1175 Andrews Avenue, Lakewood, OH 44107
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by:michelle m mehaffey
Office:re/max above & beyond
MLS#:5155871
Source:OH_NORMLS
Price summary
- Price:$540,000
- Price per sq. ft.:$102.43
About this home
Rare Investment Opportunity in the Heart of Lakewood!
This all-brick 4-family building offers expansive 1,146 sq. ft. units, each featuring 2 bedrooms, 1 full bath, a formal dining room, spacious living room, and a bonus office/hobby room filled with natural light. Every unit has been beautifully updated with freshly remodeled kitchens and baths while maintaining timeless character. The building itself has been meticulously maintained with significant improvements, including a new roof, updated windows, separate electric panels, new furnaces with ductwork in each unit, and enhanced firewalls between units. Residents enjoy the convenience of a shared coin-operated laundry in the lower level.
Additional income potential awaits with the option to rebuild the former garden unit. 5 parking spaces are available in the rear lot, a rare find in Lakewood. The location is unmatched—steps from public transportation, grocery stores, shopping, restaurants, parks, and the library. This is a true gem for any portfolio, combining immediate rental appeal with long-term investment potential.
Call today for more information and to schedule your private tour!
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Home facts
- Year built:1916
- Listing ID #:5155871
- Added:50 day(s) ago
- Updated:November 01, 2025 at 07:14 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Living area:5,272 sq. ft.
Heating and cooling
- Cooling:Window Units
- Heating:Forced Air
Structure and exterior
- Roof:Flat
- Year built:1916
- Building area:5,272 sq. ft.
- Lot area:0.12 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$540,000
- Price per sq. ft.:$102.43
- Tax amount:$13,232 (2024)
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