1542 Westwood Avenue Lakewood, OH $ 425,000
1542 Westwood Avenue
$ 425,000
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1542 Westwood Avenue

Lakewood, OH, 44107
$ 425,000
Bedrooms4 Baths3.0 Sq 2,040

Monthly Estimate*

$ 2,617

1542 Westwood Avenue, Lakewood, OH 44107 - Image 1
1542 Westwood Avenue, Lakewood, OH 44107 - Image 2
1542 Westwood Avenue, Lakewood, OH 44107 - Image 3
1542 Westwood Avenue, Lakewood, OH 44107 - Image 4
1542 Westwood Avenue, Lakewood, OH 44107 - Image 5

Multi-Family Home for sale in Lakewood, OH

for $425,000 with 4 bedrooms and 3 full baths. This 2,040 square foot home was built in 1916 on a lot size of 0.1019.

Great investment opportunity in the heart of Lakewood! This fully occupied duplex at 1542 Westwood Ave offers strong rental income and excellent long-term potential, all in one of the area’s most desirable and walkable neighborhoods. The property features two well-sized units. One unit offers 2 bedrooms and 1 full bathroom, while the second unit includes 3 bedrooms and 2 full bathrooms, providing flexible living options that appeal to a wide range of tenants. Both units are tenant-occupied, making this a true turnkey investment with immediate income. Located just steps from Lakewood’s vibrant bars, restaurants, and entertainment, this property benefits from a highly sought-after location that continues to attract renters and sustain strong demand. Whether you're expanding your portfolio or looking for a solid income-producing property in a prime location, 1542 Westwood Ave delivers both convenience and reliable returns.

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Multi-Family Active

Price

$ 425,000

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,301

Style

Lot Size

0.1019

Year Built

1916

Town/City

Lakewood

County/Region

Cuyahoga

MLS | Web ID

5189175

Features
General
Sewer Public Sewer
Heating Forced Air Gas
Cooling Other
Possession Negotiable
Roof Asphalt Shingle
Appliances Dryer Washer
Garage Spaces 2
Construction Materials Aluminum Siding Vinyl Siding
Year Built 1916
Stories Count 2
Township Lakewood
Levels Two
Property Subtype Duplex
Tax Year 2025
County Cuyahoga
Property Type Residential Income
Attached Garage false
Subdivision Name Henry Grombacher
Garage Y/N true
Total Rooms 10
Full Baths 3
Status Active
Directions Madison Ave to Westwood Ave
City Lakewood
High School District Lakewood CSD (Cuyahoga)- 1817
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 5301
Home Warranty Y/N false
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
Property Sub Type Additional Duplex
Legal Description 22 GROMBACHER 0095 ALL
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Interior
Basement Full Unfinished
Basement (Y/N) true
Heating Y/N true
Above Grade Finished Area 2040
Half Baths 0
Laundry Features In Basement
Total Bedrooms 4
Main Level Bathrooms 0
Above Grade Finished Area Source Assessor
Total Baths 3
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Exterior
Parking Features Detached Garage
Water Source Public
Lot Size Area 0.1019
Number of Buildings 1
Lot Size Acres 0.1019
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Terry Young

Listing Agent

Keller Williams Greater Metropolitan

Broker

Terryyoung@theyoungteam.com

Email

Affordability Calculator

$3,059
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,617
Monthly Property Taxes
$442
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
3/18/2026$425,000 Listed Price

Map


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1542 Westwood Avenue, Lakewood, OH, 44107 is a Multi-Family Home for sale at $425,000 with 2,040 sqft and a lot size of 0.1019. 1542 Westwood Avenue has 4 bedrooms, 3.0 baths, and was built in 1916. The property's zip code is 44107 which is in Lakewood, OH