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1542 Westwood Avenue Lakewood, OH, United States 44107

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.

Amenities

  • Bedrooms: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 0
  • Property Type: Residential Multi Family
  • Year Built: 1916
  • Built in 1916
  • Home size: 2,040 ft2 / 189.52 m2
  • MLS: 5115368
  • Status: Active
Copyright ? 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Property brokered by

Russell Real Estate Services

(800) 556-6530

Presented by Tal Tamir

  • (440) 526-9400
  • (440) 526-9400 (Office Phone)

Contact Tal Tamir

Contact Agent

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