1559 Hopkins Avenue, Lakewood, OH 44107
Local realty services provided by:Better Homes and Gardens Real Estate Central
1559 Hopkins Avenue,Lakewood, OH 44107
$319,900
- 5 Beds
- 2 Baths
- 2,884 sq. ft.
- Multi-family
- Pending
Listed by: christopher a frederick, michele l frederick
Office: coldwell banker schmidt realty
MLS#:5224574
Source:OH_NORMLS
Price summary
- Price:$319,900
- Price per sq. ft.:$110.92
About this home
Magnificent Lakewood duplex! Attention investors & owner-occupants—this exceptional property offers the best of both worlds. Beautifully remodeled first-floor unit is vacant & ready for immediate occupancy or can be rented for top market value, while the occupied second-floor unit helps offset your mortgage w/immediate rental income. This is not your typical rental property—it has been lovingly maintained & meticulously updated over the years, with true pride of ownership evident throughout. Situated in one of Lakewood's most desirable neighborhoods, this solid investment features updated kitchens w/premium quartz & granite countertops, quality cabinetry, modern finishes. Both units offer bright, sun-filled open floor plans w/updated vinyl windows, modern/spacious living areas, & timeless appeal that attracts & retains quality tenants. First-floor unit features 2 bedrooms, while the second-floor unit offers 2 bedrooms plus a finished third-floor bedroom, studio, flex space. Upstairs unit is currently leased month-to-month at $1,700 per month to a quality tenant who would like to remain. Major mechanical updates provide peace of mind, including updated basement improvements (2009), furnaces approximately 4-6 years old, hot water tanks (2014 & 2015), updated electrical service (2008), and a new PVC sewer line from the house to the street (2020). Separate gas and electric meters keep operating costs efficient, plus the washer and dryer are included. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this turnkey property is a rare opportunity in sought-after Lakewood. The vacant first-floor unit is available for showings. The occupied second-floor unit may be viewed upon acceptance of an offer....
Contact an agent
Home facts
- Year built:1903
- Subdivision & Development:Henry Beach
- Listing ID #:5224574
- Added:83 day(s) ago
- Updated:September 29, 2026 at 09:39 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:9
- Kitchen Description:Range, Refrigerator
- Basement:Yes
- Basement Description:Full, Unfinished
- Living area:2,884 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt
- Year built:1903
- Building area:2,884 sq. ft.
- Lot area:0.1 Acres
- Construction Materials:Aluminium Siding
- Levels:3 Stories
Utilities
- Water:Public
Finances and disclosures
- Price:$319,900
- Price per sq. ft.:$110.92
- Tax amount:$4,791 (2025)
Features and amenities
- Appliances:Range, Refrigerator, Washer
- Laundry features:Dryer, Washer
Parking
- Parking description:Driveway
New listings near 1559 Hopkins Avenue
- New
$289,900Active4 beds 1 baths1,750 sq. ft.1238 Webb Road, Lakewood, OH 44107
MLS# 5248162Listed by: KELLER WILLIAMS CITYWIDE - New
$399,900Active6 beds 2 baths2,860 sq. ft.2024 Carabel Avenue, Lakewood, OH 44107
MLS# 5248193Listed by: BERKSHIRE HATHAWAY HOMESERVICES STOUFFER REALTY - New
$199,900Active3 beds 1 baths1,396 sq. ft.1333 Nicholson Avenue, Lakewood, OH 44107
MLS# 5247938Listed by: RE/MAX CROSSROADS PROPERTIES - New
$360,000Active4 beds 2 baths1,748 sq. ft.2120 Richland Avenue, Lakewood, OH 44107
MLS# 5247450Listed by: REAL OF OHIO - New
$400,000Active4 beds 3 baths2,209 sq. ft.1567 Coutant Avenue, Lakewood, OH 44107
MLS# 5247902Listed by: KELLER WILLIAMS CITYWIDE - New
$209,900Active1 beds 1 baths720 sq. ft.12900 Lake Avenue #1506, Lakewood, OH 44107
MLS# 5245605Listed by: RICHARD KATZ REALTY & CONDO REALTY - New
$600,000Active8 beds 4 baths4,000 sq. ft.1497 Coutant Avenue, Lakewood, OH 44107
MLS# 5247584Listed by: RE/MAX ABOVE & BEYOND - New
$499,000Active7 beds 3 baths3,600 sq. ft.2066 Bunts Road, Lakewood, OH 44107
MLS# 5247586Listed by: REAL OF OHIO - New
$465,000Active6 beds 2 baths2,516 sq. ft.15611 Delaware Avenue, Lakewood, OH 44107
MLS# 5242175Listed by: RUSSELL REAL ESTATE SERVICES - New
$449,000Active5 beds 2 baths1,909 sq. ft.1515 Orchard Grove Avenue, Lakewood, OH 44107
MLS# 5246843Listed by: RE/MAX TRANSITIONS