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  • $284,000

    1573 Lakewood Ave, Lakewood, OH 44107

    7beds
    2,652sqft
    Triplex, Multi Family
    Built in 1911
    -- sqft lot
    $293,900 Zestimate®
    $107/sqft
    $1,749 Estimated rent

    Home value

    $293,900

    $267,000 - $323,000

    $1,749/mo

    Zestimate® history
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    What's special

    Fantastic curb appealTwo rear yard patiosCovered front porchNicely landscaped yardFull unfinished basementSpacious lower unitSecond story rear porch
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael W Thies mike@rgpropertyadvisors.com440-821-4429,

    Keller Williams Citywide,

    Kyle M Lawrence 440-346-0929,

    Keller Williams Citywide

    Bought with:

    Crystal Jontony, 2020000849

    EXP Realty, LLC.

    Source: MLS Now,MLS#: 5119164MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 4
    Heating
    • Forced Air, Gas
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Range, Refrigerator
    • Laundry: Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Basement, Lower Level, Laundry Tub, Sink
    Features
    • Ceiling Fan(s), Eat-in Kitchen
    • Windows: Screens, Window Treatments
    • Basement: Common Basement,Full,Unfinished
    Interior area
    • Total structure area: 2,652
    • Total interior livable area: 2,652 sqft
    • Finished area above ground: 2,652

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Detached, Electricity, Garage Faces Front, Garage, Off Street
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Balcony
    • Exterior features: Awning(s), Balcony
    • Fencing: Back Yard,Fenced,Partial,Vinyl
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 6,616 Square Feet
    • Features: Back Yard, Flat, Front Yard, Landscaped, Level, Near Public Transit, Paved
    Details
    • Parcel number: 31511111

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    Materials
    • Block, Concrete, Vinyl Siding, Wood Siding
    • Roof: Asphalt,Fiberglass,Shingle,Slate
    Condition
    • Year built: 1911

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Humiston Wehrman & Bradfords
    Location
    • Region: Lakewood

    Financial & listing details

    • Price per square foot: $107/sqft
    • Tax assessed value: $309,300
    • Annual tax amount: $7,019
    • Date on market: 6/5/2025
    • Cumulative days on market: 26 days
    • Listing terms: Cash,Conventional,1031 Exchange

    Price history

    DateEventPrice
    7/2/2025Pending sale$279,000-1.8%$105/sqft
    Source: MLS Now #5119164 Report a problem
    7/1/2025Sold$284,000+1.8%$107/sqft
    Source: MLS Now #5119164 Report a problem
    6/9/2025Contingent$279,000$105/sqft
    Source: MLS Now #5119164 Report a problem
    6/5/2025Listed for sale$279,000+26.8%$105/sqft
    Source: MLS Now #5119164 Report a problem
    5/9/2025Sold$220,000$83/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,356 -0.5%$108,260
    2024$6,389 +38.7%$108,260 +54.8%
    2023$4,608 -1.3%$69,930
    2022$4,670 +1%$69,930
    2021$4,623 +32%$69,930 +42%
    2020$3,503 -17.2%$49,250 +0%
    2019$4,231 +23.3%$49,240 0%
    2018$3,431 +8%$49,250 +15%
    2017$3,176 -42.3%$42,810
    2016$5,506 -10.6%$42,810
    2015$6,155 +49.5%$42,810
    2014$4,116 +1.1%$42,810
    2013$4,073 +11.2%$42,810
    2012$3,662 +22.1%$42,810 -3.8%
    2011$2,999 +0.3%$44,490
    2010$2,991 +992.8%$44,490
    2009$274 -90.3%$44,490 -6%
    2008$2,819 -17.1%$47,330
    2007$3,400 +0.4%$47,330
    2006$3,385 +4%$47,330 +9.9%
    2005$3,256 +1%$43,060
    2004$3,224 +8.3%$43,060
    2003$2,978 +11.6%$43,060 +14.6%
    2002$2,669 -45%$37,590
    2001$4,857 -0.1%$37,590
    2000$4,860 $37,590
    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
    $293,900
    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
    $293,900