14915 Lake Avenue Lakewood, OH 44107

Multi-Family (2-4 Units) MLS #: 5025954 Courtesy Of Keller Williams Citywide

$829,900

14 beds | 4 baths | 3 half baths | 9,540 sq ft
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Est. Property Tax: $11,118
Estimated monthly payments: $4,554/mo.* (recalculate)

Property InformationDescription

INVESTMENT OPPORTUNITY NEAR LAKEWOOD PARK! Own a piece of Lakewood's historic charm with this exquisite, updated 4-unit apartment building! Legend has it that this home was originally built for the three founding doctors of the Lakewood Hospital system. Nestled less than 0.25 miles from the scenic Lakewood Park, where the Solstice Steps beckon and the newly unveiled Foster Pool promises endless summer fun, this stately brick edifice boasts elegance and convenience.

Upon arrival, be captivated by the building's timeless architectural lines and inviting curb appeal. The roof, windows, and driveway are all in excellent condition. The covered porch makes front entrance into the building seamless for tenants. The spacious 7-car garage with 6 openers makes parking extremely convenient.

The three generously proportioned units span an impressive 2385 square feet and bask in natural light from leaded glass windows that create an airy and welcoming ambiance. The top three units each feature an enclosed porch facing north toward the lake, inviting you to soak in breathtaking views and gentle breezes.

The three units also contain decorative fireplaces and gleaming hardwood floors that blend classic charm with modern comfort. Ceiling fans & kitchen appliances are also included for convenience.

These three spacious units feature four bedrooms, offering ample space for comfortable living. A half bath between two of the bedrooms functions as a jack-and-jill bathroom, enhancing practicality and privacy.

There is potential to optimize rental income in select units!

The basement provides individual storage for all four units, ensuring ample space for residents' belongings. Two sets of washers and dryers (not coin-operated) are available for tenant use, with the top apartment unit set to eventually receive its own in-unit laundry facilities.

Seize the opportunity to invest in this coveted pocket of Lakewood, where every amenity and attraction is within reach.
MORTGAGE CALCULATOR

Features

  • Age: Over 50 Years Old
  • Amenities: Lawn
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Architecture Style: Other
  • Cooling System: Ceiling Fan(s)
  • Exterior Type: Brick and Wood, Wood Siding
  • Heating Fuel: Natural Gas
  • Heating System: Hot Water, Steam
  • Lot Size: 0.29 Acres
  • Roof Type: Tile
  • Rooms: Bedroom, Full Bath, Half Bath

MAP & DIRECTIONS

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14915 Lake Avenue, Lakewood, OH 44107
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School Information

14915 Lake Avenue, Lakewood, OH 44107

Elementary School
Grades PK-5 | Public School
LINCOLN ELEMENTARY SCHOOL
Lakewood, OH 44107
15615 Clifton Blvd
216.­529.4232
Distance: 0.3 mi
School Rating
A-
Student:Teacher Ratio
19:1
Total Students
273
Middle School
Grades 6-8 | Public School
HARDING MIDDLE SCHOOL
Lakewood, OH 44107
16601 Madison Ave
216.­529.4261
Distance: 1.2 mi
School Rating
A-
Student:Teacher Ratio
15:1
Total Students
517
Middle School
Grades 7-12 | Public School
LAKEWOOD HIGH SCHOOL
Lakewood, OH 44107
14100 Franklin Blvd
216.­529.4021
Distance: 1.0 mi
School Rating
B-
Student:Teacher Ratio
15:1
Total Students
1441
High School
Grades 7-12 | Public School
LAKEWOOD HIGH SCHOOL
Lakewood, OH 44107
14100 Franklin Blvd
216.­529.4021
Distance: 1.0 mi
School Rating
B-
Student:Teacher Ratio
15:1
Total Students
1441
Other Nearby Schools Distance Type Grades School Rating
Lakewood Catholic Academy 0.1 mi Private PK-8
Lakewood Child Care Center 0.6 mi Private PK-TKG
Grant Elementary School 0.7 mi Public KG-5 B
Taft Center For Innovation 0.7 mi Public PK
Emerson Elementary School 0.9 mi Public PK-5 B
St Edward High School 1.0 mi Private 9-12
Lakewood Lutheran School 1.1 mi Private KG-8
Horace Mann Elementary School 1.1 mi Public PK-5 B
Garfield Middle School 1.2 mi Public 6-8 B
Roosevelt Elementary School 1.4 mi Public KG-5 B
Hayes Elementary School 1.6 mi Public PK-5 B
Padre Pio Academy 1.6 mi Private KG-12
Harrison Elementary School 1.7 mi Public PK-5 B
Lake Erie International High School 1.8 mi Public 9-12 D
Hope Academy Northwest Campus 1.9 mi Public KG-8 B-
Riverside Prek-8 School 2.0 mi Public PK-8 C+
Orchard Park Academy 2.2 mi Public KG-8 C+
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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