Lakewood Real Estate | Lakewood Properties between $500,000 and $600,000 for Sale

Attention investors! Don’t miss this outstanding investment opportunity in the highly desirable city of Lakewood. This fully occupied Quad features four 2 bedroom, 1 bathroom apartments and is currently generating $5,025 per month in rental income, providing immediate cash flow from day one. Whether you’re looking to expand your rental portfolio or purchase a stable, income producing asset in one of Northeast Ohio’s strongest rental markets, this property checks all the boxes. With all units occupied, you’ll benefit from consistent rental income while enjoying the long-term appreciation potential that Lakewood continues to offer. Includes a second building with a four car garage and an expansive unfinished space above, potential for another 2 or 3 bedroom unit! Conveniently located near shopping, restaurants, parks, and major highways, this turnkey quadruplex is an excellent addition to any investor’s portfolio. *Must be sold with 11713 Nelson Ct, as these two parcels have been combined* Opportunities like this in Lakewood don’t come around often, submit your offer today!

1497 Coutant Avenue, Lakewood

$525,000

5 Beds ⋅ 5 Baths ⋅ 5221497 MLS

Lakewood! A tremendous opportunity awaits with this completely upgraded to the studs circa 2020 rehab. Newer electrical, plumbing, roof, flooring, fixtures, cabinets, countertops. Floorplan redesigned to offer additional full baths in each unit. Attic converted to add a lofted owner's retreat with wet bar, sitting area, bedroom, full bath with walk in shower, and walk in closet making the 2nd floor unit the ultimate showstopper. All finishes and fixtures, paint and decorating are on point in today's styles. First floor unit is a 2 BR 2 full bath the while second floor is a 3 BR 3 BA. The rental market in Lakewood is red hot and these units are sure to please any prospects, or with these finishes living in one unit and renting the other is an incredible option over a single family home. 2 car garage, full basement, convenient location with easy access to I 90 or shoreway makes for an easy commute. There are so many reasons to love this elevated double from location, to finishes, to those gourmet kitchens, the glamour baths, to the updated mechanicals- pick one or pick them all, but regardless, love is in the air on this one. Hurry and come see it!

2199 Lincoln Avenue, Lakewood

$550,000

3 Beds ⋅ 3 Baths ⋅ 5223630 MLS

Experience elevated living at Marlowe Townhomes, a beautifully designed new construction community in one of Lakewood's most desirable locations. These 1,736-square-foot residences blend contemporary architecture with everyday functionality, featuring attached two-car garages, full basements, professionally landscaped grounds, and private 2nd floor decks designed for relaxing or entertaining. The open-concept main living level is designed to bring the kitchen, dining, and living areas together for effortless entertaining and comfortable daily living. A full kitchen appliance package is included, while the basement provides abundant storage and future finishing potential. Upstairs, the primary bedroom is a true oasis, featuring a generous walk-in closet and a luxurious ensuite bathroom. The second and third bedrooms are also generously sized, offering versatility for family, guests, or even a home office, workout space or play area. Step out onto the second floor balcony and enjoy a breath of fresh air, providing a peaceful retreat right from your home. The second level also includes an additional full bath and laundry area adding to the home's practicality. Enjoy a connected lifestyle with walkable access to Lakewood's popular restaurants, cafés, breweries, shopping, parks, bike lanes, and neighborhood amenities, all while being just minutes from Downtown Cleveland, Cleveland Hopkins International Airport, the Red Line RTA, and the Metroparks. Marlowe Townhomes combine modern design, quality craftsmanship, and an exceptional location to create a truly unique place to call home.

2021 Marlowe Avenue, Lakewood

$525,000

2 Beds ⋅ 3 Baths ⋅ 5223627 MLS

Experience elevated living at Marlowe Townhomes, a beautifully designed new construction community in one of Lakewood's most desirable locations. These 1,736-square-foot residences blend contemporary architecture with everyday functionality, featuring attached two-car garages, full basements, professionally landscaped grounds, and private 2nd floor decks designed for relaxing or entertaining. The open-concept main living level is designed to bring the kitchen, dining, and living areas together for effortless entertaining and comfortable daily living. A full kitchen appliance package is included, while the basement provides abundant storage and future finishing potential. Upstairs, the primary bedroom serves as a true oasis, featuring a spacious walk-in closet and a luxurious ensuite bathroom for your comfort and privacy. The second bedroom is generously sized and includes a walk-out to a private balcony, perfect to enjoy fresh air or sipping morning coffee before beginning each day. An open loft or lounge area provides a versatile space that can be transformed into a reading nook, home office, workout area or play space. The second level also includes a full bath and a laundry area, enhancing the practicality of this beautifully designed home. Enjoy a connected lifestyle with walkable access to Lakewood's popular restaurants, cafés, breweries, shopping, parks, bike lanes, and neighborhood amenities, all while being just minutes from Downtown Cleveland, Cleveland Hopkins International Airport, the Red Line RTA, and the Metroparks. Marlowe Townhomes combine modern design, quality craftsmanship, and an exceptional location to create a truly unique place to call home.

2019 Marlowe Avenue, Lakewood

$525,000

2 Beds ⋅ 3 Baths ⋅ 5223629 MLS

Experience elevated living at Marlowe Townhomes, a beautifully designed new construction community in one of Lakewood's most desirable locations. These 1,736-square-foot residences blend contemporary architecture with everyday functionality, featuring attached two-car garages, full basements, professionally landscaped grounds, and private 2nd floor decks designed for relaxing or entertaining. The open-concept main living level is designed to bring the kitchen, dining, and living areas together for effortless entertaining and comfortable daily living. A full kitchen appliance package is included, while the basement provides abundant storage and future finishing potential. Upstairs, the primary bedroom serves as a true oasis, featuring a spacious walk-in closet and a luxurious ensuite bathroom for your comfort and privacy. The second bedroom is generously sized and includes a walk-out to a private balcony, perfect to enjoy fresh air or sipping morning coffee before beginning each day. An open loft or lounge area provides a versatile space that can be transformed into a reading nook, home office, workout area or play space. The second level also includes a full bath and a laundry area, enhancing the practicality of this beautifully designed home. Enjoy a connected lifestyle with walkable access to Lakewood's popular restaurants, cafés, breweries, shopping, parks, bike lanes, and neighborhood amenities, all while being just minutes from Downtown Cleveland, Cleveland Hopkins International Airport, the Red Line RTA, and the Metroparks. Marlowe Townhomes combine modern design, quality craftsmanship, and an exceptional location to create a truly unique place to call home.

2017 Marlowe Avenue, Lakewood

$550,000

3 Beds ⋅ 3 Baths ⋅ 5223625 MLS

Experience elevated living at Marlowe Townhomes, a beautifully designed new construction community in one of Lakewood's most desirable locations. These 1,736-square-foot residences blend contemporary architecture with everyday functionality, featuring attached two-car garages, full basements, professionally landscaped grounds, and private 2nd floor decks designed for relaxing or entertaining. The open-concept main living level is designed to bring the kitchen, dining, and living areas together for effortless entertaining and comfortable daily living. A full kitchen appliance package is included, while the basement provides abundant storage and future finishing potential. Upstairs, the primary bedroom is a true oasis, featuring a generous walk-in closet and a luxurious ensuite bathroom. The second and third bedrooms are also generously sized, offering versatility for family, guests, or even a home office, workout space or play area. Step out onto the second floor balcony and enjoy a breath of fresh air, providing a peaceful retreat right from your home. The second level also includes an additional full bath and laundry area adding to the home's practicality. Enjoy a connected lifestyle with walkable access to Lakewood's popular restaurants, cafés, breweries, shopping, parks, bike lanes, and neighborhood amenities, all while being just minutes from Downtown Cleveland, Cleveland Hopkins International Airport, the Red Line RTA, and the Metroparks. Marlowe Townhomes combine modern design, quality craftsmanship, and an exceptional location to create a truly unique place to call home.

2015 Marlowe Avenue, Lakewood

$575,000

2 Beds ⋅ 4 Baths ⋅ 5223665 MLS

Welcome to Marlowe Townhomes, an exceptional new construction community offering modern, low-maintenance living in the heart of Lakewood. These thoughtfully designed Madison Avenue townhomes feature timeless brick and Hardie Plank exteriors, attached two-car garages, full basements, professionally curated landscaping, and private rooftop terraces that provide the perfect extension of your living space. The open-concept main living area seamlessly connects the kitchen, dining, and living spaces, creating an ideal layout for both everyday living and entertaining. A full kitchen appliance package is included. The third floor features a spacious primary suite that serves as a private retreat, complete with a walk-in closet and a beautifully appointed en-suite bathroom. The second bedroom has access to the additional full bathroom while the landing can serve as a sitting area. The first floor is complete with a full bathroom and bonus room that can be used as an office or upgrade to a third bedroom. The full basement offers exceptional storage with endless possibilities for future finished living space. Enjoy the convenience of walkable Lakewood living with restaurants, cafés, breweries, shopping, parks, bike paths, and the Madison Avenue retail corridor just moments from your front door. Located only minutes from Downtown Cleveland, Cleveland Hopkins International Airport, the Red Line RTA, and the Metroparks, Marlowe Townhomes offer the perfect combination of thoughtful design, modern convenience, and an unbeatable location.

14507 Madison Avenue, Lakewood

$575,000

2 Beds ⋅ 4 Baths ⋅ 5223659 MLS

Welcome to Marlowe Townhomes, an exceptional new construction community offering modern, low-maintenance living in the heart of Lakewood. These thoughtfully designed Madison Avenue townhomes feature timeless brick and Hardie Plank exteriors, attached two-car garages, full basements, professionally curated landscaping, and private rooftop terraces that provide the perfect extension of your living space. The open-concept main living area seamlessly connects the kitchen, dining, and living spaces, creating an ideal layout for both everyday living and entertaining. A full kitchen appliance package is included. The third floor features a spacious primary suite that serves as a private retreat, complete with a walk-in closet and a beautifully appointed en-suite bathroom. The second bedroom has access to the additional full bathroom while the landing can serve as a sitting area. The first floor is complete with a full bathroom and bonus room that can be used as an office or upgrade to a third bedroom. The full basement offers exceptional storage with endless possibilities for future finished living space. Enjoy the convenience of walkable Lakewood living with restaurants, cafés, breweries, shopping, parks, bike paths, and the Madison Avenue retail corridor just moments from your front door. Located only minutes from Downtown Cleveland, Cleveland Hopkins International Airport, the Red Line RTA, and the Metroparks, Marlowe Townhomes offer the perfect combination of thoughtful design, modern convenience, and an unbeatable location.

14509 Madison Avenue, Lakewood

$600,000

4 Beds ⋅ 3 Baths ⋅ 5224036 MLS

Rare opportunity to own a completely renovated Penthouse unit in the highly sought after Carlyle building located along Lakewood's "Gold Coast." PH#34 is a 4-bedroom, 2.5-bath, two-story condo offering NE views of Downtown Cleveland, Lake Erie and the surrounding neighborhoods - your own private retreat in the sky! The galley style kitchen includes granite counters, breakfast bar, stainless steel appliances, and new light/faucet fixtures. The half bathroom on main floor includes vanity with granite counters. The Carlyle has front desk and security, hotel-like lobby, conference room, party/game room, personal laundromat, in building deli market, hair salon and indoor and outdoor pools. Year round views and access to Pier W and Summer Place restaurants within minutes! Come experience all the Carlyle has to offer! Schedule your showing today!

12900 Lake Avenue Unit PH34, Lakewood

$530,000

3 Beds ⋅ 3 Baths ⋅ 5207680 MLS

This 4,400-square-foot legacy residence on Elbur Lane offers a rare combination of early 20th-century character and 1950s structural modernization. Originally part of the Bailey orchard and relocated from Detroit Road in 1956, the home sits on a solid mid-century foundation, providing a unique structural advantage for the area. The interior showcases grand architectural details, including an exquisite oak-paneled study with original leaded glass windows, a dramatic two-story rear foyer with a stately banister, and five beautifully crafted fireplaces. The property maintains a legal two-family classification while functioning seamlessly as a cohesive single-family estate. Modern living is prioritized with a beautifully renovated kitchen featuring high-end appliances, complemented by a relocated second-floor laundry for added convenience. Recent mechanical updates include a new furnace, new hot water heater, and updated electrical. Currently configured as a 3-bedroom, 3-bathroom home, the layout offers exceptional expansion potential. The 900-square-foot finished third floor serves as a versatile blank slate, while the second-floor kitchen could easily be converted into a spacious fourth bedroom. Alternatively, the dual-kitchen configuration creates an ideal setup for multigenerational living, a private guest suite, or a high-end “house hack” investment opportunity. Complete with a renovated primary bath and original hardwood floors throughout, this residence is fully functional today while offering the opportunity for its next owner to bring their own design vision to the remaining original spaces. This is a rare opportunity to own a truly distinctive property on a quiet cul-de-sac in Lakewood. Don’t miss this once-in-a-lifetime home.

13540 Elbur Lane, Lakewood

$565,000

7 Beds ⋅ 3 Baths ⋅ 5203330 MLS

**Motivated Seller**Welcome to this remodeled three story, 7 bedroom, 3 bath Colonial in a prime neighborhood in Lakewood! The entire three floor interior has been completely transformed. The reconfigured kitchen takes your breath away with granite countertops, stainless appliances, & new cabinetry throughout. Perfect for entertaining & daily traffic in the heart of the home. Laminate flooring flows throughout the house cohesively from your first floor living & master suite continuing up to your third floor. All three, full bathrooms, located on each floor, makes it not only convenient, but are completely remodeled with classy finishings as well. The exterior has brand new siding, gutters & downspouts, garage roof, garage door openers, & the driveway has been leveled & sealed. There's plenty of parking with the three car garage & ample parking for guests to not have to park in the street. This beauty is perfectly located just minutes from restaurants, shopping, Lakewood & Edgewater parks, along with Rocky River, Ohio City, Tremont, & The Flats. St. Edward's, St. Ignatius, Lakewood High School, & Magnificat are all close for your students.Whether you have a large family or need multiple home offices, there is plenty of opportunity. Enjoy your morning coffee on your covered front porch watching neighbors walk their dogs & ride their bikes in this active neighborhood. Don't miss out on this fantastic opportunity to make this unique property your forever home.

12988 Clifton Boulevard, Lakewood

$527,900

5188647 MLS

GREAT INVESTMENT OR OWNER-OCCUPANT OPPORTUNITY! 3 Property Portfolio -3513 Dawning Ave., Cleveland (MLS#5188608), 3704 Dawning Ave., Cleveland (MLS#5188591), 15400 Hilliard Ave., Lakewood (MLS#5188624). 24 Hour advance notice required for all showings. Opportunity for Investor NOI increase potential. Information deemed reliable, but is not guaranteed. Upon Buyer's request, seller is willing to ensure that units are vacant prior to title transfer. NO FOR SALE SIGN IS POSTED. Please do not approach tenants.

15400 Hilliard Road, Lakewood

Lakewood Properties between $500,000 and $600,000 for Sale

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