$427,500

1542 Westwood Avenue , Lakewood, OH 44107

 
Bedrooms:5 beds
Bathrooms:3 baths
Residential:2,040 sqft
Lot:0.1
Year Built:1916
Listing Status:Active

Listing Agent

Tal Tamir
https://www.russellrealty.com
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These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

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 2 bed, 1 bath currently rented at $1,385/month, with the ability to increase to $1,500–$1,600 at lease renewal on 7/31/25. The upper unit spans the second and third floors and lives like a single-family home with 3 bedrooms and 2 full baths—rented for $1,765/month through 6/30/25. 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.

Detailed Items

Other Information

1542 Westwood Avenue, Lakewood, OH, 44107 is a residential listing of 2,040 sqft on a lot of 0.1. This residential listing has 5 bedrooms, and 3 baths. The map for this location can be viewed on Google maps at Google maps to property1542 Westwood Avenue, Lakewood, OH
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