8701 Lake Avenue, Cleveland, OH 44102
Local realty services provided by:CENTURY 21 HomeStar
Listed by: kal alnazer, kal alnazer
Office: 2000 professional realty
MLS#:5187243
Source:OH_NORMLS
Price summary
- Price:$199,000
About this home
Mixed-use 3 units, Investor Special. Gross rent $2150.00/mo. Cleveland Lakewood line. Solid income stream in place at $25,800 annual gross income. Located on Cleveland side of Lakewood boarder. Residential rents re well under market with room to grow to $1200.00. Managers unit is a store that is currently rented and operating. Minutes to Edgewater, I90, and west side retail.
Upside Alert: current rents trail Lakewood Market by 30%. Ideal for buyer looking to force appreciation. Priced aggressively at
$229,000
Contact an agent
Home facts
- Year built:1900
- Listing ID #:5187243
- Added:123 day(s) ago
- Updated:June 20, 2026 at 02:11 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
- Basement:Yes
Heating and cooling
- Heating:Gas
Structure and exterior
- Roof:Flat
- Year built:1900
- Lot area:0.1 Acres
- Construction Materials:Vinyl Siding
- Levels:2 Stories, 2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$199,000
- Tax amount:$4,914 (2025)
Parking
- Garage:Yes
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