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1205 Warren Road, Lakewood, OH 44107

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For Sale
Sale Pending

$499,000

5 beds • 3 baths • 2,876 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $173.50
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Welcome to 1205 Warren Rd in the heart of Lakewood, a beautifully maintained and fully furnished triplex that blends timeless character with modern updates, making it a rare and exceptional investment opportunity. This property features two spacious 2-bedroom, 1-bath units and a charming 1-bedroom, 1-bath unit, all thoughtfully designed for comfortable, turnkey living. Each unit has been tastefully updated inside and out, offering cozy interiors highlighted by decorative fireplaces, stylish furnishings, and warm, welcoming color palettes. The property's ample curb appeal immediately stands out, with its well-kept exterior and charming architectural details. Inside, every space feels updated yet full of character, offering a mix of old Lakewood charm and modern convenience. Recent improvements include new central air installed in 2021, ensuring year-round comfort and efficiency. Whether you're an investor looking for a ready-to-go income property or a buyer seeking a home with rental potential, 1205 Warren Rd delivers flexibility and immediate value. In 2024, this property brought in approximately $95k through AirBNB, with 2025 projected to be even higher. With its prime Lakewood location near popular restaurants, shopping, and entertainment, this turnkey triplex is a truly outstanding opportunity to own a proven performer in one of Cleveland's most desirable neighborhoods. Furnishings are negotiable.
MLS# 5165258

Courtesy Of RE/MAX Crossroads

(440) 331-2870

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Lot Size
    0.1 Acres
  • Roof Type
    Asphalt
  • Rooms
    Laundry Room

Map and Directions

Directions to 1205 Warren Road, Lakewood, OH 44107

Home seller CENTURY 21 DeAnna Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 DeAnna Realty

(440) 731-8070
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.