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1575 Orchard Grove Ave, Lakewood, OH, 44107

4beds
2baths
1,975sqft
$350,000
$177price/sqft
$2,672/moest. monthly cost
$106,880/yrincome needed

About This Home

Located in the heart of vibrant Lakewood, this duplex offers the perfect opportunity for both investors and future owner-occupants alike. Top unit is vacant and downstairs is the tenant occupied, providing immediate rental income with the flexibility for an owner occupant to move in or for an investor to set market rents. This property features mechanical updates including updated electrical and a newer furnace, helping provide peace of mind for years to come. Each unit offers strong rental appeal in one of Northeast Ohio’s most sought-after communities, known for its walkability, local restaurants, coffee shops, parks, and quick access to downtown Cleveland. Whether you’re looking to expand your portfolio, house hack, or secure a versatile property in a high-demand location, this duplex checks all the boxes.

Getting Around

75
WalkingVery Walkable
41
TransitSome Transit
71
BikeVery Bikeable

Schools

9/10
Grant Elementary SchoolGrades PK-50.4 mi
8/10
Harding Middle SchoolGrades 6-80.3 mi
7/10
Lakewood High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1912

Materials

  • Roof: Slate
  • Construction materials: Vinyl Siding,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area above ground: 1,975

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 1,975
  • Total interior livable area: 1,975 sqft

Property

Details

  • Parcel number: 31326174

Features

  • Levels: Three Or More

Lot

  • Lot size: 4,800 sqft

Parking

  • Total spaces: 2
  • Parking features: Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tsunami

FEMA Declared Disasters Across Ohio Counties

Flood
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,769$21,228
Home Insurance *$141$1,692
Property Taxes $551$6,612
Electricity $211$2,541
Total$2,672$32,064
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$91,611/yr
40% on housing$80,160/yr
45% on housing$71,253/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$177This listing

vs Other Active Listings

Avg $/sqft

ZIP 44107$169
Cuyahoga County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 44107$212
Cuyahoga County$144

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-06Price change$335,000
2026-06-22Listed for sale$350,000
2026-05-26Listing removed$350,000
2026-05-14Listed for sale$350,000
2023-11-03Sold$310,000
2023-09-30Contingent$319,995
2023-09-26Listed for sale$319,995
2023-09-12Contingent$299,000
2023-09-03Listed for sale$299,000
2023-07-02Listing removed--
2023-06-21Listed for rent$1,150
2020-06-01Listing removed$950
2020-04-07Listed for rent$950
2019-12-06Sold$178,500
2019-10-03Listed for sale$184,900
2011-05-24Listing removed$139,900
2009-05-13Listed for sale$139,900
2008-08-30Listing removed$142,000
2008-05-25Listed for sale$142,000

For Sale by Agent

AgentJon Legato
BrokerageCentury 21 DeAnna Realty

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