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1415-1417 Lakewood Ave, Lakewood, OH, 44107

6beds
2baths
2,272sqft
$350,000
$154price/sqft
$2,704/moest. monthly cost
$108,160/yrincome needed

About This Home

Side-by-side Lakewood duplex with one side leased and the other available for an owner-occupant or investor. Live in one side and have rental income help offset your payment, or lease both units and add a solid property to your portfolio. Located in the heart of Lakewood, just steps from the city's vibrant shopping, dining, and entertainment destinations, Edgewater Beach, schools, and a short commute to Downtown Cleveland with easy access to OH-2 and I-90. Each unit features a front and side porch, 3 bedrooms, an updated full bath, living and dining rooms, and an updated kitchen with granite countertops and tile backsplash. One of the units has 1.5 baths. Both units also offer dedicated basement laundry, attic storage, and additional basement storage space. There is a 2-car garage with additional parking pad. SOME OF THE RECENT UPDATES include: Replaced roof (approx 2024), furnace - north unit (2026), A/C & electrical panels - both units (approx 2017-2018), all kitchen appliances (less than 10 years), updated both unit kitchens & bathrooms (approx 2016), and more. INCLUDED are ALL kitchen appliances and washers/dryers.

Getting Around

77
WalkingVery Walkable
49
TransitSome Transit
75
BikeVery Bikeable

Schools

7/10
5/10
Garfield Middle SchoolGrades 6-80.2 mi
7/10
Lakewood High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1911

Materials

  • Roof: Asphalt,Fiberglass
  • Construction materials: Stucco

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Microwave,Range,Refrigerator,Washer
  • Laundry features: In Basement,Laundry Tub,Sink

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Finished area above ground: 2,272

Heating & Cooling

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

Interior Area

  • Total structure area: 2,272
  • Total interior livable area: 2,272 sqft

Property

Details

  • Parcel number: 31510049

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 5,227 sqft

Parking

  • Total spaces: 2
  • Parking features: Detached,Garage,Parking Pad
  • 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 $243$2,924
Total$2,704$32,448
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$92,708/yr
40% on housing$81,120/yr
45% on housing$72,106/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

$154This 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
2026-07-16Listed for sale$350,000
2026-06-22Contingent$350,000
2026-06-18Listed for sale$350,000

For Sale by Agent

AgentInna M Muravin
BrokerageEngel & Völkers Distinct

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