2054 Magee Street
Lakewood, OH, 44107 $ 399,900
Bedrooms4 Baths2.0 Sq 1,930 Monthly Estimate*
$ 2,525
for $399,900 with 4 bedrooms and 2 full baths. This 1,930 square foot home was built in 1893 on a lot size of 0.1102.
Completely renovated duplex in the heart of Lakewood! This turnkey property is the perfect opportunity for an owner-occupant looking to live in one unit while generating rental income from the other, or for an investor seeking a low-maintenance addition to their portfolio. Nearly every major component has been updated in 2026, making this a truly move-in-ready investment. The upper unit features a new furnace, hot water tank, windows, fresh paint, new carpet on the stairs, updated kitchen with new base cabinets, countertop, sink and faucet, plus an updated bathroom with a new sink, faucet and toilet. The lower unit offers a new furnace, hot water tank, windows, doors, kitchen cabinets, carpet throughout, drywall ceilings, ceiling fans, lighting, fresh paint, updated bathroom vanity and mirror, renovated mudroom with new drywall and flooring, and a new exterior door. The exterior has also been extensively improved with new vinyl siding, new window sills and trim, all new gutters, and a new rear roof. The basement has been waterproofed along the south wall for added peace of mind. Completing the property is a brand-new 20' x 24' detached garage featuring a new footer, concrete slab and apron, insulated 16x 7 overhead door, man door, roof, and matching siding and trim. Conveniently located within walking distance to shopping, restaurants, parks, and everyday amenities, with quick access to I-90 for an easy commute. Whether you're looking to offset your mortgage with rental income or expand your investment portfolio with a beautifully updated duplex, this property is one you won't want to miss!
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FeaturesGeneralSewer Public Sewer
Heating Forced Air Gas
Cooling None
Possession Delivery Of Deed
Roof Asphalt Fiberglass
Garage Spaces 2
Pool Features None
Construction Materials Vinyl Siding
Year Built 1893
Stories Count 2
Township Lakewood
Levels Two
Property Subtype Duplex
Tax Year 2025
Community Features Shopping Sidewalks
County Cuyahoga
Property Type Residential Income
Attached Garage false
Subdivision Name Pleasant Hill
Garage Y/N true
Total Rooms 9
Full Baths 2
Status Active
Directions EAST OF 117TH OFF MADISON. MAGEE IS ON THE SOUTH SIDE OF THE STREET. HOME IS LOCATED ON THE WEST SIDE OF THE STREET
City Lakewood
Disclosures Principal is Real Estate Licensed
High School District Lakewood CSD (Cuyahoga)- 1817
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 4592
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 20 PLEASH 0034 ALL
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InteriorInterior Amenities Eat-in Kitchen
Basement Unfinished
Total Stories 2
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Above Grade Finished Area 1930
Half Baths 0
Laundry Features Lower Level
Total Bedrooms 4
Main Level Bathrooms 0
Above Grade Finished Area Source Public Records
Total Baths 2
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ExteriorFencing None
Parking Features Driveway Detached Garage Paved
Water Source Public
Lot Size Area 0.1102
Number of Buildings 1
Lot Size Acres 0.1102
Lot Size Source Public Records
Waterfront Y/N false
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* Excluded FeaturesList ByJennifer L TaylorListing Agent
Russell Real Estate ServicesBroker
realtorjentaylor@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,525
- Monthly Property Taxes
- $383
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Lakewood, OH
Average List Price $384,608
Percent of Sale Price 4%
About Lakewood, OH 52,593 Population
-7% Since 2002
$ 49,946 Median Income
38.39 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
4457945 Elementary School
4458065 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/6/2026 | $399,900 | | Listed Price |