Charming 2 Unit Multi-Family Home nestled in the heart of Lakewood, Ohio. This multi-family home with a slate roof & tons of natural woodwork offers the perfect blend of vintage charm and modern convenience. The home features a welcoming front porch, perfect for enjoying warm summer evenings or greeting neighbors passing by. In addition to its comfortable living spaces, this two-unit multi-family home offers a lucrative investment opportunity...average 2 bedroom rents in the area are $1300+ per month. Many updates have been done including thermal pane vinyl windows, waterproofing, drain tiles to street replaced, newer siding & more! Whether you choose to rent both units or occupy one & rent the other, this property presents a versatile investment with long-term potential. Lakewood, Ohio, is renowned for its vibrant community & amenities. Residents of this home can enjoy: Proximity to Edgewater Beach, Whiskey Island Marina and Lakewood Park, a scenic lakeside park with a promenade, play
Closed
$250,000
1489 Newman Ave, Lakewood, OH 44107
4beds
2,829sqft
Duplex, Multi Family
Built in 1911
-- sqft lot
$279,600 Zestimate®
$88/sqft
$1,480 Estimated rent
Home value
$279,600
$257,000 - $305,000
$1,480/mo
Zestimate® history
Owner options
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$1,480/mo
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$1,480/mo
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$1,833/mo
Est. payment
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$1,833/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Kelly MacCarthy (440)864-6580,
Century 21 Homestar
Bought with:
James P Matheos, 2015001911
Keller Williams Citywide
Stefano Kachevas, 2021006276
Keller Williams Citywide
Source: MLS Now,MLS#: 4488819
Originating MLS: Akron Cleveland Association of REALTORS
Originating MLS: Akron Cleveland Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- None
Appliances
- Laundry: Common Area
Features
- Basement: Common Basement,Full
Interior area
- Total structure area: 2,829
- Total interior livable area: 2,829 sqft
- Finished area above ground: 1,886
- Finished area below ground: 943
Property
Parking
- Parking features: No Garage, Paved
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,079 Square Feet
Details
- Parcel number: 31514083
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1911
Utilities & green energy
- Water: Public
Community & HOA
Location
- Region: Lakewood
Financial & listing details
- Price per square foot: $88/sqft
- Tax assessed value: $213,700
- Annual tax amount: $3,570
- Date on market: 12/6/2023
- Cumulative days on market: 22 days
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2023 | Sold | $250,000+2%$88/sqft |
Source:  MLS Now #4488819 Report a problem | ||
| 10/2/2023 | Pending sale | $245,000$87/sqft |
Source: MLS Now #4488819 Report a problem | ||
| 9/15/2023 | Contingent | $245,000$87/sqft |
Source: MLS Now #4488819 Report a problem | ||
| 9/12/2023 | Listed for sale | $245,000$87/sqft |
Source: MLS Now #4488819 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,838 -0.2% | $74,800 |
| 2024 | $4,847 +36.7% | $74,800 +59.6% |
| 2023 | $3,547 -0.6% | $46,870 |
| 2022 | $3,570 +1% | $46,870 |
| 2021 | $3,534 +24.1% | $46,870 +42% |
| 2020 | $2,847 +0.4% | $33,010 +0% |
| 2019 | $2,836 +1.7% | $33,000 0% |
| 2018 | $2,789 +3.7% | $33,010 +14% |
| 2017 | $2,690 +0.7% | $28,950 |
| 2016 | $2,672 | $28,950 |
| 2015 | $2,672 -3.9% | $28,950 |
| 2014 | $2,781 +1.1% | $28,950 |
| 2013 | $2,752 +11.2% | $28,950 |
| 2012 | $2,474 -1.7% | $28,950 -3.9% |
| 2011 | $2,517 +902.7% | $30,110 |
| 2010 | $251 -89.1% | $30,110 |
| 2009 | $2,297 +5.1% | $30,110 +4% |
| 2005 | $2,186 +1% | $28,950 |
| 2004 | $2,165 +8.3% | $28,950 |
| 2003 | $2,000 +11.6% | $28,950 +14.6% |
| 2002 | $1,792 -45.1% | $25,270 |
| 2001 | $3,265 -0.1% | $25,270 |
| 2000 | $3,267 | $25,270 |
Find assessor info on the county website
Neighborhood: 44107
Nearby homes
- $--2 bd1 ba-- sqft1489 Newman Ave #UP, Lakewood, OH 44107Off Market
- $174,0002 bd2 ba1.2k sqft1493 Newman Ave, Lakewood, OH 44107Sold
- $233,7003 bd1 ba1.2k sqft1485 Newman Ave, Lakewood, OH 44107Off Market
- $207,8003 bd1 ba1.4k sqft1499 Newman Ave, Lakewood, OH 44107Off Market
- $267,2006 bd2 ba2.4k sqft1481 Newman Ave, Lakewood, OH 44107Off Market
- $192,1003 bd1 ba-- sqft1481 Newman Ave #1481, Lakewood, OH 44107Off Market
- $180,0003 bd1 ba1.2k sqft1483 Newman Ave, Lakewood, OH 44107Off Market
- $160,0003 bd1 ba1.4k sqft11825 Davis Ct, Lakewood, OH 44107Sold
Nearby schools
GreatSchools rating
- 7/10Harrison Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 5/10Garfield Middle SchoolGrades: 6-8Distance: 0.5 mi
- 7/10Lakewood High SchoolGrades: 9-12Distance: 1.1 mi
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
$279,600
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
$279,600
- Ohio
- Cuyahoga County
- Lakewood
- 44107
- 1489 Newman Ave
Nearby cities
Nearby zip codes
Other Lakewood Topics
