About This Home

This 4-bedroom, 4-bathroom multi-family at 11713 Nelson Court in Lakewood, OH is listed for $400,000 ($103 per sqft). Built in 1916, the home offers 3,888 sqft of living space on a 0.25 acres lot.

Key Features

  • Built in 1916
  • 0.25 acre lot
  • 2 stories

Property Details

2 stories
4 full
4-car garage
1916
Listing Description

Attention investors! Don't miss this outstanding investment opportunity in the highly desirable city of Lakewood. This fully occupied Quad features four 1 bedroom, 1 bathroom apartments and is currently generating $3,630 per month in rental income, providing immediate cash flow from day one.

Whether you're looking to expand your rental portfolio or purchase a stable, income producing asset in one of Northeast Ohio's strongest rental markets, this property checks all the boxes. With all units occupied, you'll benefit from consistent rental income while enjoying the long-term appreciation potential that Lakewood continues to offer.

Conveniently located near shopping, restaurants, parks, and major highways, this turnkey quadruplex is an excellent addition to any investor's portfolio. *Must be sold with 1497 Coutant Ave, as these two parcels have been combined* Opportunities like this in Lakewood don't come around often, submit your offer today!

Monthly Cost Estimate

$2,139/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,733
Insurance$117

Estimates only. Actual payments may vary.

Location

11713 Nelson Court

Lakewood, OH 44107

Property Details

Construction

Brick

Parking

Parking LotGarage

Heating

Forced Air

Questions & Answers

This 4-bedroom, 4-bathroom multi-family at 11713 Nelson Court is listed at $400,000 ($103/sqft). The estimated monthly payment is $2,140 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1916, 0.25 acre lot, 2 stories.

This property is listed by Armani Adames.

AA

Armani Adames

License 2020004334

Agent at RE/MAX Trinity LLC

Listed by RE/MAX Trinity LLC · Broker phone: (440) 546-1313 · View on Broker Site · Broker website

MLS# 5227231· Source: MLS Now· 104 days on PropertySimple

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

11713 Nelson Court, Lakewood, OH 44107

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