Company Logo
SIGN UP LOGIN
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo
1631 Waterbury Road, Lakewood, OH 44107 Photo

50 Total Photos [Click to View All]

1631 Waterbury Road Lakewood, OH 44107
$425,000
Active / MLS# 5230414 / Multi Unit - Multiple / Lakewood
7 Beds
2 Baths
3347 SqFt

Rare opportunity to acquire a fully renovated Lakewood duplex offering more than 3,300 square feet of living space, substantial rental potential, and the added flexibility of being delivered vacant at closing. Renovated in 2022, the property features updated finishes throughout, including granite countertops, stainless steel appliances, modern tile showers, updated flooring, and numerous interior improvements. The first-floor unit offers 3 bedrooms, while the expansive upper unit spans the second and third floors and provides 4 to 5 bedrooms. Projected market rents are approximately $1,600 to $1,800 per month for the first-floor unit and $1,800 to $2,200 per month for the upper unit, creating strong income potential for an investor or an excellent opportunity for an owner-occupant looking to offset their monthly housing costs. Additional improvements include updated HVAC systems installed in 2018 and 2019, along with a new roof in 2025. The property is also Point of Sale compliant, allowing the next owner to focus on leasing and operations rather than immediate municipal requirements or major deferred maintenance. Located in one of Northeast Ohio's most desirable rental markets, the property offers convenient access to Lakewood's restaurants, shopping, parks, nightlife, and Downtown Cleveland. Large, renovated duplexes in this location are increasingly difficult to find. Ideal for investors seeking strong rental demand or owner-occupants looking for space, flexibility, and income potential. No seller financing. No wholesale contracts or assignments. End buyers only.

Read More » Read Less »

Mortgage Calculator

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Estimated Payment

$ 1,562.32 per month $944.44 Principal & Interest $493.92 Property Tax $123.96 Homeowner's Insurance

Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Cooling: Central Air
Garage: 2
Heating: Forced Air
Lot Size: 0.15 Acres
Roof Type: Asphalt, Fiberglass
Stories: 3.0
Taxes: $5,927 / year
Year Built: 1919

Amenities

Ceiling Fan(s)
Crown Molding
Granite Counters
Natural Woodwork
Balcony

Feature Descriptions

Days on Site: 3
Exterior: Aluminum Siding
Laundry: Common Area, Lower Level
Parcel#: 315-06-156
Parking: Detached, Garage
Patio/Porch: Balcony
Sewer: Public Sewer
Water: Public

Schools

School District: Lakewood City

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Listed By / Shown By

Listed By

Agency Name: Keller Williams Living
Agency Contact: 330-990-3744, michael@themagnogroup.com

Login to My Homefinder

Get Pre-Approved!

Get Pre-Approved

Pixel