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Allison Watkins
REALTOR
REALTOR®, ABR
(304) 638-0296

1497 Coutant Avenue
Lakewood, OH 44107

$1,000,000

35 Total Photos [Click to View All]

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Listing Details

  • $1,000,000
  • MLS# 5226008
  • Type Commercial - Business
  • Status Active
  • 0.267 acres
    Lot Size
  • 1916
    Year Built
  • Lakewood City
    Local Schools

Home Value Estimate

Description

Rare Lakewood Investment Opportunity! This exceptional multifamily offering features two fully occupied quadruplex buildings on a single parcel, providing investors with immediate cash flow in one of Northeast Ohio's most sought-after rental markets. Currently operating at 100% occupancy, the property generates an impressive $8,655 per month in gross rental income. In addition to the eight residential units, the property includes a separate 4-car garage building with a substantial unfinished space above, presenting a compelling value-add opportunity. With the appropriate approvals, this expansive area offers the potential to create an additional...read more

Features

  • Forced Air
  • $9,937 / year Taxes
  • Public
  • Built in 1916

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Listed By

Agency Name: RE/MAX Above & Beyond
Agency Contact: adamesarmani.aa@gmail.com, 216-370-8550

Shown By

Agent Name: Allison Watkins
Agent Phone: (304) 638-0296
Agency Title: Old Colony, REALTORS®
Agency Contact: Contact

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Allison Watkins
Allison Watkins Office: (304) 733-7195 Cell: (304) 638-0296 Fax: (304) 736-9977 Email Me
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/17/2026. The listing information on this page last changed on 07/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 07/17/2026 2:45:10 AM EST) or CBRMLS (last updated Fri 07/17/2026 12:44:44 AM EST) or Beckley MLS (last updated Fri 07/17/2026 2:35:10 AM EST) or Kanawha Valley MLS (last updated Thu 07/16/2026 11:32:16 PM EST) or HTGN MLS (last updated Thu 07/16/2026 11:39:39 PM EST) or Wheeling MLS (last updated Thu 07/16/2026 10:37:07 PM EST) or West Penn MLS (last updated Thu 07/16/2026 11:28:39 PM EST) or NCWV MLS (last updated Thu 07/16/2026 11:16:17 PM EST) or Mercer/Tazewell MLS (last updated Thu 07/16/2026 11:14:20 PM EST) or MLS NOW (last updated Fri 07/17/2026 12:17:35 AM EST) or Greenbrier Valley Board of Realtors (last updated Thu 07/16/2026 11:01:26 PM EST) or Ashland KY MLS (last updated Thu 07/16/2026 10:21:52 PM EST). Real estate listings held by brokerage firms other than Old Colony, REALTORS® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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