Browse All Lakewood OH Between $900K - $1M Properties for Sale

Rare Lakewood Investment Opportunity! This exceptional multifamily offering features two fully occupied quadruplex buildings on a single parcel, providing investors with immediate cash flow in one of Northeast Ohio’s most sought-after rental markets. Currently operating at 100% occupancy, the property generates an impressive $8,655 per month in gross rental income. In addition to the eight residential units, the property includes a separate 4-car garage building with a substantial unfinished space above, presenting a compelling value-add opportunity. With the appropriate approvals, this expansive area offers the potential to create an additional 2-3 bedroom unit, allowing investors to further increase rental income and maximize returns. Located in highly desirable Lakewood, tenants enjoy convenient access to shopping, dining, entertainment, schools, parks, and downtown Cleveland. Opportunities to acquire a stabilized, income producing asset with built in upside potential in this market are increasingly rare. Whether you’re looking to expand your portfolio with a strong-performing asset or unlock additional value through adding a unit and increasing rents, this property offers the ideal combination of stable cash flow, prime location, and significant upside potential.

1497 Coutant Avenue, Lakewood

$1,250,000

5148955 MLS

Exceptional investment opportunity in the heart of Lakewood! This well maintained 13 unit brick multifamily building is fully occupied except for one unit, offering immediate income potential. The property features a desirable mix of one bedroom/one bath and two bedroom/one bath layouts, appealing to a wide range of tenants. Many units have had updates in recent years, and a new boiler was installed in 2019, providing peace of mind for investors and reducing future maintenance costs. Inside, units offer different layouts with built-ins, hardwood flooring, LVT, carpet or ceramic making them attractive and renter ready. With strong occupancy, consistent rental demand and significant recent improvements this property represents a turnkey investment in one of Greater Cleveland’s most sought-after rental markets. Parking is located in the rear, including carports and additional lot spaces, adding convenience and value for tenants. The property is ideally located within walking distance to Lakewood Park and all of the shops and restaurants in downtown Lakewood. Additionally the property is only minutes from downtown Cleveland and University Circle. Quick access to I-90 and the Lakefront Shoreway makes commuting easy, while public transportation is right at the doorstep. Multiple RTA bus stops are located along Clifton Boulevard (routes 55, 55B, 55C), offering quick, direct connectivity to downtown and surrounding areas.

14801 Clifton Boulevard, Lakewood

$1,150,000

6 Beds ⋅ 4 Baths ⋅ 5038700 MLS

Welcome to 1037 Wilbert, one of the most sought-after streets in Lakewood. The ULTIMATE in Lakewood Charm with views of Lake Erie from almost every room in this all-brick center hall colonial. Front and backyard have been meticulously landscaped to enjoy an evening of entertaining or sitting and admiring the views. Brand new driveway and oversized 2+ car garage. You will never miss a gorgeous sunrise or sunset. This home features 6 beds and 2 full and 2 half baths. From the moment you walk through the front door, you will be in awe of the character and details that have been restored and maintained. The first floor has 9 ft ceilings and hardwood floors throughout the large spacious living room with wood burning fireplace, sitting room, library/study, dining room, and kitchen. THE KITCHEN- is a chef's dream. Ceiling height Amish made cabinets with pull outs and slow close feature. Under cabinet lighting. Full granite backsplash and large granite island. Appliances are top of the line- all included. The second floor have four beds and two full baths. Primary Suite has two closets and a full bath. Third floor includes two additional bedrooms and a half bath- Georgia Pine floors throughout. To the lower level- space and store galore. Hardwood and tile on the finished side of the basement. A kitchen/party prep area, Tool and woodworking room, laundry room and bonus storage area are the additional rooms.

1037 Wilbert Road, Lakewood

$1,100,000

2 Beds ⋅ 2 Baths ⋅ 5021780 MLS

Welcome to 17420 Edgewater Drive! This lake front ranch property is located on a quiet street in a sought-after area that is about 10 minutes from downtown. This home has an abundance of potential with this amazing location. This home features first floor living, breathtaking views, private backyard, ample storage, 2 car attached garage, and walk-up attic access with tons of potential. Upon entering the home, the foyer leads you into the large living room that is perfect for sitting by the fireplace and enjoying a good book while admiring Lake Erie through the large windows. Don’t miss this opportunity to live on the waterfront and make this home your own. Being sold "as-is." Owner will not make any repairs.

17420 Edgewater Dr, Lakewood

$800,000

2 Beds ⋅ 3 Baths ⋅ 5023685 MLS

CLIFTON LAGOONS. A very rare & special property in a very special location. Double lot - one of the only built on land (not water) and your boat just outside your door! This artist’s home is filled with unexpected and delightful “quirks.” A study in casual Lake Erie living. Spectacular light. Amazing sunsets. The 1st floor is currently the artist's studio. Huge open spaces. Large enough for everything you want to so AND the baby grand piano. Hard surface flooring throughout the 1st floor. This entry level walks out to an expansive rear deck and leads to the 80'x18' boathouse. The boathouse boasts extreme ceiling heights offering an opportunity for expanding the living space. There is also a bedroom and full bath on the 1st floor. The 2nd floor features a great room with vaulted ceilings and an open floor plan. A true "cook's" upgraded kitchen is open to the living and dining areas and a cozy desk area that opens to the 2nd floor balcony/upper deck spanning the entire front of the home and overlooking the river. Down the hall is a powder room. (All baths and kitchen have been redone by the current owners.) Gorgeous hardwood floors are throughout the 2nd floor. A private master wing (with 2 walk-ins, laundry, and stunning tiled master bath complete this level. The master also walks out to the upper deck/balcony. A spiral staircase leads up to a finished 3rd floor office. Skylights provide exceptional light. Sliders lead to the sensational rear upper deck with outstanding views of the yacht club, river, and Lake Erie. Clifton Beach offers tennis courts, playground, and beachfront clubhouse. Clifton Beach is open to members only. There is a guard house at the entry to the beach area and ID is required. (The elegant Clifton Club sits atop the hill leading to the property.) Such a rare offering!

Lakewood

$865,000

3 Beds ⋅ 2 Baths ⋅ 5011473 MLS

This gorgeous lakefront property truly has it all. Walking into this 3 bedroom, 2 full bathroom home you'll immediately notice how you get all of the Lakewood charm with all of the modern updates. Stunning hardwood floors throughout that lead you into the living room where you have impeccable views of the lake. Stroll into the updated gourmet kitchen that is supplied with all stainless steel appliances, granite countertops, and recessed lighting. Charming custom built-ins located in the dining room is the perfect space to host annual dinner parties. The master bedroom offers plenty of sunlight that will give you breathtaking views every morning. The second bedroom is the perfect space for a children's room or office space. The full bathroom has just the perfect modern touch. Heated floors in the kitchen & bathroom, delightful on those chilly mornings. Downstairs there is a guest bedroom suite, including a minibar with fridge, offering its own full bath, equipped with a glass shower. Enjoy a Friday evening watching a movie in your own theatre room. Don't forget your own temperature-controlled wine room, so there is always a bottle ready when having friends over. Sip on your coffee while watching the sunrise from the quaint sunroom or gather outside and enjoy the comfort of your own private deck that leads down into a fenced-in yard. The lakefront property features an armor stone revetment and crib pier to eliminate toe scour along the base of the bluff due to waves and ice breakup across the full length of the property. The structures include 840 tons of 2-to 5-ton natural stone armoring, 250 tons of core stone, and steel pile anchors to keep the crib pier in place. The revetment and crib pier are engineered structures designed by KS Associates, Inc. and installed in 2022 by Shoreline Contractors, Inc. under valid permits and a Submerged Lands Lease issued by the U.S. Army Corps of Engineers and the Ohio Department of Natural Resources.

1033 Summit Avenue, Lakewood

$920,700

3 Beds ⋅ 3 Baths ⋅ 4431546 MLS

ONE LEFT!!! 13896 Lake Avenue represents all of the charm and character of its surroundings, featuring craftsman-inspired homes that offer maintenance-free, modern living nestled within a warm, residential neighborhood of Lakewood. Built energy efficient and situated so you have easy access to Lake Erie and Lakewood Park, this new home features luxury amenities and finishes from solid surface counters and vanity tops to premium fixtures and flooring. The home boasts a generous first floor owners suite complete with sizable walk-in closet and en suite full bathroom. The living spaces feature a gourmet island kitchen open to a spacious two story living room with outdoor access to a private patio. The development boasts a wonderful center courtyard with lush landscaping and walkways leading to the classic sidewalks of Lake Avenue. Enjoy new construction nestled within the classic charm of Lakewood! CAT 6 technology wiring, Gilmore Security wired. System is free with 3 yr service agreement. This home is MOVE IN READY with minor selections still available for you to make before closing! Welcome Home!

13896 Lake Avenue Unit A-1, Lakewood

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Between $900K - $1M Lakewood Real Estate

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