1304-06 Mathews Avenue, Lakewood, OH 44107

Property Description

Prepare to be Moved! Incredible Investment Opportunity in Lakewood’s West End. Located at 1304-06 Mathews Ave, this well-maintained up-and-down duplex offers a fantastic chance to add a prime rental property to your portfolio. With a total of 2,508 square feet above grade, each unit boasts 2 spacious bedrooms, 1 bath, a dining room, kitchen, and living room. The lower unit includes a bonus flex space perfect for an office or extra storage. Charming original features, including hardwood floors, crown molding, built-in shelves, and fireplaces, are complemented by modern updates. Both kitchens and bathrooms have been upgraded, and the dishwashers and stoves were replaced in 2022. The property is currently fully leased through May 2025, with the downstairs unit renting for $1,500/month and the upstairs unit at $1,100/month. The upstairs tenants are moving out at the end of their lease, offering a great opportunity to increase rent. Additional highlights include front porches for both units, a rear porch for the upper unit, a 2-car garage, attic storage, and an unfinished basement with 2 washer/dryer hookups. Located in a desirable area with many owner-occupants, this property offers strong rental demand—previous vacancies were filled in 24 hours. Don’t miss this rare opportunity in Lakewood, OH 44107—schedule a showing today!