1497 Coutant AVE, Lakewood, OH 44107
1497 Coutant AVE, Lakewood, OH 44107
1497 Coutant AVE, Lakewood, OH 44107
18
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$600,000
Est. payment /mo
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8 Beds
4 Baths
4,000 SqFt
New

1497 Coutant AVE Lakewood, OH 44107

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John Kazemka

John Kazemka

+1(740) 338-9039

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $150

Subdivision Hiram M & C B Townsends Allot

MLS Listing ID 5227228

Bedrooms 8

Full Baths 4

HOA Y/N No

Abv Grd Liv Area 4,000

Year Built 1916

Annual Tax Amount $9,937

Tax Year 2025

Lot Size 0.267 Acres

Acres 0.2672

Property Sub-Type Quadruplex

Stories Two

Story Two

Property Description

Attention investors! Don't miss this outstanding investment opportunity in the highly desirable city of Lakewood. This fully occupied Quad features four 2 bedroom, 1 bathroom apartments and is currently generating $5,025 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. Includes a second building with a four car garage and an expansive unfinished space above, potential for another 2 or 3 bedroom unit! 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 11713 Nelson Ct, as these two parcels have been combined* Opportunities like this in Lakewood don't come around often, submit your offer today!

Location

State OH

County Cuyahoga

Rooms

Basement Full, Unfinished

Interior

Heating Forced Air

Cooling Central Air

Fireplace No

Exterior

Parking Features Garage

Garage Spaces 4.0

Garage Description 4.0

Water Access Desc Public

Roof Type Flat

Private Pool No

Building

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

School District Lakewood Csd (Cuyahoga)- 1817

Others

Tax ID 315-14-040

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Armani Adames • RE/MAX Above & Beyond • adamesarmani.aa@gmail.com, 216-370-8550

NEARBY SCHOOL & BUSINESS

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John Kazemka

John Kazemka

Agent | OH & WV | License ID: SAL.2012001712 / WV0029317

+1(740) 338-9039

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1497 Coutant AVE