12224 Clifton BLVD new Save Request In-Person Tour Request Virtual Tour
Lakewood,OH 44107
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,468 sqft
Price per Sqft $95
Subdivision Bosworth
MLS Listing ID 5130873
Bedrooms 10
Full Baths 2
Half Baths 2
Year Built 1945
Annual Tax Amount $5,914
Tax Year 2023
Lot Size 9,448 Sqft
Property Sub-Type Duplex
Property Description
Classic Lakewood two-family located on Clifton Boulevard, offering substantial long-term value and income potential in one of the area's most desirable, high-demand corridors. Built in 1945, this solid investment features two spacious units—each approximately 1,500 square feet—with original architectural details, flexible layouts, and bonus finished third-floor space in each side, ideal for an additional bedrooms, home offices, guest suites, or playrooms.
Both units offer large living areas, high ceilings, hardwood floors, and separate utilities. The building sits on an oversized lot with a deep backyard and off-street parking—features that are in demand and hard to find along Clifton.
Just minutes from Lakewood Park, the Solstice Steps, and the Cleveland Metroparks' Edgewater Park, the location offers exceptional lifestyle appeal. Residents enjoy walkability, bikeability, and easy access to public transit, downtown Cleveland, and the vibrant neighborhoods along Detroit and Clifton.
Nearby rentals of similar size and style are achieving $2,000–$2,800 per unit depending on condition and finish level. With targeted improvements, this property has strong potential to deliver competitive rents and long-term equity growth. Investors are encouraged to evaluate based on their own strategies and projections.
It's also a great opportunity for first-time homebuyers looking to offset their mortgage with rental income. Live in one unit while leasing the other, then convert it to a full investment property down the road when your needs change. The finished third-floor spaces add flexibility and make this an ideal setup for growing households or long-term portfolio planning.
Properties with this kind of location, scale, and potential rarely come to market. Schedule your showing at 12224 & 12226 Clifton Blvd and explore how this asset can work for you.
Location
State OH
County Cuyahoga
Interior
Heating Hot Water,Steam
Cooling None,Window Unit(s)
Laundry In Basement,In Unit
Exterior
Parking Features Asphalt,Driveway,Gravel
Roof Type Asphalt,Fiberglass
Building
Story 3
Sewer Public Sewer
Water Public
Schools
School District Lakewood Csd (Cuyahoga)- 1817
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional