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Sold for $284,000 on 07/01/25
  • $284,000

    1573 Lakewood Ave, Lakewood, OH 44107

    7beds
    2,652sqft
    Triplex, Multi Family
    Built in 1911
    -- sqft lot
    $285,300 Zestimate®
    $107/sqft
    $2,654 Estimated rent

    What's special

    Endless potential and living options in a prime Lakewood location! This legal triplex sits on a great block of Lakewood Avenue between Madison and Franklin, just steps from popular Birdtown entertainment & restaurants. Close to Madison Park pool, & Lakewood Library Madison branch. Fantastic curb appeal. Enjoy the appeal of multiple outdoor space including covered front porch, second story rear porch, and two rear yard patios (one fenced), and a nicely landscaped yard. The spacious lower unit offers 4 bedrooms, while the upper level features a two bedroom and one bedroom unit—ideal for rental income or multi-generational living. Home has several ways to make it your own...as it lays out, convert to a two family, convert to a single family. Two car block construction garage with tandem single doors. With a full unfinished basement (full bath) offers space for storage and workshop. Large two room attic off back hall offers storage, or sets up ideally to create additional finished space. This property is perfect for investors or owner-occupants looking to live and/or earn income in one of Lakewood’s anchor neighborhoods. Priced to leave room for updates, improvements and modifications for investor, owner occupant and extended family living arrangements. Truly has appeal to use as single family home. Home has been in the same family for 50 years and previous owner lived in first floor unit. Do not miss out on this wonderful opportunity in today's real estate market.

    Zillow last checked: 7 hours ago

    Listing updated: July 02, 2025 at 11:14am

    Listing Provided by:

    Michael W Thies mike@rgpropertyadvisors.com440-821-4429,

    Keller Williams Citywide,

    Kyle M Lawrence 440-346-0929,

    Keller Williams Citywide

    Bought with:

    Crystal Jontony, 2020000849

    EXP Realty, LLC.

    Source: MLS Now,MLS#: 5119164MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 4
    Heating
    • Forced Air, Gas
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Range, Refrigerator
    • Laundry: Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Basement, Lower Level, Laundry Tub, Sink
    Features
    • Ceiling Fan(s), Eat-in Kitchen
    • Windows: Screens, Window Treatments
    • Basement: Common Basement,Full,Unfinished
    Interior area
    • Total structure area: 2,652
    • Total interior livable area: 2,652 sqft
    • Finished area above ground: 2,652

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Detached, Electricity, Garage Faces Front, Garage, Off Street
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Balcony
    • Exterior features: Awning(s), Balcony
    • Fencing: Back Yard,Fenced,Partial,Vinyl
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 6,616 sqft
    • Features: Back Yard, Flat, Front Yard, Landscaped, Level, Near Public Transit, Paved
    Details
    • Parcel number: 31511111

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    Materials
    • Block, Concrete, Vinyl Siding, Wood Siding
    • Roof: Asphalt,Fiberglass,Shingle,Slate
    Condition
    • Year built: 1911

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Lakewood
    • Subdivision: Humiston Wehrman & Bradfords

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange
    Services availability
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