$2,200,000/mo

12015 Clifton Boulevard, Lakewood, OH 44107

  • Property Icon Rental
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon9,361sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

A rare opportunity to own an 18-unit apartment building at 12015 Clifton Boulevard, one of Lakewood’s most desirable and convenient locations. Just minutes from Edgewater Park, Downtown Cleveland, and Lake Erie, residents enjoy walkable access to public transit, local shops, and popular dining destinations. The property is currently producing income and features modest upgrades while maintaining its original Lakewood character. Many units include refinished hardwood floors, fresh paint, and kitchen and bath improvements with newer appliances in several suites. The building also offers on-site coin laundry for additional income, a new boiler system, and many plumbing and electrical upgrades throughout. While the building is in average overall condition, it provides flexibility for a range of investment strategies — whether kept as a steady turnkey property or renovated into a luxury or boutique apartment community. The rear lot also provides room to add 5+ parking spaces, a valuable feature in this part of Lakewood. A strong investment opportunity in one of Greater Cleveland’s most established and high-demand rental corridors, offering location, character, and potential for future growth.

Listing Status:
Active
Listing Office:
Keller Williams Citywide : 440-892-2211
Listing Agent:
Hannah Pannetti : 216-403-2447
MLS ID:
5156133
  • Laundry: Coin-operated
  • Basement: Storage SpaceWalk-Out Access
  • A/C: OtherWindow Unit(s)
  • Heating: Hot WaterRadiator(s)RadiantSteam
  • Parking: Additional ParkingOff Street
  • Roofing: Flat
  • General: 4
  • Originating MLS: NOWDD_NORM
  • School District: Lakewood CSD (Cuyahoga)- 1817
  • County: Cuyahoga
  • Zoning: 21 S/L 56 EP EST .17A 0055 WP312-29-031
  • Current Use: CommercialMulti-Family
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of Hannah Pannetti, Keller Williams Citywide

Location

Schools Nearby

E

Emerson Elementary School

13439 Clifton Blvd, Lakewood, OH, 44107

Grades PK-5

0.60 miles away

G

Garfield Middle School

13114 Detroit Ave, Lakewood, OH, 44107

Grades 6-8

0.39 miles away

L

Lakewood High School

14100 Franklin Blvd, Lakewood, OH, 44107

Grades 7-12

1.05 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.