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2087 Chesterland AvenueLakewood, OH 44107

Multi Unit - Multiple MLS 5200840 New to the Market
4 beds 2 full baths 2,070 sqft
Active $309,900
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Listed By

Agency Name: Skymount Realty, LLC
Agency Contact: realestate@calebbarney.com, 330-421-7493

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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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.

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.cutlercigroup.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: Ceiling Fan(s), Other
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

Amenities

Balcony

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

Estimate Your Payment

Estimated Payment

$ 2,086.24 per month $1,575.18 Principal & Interest $420.67 Property Tax $90.39 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage

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