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1535 Lakewood Ave, Lakewood, OH, 44107

5beds
3baths
1,740sqft
$414,900
$238price/sqft
$3,110/moest. monthly cost
$124,400/yrincome needed

About This Home

Welcome to 1535 Lakewood Ave in the heart of Lakewood—a 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—perfect 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’ll 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’s most desirable areas, this duplex offers strong income potential while still feeling like home. Spacious, updated, and versatile, it’s ready for its next chapter.

Getting Around

76
WalkingVery Walkable
51
TransitGood Transit
83
BikeVery Bikeable

Schools

7/10
5/10
Garfield Middle SchoolGrades 6-80.4 mi
7/10
Lakewood High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1911

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range,Refrigerator
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Ceiling Fan(s)
  • Finished area above ground: 1,740

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,740
  • Total interior livable area: 1,740 sqft

Property

Details

  • Parcel number: 31511118
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Fencing: Back Yard,Partial

Lot

  • Lot size: 4,142 sqft

Parking

  • Total spaces: 2
  • Parking features: Detached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2