OH > Lakewood > Henry Grombacher
Lakewood, OH 44107,1542 Westwood AVE
See all 22 photos
Lakewood, OH 44107,1542 Westwood AVE
Lakewood, OH 44107,1542 Westwood AVE
Lakewood, OH 44107,1542 Westwood AVE
Lakewood, OH 44107,1542 Westwood AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Wed
30
Apr
Thu
1
May
Fri
2
May
Alex Nikolic

Alex Nikolic

+1(440) 521-5565
$ 432,500
Est. payment /mo
Save
New

1542 Westwood AVE Lakewood, OH 44107

5 Beds

3 Baths

2,040 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,040 sqft

Price per Sqft $212

Subdivision Henry Grombacher

MLS Listing ID 5115368

Bedrooms 5

Full Baths 3

Construction Status Updated/Remodeled

HOA Y/N No

Abv Grd Liv Area 2,040

Year Built 1916

Annual Tax Amount $5,308

Tax Year 2024

Lot Size 4,438 Sqft

Acres 0.1019

Property Sub-Type Duplex

Property Description

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 2 bed, 1 bath currently rented at $1,385/month, with the ability to increase to $1,500–$1,600 at lease renewal on 7/31/25. The upper unit spans the second and third floors and lives like a single-family home with 3 bedrooms and 2 full baths—rented for $1,765/month through 6/30/25. 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.

Location

State OH

County Cuyahoga

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Detached, Garage, Paved

Garage Spaces 2.0

Garage Description 2.0

Water Access Desc Public

Roof Type Asphalt,Fiberglass,Shingle

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Construction Status Updated/Remodeled

Schools

School District Lakewood Csd (Cuyahoga)- 1817

Others

Tax ID 313-26-106

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Tal Tamir • Russell Real Estate Services • tal@premierclevelandinvesting.com 216-870-8687
agent

Alex Nikolic

Agent

+1(440) 521-5565

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Alex Nikolic, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

1542 Westwood AVE