12015 Clifton Boulevard
Lakewood, OH 44107

Listed at $1,999,999

Details

  • MLS# 5156133
  • Commercial - Business
  • Status Active
  • 0 Bedrooms
  • Bathrooms
  • 0 Square Feet
  • 0.215 acres
  • Built in 1925
  • Lakewood City Local Schools
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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...read more 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 Clevelands most established and high-demand rental corridors, offering location, character, and potential for future growth.

Features

  • Other, Window Unit(s)
  • Hot Water, Radiator(s), Radiant, Steam
  • 4.0 Stories
  • $37,941 / year Taxes
  • Public
  • Built in 1925
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 03/14/2026. The listing information on this page last changed on 03/14/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 03/14/2026 2:14:02 AM EST) or MLS NOW (last updated Sat 03/14/2026 12:17:38 AM EST). Real estate listings held by brokerage firms other than Progressive Urban Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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All Property Features

  • Property Type: Commercial - Business
  • Basement: Storage Space, Walk-Out Access
  • Basement: Yes
  • Cooling: Other, Window Unit(s)
  • Days on Site: 157
  • Heating: Hot Water, Radiator(s), Radiant, Steam
  • Laundry: Coin-operated
  • Lot Size: 0.21 Acres
  • Parcel#: 312-29-031
  • Parking: Additional Parking, Off Street
  • Roof Type: Flat
  • Sewer: Public Sewer
  • Stories: 4.0
  • Taxes: $37,941 / year
  • Units: 18
  • Water: Public
  • Year Built: 1925