Lakewood, OH Real Estate Search

Lakewood, OH Multi-Family Homes for Sale

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Newest Lakewood, OH Multi-Family Homes for Sale

2076 Wascana Avenue, Lakewood
$445,000
4 Beds ⋅ 2 Baths ⋅ 5253931 MLS
PRIME LAKEWOOD 4 BR/2BA DUPLEX! Attention investors and owner-occupied buyers! Exceptional opportunity to own this updated duplex on a desirable Lakewood street, w/first-floor unit to be delivered vacant! Live in one unit while the second-floor tenant, currently paying $1,300/month, helps offset your mortgage, or add this income-producing property to your investment portfolio. Loaded w/classic Lakewood charm, including sought-after original hardwood floors, custom built-ins, & numerous improvements throughout! Exterior updates include: 2021 driveway, 2010 siding, 2019 upstairs windows, house & garage roofs approximately 2022, relaxing backyard deck installed in 2020. Enjoy the partially fenced yard, convenient two-car garage w/updated doors, inviting front porch, & second-floor balcony perfect for morning coffee. First-floor unit features an opened-up floor plan, beautiful hardwood floors, granite kitchen w/dishwasher & range w/exterior exhaust ventilation, luxurious remodeled bath w/custom marble tile & relaxing jetted tub. Second-floor unit offers beautiful hardwood floors, an upgraded granite kitchen, remodeled bath, & newer appliances. Full basement w/new windows, two sets of washers & dryers included (one set two years old), perfect storage or expansion space, plus third-floor walk-up providing valuable additional storage. Fantastic opportunity to own a versatile duplex combining classic character, modern updates, income potential in sought-after Lakewood! Property to be sold point-of-sale compliant.

2076 Wascana Avenue, Lakewood

2203 Bunts Road, Lakewood
$449,990
6 Beds ⋅ 3 Baths ⋅ 5255189 MLS
RARE Lakewood investment opportunity! Welcome to 2203 Bunts Rd, a legally grandfathered TRIPLEX offering an excellent setup for investors or an owner occupant looking to house hack! The first floor is 3 Bed 1 bath, second one is 2 bedrooms and 1 full bath and they are all currently fully rented, with tenants responsible for their own utilities. First floor is leased for $1550 until 04/01/2028. Second floor is leased for $1200 until 03/01/2027 as the tenant cuts the grass, and takes care of the property. It was rented for $1500 previously. The second floor also has a sun room/reading room. The third-floor unit features 1 bedroom, 1 full bath, and its own kitchen, with a month-to-month tenant paying $950 a month. All 3 units have been remodeled in the last 10 years, this includes kitchen, flooring, countertops, trims, and similar. LOCATION, LOCATION, LOCATION! Enjoy everything Lakewood has to offer with Rising Star Coffee Roasters, Angelo's Pizza, parks, schools, shopping, restaurants, and entertainment nearby, plus easy access to Downtown Cleveland. Even more exciting is the major transformation currently underway along Bunts Road! The City of Lakewood's Bunts Road Rehabilitation Project includes a complete roadway reconstruction along with new water and sewer infrastructure, improved sidewalks and curbs, a new multipurpose path, decorative streetlights, buried electrical lines, and other improvements designed to enhance the corridor for pedestrians, cyclists, and drivers. Whether you're looking to add a solid 3-family property to your portfolio or live in one unit while collecting rent from the others, this is a GREAT HOUSE HACKING AND INVESTMENT OPPORTUNITY, it can also be a great Airbnb! Legally grandfathered as a triplex and ready for its next owner. Schedule your showing today!

2203 Bunts Road, Lakewood

14969 Delaware Avenue, Lakewood
$380,000
4 Beds ⋅ 2 Baths ⋅ 5252910 MLS
ATTENTION LAKEWOOD INVESTORS — TWO-UNIT DUPLEX WITH VALUE-ADD POTENTIAL! Opportunity awaits at 14969 Delaware Avenue in the heart of Lakewood! Whether you're expanding an established rental portfolio or looking for your next investment property, this classic side-by-side income opportunity offers the flexibility to establish new rental rates, make strategic improvements, and build long-term value. This traditional up-and-down duplex features two spacious units, each offering two bedrooms, one bathroom, generous living and dining areas, hardwood floors, high ceilings, and original built-in cabinetry. Full-width front porches and a detached two-car garage add to the property's functionality and tenant appeal. The second-floor unit is currently vacant, while the first-floor tenant is expected to vacate, creating an opportunity for an investor to evaluate both units, complete cosmetic updates as desired, and establish new tenancies based on current market conditions. The upper unit also offers access to a partially finished attic, providing additional possibilities for future improvements, subject to local requirements. Previously reported improvements include a two-car garage constructed in 2021, electrical panel replacements in 2021, exterior painting in 2019, and an architectural shingle roof installed in 2013. With its classic Lakewood character, functional floor plans, and potential for interior improvements, this property offers an appealing foundation for a long-term rental investment. Conveniently located near shopping, restaurants, parks, and neighborhood amenities, this duplex combines an established Lakewood location with the opportunity to create additional value through thoughtful updates and rental positioning. Two units. Two income opportunities. One investment with potential. Schedule your showing and discover what 14969 Delaware Avenue could add to your portfolio!

14969 Delaware Avenue, Lakewood

2024 Carabel Avenue, Lakewood
$399,900
6 Beds ⋅ 2 Baths ⋅ 5248193 MLS
Welcome to 2024 and 2026 Carabel Avenue, a classic Lakewood all brick double with plenty of space, character and excellent investment potential. Ideally situated in a highly walkable neighborhood, this well-maintained duplex offers two spacious units with nearly identical layouts and an abundance of natural light throughout. Each unit features three bedrooms and a full bathroom with a flexible floor plan created by a rear addition that expanded both units. The bedroom arrangement provides versatility for a variety of living situations and could also accommodate an office or additional flex space. The first-floor unit features a beautiful kitchen with granite countertops and stainless-steel appliances, while both units include their own full complement of kitchen appliances. Each unit has its own washer and dryer in the basement that remain with the property as well. The home's all brick exterior, full basement, detached two car garage, spacious yard and private rear outdoor area add to its functionality and long-term appeal. With two separate units, individually equipped laundry and a location surrounded by Lakewood's restaurants, shopping, parks, schools and everyday conveniences, this is an opportunity to own a property with both immediate usability and significant rental income potential. Whether you're an investor looking to add a well-located duplex to your portfolio or an owner occupant looking to offset your housing costs with rental income, 2024-2026 Carabel Avenue offers the space, location and flexibility to make the numbers work.

2024 Carabel Avenue, Lakewood

1350 Thoreau Road, Lakewood
$355,000
7 Beds ⋅ 2 Baths ⋅ 5242114 MLS
Welcome to this well-maintained side-by-side duplex featuring 4-bedroom and 3-bedroom units, offering an exceptional opportunity for investors and owner-occupants alike. Blending classic Lakewood character with thoughtful updates, both units showcase beautiful original architectural details, bright and inviting living and dining rooms filled with natural light, enclosed front sunrooms that make ideal home offices, sitting rooms, or reading nooks, and large kitchens with ample cabinet and counter space. Just beyond each kitchen is a versatile bonus area perfect for an eat-in dining space, coffee bar, pantry, or additional prep space, with direct access to the backyard. Recent improvements include a new front door, many windows have been replaced, newer kitchen cabinetry in the 4-bedroom unit, a new tub surround in the 3-bedroom unit, updated flooring, and additional cosmetic updates throughout. The 4-bedroom unit features a finished third-floor bedroom complete with a closet, while the 3-bedroom unit offers an unfinished third floor with the potential to create additional finished living space. Each unit also includes its own private basement and separate attic, providing abundant storage and added functionality. The backyard offers added privacy with no rear residential neighbors, backing directly to Garfield Middle School. Conveniently located near parks, schools, shopping, restaurants, Lake Erie, and Downtown Cleveland, this versatile duplex presents an outstanding opportunity to expand your investment portfolio or offset your mortgage by living in one unit while generating rental income from the other.

1350 Thoreau Road, Lakewood

1415 Clifton Place, Lakewood
$430,000
6 Beds ⋅ 4 Baths ⋅ 5234560 MLS
Welcome to 1415 Clifton Place, a spacious rare side by side western Lakewood duplex on a private street. This large well-maintained property features central air conditioning throughout both units, and a detached garage, providing a RARE opportunity for owner-occupants, investors (currently one tenant is MTM and owner occupies one unit), or those seeking flexible living arrangements. The current owner's unit features a large living room, dining room, spacious kitchen with stone countertops and stylish backsplash and secondary living area near the back of the home. The second unit offers a functional 3-bedroom layout. One unit is currently occupied by a month-to-month tenant, providing immediate rental income while allowing flexibility for future occupancy or lease adjustments. Both units offer a rare for Lakewood first floor full bathroom. The tenant is responsible for their own gas and electric usage. Recent updates include a hot water tank replacement on the tenant side in July 2026, the roof was replaced 12–15 years ago. Each unit has a private basement space and there is a shared front porch. Ideally located a walkable distance to Lakewood's popular restaurants, shopping, parks, and entertainment, with convenient access to downtown Cleveland, this property offers the perfect blend of versatility and location. Whether you're looking to live in one unit while generating rental income or add a quality duplex to your portfolio, 1415 Clifton Place offers endless possibilities. Schedule your private showing today.

1415 Clifton Place, Lakewood

2124 Wascana Avenue, Lakewood
$489,999
6 Beds ⋅ 3 Baths ⋅ 5228621 MLS
(4K Video Available)One of the finest duplex renovations to hit the Lakewood market! Completely remodeled top to bottom w/exceptional craftsmanship & premium materials, magnificent 3-story duplex offers 6 bedrooms, 3 full baths, & outstanding flexibility for both owner-occupants & investors. Move right in w/immediate occupancy & Point-of-Sale compliant. The moment you arrive, you'll appreciate extensive exterior improvements, including newer vinyl siding, energy-efficient vinyl windows, newer garage, partial driveway replacement, outstanding curb appeal, Inside, transformation is nothing short of spectacular. High ceilings, abundant windows, plus open-concept design create a bright, sun-filled interior that perfectly blends modern style w/timeless character. Stunning 42-inch Shaker-style kitchens w/granite countertops, designer tile backsplashes, premium appliances, & spacious layouts ideal for entertaining and everyday living. Beautiful custom-tiled bathrooms offer a luxurious, spa-like feel, while quality finishes throughout reflect meticulous attention to detail/enduring craftsmanship. First-floor unit offers a spacious 2-bedroom, 1-bath floor plan. Upper unit spans the second & third floors, impressive 4-bedrooms, 2-bath layout w/exceptional living space that's perfect for larger households or maximizing rental income. Each unit includes its own private laundry area for added convenience, central air conditioning provides year-round comfort. Whether you're looking to live in one unit while generating income from the other or add a turnkey, high-quality property to your investment portfolio, this exceptional duplex is a rare opportunity. Located in one of Lakewood's most desirable neighborhoods, this is truly a move-in-ready property that stands above the rest. Easy to show with immediate occupancy available!

2124 Wascana Avenue, Lakewood

12905 Arliss Drive, Lakewood
$335,000
4 Beds ⋅ 2 Baths ⋅ 5228361 MLS
Excellent investment opportunity! This well-maintained duplex is fully occupied with strong in-place cash flow, collecting $2,810/month. Tenants pay their own utilities as well. Situated on a quiet cul-de-sac, this property combines reliable rental income with timeless character and an outstanding location. The spacious lower unit showcases beautiful hardwood floors, rich natural woodwork, crown molding, a decorative fireplace, and elegant leaded glass built-ins in the formal dining room. The updated kitchen features granite countertops, ceramic tile flooring, stainless steel appliances, and ample cabinet space. The unit is completed by two comfortable bedrooms and a full bath. The upper unit offers the same classic charm with hardwood floors, natural woodwork, and crown molding throughout the living and dining areas. The kitchen is equipped with granite countertops and appliances, while the enclosed front porch provides additional living space or a relaxing retreat. Two bedrooms and a full bath complete the unit. A walk-up partially finished third floor offers potential for additional living space, storage, or future value-add opportunities (subject to local approvals). Outside, you'll find a two-car garage with a newer door and opener, a spacious backyard, and a desirable location just minutes from parks, shopping, restaurants, and entertainment. With current rental income of $2,810 per month, classic architectural details, and room for future upside, this is an exceptional addition to any investment portfolio. * Photos are from previous occupants, walls have since been painted a different color.*

12905 Arliss Drive, Lakewood

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