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1542 Westwood Avenue, Lakewood, OH 44107
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$427,500
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Home Details for 1542 Westwood Avenue
Price
$427,500
Type
Multi Family
Bedrooms
5
Total Bathrooms
3
Full Bathrooms
3
Year Build
1916
Sq. Ft.
2040
Lot Size
0.1019
County
Cuyahoga
Garage
2
Basement
Full, Unfinished
Tax
$5,308
MLS®️ Listing#
5115368
On exitrealty.com
167 days
Property 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, 1,030 sq. ft, 2 bed, 1 bath currently rented at $1,500/month through July 31st, 2026. The upper unit spans the second and third floors and lives like a single-family home with 3 bedrooms and 2 full baths. The upper unit is approximately 1,530 sq. ft and is rented for $1,800/month through June 30th, 2026. 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.
- Parking
- Detached
- Garage
- Paved
- Basement
- Full
- Unfinished
- Cooling Information
- None
- Heating Information
- Forced Air
- Water Features
- Public
Listing Courtesy: Russell Real Estate Services - tal@premierclevelandinvesting.com, 216-870-8687
The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information provided courtesy of the Northern Ohio Regional Multiple Listing Service.
Last Updated: 2025-09-09 11:31:32
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$427,500
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6370 Mount Pleasant St. NW, North Canton, OH 44720