12015 Clifton Boulevard Lakewood, OH $ 2,200,000
12015 Clifton Boulevard
$ 2,200,000
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12015 Clifton Boulevard

Lakewood, OH, 44107
$ 2,200,000
Bedrooms-- Baths--

Monthly Estimate*

$ 13,546

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Commercial Property for sale in Lakewood, OH

for $2,200,000. This building was built in 1925 on a lot size of 0.2149.

A rare opportunity to own an 18-unit apartment building at 12015 Clifton Boulevard, one of Lakewood’s most desirable and convenient locations. Just minutes from Edgewater Park, Downtown Cleveland, and Lake Erie, residents enjoy walkable access to public transit, local shops, and popular dining destinations. The property is currently producing income and features modest upgrades while maintaining its original Lakewood character. Many units include refinished hardwood floors, fresh paint, and kitchen and bath improvements with newer appliances in several suites. The building also offers on-site coin laundry for additional income, a new boiler system, and many plumbing and electrical upgrades throughout. While the building is in average overall condition, it provides flexibility for a range of investment strategies — whether kept as a steady turnkey property or renovated into a luxury or boutique apartment community. The rear lot also provides room to add 5+ parking spaces, a valuable feature in this part of Lakewood. A strong investment opportunity in one of Greater Cleveland’s most established and high-demand rental corridors, offering location, character, and potential for future growth.

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Commercial Active

Price

$ 2,200,000

Property Type

Commercial

Taxes

$ 37,941

Style

Lot Size

0.2149

Year Built

1925

Town/City

Lakewood

County/Region

Cuyahoga

MLS | Web ID

5156133

Features
General
Sewer Public Sewer
Heating Hot Water Radiator(s) Radiant Steam
Cooling Other Window Unit(s)
Possession Negotiable
Roof Flat
Year Built 1925
Stories Count 4
Township Lakewood
Property Subtype Apartment
Tax Year 2024
Current Use Commercial Multi-Family
Business Type Rental
County Cuyahoga
Property Type Commercial Sale
Attached Garage false
Subdivision Name Henry Beach Sub
Status Active
Directions w 117th to Clifton left on Clifton.
City Lakewood
High School District Lakewood CSD (Cuyahoga)- 1817
Number Of Units Total 18
Lot Size Units Acres
Tax Annual Amount 37941.5
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Lakewood CSD (Cuyahoga)- 1817
Elementary School District Lakewood CSD (Cuyahoga)- 1817
Year Built Source Public Records
Total Actual Rent 17830
Property Sub Type Additional Apartment
Legal Description 21 S/L 56 EP EST .17A 0055 WP
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Interior
Basement Storage Space Walk-Out Access
Total Stories 3
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Coin-operated
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features Additional Parking Off Street
Water Source Public
Lot Size Area 0.2149
Number of Buildings 2
Building Area Total 21308
Lot Size Acres 0.2149
Lot Size Source Public Records
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* Excluded Features
List By
Hannah Pannetti

Listing Agent

Keller Williams Citywide

Broker

hpannetti@kw.com

Email

Affordability Calculator

$16,708
Per Month
81%
19%
0%
Monthly Principal & Interest
$13,546
Monthly Property Taxes
$3,162
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4457945 Elementary School
4458065 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/7/2025$2,200,000 Listed Price

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12015 Clifton Boulevard, Lakewood, OH, 44107 is a Commercial Property for sale at $2,200,000 with a lot size of 0.2149. 12015 Clifton Boulevard was built in 1925. The property's zip code is 44107 which is in Lakewood, OH