1542 Westwood Avenue
Lakewood, OH 44107
- 5 beds
- 3 baths
- 2,040 sqft
- $212 per sqft
- 1916 build
- – on site
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 2 bed, 1 bath currently rented at $1,385/month, with the ability to increase to $1,500–$1,600 at lease renewal on 7/31/25. The upper unit spans the second and third floors and lives like a single-family home with 3 bedrooms and 2 full baths—rented for $1,765/month through 6/30/25. 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.
Last checked:
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Checking…
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Last updated Apr 29, 2025
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MLS# 5115368 —
The Building
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Year Built:1916
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Year Built Source:PublicRecords
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Construction Materials:AluminumSiding,VinylSiding
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Levels:ThreeOrMore
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Roof:Asphalt,Fiberglass,Shingle
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Basement:Full,Unfinished
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Basement:true
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# of Buildings:1
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Above Grade Finished Area:2040.0
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Above Grade Finished Area Source:Assessor
Room Dimensions
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Living Area:2040.0
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Living Area Units:SquareFeet
Location
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Directions:South of Detroit Ave
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Latitude:41.481083
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Longitude:-81.807499
The Property
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Parcel Number:313-26-106
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Property Type:ResidentialIncome
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Property Subtype:Duplex
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Property Subtype Additional:Duplex
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Property Condition:UpdatedRemodeled
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Lot Size Acres:0.1019
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Lot Size Area:0.1019
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Lot Size Units:Acres
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Lot Size Source:Assessor
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (216) 870-8687
- Office phone:
- (440) 526-9400
Taxes
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Tax Year:2024
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Tax Legal Description:22 GROMBACHER 0095 ALL
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Tax Annual Amount:$5,308
Beds
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Bedrooms Total:5
Baths
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Total Baths:3
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Full Baths:3
The Listing
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Listing Terms:Cash,Conventional,Exchange1031
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Home Warranty:false
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Special Listing Conditions:Standard
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Virtual Tour URL Unbranded 3:https://www.propertypanorama.com/1542-Westwood-Avenue-Lakewood-OH-44107/unbranded
Heating & Cooling
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Heating:ForcedAir
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Heating:true
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Cooling:None
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Cooling:false
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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Elementary School District:Lakewood CSD (Cuyahoga)- 1817
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Middle School District:Lakewood CSD (Cuyahoga)- 1817
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High School District:Lakewood CSD (Cuyahoga)- 1817
The Community
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Subdivision Name:Henry Grombacher
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Pool Private:false
Parking
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Garage:true
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Attached Garage:false
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Garage Spaces:2.0
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Carport:false
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Parking Features:Detached,Garage,Paved
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/29/25
Apr 29, 2025
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Listed / Active | MLS_NOW | $432,500 | |
|
7/26/19
Jul 26, 2019
|
Sold | MLS_NOW |
