2087 Chesterland Avenue presents a strong investment opportunity in one of Lakewood's most desirable and consistently in-demand neighborhoods. This well-maintained, fully occupied up/down duplex features two units, each offering 2 bedrooms and 1 full bathroom, with over 2,070 square feet of above-grade finished living space. Both units are in great condition and have been well cared for, offering a clean, functional layout that appeals to today's renters. The property is currently occupied by month-to-month tenants who are current on rent and maintain the property well, providing immediate income with flexibility for future rent adjustments or owner-occupancy. Key mechanical updates include newer hot water tanks (2023 & 2025), windows approximately 5 years old, and a roof estimated at 1015 years old, giving buyers added confidence in the overall condition. The shared basement is dry and offers ample storage space, while the walk-up attic (accessible from the upper unit) provides additional storage or potential for future value-add opportunities. Located in close proximity to shopping, dining, parks, and quick access to downtown Cleveland, this property benefits from strong rental demand and long-term appreciation potential. Whether you're looking to expand your portfolio or secure a reliable, income-producing asset in a prime Lakewood location, this duplex offers stability, condition, and upside potential.
Listed By
Agency Name: Skymount Realty, LLC
Agency Contact: realestate@calebbarney.com, 330-421-7493
Shown By
Agency Title: M.C. Real Estate
Agency Phone: (330) 723-9911
Estimated Payment
$ 1,200.76 per month $689.70 Principal & Interest $420.67 Property Tax $90.39 Homeowner's Insurance
2087 Chesterland Avenue | MLS# 5200840
This multi-family property located at 2087 Chesterland Avenue , Lakewood, OH 44107 is currently listed for sale with an asking price of $309,900. Chesterland Avenue is located within the Lakewood City school district. Search Lakewood real estate on www.mcrealestateohio.com today.