Property Description
2087 Chesterland Avenue presents a strong investment opportunity in one of Lakewood's most desirable and consistently in-demand neighborhoods. This well-maintained, fully occupied up/down duplex features two units, each offering 2 bedrooms and 1 full bathroom, with over 2,070 square feet of above-grade finished living space.
Both units are in great condition and have been well cared for, offering a clean, functional layout that appeals to today's renters. The property is currently occupied by month-to-month tenants who are current on rent and maintain the property well, providing immediate income with flexibility for future rent adjustments or owner-occupancy.
Key mechanical updates include newer hot water tanks (2023 & 2025), windows approximately 5 years old, and a roof estimated at 1015 years old, giving buyers added confidence in the overall condition. The shared basement is dry and offers ample storage space, while the walk-up attic (accessible from the upper unit) provides additional storage or potential for future value-add opportunities.
Located in close proximity to shopping, dining, parks, and quick access to downtown Cleveland, this property benefits from strong rental demand and long-term appreciation potential.
Whether you're looking to expand your portfolio or secure a reliable, income-producing asset in a prime Lakewood location, this duplex offers stability, condition, and upside potential.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: Ceiling Fan(s), Other
Days on Market: 4
Garage: 2
Heating: Forced Air, Gas
Lot Size: 0.11 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $5,048 / year
Year Built: 1921
Feature Descriptions
Community Features: Playground, Park, Pool, Tennis Court(s)
Exterior: Wood Siding
Laundry: In Basement
Parcel#: 315-18-095
Parking: Detached, Garage, On Street
Patio/Porch: Balcony
Pool: Community
Sewer: Public Sewer
Swimming Pool: Yes
Water: Public
Local Schools
School District: Lakewood City
2087 Chesterland Avenue | MLS# 5200840
This multi-family property located at 2087 Chesterland Avenue, Lakewood, OH 44107 is currently listed for sale with an asking price of $309,900. Chesterland Avenue is located within the Lakewood City school district. Search Lakewood real estate on www.kaszycarealestate.com today.