occupant looking to offset their mortgage or an investor seeking a strong opportunity. Fully refurbished in 2025, the home features extensive interior updates throughout. In 2026, the refrigerator, dishwasher, and range/oven were replaced, giving both units fresh, updated kitchens designed for everyday living and entertaining. With thoughtful improvements already completed, this property offers excellent value and functionality. Both units offer nearly identical layouts with inviting open floor plans that seamlessly connect the living room, dining area, and kitchen. Large windows fill the spaces with natural light, creating a bright and welcoming atmosphere. Each main level includes two comfortable bedrooms and a full bathroom, offering practical and functional living arrangements. The second unit stands out with a fully finished third-floor attic that provides additional living space and another full bathroom\u2014perfect for a private primary suite, guest retreat, home office, or playroom. This added flexibility makes the property especially appealing for tenants or extended living needs. Outside, you\u2019ll find a fenced backyard ideal for gatherings, pets, or play, along with a detached two-car garage for convenient parking and storage. Located in one of Lakewood\u2019s most desirable areas, this duplex offers strong income potential while still feeling like home. Spacious, updated, and versatile, it\u2019s ready for its next chapter.
Community Information
School District: 
Lakewood CSD (Cuyahoga)- 1817
Subdivision: 
W H Humiston E A Wehrman \u0026 Mar
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
1911
Living Area: 
1,740
Basement: 
Unfinished
Interior: 
Ceiling Fan(s)
Construction
Construction Materials: 
Aluminum Siding,Vinyl Siding
Roof: 
Slate
Room Details
Details about the rooms in the building.
Total Rooms: 
8
Total Bedrooms: 
4
Total Bathrooms: 
3
Total Full-Bathrooms: 
2
Total Half-Bathrooms: 
1
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.1
Lot Size (Area): 
0.1
Lot Features
Parking Type: 
Detached,Garage
Fence: 
Back Yard,Partial
Additional Details
Appliances: 
Dishwasher,Microwave,Range,Refrigerator
Public Record
Parcel Number: 
315-11-118
Annual Tax: 
$6,196.00
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Keller Williams Greater Metropolitan

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