1573 Lakewood Avenue
Lakewood, OH 44107
Map
- 7 beds
- 4 baths
- 2,652 sqft
- $105 per sqft
- 1911 build
- – on site
Endless potential and living options in a prime Lakewood location! This legal triplex sits on a great block of Lakewood Avenue between Madison and Franklin, just steps from popular Birdtown entertainment & restaurants. Close to Madison Park pool, & Lakewood Library Madison branch. Fantastic curb appeal. Enjoy the appeal of multiple outdoor space including covered front porch, second story rear porch, and two rear yard patios (one fenced), and a nicely landscaped yard. The spacious lower unit offers 4 bedrooms, while the upper level features a two bedroom and one bedroom unit—ideal for rental income or multi-generational living. Home has several ways to make it your own...as it lays out, convert to a two family, convert to a single family. Two car block construction garage with tandem single doors. With a full unfinished basement (full bath) offers space for storage and workshop. Large two room attic off back hall offers storage, or sets up ideally to create additional finished space. This property is perfect for investors or owner-occupants looking to live and/or earn income in one of Lakewood’s anchor neighborhoods. Priced to leave room for updates, improvements and modifications for investor, owner occupant and extended family living arrangements. Truly has appeal to use as single family home. Home has been in the same family for 50 years and previous owner lived in first floor unit. Do not miss out on this wonderful opportunity in today's real estate market.
Last checked:
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Last updated Jun 9, 2025
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MLS# 5119164 —
The Building
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Year Built:1911
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Year Built Source:PublicRecords
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Construction Materials:Block,Concrete,VinylSiding,WoodSiding
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Direction Faces:West
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Window Features:Screens,WindowTreatments
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Patio And Porch Features:Balcony
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Levels:Two
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Stories:2
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Roof:Asphalt,Fiberglass,Shingle,Slate
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Basement:CommonBasement,Full,Unfinished
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Basement:true
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# of Buildings:1
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Stories Total:2
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Above Grade Finished Area:2652.0
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Above Grade Finished Area Source:Assessor
Interior
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Rooms Total:11
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Interior Features:CeilingFans,EatInKitchen
Room Dimensions
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Living Area:2652.0
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Living Area Units:SquareFeet
Financial & Terms
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Possession:DeliveryOfDeed
Location
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Directions:North of Madison Avenue and South of Franklin Boulevard. Between Alameda and Ridgewood. Eastside of Lakewood Avenue.
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Latitude:41.479488
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Longitude:-81.775981
The Property
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Parcel Number:315-11-111
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Property Type:ResidentialIncome
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Property Subtype:Triplex
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Property Subtype Additional:Triplex
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Lot Features:BackYard,Flat,FrontYard,Landscaped,Level,NearPublicTransit,Paved
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Lot Size Acres:0.1519
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Lot Size Area:0.1519
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Lot Size Units:Acres
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Lot Size Source:Assessor
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View:Neighborhood
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Exterior Features:Awnings,Balcony
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Fencing:BackYard,Fenced,Partial,Vinyl
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (440) 821-4429
- Office phone:
- (440) 892-2211
Taxes
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Tax Year:2024
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Tax Legal Description:21 HW&B 0067 ALL
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Tax Annual Amount:$7,019
Beds
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Bedrooms Total:7
Baths
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Total Baths:4
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Full Baths:4
The Listing
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Listing Terms:Cash,Conventional,Exchange1031
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Home Warranty:false
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Virtual Tour URL Unbranded 3:https://www.propertypanorama.com/1573-Lakewood-Avenue-Lakewood-OH-44107/unbranded
Heating & Cooling
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Heating:ForcedAir,Gas
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Heating:true
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Cooling:CeilingFans
Utilities
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Sewer:PublicSewer
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Water Source:Public
Appliances
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Appliances:Range,Refrigerator
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Laundry Features:CommonArea,WasherHookup,ElectricDryerHookup,GasDryerHookup,InBasement,LowerLevel,LaundryTub,Sink
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:Humiston Wehrman & Bradfords
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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:Driveway,Detached,Electricity,GarageFacesFront,Garage,OffStreet
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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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6/9/25
Jun 9, 2025
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Sold Subject To Contingencies | MLS_NOW | $279,000 | |
|
6/5/25
Jun 5, 2025
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Listed / Active | MLS_NOW | $279,000 |
