2045 Chesterland Avenue Lakewood, OH $ 325,000
2045 Chesterland Avenue
$ 325,000
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2045 Chesterland Avenue

Lakewood, OH, 44107
$ 325,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 2,028

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Multi-Family Home for sale in Lakewood, OH

for $325,000 with 4 bedrooms and 2 full baths. This home was built in 1922 on a lot size of 0.1047.

Fantastic opportunity to own a fully updated and income-producing duplex in the heart of Lakewood! Both units feature a nearly identical layout with two bedrooms and one full bath, showcasing timeless character alongside thoughtful updates. The first floor offers a cozy living room with hardwood floors and a decorative fireplace, a dining room accented by original leaded glass built-ins, and a kitchen with newer appliances and flooring. Upstairs mirrors the first with its own spacious rooms and a charming balcony overlooking the neighborhood. Modern comforts include central air, newer HVAC systems, updated electrical panels, and refreshed finishes throughout. A full basement with glass block windows provides two laundry areas and additional storage, while the third floor offers even more space. Outside, the property includes a detached two-car garage and a welcoming front porch. Ideally located just off Madison Avenue, this duplex is close to shopping, restaurants, parks, and highways. With both units fully leased, this home is a true turn-key investment in one of Lakewood’s most desirable rental markets.

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Multi-Family Active

Price

$ 325,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,021

Style

Lot Size

0.1047

Year Built

1922

Town/City

Lakewood

County/Region

Cuyahoga

MLS | Web ID

5161281

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Possession Delivery Of Deed
Roof Asphalt Fiberglass
Appliances Dryer Dishwasher Microwave Range Refrigerator Washer
Garage Spaces 2
Patio/Porch Features Balcony
Construction Materials Vinyl Siding
Year Built 1922
Stories Count 2
Township Lakewood
Levels Two
Property Subtype Duplex
Tax Year 2024
County Cuyahoga
Property Type Residential Income
Attached Garage false
Subdivision Name Land & Home Companys 01
Garage Y/N true
Total Rooms 10
Full Baths 2
Status Active
Directions Between Madison and Athens
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 5021
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 L&HCO#1 0217 ALL
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Interior
Basement Full Unfinished
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Laundry Features In Bathroom
Total Bedrooms 4
Main Level Bathrooms 0
Total Baths 2
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Exterior
Exterior Amenities Balcony
Parking Features Detached Garage
Water Source Public
Lot Size Area 0.1047
Number of Buildings 1
Lot Size Acres 0.1047
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Rebecca Donatelli

Listing Agent

Elite Sotheby's International Realty

Broker

rebeccadonatelli@elitesothebysrealty.com

Email

Affordability Calculator

$2,446
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,028
Monthly Property Taxes
$418
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
12/2/2025$325,000 -6.61% Price Down
10/1/2025$348,000 Listed Price

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2045 Chesterland Avenue, Lakewood, OH, 44107 is a Multi-Family Home for sale at $325,000 with a lot size of 0.1047. 2045 Chesterland Avenue has 4 bedrooms, 2.0 baths, and was built in 1922. The property's zip code is 44107 which is in Lakewood, OH