About This Home

This 5-bedroom, 3-bathroom multi-family at 1485 Orchard Grove Avenue in Lakewood, OH is listed for $429,900 ($154 per sqft). Built in 1917, the home offers 2,800 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 1917
  • 0.11 acre lot
  • 3 stories

Property Details

3 stories
3 full
2-car garage
1917

Amenities

A/C
Listing Description

Turnkey Lakewood duplex offering approximately 2,800 square feet, strong rental history, and extensive renovations completed in 2018-2019. The first-floor unit features 2 bedrooms and 1 full bath and is currently rented for $1,325/month. The upper unit offers 3 bedrooms and 2 full baths, including a finished third-floor primary suite, and is rented for $2,025/month.

Both tenants are long-term, take excellent care of the property, and both leases run through April 2027. Major updates include HVAC, electrical, windows, interior finishes, a newer garage, and a brand-new concrete driveway. Current gross rent is $3,350/month. A well-maintained, income-producing property with major capital improvements already completed and stable tenancy in place. End Buyers Only, No Wholesalers, No Assignments, No Creative Financing.

Monthly Cost Estimate

$2,299/mo

20% down · 6.5% · 30 years

Principal$311
Interest$1,863
Insurance$125

Estimates only. Actual payments may vary.

Location

1485 Orchard Grove Avenue

Lakewood, OH 44107

Orchard Grove

Property Details

Construction

VinylSiding

Parking

GarageOn Street

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 5-bedroom, 3-bathroom multi-family at 1485 Orchard Grove Avenue is listed at $429,900 ($154/sqft). The estimated monthly payment is $2,299 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1917, 0.11 acre lot, 3 stories.

This property is listed by Michael L Magno.

MM

Michael L Magno

License 2016003542

Agent at KW Living

Listed by KW Living · Broker phone: (440) 318-1620 · View on Broker Site

MLS# 5249131· Source: MLS Now· 28 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.

1485 Orchard Grove Avenue, Lakewood, OH 44107

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