1631 Waterbury Road, Lakewood, OH 44107

Lakewood
Local realty services provided by:ERA Real Solutions Realty
1631 Waterbury Road,Lakewood, OH 44107
$450,000
Virtual Tour
  • 7 Beds
  • 2 Baths
  • 3,347 sq. ft.
  • Multi-family
  • Active
Listed by: michael l magno
Office: keller williams living
MLS#:5193425
Source:OH_NORMLS

Price summary

  • Price:$450,000
  • Price per sq. ft.:$134.45

About this home

Rare opportunity to acquire a fully renovated Lakewood duplex offering over 3,300 square feet of living space and exceptional rental potential. Renovated in 2022, this property features updated finishes throughout, including granite countertops, stainless steel appliances, modern tile showers, and numerous mechanical improvements. The first-floor unit offers 3 bedrooms and is currently occupied on a month-to-month basis at $1,400 per month. The expansive upper unit encompasses both the second and third floors, offering 4-5 bedrooms and was previously rented for $2,100 per month, with potential for increased rental income in today's market. Whether you're looking to owner-occupy or maximize cash flow, the vacant upper unit provides immediate flexibility. Additional improvements include updated HVAC systems installed in 2018/2019. The property is Point of Sale compliant, allowing a buyer to focus on operations rather than deferred maintenance. Located in one of Northeast Ohio's most...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1919
  • Listing ID #:5193425
  • Added:4 day(s) ago
  • Updated:June 04, 2026 at 02:14 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:14
  • Kitchen Description:Dishwasher, Microwave, Range, Refrigerator
  • Basement:Yes
  • Basement Description:Full, Unfinished
  • Living area:3,347 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Asphalt, Fiberglass
  • Year built:1919
  • Building area:3,347 sq. ft.
  • Lot area:0.15 Acres
  • Construction Materials:Aluminium Siding
  • Levels:3 Stories

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$450,000
  • Price per sq. ft.:$134.45
  • Tax amount:$5,927 (2024)

Features and amenities

  • Appliances:Dishwasher, Microwave, Range, Refrigerator
  • Amenities:Smoke Detectors

Parking

  • Parking description:Detached, Garage
  • Garage:Yes
  • Garage spaces:2
MLS Logo

New listings near 1631 Waterbury Road