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$319,900

For Sale

15 hours ago

1559 Hopkins Ave, Lakewood, OH

House

MLS® 5224574

5 Bed

2 Bath

2884 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2884 sqft
Garage 
Taxes $4,791
Days Active 0
Lot Size 0.1 Acres
Approx. Age 1903
Avg. Price Per Sqft $110
MLS® Number 5224574

Property Address: 1559 Hopkins Ave, Lakewood, OH, 44107-5038

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

Description

Magnificent Lakewood duplex! Attention investors & owner-occupants—this exceptional property offers the best of both worlds. Beautifully remodeled first-floor unit is vacant & ready for immediate occupancy or can be rented for top market value, while the occupied second-floor unit helps offset your mortgage w/immediate rental income. This is not your typical rental property—it has been lovingly maintained & meticulously updated over the years, with true pride of ownership evident throughout. Situated in one of Lakewood's most desirable neighborhoods, this solid investment features updated kitchens w/premium quartz & granite countertops, quality cabinetry, modern finishes. Both units offer bright, sun-filled open floor plans w/updated vinyl windows, modern/spacious living areas, & timeless appeal that attracts & retains quality tenants. First-floor unit features 2 bedrooms, while the second-floor unit offers 2 bedrooms plus a finished third-floor bedroom, studio, flex space. Upstairs unit is currently leased month-to-month at $1, 700 per month to a quality tenant who would like to remain. Major mechanical updates provide peace of mind, including updated basement improvements (2009), furnaces approximately 4-6 years old, hot water tanks (2014 & 2015), updated electrical service (2008), and a new PVC sewer line from the house to the street (2020). Separate gas and electric meters keep operating costs efficient, plus the washer and dryer are included. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this turnkey property is a rare opportunity in sought-after Lakewood. The vacant first-floor unit is available for showings. The occupied second-floor unit may be viewed upon acceptance of an offer.
MLS® Number5224574
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1903
BasementFull, Unfinished
DrivewayDriveway, Gravel
Garage Spaces
HeatForced Air, Gas
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 7, 2026List Date
$319,900List Price

Home Appraisal

This property is estimated to sell between: $319,000 and $333,000.
Similar properties in this area sold on average for: $328,011
Expected to sell in 42 days. Similar properties sold in 42 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
1559 Hopkins Ave, Lakewood, OH

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