1604 Newman Avenue, Lakewood, OH 44107

Lakewood
Local realty services provided by:Better Homes and Gardens Real Estate Central
1604 Newman Avenue,Lakewood, OH 44107
$275,000
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  • 6 Beds
  • 2 Baths
  • 2,240 sq. ft.
  • Multi-family
  • Active
Listed by: sylvia incorvaia
Office: exp realty, llc.
MLS#:5203363
Source:OH_NORMLS

Price summary

  • Price:$275,000
  • Price per sq. ft.:$122.77

About this home

Investment opportunity in the heart of Lakewood’s Birdtown neighborhood. This fully occupied duplex offers immediate income with both 3-bedroom, 1-bath units currently rented at $1,400 per month, generating $2,800 in monthly income and $33,600 annually. With strong rental demand in a prime Lakewood location, this property presents an excellent opportunity for investors seeking a cash-flowing asset with upside potential. The left unit has already seen several key improvements, including new windows, a complete kitchen remodel, a complete bathroom remodel, all new flooring, fresh paint, and new drywall installed on the first floor. Whether you are looking to add to your portfolio or secure a value-add property with long-term potential, this duplex is one worth a closer look. Here’s a slightly more investor-focused version too: Turnkey cash-flow opportunity in Lakewood’s desirable Birdtown neighborhood. This fully occupied duplex features two 3-bedroom, 1-bath units, each currently...

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Home facts

  • Year built:1898
  • Listing ID #:5203363
  • Added:2 day(s) ago
  • Updated:April 25, 2026 at 02:15 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2
  • Basement:Yes
  • Basement Description:Crawl Space
  • Living area:2,240 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Asphalt, Fiberglass
  • Year built:1898
  • Building area:2,240 sq. ft.
  • Lot area:0.16 Acres
  • Construction Materials:Vinyl Siding
  • Levels:2 Stories, 2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$275,000
  • Price per sq. ft.:$122.77
  • Tax amount:$7,161 (2025)

Parking

  • Parking description:Driveway
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