1497 Coutant Avenue, Lakewood, OH 44107
- $600,000
- 8
- BD
- 4
- BA
- 4,000
- SqFt
- List Price
- $600,000
- Status
- ACTIVE
- Stories
- 2
- MLS#
- 5227228
- Year Built
- 1916
- Bedrooms
- 8
- Bathrooms
- 4
- Living Area
- 4,000
- Region
- Lakewood
- Township
- Lakewood
- Subdivision / Building
- Hiram M & C B Townsends Allot
Property Description
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!
/u.realgeeks.media/amyhoes/logo-new-tag.png){kind=logo}
Additional Information
- Taxes
- $9,937
- Acres
- 0.27
- Sewer
- Public Sewer
- Roof
- Flat
- Water
- Public
- Garage Spaces
- 4
- Heating
- Forced Air
- Cooling
- Central Air
- School District
- Lakewood CSD (Cuyahoga)- 1817
Mortgage Calculator
Listing Courtesy of: Armani Adames, adamesarmani.aa@gmail.com With RE/MAX Above & Beyond
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now and updated as of . Real estate listings held by brokerage firms other than Real Estate Company are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 MLS Now. All Rights Reserved.