1576 Wyandotte Ave, Lakewood, OH

Name: 1576 Wyandotte Ave, For Sale in Lakewood - eXp Commercial Brokerage
Brand: Keller Williams Citywide
SKU: 5157315
Price: 385000 CAD

Real Estate

For Sale

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430

Key Facts
Description
Map

Key Facts

Type Triplex

Levels Residential Income

Size 2548 sqft

Garage Yes

Taxes $7,044

Days Active 10

Lot Size

Approx. Age 1903

Avg. Price Per Sqft $151

MLS® Number 5157315

Property Address:

Average square foot calculated using Size range provided by listing agent.

Description

Prepare to be moved! Welcome to 1576 Wyandotte Ave, Lakewood, OH 44107 — a charming and well-maintained triplex nestled on a quiet street in one of Lakewood's most desirable neighborhoods. This versatile property is currently being utilized as both a short-term and long-term rental, offering a unique opportunity for investors or potential owner-occupants. The first and second floors are actively used as Airbnb rentals, while the third floor is leased to a long-term tenant paying $1, 050 per month, with the tenant responsible for all utilities except water and sewer. In 2024, the net operating income was $41, 280.84. Furniture can be sold separately. The spacious first-floor unit boasts nearly 1, 100 square feet of living space, featuring two comfortable bedrooms and one full bathroom. This level blends modern updates with classic Lakewood character, creating a warm and inviting space that guests love. The second-floor unit, also full of charm, has proven to be a stable and reliable rental, and includes a recently installed furnace (early 2025) and central air conditioning added in June 2022. The cozy third-floor unit is approximately 400 square feet and features one bedroom and one full bath, making it an ideal option for short-term rental income. Each unit reflects a tasteful mix of updated amenities and the timeless appeal that defines Lakewood living. Outside, a small side yard offers a peaceful spot to relax, and a two-car detached garage adds convenience and additional value. The location is superb — just minutes from I-90, with easy access to local restaurants, grocery stores, parks, and only a short drive to beautiful Lake Erie. Whether you’re looking for a smart investment or a home with built-in income potential, 1576 Wyandotte Ave is a rare find in a thriving rental market. Lakewood Living, Investor Winning – Triplex with Built-In Income! Please note - the listing agent has ownership in the property.Show Description

MLS® Number5157315

Laundry LevelIn Basement

Central VacNo

FireplaceNo

Acreage0.1085

Exterior

GarageYes

Approx. Age1903

BasementCommon Basement

DrivewayDriveway, Detached, Garage, Paved

Garage Spaces

HeatForced Air

A/CCentral Air

Heating Fuel

Extras

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