# 1559 Hopkins Avenue, Lakewood, OH 44107

> **TL;DR:** 5bd/2ba residential multi family, $319,900 ($111/sqft), built 1903, 2,884 sqft. Est. $1,711/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $319,900 |
| Price/sqft | $111 |
| Bedrooms | 5 |
| Bathrooms | 2 full |
| Square Feet | 2,884 |
| Year Built | 1903 |
| Lot Size | 4,356 sqft (0.10 acres) |
| Stories | 3 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,618 |
| Estimated Insurance | $93 |
| **Total** | **$1,711** |

## Property Highlights

- Built in 1903
- 0.10 acre lot
- 3 stories

## Description

### Agent Description
Magnificent Lakewood duplex! Attention investors & owner-occupants-this exceptional property offers the best of both worlds. Beautifully remodeled first-floor unit is vacant & ready for immediate occupancy or can be rented for top market value, while the occupied second-floor unit helps offset your mortgage w/immediate rental income. This is not your typical rental property-it has been lovingly maintained & meticulously updated over the years, with true pride of ownership evident throughout. Situated in one of Lakewood's most desirable neighborhoods, this solid investment features updated kitchens w/premium quartz & granite countertops, quality cabinetry, modern finishes. Both units offer bright, sun-filled open floor plans w/updated vinyl windows, modern/spacious living areas, & timeless appeal that attracts & retains quality tenants. First-floor unit features 2 bedrooms, while the second-floor unit offers 2 bedrooms plus a finished third-floor bedroom, studio, flex space. Upstairs unit is currently leased month-to-month at $1,700 per month to a quality tenant who would like to remain. Major mechanical updates provide peace of mind, including updated basement improvements (2009), furnaces approximately 4-6 years old, hot water tanks (2014 & 2015), updated electrical service (2008), and a new PVC sewer line from the house to the street (2020). Separate gas and electric meters keep operating costs efficient, plus the washer and dryer are included. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this turnkey property is a rare opportunity in sought-after Lakewood. The vacant first-floor unit is available for showings. The occupied second-floor unit may be viewed upon acceptance of an offer.

## Location

- **Address:** 1559 Hopkins Avenue, Lakewood, OH 44107
- **County:** Cuyahoga
- **Neighborhood:** Henry Beach
- **Coordinates:** 41.479542, -81.772801
- **Google Maps:** https://www.google.com/maps?q=41.479542,-81.772801

## Listing Agent

- **Name:** Christopher A Frederick
- **Brokerage:** Coldwell Banker Schmidt Realty
- **Phone:** 2162107653

## Primary Photo

![1559 Hopkins Avenue - Primary Photo](http://lh.rdcpix.com/f45a4726fabc504501a3dc5b645544b3l-f2294839669r.jpg)

*41 total photos available on [listing page](https://www.propertysimple.ai/listing/1559-hopkins-avenue-lakewood-oh-44107-5224574)*

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**MLS#:** 5224574 | **Updated:** 2026-08-02
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1559-hopkins-avenue-lakewood-oh-44107-5224574)

---

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