Charming, Updated Duplex in Lakewood – Endless Opportunities!
Discover the perfect blend of charm, functionality, and investment potential with this beautifully updated duplex in the heart of Lakewood! Currently operating as a successful 5-star Airbnb (Generated a gross income of $57,920 in 2024!), this property comes fully furnished, including all kitchen and bathroom essentials, making it a truly turnkey opportunity. Everything you see in the home is included with purchase! Whether you continue as an Airbnb host, explore corporate rentals, or live in one unit while renting the other, the options are endless! The upper unit features 2 bedrooms, 1 full bathroom, and the convenience of in-unit laundry. The lower unit also offers 2 spacious bedrooms, Queen pull out sofa bed, a full bathroom, and a welcoming front porch area. Step outside to enjoy the fully fenced backyard, complete with a wood deck and low-maintenance stoned landscaping. The basement has another laundry room with a washer and dryer. Additional highlights include:Oversized 2-car garage with potential to transform into a 3rd unit, Separate utilities, Smart thermostats in both units that can be controlled by your smartphone, Blink security cameras, Ample private parking with two driveways! Recent upgrades: newer hot water tank (2024), newer furnace and central A/C (2024). Located in a highly desirable area and close to downtown Cleveland, sports stadiums, restaurants and University Hospital/Cleveland Clinic. This property is a must-see! Schedule your showing today! Current Airbnb listings will be sent upon request. *Agent owned*
Closed
$360,000
2048 Lark St, Lakewood, OH 44107
4beds
1,476sqft
Duplex, Multi Family
Built in 1906
-- sqft lot
$375,400 Zestimate®
$244/sqft
$1,742 Estimated rent
Home value
$375,400
$342,000 - $413,000
$1,742/mo
Zestimate® history
Owner options
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$1,742/mo
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$1,742/mo
Rent Zestimate®
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$2,561/mo
Est. payment
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$2,561/mo
Est. payment
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Spacious bedroomsUpper unitLow-maintenance stoned landscapingWood deckIn-unit laundryWelcoming front porch areaFully fenced backyard
Zillow last checked:
Listing updated:
Listed by:
Kayleen McDowell kayleenmcdowell@mcdhomes.com440-867-8288,
McDowell Homes Real Estate Services
Bought with:
Shannon M Velotta, 2014000133
McDowell Homes Real Estate Services
Source: MLS Now,MLS#: 5112440
Originating MLS: Lake Geauga Area Association of REALTORS
Originating MLS: Lake Geauga Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Gas
Cooling
- Central Air, Gas
Appliances
- Included: Dryer, Microwave, Range, Refrigerator, Washer
- Laundry: In Basement, In Unit
Features
- Ceiling Fan(s), High Speed Internet, Primary Downstairs, Recessed Lighting
- Basement: Unfinished
Interior area
- Total structure area: 1,476
- Total interior livable area: 1,476 sqft
- Finished area above ground: 1,476
Property
Parking
- Total spaces: 2
- Parking features: Additional Parking, Concrete, Direct Access, Driveway, Detached, Garage
- Garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Exterior features: Private Yard
- Fencing: Back Yard,Fenced,Full,Gate,Privacy,Wood
Lot
- Size: 4,599 Square Feet
Details
- Parcel number: 31523088
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Cedar, Other
- Roof: Asphalt,Fiberglass
Condition
- Updated/Remodeled
- Year built: 1906
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Subdivision: Pleasant Hill
Location
- Region: Lakewood
Financial & listing details
- Price per square foot: $244/sqft
- Tax assessed value: $200,000
- Annual tax amount: $4,598
- Date on market: 4/6/2025
- Cumulative days on market: 80 days
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2025 | Sold | $360,000-5%$244/sqft |
Source:  MLS Now #5112440 Report a problem | ||
| 5/26/2025 | Contingent | $379,000$257/sqft |
Source: MLS Now #5112440 Report a problem | ||
| 5/13/2025 | Price change | $379,000-2.6%$257/sqft |
Source: MLS Now #5112440 Report a problem | ||
| 5/9/2025 | Price change | $389,000-2.5%$264/sqft |
Source: MLS Now #5112440 Report a problem | ||
| 4/21/2025 | Price change | $399,000-6.1%$270/sqft |
Source: MLS Now #5112440 Report a problem | ||
| 4/6/2025 | Listed for sale | $425,000+77.1%$288/sqft |
Source: MLS Now #5112440 Report a problem | ||
| 12/6/2023 | Listing removed | $240,000+20%$163/sqft |
Source: MLS Now #4464995 Report a problem | ||
| 6/28/2023 | Sold | $200,000-16.7%$136/sqft |
Source: MLS Now #4464995 Report a problem | ||
| 6/13/2023 | Pending sale | $240,000$163/sqft |
Source: MLS Now #4464995 Report a problem | ||
| 6/9/2023 | Listed for sale | $240,000+182.4%$163/sqft |
Source: MLS Now #4464995 Report a problem | ||
| 4/13/2018 | Sold | $85,000-14.1%$58/sqft |
Source: Public Record Report a problem | ||
| 11/16/2017 | Listed for sale | $99,000+23%$67/sqft |
Source: Real Living Joseph Schmidt #3956659 Report a problem | ||
| 5/23/2000 | Sold | $80,500+31.3%$55/sqft |
Source: Public Record Report a problem | ||
| 1/15/1997 | Sold | $61,300$42/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,591 -0.2% | $70,000 |
| 2024 | $4,598 +104.3% | $70,000 +135.3% |
| 2023 | $2,251 -0.6% | $29,750 |
| 2022 | $2,265 +1% | $29,750 |
| 2021 | $2,243 -12.6% | $29,750 |
| 2020 | $2,567 +0.4% | $29,750 -3.7% |
| 2019 | $2,557 -2.1% | $30,900 0% |
| 2018 | $2,611 -0.4% | $30,910 +9.7% |
| 2017 | $2,623 +0.7% | $28,180 |
| 2016 | $2,605 | $28,180 |
| 2015 | $2,605 -3.9% | $28,180 |
| 2014 | $2,711 +1.1% | $28,180 |
| 2013 | $2,683 +11.2% | $28,180 |
| 2012 | $2,412 +0.5% | $28,180 -1.8% |
| 2011 | $2,399 +0.3% | $28,700 |
| 2010 | $2,393 +9.3% | $28,700 |
| 2009 | $2,190 -7.6% | $28,700 -11.7% |
| 2008 | $2,369 +1.5% | $32,520 |
| 2007 | $2,335 +0.4% | $32,520 |
| 2006 | $2,324 +5.2% | $32,520 +11.3% |
| 2005 | $2,209 +1% | $29,230 |
| 2004 | $2,188 +8.3% | $29,230 |
| 2003 | $2,020 +5.2% | $29,230 +8% |
| 2002 | $1,921 -45.1% | $27,060 |
| 2001 | $3,496 -0.1% | $27,060 |
| 2000 | $3,499 | $27,060 |
Find assessor info on the county website
Neighborhood: 44107
Nearby homes
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Nearby schools
GreatSchools rating
- 7/10Harrison Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 5/10Garfield Middle SchoolGrades: 6-8Distance: 0.7 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
$375,400
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Estimated market value
$375,400
- Ohio
- Cuyahoga County
- Lakewood
- 44107
- 2048 Lark St
Nearby cities
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