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$425,000
9 Days On Site

1631 Waterbury Road
Lakewood, OH 44107

For Sale|Duplex|Active
7
Beds
2
Total Baths
2
Full Baths
3,347
SqFt
$127
/SqFt
1919
Built
Subdivision:
Waterbury Heights
County:
Cuyahoga
Call Now: 440-617-2500
Is this the listing for you? We can help make it yours.
440-617-2500
1631 Waterbury Road1631 Waterbury Road1631 Waterbury Road1631 Waterbury Road
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Rare opportunity to acquire a fully renovated Lakewood duplex offering more than 3,300 square feet of living space, substantial rental potential, and the added flexibility of being delivered vacant at closing. Renovated in 2022, the property features updated finishes throughout, including granite countertops, stainless steel appliances, modern tile showers, updated flooring, and numerous interior improvements. The first-floor unit offers 3 bedrooms, while the expansive upper unit spans the second and third floors and provides 4 to 5 bedrooms. Projected market rents are approximately $1,600 to $1,800 per month for the first-floor unit and $1,800 to $2,200 per month for the upper unit, creating strong income potential for an investor or an excellent opportunity for an owner-occupant looking to offset their monthly housing costs. Additional improvements include updated HVAC systems installed in 2018 and 2019, along with a new roof in 2025. The property is also Point of Sale compliant, allowing the next owner to focus on leasing and operations rather than immediate municipal requirements or major deferred maintenance. Located in one of Northeast Ohio’s most desirable rental markets, the property offers convenient access to Lakewood’s restaurants, shopping, parks, nightlife, and Downtown Cleveland. Large, renovated duplexes in this location are increasingly difficult to find. Ideal for investors seeking strong rental demand or owner-occupants looking for space, flexibility, and income potential. No seller financing. No wholesale contracts or assignments. End buyers only.

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Listing Snapshot
Price 
$425,000
Days On Site 
9 Days
Bedrooms 
7
Inside Area (SqFt) 
3,347 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.155 Acres
Year Built 
1919
MLS® Number 
5230414
Status 
Active
Property Tax 
$5,927
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing first seen on site
a week agoListing updated with changes from the MLS®
General Features
Acres 
0.155
Direction Faces 
West
Disclosures 
Principal Is Real Estate Licensed
Garage 
Yes
Garage Spaces 
2
Levels 
Three Or More
Number Of Stories 
3
Parking 
DetachedGarage
Property Sub Type 
Duplex
Sewer 
Public Sewer
SqFt Above 
3347
Water Source 
Public
Interior Features
Basement 
FullUnfinished
Cooling 
Ceiling Fan(s)Central Air
Heating 
Forced Air
Interior 
Ceiling Fan(s)Crown MoldingGranite CountersNatural Woodwork
Laundry Features 
Common AreaLower Level
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Exterior Features
Construction Details 
Aluminum Siding
Exterior 
Balcony
Roof 
AsphaltFiberglass
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 Michael L Magno of Keller Williams Living



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2026 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
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