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$600,000
New Listing

1497 Coutant Avenue
Lakewood, OH 44107

For Sale|Quadruplex|Active
8
Beds
4
Total Baths
4
Full Baths
4,000
SqFt
$150
/SqFt
1916
Built
Subdivision:
Hiram M & C B Townsends Allot
County:
Cuyahoga
Call Now: 440-617-2500
Is this the listing for you? We can help make it yours.
440-617-2500
1497 Coutant Avenue1497 Coutant Avenue1497 Coutant Avenue1497 Coutant Avenue
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Attention investors! Don’t miss this outstanding investment opportunity in the highly desirable city of Lakewood. This fully occupied Quad features four 2 bedroom, 1 bathroom apartments and is currently generating $5,025 per month in rental income, providing immediate cash flow from day one. Whether you’re looking to expand your rental portfolio or purchase a stable, income producing asset in one of Northeast Ohio’s strongest rental markets, this property checks all the boxes. With all units occupied, you’ll benefit from consistent rental income while enjoying the long-term appreciation potential that Lakewood continues to offer. Includes a second building with a four car garage and an expansive unfinished space above, potential for another 2 or 3 bedroom unit! Conveniently located near shopping, restaurants, parks, and major highways, this turnkey quadruplex is an excellent addition to any investor’s portfolio. *Must be sold with 11713 Nelson Ct, as these two parcels have been combined* Opportunities like this in Lakewood don’t come around often, submit your offer today!

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Listing Snapshot
Price 
$600,000
Days On Site 
0 Days
Bedrooms 
8
Inside Area (SqFt) 
4,000 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.2672 Acres
Year Built 
1916
MLS® Number 
5227228
Status 
Active
Property Tax 
$9,937
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
11 hours agoListing first seen on site
15 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.2672
Garage 
Yes
Garage Spaces 
4
Levels 
Two
Parking 
Garage
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
4000
Water Source 
Public
Interior Features
Basement 
FullUnfinished
Cooling 
Central Air
Heating 
Forced Air
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Exterior Features
Construction Details 
Brick
Roof 
Flat
Community Features
Financing Terms Available 
CashConventional
School District 
Lakewood CSD (Cuyahoga)- 1817
Township 
Lakewood
Schools
School District
Lakewood CSD (Cuyahoga)- 1817
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Armani Adames of RE/MAX Above & Beyond



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Neighborhood & Commute
Source: Walkscore
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