Attention investors! Don’t miss this outstanding investment opportunity in the highly desirable city of Lakewood. This fully occupied Quad features four 1 bedroom, 1 bathroom apartments and is currently generating $3,630 per month in rental income, providing immediate cash flow from day one. Whether you’re looking to expand your rental portfolio or purchase a stable, income producing asset in one of Northeast Ohio’s strongest rental markets, this property checks all the boxes. With all units occupied, you’ll benefit from consistent rental income while enjoying the long-term appreciation potential that Lakewood continues to offer. Conveniently located near shopping, restaurants, parks, and major highways, this turnkey quadruplex is an excellent addition to any investor’s portfolio. *Must be sold with 1497 Coutant Ave, as these two parcels have been combined* Opportunities like this in Lakewood don’t come around often, submit your offer today!
Active
$400,000
Multi-family
4 bds
4 ba
3,888 Sqft
0.25 Acre
5227231
Built in 1916
9937 (2025)
Disclaimer: The information contained in this listing has not been verified by RE/MAX Above & Beyond and should be verified by the buyer.