1576 Wyandotte AVE Lakewood, OH 44107
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,548 sqft
Price per Sqft $151
Subdivision Brewer French & Kees Allotment
MLS Listing ID 5157315
Bedrooms 4
Full Baths 3
HOA Y/N No
Abv Grd Liv Area 2,548
Year Built 1903
Annual Tax Amount $7,043
Tax Year 2024
Lot Size 4,726 Sqft
Acres 0.1085
Property Sub-Type Triplex
Stories Three Or More
Story Three Or More
Property Description
Welcome to 1576 Wyandotte Ave, Lakewood, OH 44107 — a charming and well-maintained triplex nestled on a quiet street in one of Lakewood's most desirable neighborhoods. This versatile property is currently being utilized as both a short-term and long-term rental, offering a unique opportunity for investors or potential owner-occupants. The first and second floors are actively used as Airbnb rentals, while the third floor is leased to a long-term tenant paying $1,050 per month, with the tenant responsible for all utilities except water and sewer. In 2024, the net operating income was $41,280.84. Furniture can be sold separately.
The spacious first-floor unit boasts nearly 1,100 square feet of living space, featuring two comfortable bedrooms and one full bathroom. This level blends modern updates with classic Lakewood character, creating a warm and inviting space that guests love. The second-floor unit, also full of charm, has proven to be a stable and reliable rental, and includes a recently installed furnace (early 2025) and central air conditioning added in June 2022. The cozy third-floor unit is approximately 400 square feet and features one bedroom and one full bath, making it an ideal option for short-term rental income.
Each unit reflects a tasteful mix of updated amenities and the timeless appeal that defines Lakewood living. Outside, a small side yard offers a peaceful spot to relax, and a two-car detached garage adds convenience and additional value. The location is superb — just minutes from I-90, with easy access to local restaurants, grocery stores, parks, and only a short drive to beautiful Lake Erie.
Whether you're looking for a smart investment or a home with built-in income potential, 1576 Wyandotte Ave is a rare find in a thriving rental market. Lakewood Living, Investor Winning – Triplex with Built-In Income!
Please note - the listing agent has ownership in the property.
Location
State OH
County Cuyahoga
Rooms
Basement Common Basement
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Appliance Dryer, Dishwasher, Microwave, Range, Refrigerator
Laundry In Basement
Exterior
Parking Features Driveway, Detached, Garage, Paved
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Slate
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Schools
School District Lakewood Csd (Cuyahoga)- 1817
Others
Tax ID 315-02-066
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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