Pending

1559 Hopkins Avenue

Lakewood, OH 44107
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Bed 5

Bed

Bath 2

Bath

SqFt2,884

Sqft

Acres0.10

Acre(Lot)

Magnificent Lakewood duplex! Attention investors & owner-occupants—this exceptional property offers the best of both worlds. Beautifully remodeled first-floor unit is vacant & ready for immediate occupancy or can be rented for top market value, while the occupied second-floor unit helps offset your mortgage w/immediate rental income. This is not your typical rental property—it has been lovingly maintained & meticulously updated over the years, with true pride of ownership evident throughout. Situated in one of Lakewood's most desirable neighborhoods, this solid investment features updated kitchens w/premium quartz & granite countertops, quality cabinetry, modern finishes. Both units offer bright, sun-filled open floor plans w/updated vinyl windows, modern/spacious living areas, & timeless appeal that attracts & retains quality tenants. First-floor unit features 2 bedrooms, while the second-floor unit offers 2 bedrooms plus a finished third-floor bedroom, studio, flex space. Upstairs unit is currently leased month-to-month at $1,700 per month to a quality tenant who would like to remain. Major mechanical updates provide peace of mind, including updated basement improvements (2009), furnaces approximately 4-6 years old, hot water tanks (2014 & 2015), updated electrical service (2008), and a new PVC sewer line from the house to the street (2020). Separate gas and electric meters keep operating costs efficient, plus the washer and dryer are included. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this turnkey property is a rare opportunity in sought-after Lakewood. The vacant first-floor unit is available for showings. The occupied second-floor unit may be viewed upon acceptance of an offer.

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Detail Ic Property Details

Property Type : Residential Income

Price : $319,900

AD Id : 87732375

MLS Id : 5224574

Beds : 5

Lot Size : 0.10 Acre

Living Area Size : 2,884

Year Built : 1903

County : Cuyahoga

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 9 Has Basement: Yes Basement: Full, Unfinished
  • Roofing Information

    Asphalt
  • Interior Features

    Roof: Asphalt Appliances: Dryer, Range, Refrigerator, Washer Laundry Features: In Basement
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Cooling: None

  • Building Information

    Year Built: 1903 Construction Materials: Aluminum Siding Stories: 3 Private Pool: No

  • Lot Information

    Main Square Feet: 0.1 Acres Lot Size Acres: 0.1 Lot Size Source: Public Records

    Property Information

    Subdivision: Henry Beach Source Property Type: Residential Income Property SubType: Duplex Levels: Three Or More Property Age: 123

  • Listing Price Information

    Listing Price: $319900

  • Tax Information

    Parcel Number: 315-14-104 Tax Year: 2025 Annual Tax: $4791

  • Parking Information

    Driveway, Gravel

  • Utility Information

    Sewer Not Available
  • Location Information

    Direction: off hopkins WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
11801 Franklin Boulevard, Lakewood, OH, 44107 $377,000 5 2 2,086 2,086 SqFt
1279 Idlewood Avenue, Lakewood, OH, 44107 $345,000 5 3 --
1479 Hopkins Avenue, Lakewood, OH, 44107 $374,000 5 2 2,450 2,450 SqFt
1323 Beach Avenue, Lakewood, OH, 44107 $635,000 8 4 4,235 4,235 SqFt
1415-1417 Lakewood Avenue, Lakewood, OH, 44107 $350,000 6 3 2,272 2,272 SqFt
2016 Halstead Avenue, Lakewood, OH, 44107 $389,000 4 2 --
1631 Waterbury Road, Lakewood, OH, 44107 $440,000 7 2 3,347 3,347 SqFt
14306 Athens Avenue, Lakewood, OH, 44107 $339,900 4 2 2,030 2,030 SqFt
14724 Clifton Boulevard, Lakewood, OH, 44107 $484,900 5 3 3,720 3,720 SqFt
14924 Arden Avenue, Lakewood, OH, 44107 $369,000 6 3 3,459 3,459 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.

ByOwner last updated this listing 07/14/2026 @ 09:41

MLS: 5224574 LISTED BY: Christopher Frederick, Coldwell Banker Schmidt Realty 440-327-2123 SOURCE: MLS Now

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