1542 Westwood Avenue, Lakewood, OH 44107

Local realty services provided by:ERA Real Solutions Realty
1542 Westwood Avenue,Lakewood, OH 44107
$427,500
  • 5 Beds
  • 3 Baths
  • 2,040 sq. ft.
  • Multi-family
  • Active
Listed by:tal tamir
Office:russell real estate services
MLS#:5115368
Source:OH_NORMLS

Price summary

  • Price:$427,500
  • Price per sq. ft.:$209.56

About this home

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. 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 $1,765/month. 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

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Home facts

  • Year built:1916
  • Listing Id #:5115368
  • Added:108 day(s) ago
  • Updated:August 16, 2025 at 02:13 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:2,040 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt, Fiberglass, Shingle
  • Year built:1916
  • Building area:2,040 sq. ft.
  • Lot area:0.1 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$427,500
  • Price per sq. ft.:$209.56
  • Tax amount:$5,308 (2024)
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