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  • $404,450

    1362 Phelps Ave, Lakewood, OH 44107

    5beds
    --sqft
    Duplex, Multi Family
    Built in 1923
    -- sqft lot
    $439,300 Zestimate®
    $--/sqft
    $1,339 Estimated rent

    Home value

    $439,300

    $404,000 - $479,000

    $1,339/mo

    Zestimate® history
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    $2,871/mo

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    What's special

    Lovely front porchGorgeous hardwood floors
    Welcome to this well maintained and cared for duplex on the west side of Lakewood. The first floor unit has gorgeous hardwood floors throughout the living room, dining room, and the 2 bedrooms. The full bathroom has been nicely updated. The kitchen has ample cabinets and plenty of counterspace. The second floor unit also has hardwood floors in the LR, DR, and both bedrooms. Off the living room you will find a lovely front porch with updated LVT flooring and windows on either side to provide additional comfort. The kitchen in this unit has also been updated and has plenty of cabinets and counterspace. The 3rd floor has its own private entrance via the back stairwell, which makes it an ideal in law or teen suite! On the third floor you will find a dining area, kitchenette, full bathroom, living room and bedroom. Basement has a full bath, storage and a large multipurpose room. This home has brand new roof 2025, vinyl windows throughout 2009, and new AC 2023. All appliances stay! This home truly has all the marks of a wonderful investment property. The location can't be beat, close to restaurants, bars, parks, and loads of entertainment. Schedule your private showing today and start making some passive income!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristen A Eiermann 440-935-0993 kristeneiermann@howardhanna.com,

    Howard Hanna,

    Kiera Lavelle 216-215-4649,

    Howard Hanna

    Bought with:

    Vince Senauskas, 2018000713

    Gentile Real Estate LLC

    Source: MLS Now,MLS#: 5139193Originating MLS: Lorain County Association Of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air, Gas
    Cooling
    • Central Air
    Features
    • Basement: Partially Finished

    Property

    Parking
    • Parking features: Additional Parking, Driveway, On Site, On Street
    Features
    • Levels: Three Or More
    Lot
    • Size: 4,482 Square Feet
    Details
    • Parcel number: 31116056

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Vinyl Siding
    • Roof: Shingle
    Condition
    • Updated/Remodeled
    • Year built: 1923

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Rockport Sec 23
    Location
    • Region: Lakewood

    Financial & listing details

    • Tax assessed value: $261,800
    • Annual tax amount: $5,940
    • Date on market: 7/14/2025
    • Cumulative days on market: 4 days
    • Listing agreement: Exclusive Right To Sell

    Price history

    DateEventPrice
    8/27/2025Sold$404,450-3.7%
    Source: MLS Now #5139193 Report a problem
    7/19/2025Pending sale$420,000
    Source: MLS Now #5139193 Report a problem
    7/14/2025Listed for sale$420,000+200%
    Source: MLS Now #5139193 Report a problem
    11/29/2007Sold$140,000+18.1%
    Source: Public Record Report a problem
    3/30/2004Sold$118,500
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,930 -0.2%$91,630
    2024$5,940 +14%$91,630 +33.2%
    2023$5,211 -0.6%$68,810
    2022$5,245 +1%$68,810
    2021$5,193 +12.8%$68,810 +29%
    2020$4,604 +0.5%$53,340
    2019$4,582 +1.6%$53,340
    2018$4,509 +1.8%$53,340 +13.8%
    2017$4,429 +0.7%$46,870
    2016$4,399 $46,870
    2015$4,399 +10.5%$46,870 +15%
    2014$3,980 +1%$40,740
    2013$3,939 +11%$40,740
    2012$3,547 +885.5%$40,740 -3.6%
    2011$360 -90%$42,280
    2010$3,590 +9.3%$42,280
    2009$3,285 +4.8%$42,280 0%
    2008$3,136 +3.2%$42,290
    2007$3,040 +0.4%$42,290
    2006$3,026 +2.1%$42,290 +7.9%
    2005$2,964 +1%$39,200
    2004$2,935 +8.3%$39,200
    2003$2,711 +11.5%$39,200 +14.5%
    2002$2,431 -45%$34,230
    2001$4,423 -0.1%$34,230
    2000$4,426 $34,230
    Find assessor info on the county website

    Neighborhood: 44107

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Lakewood CSD (Cuyahoga)- 1817

    Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $439,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $439,300