1604 Newman Avenue, Lakewood, OH 44107
Local realty services provided by:CENTURY 21 Full Service Realty
1604 Newman Avenue,Lakewood, OH 44107
$240,000
- 6 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: sylvia incorvaia
Office: exp realty, llc.
MLS#:5203363
Source:OH_NORMLS
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Price summary
- Price:$240,000
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 rented for $1,400 per month, producing $33,600 in annual gross income. With strong rental demand and a sought-after location, this property offers investors immediate cash flow with additional upside through future improvements. The left unit has already been updated with new windows, a full kitchen remodel, a full bathroom remodel, all new flooring, fresh paint, and new drywall on the first floor. A solid addition to any investment portfolio, this property combines current income with value-add potential in one of Lakewood’s most popular rental areas....
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Home facts
- Year built:1898
- Listing ID #:5203363
- Added:94 day(s) ago
- Updated:July 25, 2026 at 08:41 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
- Basement:Yes
- Basement Description:Crawl Space
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1898
- Construction Materials:Vinyl Siding
- Levels:2 Stories, 2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$240,000
- Tax amount:$7,161 (2025)
Parking
- Parking description:Driveway
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