The median home value in Lakewood, OH is $271,000.
This is
higher than
the county median home value of $123,800.
The national median home value is $219,700.
The average price of homes sold in Lakewood, OH is $271,000.
Approximately 40.03% of Lakewood homes are owned,
compared to 50.03% rented, while
9.94% are vacant.
Lakewood real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a Lakewood real estate agent to arrange a tour today!
Outstanding Immediate Revenue Generation Investment Opportunity in Lakewood, OH: This offering includes two well- maintained brick buildings, encompassing a total of 25 apartment units. Each unit is thoughtfully designed for maximum tenant comfort and satisfaction. Every apartment is outfitted with essential modern amenities such as dishwashers, ovens, complete kitchen facilities, refrigerators with freezers, tub/shower combinations, heating systems, and walk-in closets. The interiors feature hardwood floors and carpeting, and some units also include vaulted ceilings. For added security, the buildings offer controlled access and a robust security system. Curbside trash pickup adds convenience for residents. Located near public transport, this property provides easy commute options to Downtown and is within walking distance to numerous shopping and dining venues, enhancing its attractiveness. Continual property improvements present a significant opportunity to boost rental income. The strong demand in Lakewood's rental market promises stable and robust revenue generation. Recent upgrades include resurfaced roofs on both buildings within the last two years and new electrical panels installed in 6 units at 1681. A new, efficient boiler system has been installed, and the transition to synthetic front landscaping reduces water use and maintenance, supporting eco-friendly initiatives. This prime investment is rarely available in this area. Showings are available with an accepted offer to ensure serious consideration from investors.
AMAZING OPPORTUNITY to add FORTY-TWO well-maintained rental properties to your portfolio! There are 7 duplexes and 35 single family homes in this extraordinary package. Nearly all properties are occupied bringing in around $50,000/month with room to grow. Majority of this portfolio located in Cleveland suburbs with 7 properties in Mississippi. Don't miss the chance to add these great homes to your portfolio this year!