2054 Magee Street, Lakewood, OH 44107
Local realty services provided by:CENTURY 21 DeAnna Realty
Upcoming open houses
- Sun, Oct 1101:00 pm - 02:30 pm
Listed by: jennifer l taylor
Office: russell real estate services
MLS#:5233983
Source:OH_NORMLS
Price summary
- Price:$329,900
- Price per sq. ft.:$170.93
About this home
Completely renovated Lakewood duplex with two rental-ready units, each offering approximately $1,500/month in projected rental income. This turnkey property is the perfect opportunity for an owner-occupant looking to live in one unit while generating rental income from the other, or for an investor seeking a low-maintenance addition to their portfolio. Nearly every major component has been updated in 2026, making this a truly move-in-ready investment.
The upper unit features a new furnace, hot water tank, windows, fresh paint, new carpet on the stairs, updated kitchen with new base cabinets, countertop, sink and faucet, plus an updated bathroom with a new sink, faucet and toilet. The lower unit offers a new furnace, hot water tank, windows, doors, kitchen cabinets, carpet throughout, drywall ceilings, ceiling fans, lighting, fresh paint, updated bathroom vanity and mirror, renovated mudroom with new drywall and flooring, and a new exterior door.
The exterior has also been extensively improved with new vinyl siding, new window sills and trim, all new gutters, and a new rear roof.
The basement has been waterproofed along the south wall for added peace of mind. Completing the property is a brand-new 20' x 24' detached garage featuring a new footer, concrete slab and apron, insulated 16x 7 overhead door, man door, roof, and matching siding and trim.
Conveniently located within walking distance to shopping, restaurants, parks, and everyday amenities, with quick access to I-90 for an easy commute. Whether you're looking to offset your mortgage with rental income or expand your investment portfolio with a
beautifully updated duplex, this property is one you won't want to miss! Previously bank owned. Prior year taxes refected upon assessments added and paid at closing. No known current assessments...
Contact an agent
Home facts
- Year built:1893
- Subdivision & Development:Pleasant Hill
- Listing ID #:5233983
- Added:64 day(s) ago
- Updated:October 09, 2026 at 02:26 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:9
- Basement:Yes
- Basement Description:Unfinished
- Living area:1,930 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1893
- Building area:1,930 sq. ft.
- Lot area:0.11 Acres
- Construction Materials:Vinyl Siding
- Levels:2 Stories, 2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$329,900
- Price per sq. ft.:$170.93
- Tax amount:$4,592 (2025)
Parking
- Parking description:Detached, Driveway, Garage, Paved
- Garage:Yes
- Garage spaces:2
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