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1345 Phelps Avenue

Lakewood OH 44107

5
2
2
2457 sq. ft.
0.11 ac.
Duplex
Currently for sale - view listing

Overview

Incredible multi-family opportunity in the heart of sought-after Lakewood! The large property has nearly 2,500 sqft of living space! The up unit is vacant and rent ready, but would also make for a great house hacking opportunity! It features beautiful hardwood floors, private covered front porch, updated kitchen and 3 bedrooms, including large bedroom in finished attic with potential rent at $1,500/month! Down unit is currently tenant occupied and rents for $1,300/month, but with the potential of $1500/month! (The down unit will be vacant at transfer.) The property also has a full basement, covered down front porch and detached 2-car garage for easy off-street parking! Amazing location right off of Detroit Ave on west end of Lakewood! Walkable to award winning restaurants, night life, parks, shopping, great community amenities like parks and schools, close to highways and more! Don't wait on this one! Schedule a showing to see its potential for yourself!

Features

5 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
2457 sq. ft. floor area
0.11 ac. lot size
Duplex

Property history for 1345 Phelps Avenue

2020
Sold
$247,500
08 Feb 2020 by Mary Beth DeClerck, of Howard Hanna

Happy sellers in Lakewood

94%
94% of sellers in Lakewood reported that their sale price either exceeded or met their price expectations.

Lakewood stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Lakewood over the last 12 months.

Local market activity for 5 bedroom duplexes in Lakewood

In the last 12 months, 18 five-bedroom duplexes similar to 1345 Phelps Avenue, have been sold.

This represents a 40% increase in five-bedroom duplexes sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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