2054 Magee Street, Lakewood, Ohio image 1
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2054 Magee Street

Lakewood, OH 44107
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$349,900 $1,475/Mo
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Bed 4

Bed

Bath 2

Bath

SqFt1,930

Sqft

Acres0.11

Acre(Lot)

Completely renovated Lakewood duplex with two rental-ready units, each offering approximately $1,500/month in projected rental income. This turnkey property is the perfect opportunity for an owner-occupant looking to live in one unit while generating rental income from the other, or for an investor seeking a low-maintenance addition to their portfolio. Nearly every major component has been updated in 2026, making this a truly move-in-ready investment. The upper unit features a new furnace, hot water tank, windows, fresh paint, new carpet on the stairs, updated kitchen with new base cabinets, countertop, sink and faucet, plus an updated bathroom with a new sink, faucet and toilet. The lower unit offers a new furnace, hot water tank, windows, doors, kitchen cabinets, carpet throughout, dryw all ceilings, ceiling fans, lighting, fresh paint, updated bathroom vanity and mirror, renovated mudroom with new drywall and flooring, and a new exterior door. The exterior has also been extensively improved with new vinyl siding, new window sills and trim, all new gutters, and a new rear roof. The basement has been waterproofed along the south wall for added peace of mind. Completing the property is a brand-new 20' x 24' detached garage featuring a new footer, concrete slab and apron, insulated 16x 7 overhead door, man door, roof, and matching siding and trim. Conveniently located within walking distance to shopping, restaurants, parks, and everyday amenities, with quick access to I-90 for an easy commute. Whether you're looking to offset your mortgage with rental income or expand your investment portfolio with a beautifully updated duplex, this property is one you won't want to miss!

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Detail Ic Property Details

Property Type : Residential Income

Price : $349,900

AD Id : 89199434

MLS Id : 5233983

Beds : 4

Lot Size : 0.11 Acre

Living Area Size : 1,930 Sq. Ft

Tax Amount : $4,592

Year Built : 1893

Garage : 2

County : Cuyahoga

Subdivision: Sunnyside Place

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 9 Has Basement: Yes Basement: Unfinished

  • Roofing Information

    Asphalt, Fiberglass

  • Interior Features

    Eat-in Kitchen Roof: Asphalt, Fiberglass Laundry Features: Lower Level

  • Heating & Cooling

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

  • Building Information

    Year Built: 1893 Construction Materials: Vinyl Siding Stories: 2 Pool Features: None Private Pool: No

  • Lot Information

    Main Square Feet: 0.1102 Acres Lot Size Acres: 0.1102 Lot Size Source: Public Records

    Property Information

    Subdivision: Pleasant Hill Source Property Type: Residential Income Property SubType: Duplex Levels: Two Property Age: 133

  • Listing Price Information

    Listing Price: $349900 Original Price: $399900 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 315-23-049 Tax Year: 2025 Annual Tax: $4592 Tax Legal Desc: 20 PLEASH 0034 ALL

  • Parking Information

    Driveway, Detached, Garage, Paved

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: EAST OF 117TH OFF MADISON. MAGEE IS ON THE SOUTH SIDE OF THE STREET. HOME IS LOCATED ON THE WEST SIDE OF THE STREET WaterSource: Public
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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 09/29/2026 @ 20:48

MLS: 5233983 LISTED BY: Jennifer Taylor, Russell Real Estate Services 440-327-6511 SOURCE: MLS Now

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