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About This Home

This 0-bedroom, 0-bathroom multi-family at 12015 Clifton Boulevard in Lakewood, OH is listed for $1,999,999. Built in 1925, on a 0.21 acres lot.

Agent 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.

Key Features

  • Built in 1925
  • 0.21 acre lot
  • 4 stories

Property Details

4 stories
1925

Amenities

A/C

Monthly Cost Estimate

$10,696/mo

20% down · 6.5% · 30 years

Principal$1,446
Interest$8,667
Insurance$583

Estimates only. Actual payments may vary.

Location

12015 Clifton Boulevard

Lakewood, OH 44107

Henry Beach Sub

Property Details

Parking

Off Street

Heating

Other (Heating)RadiantSteamHot Water(Heating)

Cooling

Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 12015 Clifton Boulevard is listed at $1,999,999. The estimated monthly payment is $8,667 based on 20% down at 6.5% interest.

Key features include: Built in 1925, 0.21 acre lot, 4 stories.

This property is listed by Hannah Pannetti and can be reached at 2164032447 or hpannetti@kw.com.

HP

Hannah Pannetti

Agent at Keller Williams Citywide

(216) 403-2447

Listed by Keller Williams Citywide

MLS# 5156133· Source: listhub· Updated 185 days ago

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12015 Clifton Boulevard, Lakewood, OH 44107

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