OH > Lakewood > Henry Grombacher
Lakewood, OH 44107,1542 Westwood AVE
Lakewood, OH 44107,1542 Westwood AVE
Lakewood, OH 44107,1542 Westwood AVE
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$432,500
Est. payment /mo
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5 Beds
3 Baths
2,040 SqFt
New

1542 Westwood AVE Lakewood, OH 44107

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Town & Country

Town & Country

+1(740) 454-0500

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Key Details

Property Type Single Family Home

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,040 sqft

Price per Sqft $212

Subdivision Henry Grombacher

MLS Listing ID 5115368

Bedrooms 5

Full Baths 3

Construction Status Updated/Remodeled

HOA Y/N No

Abv Grd Liv Area 2,040

Total Fin. Sqft 2040

Year Built 1916

Annual Tax Amount $5,308

Tax Year 2024

Lot Size 4,438 Sqft

Acres 0.1019

Property Sub-Type Duplex

Property Description

Investor or owner-occupant opportunity! This incredible, oversized duplex in the heart of Lakewood offers flexibility and strong returns, just steps from the city's best bars, restaurants, and entertainment. The first-floor unit is a well-maintained 2 bed, 1 bath currently rented at $1,385/month, with the ability to increase to $1,500–$1,600 at lease renewal on 7/31/25. The upper unit spans the second and third floors and lives like a single-family home with 3 bedrooms and 2 full baths—rented for $1,765/month through 6/30/25. Ideal for house hacking or maximizing rental income, this property features a brand-new roof (October 2024), a fully renovated upstairs unit including a new kitchen, two bathrooms, and third bedroom, plus updated appliances in both units and new basement laundry for tenants. Whether you're seeking a high-performing investment or a chance to live in one unit while renting the other, this Lakewood gem delivers on all fronts. *Note: Owner states that there are 5 bedrooms and 3 bathrooms and the county auditor website states that there are 4 bedrooms and 2 bathrooms.

Location

State OH

County Cuyahoga

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air

Cooling None

Fireplace No

Exterior

Parking Features Detached, Garage, Paved

Garage Spaces 2.0

Garage Description 2.0

Water Access Desc Public

Roof Type Asphalt,Fiberglass,Shingle

Garage true

Private Pool No

Building

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Construction Status Updated/Remodeled

Schools

School District Lakewood Csd (Cuyahoga)- 1817

Others

Tax ID 313-26-106

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Tal Tamir • Russell Real Estate Services • tal@premierclevelandinvesting.com 216-870-8687

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Town & Country

Real Estate Brokerage | License ID: 0000331236

+1(740) 454-0500

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1542 Westwood AVE