RARE LAKEWOOD INVESTMENT OPPORTUNITY: Prime Location, Great Shape! This type of investment property in Lakewood is almost never available! Located on a fantastic street in the heart of Lakewood, this WELL-MAINTAINED 4 SUITE building features two 2-bedroom, 1-bath units and two studio/1-bedroom, 1-bath units, all with UPDATED KITCHENS AND BATHS. The LARGE WALK UP ATTIC offers potential for an additional unit. You'll appreciate the 2-CAR GARAGE + 2 EXTRA PARKING SPACES, HARDWOOD FLOORS throughout, newer VINYL WINDOWS (approx. 12 years), and a roof around 10 years old. A COIN-OPERATED WASHER DRYER in the basement adds to the income stream. Enjoy unparalleled convenience with minutes to downtown, the airport, shopping, and WALKABLE ACCESS TO BIRDTOWN'S NIGHTLIFE. The VACANT SMALLER SUITE is perfect for an owner occupant. Don't miss this unique opportunity – schedule your showing now!
Closed
$400,000
1574 Ridgewood Ave, Lakewood, OH 44107
6beds
--sqft
Quadruplex, Multi Family
Built in 1910
-- sqft lot
$419,200 Zestimate®
$--/sqft
$1,303 Estimated rent
Home value
$419,200
$381,000 - $461,000
$1,303/mo
Zestimate® history
Owner options
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$1,303/mo
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$2,784/mo
Est. payment
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$2,784/mo
Est. payment
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Prime locationCoin-operated washer dryerHardwood floorsUpdated kitchens and bathsNewer vinyl windows
Zillow last checked:
Listing updated:
Listed by:
Donald Petrasek donpetrasek@howardhanna.com216-978-5349,
Howard Hanna
Bought with:
Robert L Rogers, 2015005456
Keller Williams Greater Metropolitan
Christine Barkan, 2017002876
Keller Williams Greater Metropolitan
Source: MLS Now,MLS#: 5121839Originating MLS: Akron Cleveland Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air
Cooling
- Window Unit(s)
Appliances
- Included: Dryer, Range, Refrigerator, Washer
- Laundry: Common Area, In Basement
Features
- Windows: Double Pane Windows
- Basement: Full,Unfinished
Property
Parking
- Parking features: Driveway, Detached, Garage, Off Street
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,741 Square Feet
Details
- Parcel number: 31512081
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Aluminum Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Citizens R/E Companys 02
Location
- Region: Lakewood
Financial & listing details
- Annual tax amount: $7,261
- Date on market: 5/13/2025
- Cumulative days on market: 5 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2025 | Sold | $400,000+2.6% |
Source: MLS Now #5121839 Report a problem | ||
| 5/17/2025 | Pending sale | $389,900 |
Source: MLS Now #5121839 Report a problem | ||
| 5/13/2025 | Listed for sale | $389,900 |
Source: MLS Now #5121839 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 44107
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Nearby schools
GreatSchools rating
- 7/10Harrison Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Garfield Middle SchoolGrades: 6-8Distance: 0.5 mi
- 7/10Lakewood High SchoolGrades: 9-12Distance: 0.9 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
$419,200
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
$419,200
- Ohio
- Cuyahoga County
- Lakewood
- 44107
- 1574 Ridgewood Ave
Nearby cities
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