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Property Description

Investor Opportunity in Lakewood! This solid brick multi unit property 9,363 sqft and $7,619 in monthly income delivers lasting stability and strong curb appeal. It features 11 one bedroom one bath units most with a living room, dining room and balcony. Select units highlight original hardwood flooring, while others include carpet or ceramic tile, offering both durability and variety. Walkable to the many shops, restaurants and bars throughout Lakewood along with the Metroparks Rocky River Valley. The location offers direct access to I-90, the Cleveland Lakefront Shoreway via Clifton Boulevard ensuring excellent regional connectivity. Public transit further enhances accessibility with RTA Bus Route 25 running in front of the property connecting with the Redline train the the airport, downtown and University Circle. With Lakewood’s proven rental demand and strong occupancy rates, this property represents a reliable addition to any portfolio, with immediate income and long term growth potential.

Features
: Hot Water, Steam
: No
: No Garage, On Street, On Street, On Street
Address Map
OH
Cuyahoga
Lakewood
44107
Madison
16812
Avenue
W82° 11' 7.7''
N41° 28' 40''
Property Details
Active
Progressive Urban Real Estate Co
David S Sharkey
9,213 Sqft
433257
2684
313-21-023
: Flat, Composition
: Public Sewer
: Public
$25,114
611543
27/08/2025 15:23:30
No
No
No
No
11

16812 Madison Avenue, Lakewood, Ohio 44107

Commercial Sale For Sale

0.14 Sqft
$699,900
Listing ID #5151332
Basic Details
Property Type : Commercial Sale
Property Sub Type : Apartment
Listing Type : For Sale
Listing ID : 5151332
Price : $699,900
Year Built : 1923
Lot Area : 0.14 Sqft
Agent info
Berkshire Hathaway HomeServices Professional Realty
7466 Auburn Road Suite A, Concord, Ohio 44077
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