
1542 Westwood Ave Lakewood, OH 44107
Estimated payment $2,767/month
Highlights
- 2 Car Detached Garage
- Grant Elementary School Rated A
- Forced Air Heating System
About This Home
Investor or owner-occupant opportunity! This incredible, oversized duplex in the heart of Lakewood offers flexibility and strong returns, just steps from the city’s best bars, restaurants, and entertainment. The first-floor unit is a well-maintained, 1,030 sq. ft, 2 bed, 1 bath currently rented at $1,500/month through July 31st, 2026. The upper unit spans the second and third floors and lives like a single-family home with 3 bedrooms and 2 full baths. The upper unit is approximately 1,530 sq. ft and is rented for $1,765/month through June 30th, 2026. Ideal for house hacking or maximizing rental income, this property features a brand-new roof (October 2024), a fully renovated upstairs unit including a new kitchen, two bathrooms, and third bedroom, plus updated appliances in both units and new basement laundry for tenants. Whether you're seeking a high-performing investment or a chance to live in one unit while renting the other, this Lakewood gem delivers on all fronts. *Note: Owner states that there are 5 bedrooms and 3 bathrooms and the county auditor website states that there are 4 bedrooms and 2 bathrooms.
Listing Agent
Russell Real Estate Services Brokerage Email: tal@premierclevelandinvesting.com, 216-870-8687 License #2018001908 Listed on: 04/28/2025

Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,308
Year Built
- Built in 1916 | Remodeled
Lot Details
- 4,439 Sq Ft Lot
Parking
- 2 Car Detached Garage
Home Design
- Fiberglass Roof
- Asphalt Roof
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 2,040 Sq Ft Home
- 3-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
Community Details
- Henry Grombacher Subdivision
Listing and Financial Details
- Assessor Parcel Number 313-26-106
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/12/2025 06/12/25 | Price Changed | $427,500 | -1.2% | $210 / Sq Ft |
04/28/2025 04/28/25 | For Sale | $432,500 | +101.2% | $212 / Sq Ft |
07/26/2019 07/26/19 | Sold | $215,000 | +7.6% | $105 / Sq Ft |
06/23/2019 06/23/19 | Pending | -- | -- | -- |
06/20/2019 06/20/19 | For Sale | $199,900 | -- | $98 / Sq Ft |
Similar Homes in Lakewood, OH
Source: MLS Now
MLS Number: 5115368

APN: 313-26-106
- 1515 Orchard Grove Ave
- 1454 Arthur Ave
- 15018 Hilliard Rd
- 1594 Victoria Ave
- 1425 Wagar Ave
- 1654 Wagar Ave
- 1503 Victoria Ave
- 2038 Morrison Ave
- 1480 Warren Rd Unit 313
- 1496 Winton Ave
- 16601 Hilliard Rd
- 2020 Warren Rd
- 2102 Carabel Ave
- 1344 Ethel Ave
- 2059 Atkins Ave
- 1652 Saint Charles Ave
- 1505 Roycroft Ave
- 1632 Larchmont Ave
- 2131 Arthur Ave
- 1301 Andrews Ave
- 15605 Madison Ave
- 1385 Cranford Ave Unit 13
- 1385 Cranford Ave Unit 14
- 1385 Cranford Ave Unit 5
- 1375 Cranford Ave
- 1559 Cordova Ave
- 2143 Eldred Ave Unit 2
- 14600 Detroit Ave
- 2222 Woodward Ave
- 17600 Detroit Ave
- 2196 Atkins Ave Unit 3
- 17405 Woodford Ave Unit 1
- 17920 Detroit Ave
- 1209 Bonnieview Ave Unit 3
- 1439 W Clifton Blvd
- 17456 Shaw Ave Unit 2
- 17826 Northwood Ave Unit Lower unit 1
- 15115 Lake Ave
- 14623 Clifton Blvd Unit 14623
- 14617 Clifton Blvd Unit West Unit