Lakewood, OH Multi-Family Homes for Sale

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Newest Lakewood, OH Multi-Family Homes for Sale

$364,900

6 Beds ⋅ 2 Baths ⋅ 5243337 MLS

Prime Lakewood location just a short walk to Lakewood Park! This spacious side-by-side duplex offers a fantastic opportunity for an owner-occupant or investor seeking a well-located property with desirable updates and classic Lakewood character. Each unit features 3 bedrooms, 1 full bath and a finished third floor that provides flexible additional living space—ideal for a home office, recreation room, guest space or a 4th bedroom. With the finished third-floor levels included, the property offers over 3,100 square feet of total finished space. In addition each unit has its own private basement with washer and dryer hookups, offering excellent storage and convenience. Both units offer spacious, inviting floor plans with beautiful character, featuring large bay windows and decorative fireplaces in the living rooms, along with large formal dining rooms perfect for entertaining. The updated kitchens provide modern functionality while complementing the home's original charm. Additional features include a welcoming front porch and shared vestibule entry with separate entrances to each unit, enclosed second-floor porches and covered rear porches overlooking the fenced-in backyard. Major updates include a newer roof, windows, furnaces and central A/C units providing valuable peace of mind for the next owner. Ideally situated within walking distance to Lake Erie and close to shopping, restaurants, medical facilities and downtown Cleveland. A great opportunity for an owner-occupant or investor looking to add a solid Lakewood duplex to their portfolio. Call today to schedule a showing!

1215 Marlowe Avenue, Lakewood

$399,900

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

$194,900

2 Beds ⋅ 2 Baths ⋅ 5231077 MLS

Great Investment Potential in this affordable 2-family located in desirable Lakewood location! Ideally located close to restaurants, schools, shopping, bus line and highways. Great City services. Clean and ready for your Tenants! Hardwood floors, basement, 10-year-old 2-car garage. One meter for gas and water, separate meters for electric. Use your personal touch to make this home a real money-maker! Buyer to perform due diligence on all information provided. Sold "As Is", Seller to make no repairs. Priced to sell!

2119 Warren Road, Lakewood

$485,000

5 Beds ⋅ 3 Baths ⋅ 5238198 MLS

Rare investment opportunity just steps from Lakewood Park! This true three-family property offers over 3,700 sq. ft. of living space with three spacious units and a 4 car garage in a highly desirable Lakewood location. The leased first and second-floor units feature generous room sizes, high ceilings, formal dining rooms, two bedrooms, bonus spaces, and charming built-ins. The vacant third-floor loft, with a separate entrance off the rear hallway, has been refreshed with new flooring and fresh paint and offers a bright, open living area, large bedroom, full kitchen, and spacious three-season room surrounded by windows. All utilities are separated, and each unit has its own laundry area in the large basement with additional storage. Additional features include vinyl replacement windows, updated electrical panels, and dishwashers in all units. Rare four-car garage with separate privacy walls between each garage space offers additional income potential, plus additional off-street parking. Excellent opportunity for an investor or owner-occupant near Lakewood Park, shopping, dining, and more. Schedule your private showing today!

14724 Clifton Boulevard, Lakewood

$359,000

4 Beds ⋅ 2 Baths ⋅ 5238461 MLS

Welcome to this spacious Lakewood duplex offering flexibility, convenience, and room to grow! Featuring two units—one currently vacant and ready for an owner-occupant or new tenant, and the other occupied—this property is a great opportunity for both investors and buyers looking to offset their mortgage with rental income. A full attic offers exciting potential for additional living space, home offices, or expanded storage. Outside, you will find a two-car garage for added convenience. It is ideally located near everything that makes Lakewood such a desirable community: restaurants, shopping, parks, entertainment, and easy freeway access for a quick commute to downtown Cleveland and beyond. Whether you are looking to add to your investment portfolio or make one unit your home while generating income from the other, this Lakewood duplex is full of possibilities!

14708 Leonard Avenue, Lakewood

$307,950

4 Beds ⋅ 2 Baths ⋅ 5238145 MLS

This is a wonderful opportunity to buy a well maintained duplex in desirable Lakewood. Each unit has two bedrooms and one bath, spacious living room with decorative fireplace, a mix of wood and LVT flooring, and kitchens which come with stainless steel appliances. The kitchen in the down unit has been updated with newer cabinets and countertop, while the kitchen in the upper unit has a decorative backsplash and freshly painted cabinets. The down unit is occupied by tenants on a month to month lease who wish to stay. Their monthly rent amount is $1300, and they pay gas and electric. The upper unit will be vacant, so this is a great chance to owner occupy, or place new tenants. The shared basement has washer/ dryer units and storage space. Outside, there is a two car garage, and space for each unit to park.

14006 Lakewood Heights Boulevard, 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

$325,000

6 Beds ⋅ 3 Baths ⋅ 5233628 MLS

Up/Down Duplex in Lakewood. Strong Rental Opportunity offering flexibility for both investors and owner-occupants. The lower unit features 2 bedrooms and 1 full bath, while the upper unit offers a spacious 4 bedrooms and 1.5 baths. Both units are in good condition and have a proven history of renting well. The layout allows for comfortable living with functional floor plans, ample natural light, and separate living spaces ideal for long-term tenants or an owner looking to offset their mortgage by living in one unit and renting the other. Conveniently located near shopping, dining, parks, and public transportation, with easy access to downtown Cleveland and surrounding amenities. This is a turn-key duplex in a high-demand rental market. Perfect for expanding a portfolio or house-hacking. Being sold as-is.

1457 Winchester Avenue, Lakewood

$349,900

4 Beds ⋅ 2 Baths ⋅ 5233983 MLS

Completely renovated Lakewood duplex with two rental-ready units, each offering approximately $1,500/month in projected rental income. This turnkey property is the perfect opportunity for an owner-occupant looking to live in one unit while generating rental income from the other, or for an investor seeking a low-maintenance addition to their portfolio. Nearly every major component has been updated in 2026, making this a truly move-in-ready investment. The upper unit features a new furnace, hot water tank, windows, fresh paint, new carpet on the stairs, updated kitchen with new base cabinets, countertop, sink and faucet, plus an updated bathroom with a new sink, faucet and toilet. The lower unit offers a new furnace, hot water tank, windows, doors, kitchen cabinets, carpet throughout, drywall ceilings, ceiling fans, lighting, fresh paint, updated bathroom vanity and mirror, renovated mudroom with new drywall and flooring, and a new exterior door. The exterior has also been extensively improved with new vinyl siding, new window sills and trim, all new gutters, and a new rear roof. The basement has been waterproofed along the south wall for added peace of mind. Completing the property is a brand-new 20' x 24' detached garage featuring a new footer, concrete slab and apron, insulated 16x 7 overhead door, man door, roof, and matching siding and trim. Conveniently located within walking distance to shopping, restaurants, parks, and everyday amenities, with quick access to I-90 for an easy commute. Whether you're looking to offset your mortgage with rental income or expand your investment portfolio with a beautifully updated duplex, this property is one you won't want to miss!

2054 Magee Street, 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

$349,000

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

$600,000

8 Beds ⋅ 4 Baths ⋅ 5227228 MLS

Attention investors! Don’t miss this outstanding investment opportunity in the highly desirable city of Lakewood. This fully occupied Quad features four 2 bedroom, 1 bathroom apartments and is currently generating $5,025 per month in rental income, providing immediate cash flow from day one. Whether you’re looking to expand your rental portfolio or purchase a stable, income producing asset in one of Northeast Ohio’s strongest rental markets, this property checks all the boxes. With all units occupied, you’ll benefit from consistent rental income while enjoying the long-term appreciation potential that Lakewood continues to offer. Includes a second building with a four car garage and an expansive unfinished space above, potential for another 2 or 3 bedroom unit! Conveniently located near shopping, restaurants, parks, and major highways, this turnkey quadruplex is an excellent addition to any investor’s portfolio. *Must be sold with 11713 Nelson Ct, as these two parcels have been combined* Opportunities like this in Lakewood don’t come around often, submit your offer today!

1497 Coutant Avenue, Lakewood

$400,000

4 Beds ⋅ 4 Baths ⋅ 5227231 MLS

Attention investors! Don’t miss this outstanding investment opportunity in the highly desirable city of Lakewood. This fully occupied Quad features four 1 bedroom, 1 bathroom apartments and is currently generating $3,630 per month in rental income, providing immediate cash flow from day one. Whether you’re looking to expand your rental portfolio or purchase a stable, income producing asset in one of Northeast Ohio’s strongest rental markets, this property checks all the boxes. With all units occupied, you’ll benefit from consistent rental income while enjoying the long-term appreciation potential that Lakewood continues to offer. Conveniently located near shopping, restaurants, parks, and major highways, this turnkey quadruplex is an excellent addition to any investor’s portfolio. *Must be sold with 1497 Coutant Ave, as these two parcels have been combined* Opportunities like this in Lakewood don’t come around often, submit your offer today!

11713 Nelson Court, Lakewood

$404,900

6 Beds ⋅ 3 Baths ⋅ 5219361 MLS

Fantastic opportunity in the heart of Lakewood — perfect for investors or owner-occupants seeking rental income. Previously used as two separate units, this property offers a 2-bed/1-bath first-floor unit and a 3-bed/2-bath second- and third-floor unit. The third floor has ductwork with a private entry, making it an ideal candidate for conversion into a 1-bed/1-bath suite. Inside, you’ll find charming old-world character throughout, including original hardwood floors, fireplaces, and built-in dining room cabinetry. Recent updates add convenience and value, including new flooring, new appliances, and a new garage roof. Located in a prime Lakewood neighborhood, this home is just a short walk from restaurants, shops, parks, and everything the city has to offer. A rare chance to own a versatile property with strong income potential in one of Lakewood’s most desirable areas.

2200-2202 Wyandotte Avenue Unit 2202, Lakewood

$199,900

4 Beds ⋅ 2 Baths ⋅ 5225854 MLS

This beauty has generous layout and oversized lot create endless possibilities for customization and value-add improvements. Conveniently situated just minutes from parks, shopping, dining, schools, and Lake Erie's waterfront, this property enjoys easy access to everything that makes Lakewood a sought-after community. Whether you're expanding your investment portfolio or searching for your next renovation project, this multi-family property presents a rare opportunity to own in a high-demand neighborhood with strong long-term potential. Buyer to verify all property information and condition.

1594 Victoria Avenue, Lakewood

$385,000

4 Beds ⋅ 2 Baths ⋅ 5225121 MLS

Welcome to this beautiful duplex located in the heart of Lakewood! The exterior is in great shape with nice vinyl siding, vinyl windows and a long concrete driveway leading to the 2-car garage. Each unit has 2 bedrooms, a dining room, living room and 1 bathroom. There is very well maintained hardwood flooring throughout with the 1st floor kitchen having a peninsula built out in the kitchen leading into the dining room with granite countertops and wood cabinets. The bathrooms are updated with tile flooring, backsplash and nice vanities and lighting. The full basement has 2 updated hot water tanks, good furnaces, updated electrical wiring and more. Come check out 1583 Victoria today!

1583 Victoria Avenue, Lakewood

$479,000

5 Beds ⋅ 3 Baths ⋅ 5211261 MLS

Charming triplex in the heart of Lakewood, Ohio! This beautifully maintained property offers the perfect blend of classic character and modern comfort, making it an incredible opportunity for both investors and owner-occupants alike. With the first-floor unit already rented, you can start generating income immediately while maximizing the property’s strong cash-flow potential. Situated in a prime location, this triplex places you just minutes from Lakewood’s popular restaurants, parks, schools, and entertainment. Each unit offers inviting living spaces filled with charm and functionality, while the property itself has been well cared for. Whether you’re looking to expand your investment portfolio, generate passive income, or “house hack” by living in one unit while renting the others, this property checks all the boxes. Rare opportunities like this in Lakewood do not come around often — don’t miss your chance to own this exceptional multi-family property!

1296 Cook Avenue, Lakewood

$449,900

7 Beds ⋅ 3 Baths ⋅ 5211548 MLS

Amazing Lakewood two-family with a beautiful 3rd-floor owner/in-law suite! This home lays out perfectly for an owner-occupant, featuring a completely finished and updated third-floor attic space with skylights, a huge bedroom, full bath, kitchen, large sitting area, and a mini-split for air conditioning. When combined with the second floor, you have up to 4 total bedrooms, 2 full baths, and 2 kitchens. Character and charm abound on the first and second floors, showcasing large room sizes, hardwood floors, gorgeous natural woodwork, original pocket doors, and butler's pantries. Capital improvements and extensive updates include vinyl siding (2017), updated electrical panels/outlets (2015), a newly poured concrete driveway (2015), a 2-car garage (approx. 20 years old), many vinyl replacement windows (2002), and a thoroughly waterproofed basement (2017). Situated in a great western Lakewood location, this charming home is highly walkable to both the Detroit Ave and Madison Ave retail districts, offers easy access to Lakewood Park and the Cleveland Metroparks Rocky River Reservation, and provides a quick commute to downtown, University Circle, and beyond via I-90 and the Lakefront Shoreway—this is an absolute must-see!

1567 Wagar Avenue, Lakewood

$335,000

4 Beds ⋅ 2 Baths ⋅ 5210194 MLS

Located in the heart of vibrant Lakewood, this duplex offers the perfect opportunity for both investors and future owner-occupants alike. Top unit is vacant and downstairs is the tenant occupied, providing immediate rental income with the flexibility for an owner occupant to move in or for an investor to set market rents. This property features mechanical updates including updated electrical and a newer furnace, helping provide peace of mind for years to come. Each unit offers strong rental appeal in one of Northeast Ohio’s most sought-after communities, known for its walkability, local restaurants, coffee shops, parks, and quick access to downtown Cleveland. Whether you’re looking to expand your portfolio, house hack, or secure a versatile property in a high-demand location, this duplex checks all the boxes.

1575 Orchard Grove Avenue, Lakewood

$410,000

4 Beds ⋅ 2 Baths ⋅ 5207905 MLS

Located in the heart of Lakewood between Detroit Ave and Hilliard Road, this beautifully maintained duplex puts you right in the middle of all the shopping, dining, nightlife, and neighborhood charm Lakewood is known for. With the majority of updates completed in 2019, this property blends classic character with modern improvements and endless potential. Each unit offers 2 bedrooms, 1 full bathroom, plus a bright bonus office/flex space filled with natural sunlight that could easily function as a den, home office, reading nook, or potential additional bedroom. The first-floor VACANT unit features original hardwood flooring throughout the living and dining rooms, updated kitchen cabinetry, vinyl kitchen flooring, and carpeted bedrooms. Upstairs, you'll find another stylishly updated unit complete with sleek kitchen cabinetry, hardwood flooring in the main living areas, carpeted bedrooms, a one-of-a-kind built-in bar feature, and a large front balcony perfect for relaxing mornings or summer evenings. The unfinished third floor offers incredible opportunity to expand and add additional living space or value in the future. Downstairs, the unfinished basement includes two laundry hookup areas for added convenience. Major exterior and mechanical updates include a newer roof (2019), central air (2019), updated electrical panels (2019), and a completely new detached 2-car garage built in 2019. Whether you're looking to owner-occupy, invest, or expand your portfolio, this Lakewood duplex offers charm, functionality, and upside in one of Northeast Ohio's most desirable communities.

1609 Westwood Avenue, Lakewood

$330,000

5 Beds ⋅ 2 Baths ⋅ 5198434 MLS

Excellent opportunity to own a multifamily property in the highly desirable Lakewood market! Located at 1364 Cranford this duplex offers 2 units. The first-floor unit is 3 bedrooms 1 bath, generous living room with formal dining room. The second-floor units feature 2 bedrooms and 1 bath, a generous living room with a formal dining room. The back of the house has a large parking pad with plenty of parking for both units. Positioned in a prime location with walkability to shops, restaurants and quick access to downtown Cleveland, Edgewater park and major highways. Whether you are looking to expand your portfolio or house-hack as an owner occupant this property offers excellent potential in one of the most sought after rental markets.

1363 Cranford Avenue, Lakewood

$380,000

5 Beds ⋅ 3 Baths ⋅ 5198425 MLS

Exceptional investment opportunity in the heart of Lakewood. This well maintained two-unit property on Rosewood Ave offers a rare combination of charm, income potential and location. The first and second floor units features nice, updated kitchen, two bedrooms, large living rooms and a formal dining room. The first and second floor both have access to large front porches. The third-floor unit has 1 bedroom, living room, kitchen with an eat in area. There is shared laundry in the basement. Large backyard has been paved for parking for all units.

1447 Rosewood Avenue, Lakewood

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