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For sale
  • Price cut: $5K (6/12)
    $427,500

    1542 Westwood Ave, Lakewood, OH 44107

    5beds
    2,040sqft
    : 
    Duplex, Multi Family
    Built in 1916
    -- sqft lot
    $-- Zestimate®
    $210/sqft
    $-- HOA

    What's special

    Fully renovated upstairs unitThird bedroomUpdated appliancesTwo bathroomsNew kitchenBrand-new roof
    Investor or owner-occupant opportunity! This incredible, oversized duplex in the heart of Lakewood offers flexibility and strong returns, just steps from the city’s best bars, restaurants, and entertainment. The first-floor unit is a well-maintained, 1,030 sq. ft, 2 bed, 1 bath currently rented at $1,500/month. The upper unit spans the second and third floors and lives like a single-family home with 3 bedrooms and 2 full baths. The upper unit is approximately 1,530 sq. ft and is rented for $1,765/month. Ideal for house hacking or maximizing rental income, this property features a brand-new roof (October 2024), a fully renovated upstairs unit including a new kitchen, two bathrooms, and third bedroom, plus updated appliances in both units and new basement laundry for tenants. Whether you're seeking a high-performing investment or a chance to live in one unit while renting the other, this Lakewood gem delivers on all fronts. *Note: Owner states that there are 5 bedrooms and 3 bathrooms and the county auditor website states that there are 4 bedrooms and 2 bathrooms.
    110 days
    on Zillow
    |
    823
    |
    44
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 16, 2025 at 04:32pm

    Listing Provided by:

    Tal Tamir 216-870-8687 tal@premierclevelandinvesting.com,

    Russell Real Estate Services

    Source: MLS Now,MLS#: 5115368MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1542 Westwood Ave.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced Air
    Cooling
    • None
    Features
    • Basement: Full,Unfinished
    Interior area
    • Total structure area: 2,040
    • Total interior livable area: 2,040 sqft
    • Finished area above ground: 2,040
    Video & virtual tour

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, Garage, Paved
    • Garage spaces: 2
    Features
    • Levels: Three Or More
    Lot
    • Size: 4,438.76 Square Feet
    Details
    • Parcel number: 31326106
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Aluminum Siding, Vinyl Siding
    • Roof: Asphalt,Fiberglass,Shingle
    Condition
    • Updated/Remodeled
    • Year built: 1916

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Henry Grombacher
    Location
    • Region: Lakewood

    Financial & listing details

    • Price per square foot: $210/sqft
    • Tax assessed value: $215,000
    • Annual tax amount: $5,308
    • Date on market: 4/29/2025
    • Listing terms: Cash,Conventional,1031 Exchange
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