12627 Franklin Boulevard Lakewood, OH 44107

Multi-Family (2-4 Units) MLS #: 5029287 Courtesy Of Real Estate Quest, Inc.

$345,000

6 beds | 2 baths
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Est. Property Tax: $4,656
Estimated monthly payments: $1,896/mo.* (recalculate)

Property InformationDescription

Welcome to 12627 Franklin Blvd in Lakewood, OH! This spacious 6-bedroom, 2-bathroom property presents a fantastic investment opportunity. Partially occupied with a tenant providing $1,400 per month, with a lease ending on 2/26/2025, this property offers immediate cash flow.

The vacant unit is awaiting renovation but has the potential to generate $1,500 in monthly income once rehabbed, offering even greater returns for savvy investors.

Conveniently located near downtown Cleveland, shopping, and vibrant nightlife, this property appeals to both tenants and owners alike. Whether you're looking to expand your investment portfolio or seeking a place to call home with rental income potential, 12627 Franklin Blvd has plenty to offer. Don't miss out schedule a viewing today and seize this exciting opportunity!
MORTGAGE CALCULATOR

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Cooling System: None
  • Exterior Type: Aluminum Siding, Wood Siding
  • Heating System: Forced Air
  • Lot Size: 0.13 Acres
  • Roof Type: Asphalt
  • Rooms: Bedroom, Full Bath

MAP & DIRECTIONS

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12627 Franklin Boulevard, Lakewood, OH 44107
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School Information

12627 Franklin Boulevard, Lakewood, OH 44107

Elementary School
Grades PK-5 | Public School
HARRISON ELEMENTARY SCHOOL
Lakewood, OH 44107
2080 Quail St
216.­529.4230
Distance: 0.4 mi
School Rating
B
Student:Teacher Ratio
16:1
Total Students
261
Middle School
Grades 7-12 | Public School
LAKEWOOD HIGH SCHOOL
Lakewood, OH 44107
14100 Franklin Blvd
216.­529.4021
Distance: 0.7 mi
School Rating
B-
Student:Teacher Ratio
15:1
Total Students
1441
Middle School
Grades 6-8 | Public School
GARFIELD MIDDLE SCHOOL
Lakewood, OH 44107
13114 Detroit Ave
216.­529.4241
Distance: 0.4 mi
School Rating
B
Student:Teacher Ratio
16:1
Total Students
514
High School
Grades 7-12 | Public School
LAKEWOOD HIGH SCHOOL
Lakewood, OH 44107
14100 Franklin Blvd
216.­529.4021
Distance: 0.7 mi
School Rating
B-
Student:Teacher Ratio
15:1
Total Students
1441
Other Nearby Schools Distance Type Grades School Rating
Padre Pio Academy 0.2 mi Private KG-12
Lake Erie International High School 0.5 mi Public 9-12 D
St Edward High School 0.5 mi Private 9-12
Hope Academy Northwest Campus 0.6 mi Public KG-8 B-
Emerson Elementary School 0.8 mi Public PK-5 B
Eleanor Gerson School 0.9 mi Private 6-12
Taft Center For Innovation 1.0 mi Public PK
Roosevelt Elementary School 1.0 mi Public KG-5 B
Lakewood Child Care Center 1.1 mi Private PK-TKG
Louisa May Alcott Elementary School 1.1 mi Public KG-5 C+
Lakewood Lutheran School 1.1 mi Private KG-8
Grant Elementary School 1.3 mi Public KG-5 B
Marion C. Seltzer Prek-8 School 1.4 mi Public PK-8 C-
Riverside Prek-8 School 1.5 mi Public PK-8 C+
Lakewood Catholic Academy 1.5 mi Private PK-8
Constellation Schools: Madison Community Elementary School 1.5 mi Public KG-8 D
Wilbur Wright School 1.5 mi Public PK-8 D+
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Lakewood, OH 44107

Median Age: 35.8
Married: 30%
Number of Households: 25,386
Households with Children: 17.6%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
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