Real Estate Investment Properties for Sale in Lakewood, OH

Looking for investment property in Lakewood, OH with high ROI ?

Explore a variety of short-term homes & houses in Lakewood, OH. Invest wisely with VRBO & Lakewood, OH Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Lakewood, OH

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1644 Onondaga Avenue Lakewood, OH Welcome to 1644 Onondaga Ave, a beautifully maintained single-family home in one of Lakewo...	4 beds \| 2 baths \| 1,939 sq.ft.	$349,900	Airbnb cash on cash: 5.3% Traditional cash on cash: 3.97% Airbnb Rental Income: $3569 Traditional Rental Income: $2348 Airbnb ROI: 5.3% Traditional ROI: 3.97%
2215 Wascana Avenue Lakewood, OH Beautifully remodeled home in Lakewood is ready for new occupancy! A brand new front porch...	3 beds \| 2 baths \| 1,152 sq.ft.	$285,000	Airbnb cash on cash: 3.81% Traditional cash on cash: 3.31% Airbnb Rental Income: $2437 Traditional Rental Income: $1708 Airbnb ROI: 3.81% Traditional ROI: 3.31%
1421 Gridley Street Lakewood, OH Welcome to 1421 Gridley Ave, a stunning colonial home that perfectly blends historic charm...	3 beds \| 2 baths \| 1,572 sq.ft.	$275,000	Airbnb cash on cash: 3.78% Traditional cash on cash: 4.46% Airbnb Rental Income: $2437 Traditional Rental Income: $2018 Airbnb ROI: 3.78% Traditional ROI: 4.46%
12520 Edgewater Drive #510 Lakewood, OH This One Bedroom has 793 Square Feet Located on the 5th Floor with a Lake View! Short Dist...	1 beds \| 1 baths \| 793 sq.ft.	$69,900	Airbnb cash on cash: -5.43% Traditional cash on cash: 2.52% Airbnb Rental Income: $1471 Traditional Rental Income: $1588 Airbnb ROI: -5.43% Traditional ROI: 2.52%
14316 GARFIELD AVENUE Lakewood, OH Welcome to this beautifully maintained 2 bedroom, 1.5 bathroom gem nestled in the heart of...	2 beds \| 2 baths \| 1,008 sq.ft.	$230,000	Airbnb cash on cash: 2.79% Traditional cash on cash: 3.11% Airbnb Rental Income: $1729 Traditional Rental Income: $1322 Airbnb ROI: 2.79% Traditional ROI: 3.11%
1570 Winchester Avenue Lakewood, OH Welcome home to this beautifully designed NEWLY BUILT colonial in Lakewood! Boasting conte...	3 beds \| 4 baths \| N/A	$590,000	Airbnb cash on cash: 1.96% Traditional cash on cash: 4.16% Airbnb Rental Income: $2437 Traditional Rental Income: $3053 Airbnb ROI: 1.96% Traditional ROI: 4.16%
2033 Halstead Avenue Lakewood, OH Attention Lakewood Investors! Check out this brick beauty in the Birdtown area. 2033 Halst...	4 beds \| 2 baths \| 2,494 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.94% Airbnb Rental Income: $null Traditional Rental Income: $2295 Airbnb ROI: N/A Traditional ROI: 5.94%
17312 Fries Avenue Lakewood, OH Discover this beautifully renovated West End Lakewood home, meticulously transformed in wi...	3 beds \| 3 baths \| 2,616 sq.ft.	$529,900	Airbnb cash on cash: 0.56% Traditional cash on cash: 2.48% Airbnb Rental Income: $2437 Traditional Rental Income: $2791 Airbnb ROI: 0.56% Traditional ROI: 2.48%
1615 Lewis Drive Lakewood, OH Prepare to be Moved! Welcome to your new home on 1615 Lewis Dr. As you step onto the charm...	4 beds \| 2 baths \| 1,648 sq.ft.	$350,000	Airbnb cash on cash: 5.63% Traditional cash on cash: 3.92% Airbnb Rental Income: $3569 Traditional Rental Income: $2224 Airbnb ROI: 5.63% Traditional ROI: 3.92%
1560 Lauderdale Avenue Lakewood, OH Classic west-end colonial in Lakewood close to all of the hot spots! This beautifully main...	3 beds \| 1 baths \| 1,597 sq.ft.	$365,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 1.74% Airbnb Rental Income: $2437 Traditional Rental Income: $1713 Airbnb ROI: 2.11% Traditional ROI: 1.74%
1476 Olivewood Avenue Lakewood, OH Welcome to 1476 Olivewood in the heart of Lakewood! This beautifully designed, move-in rea...	4 beds \| 2 baths \| 1,818 sq.ft.	$389,999	Airbnb cash on cash: 5.27% Traditional cash on cash: 3.91% Airbnb Rental Income: $3569 Traditional Rental Income: $2286 Airbnb ROI: 5.27% Traditional ROI: 3.91%
2046 Arthur Avenue Lakewood, OH Located on a prominent street in one of Cleveland's most desirable suburbs, this meticulou...	4 beds \| 4 baths \| 2,884 sq.ft.	$565,000	Airbnb cash on cash: 1.72% Traditional cash on cash: 3.11% Airbnb Rental Income: $3569 Traditional Rental Income: $3519 Airbnb ROI: 1.72% Traditional ROI: 3.11%
1347 Andrews Avenue Lakewood, OH This beautifully renovated 4-bedroom, 1-bathroom home nestled in the vibrant heart of down...	4 beds \| 1 baths \| 1,852 sq.ft.	$315,000	Airbnb cash on cash: 6.41% Traditional cash on cash: 2.94% Airbnb Rental Income: $3569 Traditional Rental Income: $1755 Airbnb ROI: 6.41% Traditional ROI: 2.94%
1530 Winchester Avenue Lakewood, OH Welcome to this charming 3 Bedroom 2 Bath 1 Car Garage located near downtown Lakewood! Thi...	3 beds \| 2 baths \| 1,206 sq.ft.	$175,000	Airbnb cash on cash: 7.78% Traditional cash on cash: 5.74% Airbnb Rental Income: $2437 Traditional Rental Income: $1503 Airbnb ROI: 7.78% Traditional ROI: 5.74%
11850 Edgewater Drive #201 Lakewood, OH Light up Lakewood at The Lake House Condominiums, located on the desirable Gold Coast. Con...	1 beds \| 1 baths \| 704 sq.ft.	$91,000	Airbnb cash on cash: 1.9% Traditional cash on cash: 1.47% Airbnb Rental Income: $1471 Traditional Rental Income: $999 Airbnb ROI: 1.9% Traditional ROI: 1.47%
2150 Bunts Road Lakewood, OH Lakewood Investors! Hereâs your opportunity to own a great duplex centrally located to e...	4 beds \| 2 baths \| N/A	$319,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.63% Airbnb Rental Income: $null Traditional Rental Income: $2220 Airbnb ROI: N/A Traditional ROI: 4.63%
2160 Overbrook Avenue Lakewood, OH Enjoy NEW Construction on the very West-End of Lakewood! Spectacular Four (4) Level Coloni...	4 beds \| 3 baths \| 3,730 sq.ft.	$624,500	Airbnb cash on cash: 2.07% Traditional cash on cash: 2% Airbnb Rental Income: $3569 Traditional Rental Income: $2744 Airbnb ROI: 2.07% Traditional ROI: 2%
2076 Dowd Avenue Lakewood, OH The home you've been waiting for!! Welcome to Lakewood and this beautifully updated multi ...	5 beds \| 3 baths \| 1,768 sq.ft.	$364,900	Airbnb cash on cash: N/A Traditional cash on cash: 2% Airbnb Rental Income: $null Traditional Rental Income: $1500 Airbnb ROI: N/A Traditional ROI: 2%
12550 Lake Avenue #406 Lakewood, OH Welcome to a beautifully renovated corner unit in the Meridian, located in the heart of th...	2 beds \| 2 baths \| 1,397 sq.ft.	$265,000	Airbnb cash on cash: -3.91% Traditional cash on cash: 1.13% Airbnb Rental Income: $1729 Traditional Rental Income: $2511 Airbnb ROI: -3.91% Traditional ROI: 1.13%
1566 Winchester Lakewood, OH This 4 bedroom 2 bath home in Lakewood's Bird Town neighborhood is conveniently located to...	4 beds \| 2 baths \| 1,568 sq.ft.	$285,000	Airbnb cash on cash: 7.95% Traditional cash on cash: 5.26% Airbnb Rental Income: $3569 Traditional Rental Income: $2064 Airbnb ROI: 7.95% Traditional ROI: 5.26%
2228 Wyandotte Avenue Lakewood, OH Charming Duplex in the Heart of Lakewood, Ohio Welcome to your new home in the vibrant ...	4 beds \| 2 baths \| 2,116 sq.ft.	$369,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.22% Airbnb Rental Income: $null Traditional Rental Income: $2252 Airbnb ROI: N/A Traditional ROI: 4.22%
1646 Waterbury Road Lakewood, OH Nestled in the heart of Lakewood, this charming triplex offers an exceptional investment o...	5 beds \| 3 baths \| 2,653 sq.ft.	$469,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 4.65% Airbnb Rental Income: $1123 Traditional Rental Income: $3001 Airbnb ROI: -0.48% Traditional ROI: 4.65%
12700 Lake Avenue #1408 Lakewood, OH Welcome to this Gold Coast condo that sits just minutes away from Lake Erie and local rest...	1 beds \| 1 baths \| 762 sq.ft.	$139,900	Airbnb cash on cash: -1.46% Traditional cash on cash: 1.68% Airbnb Rental Income: $1471 Traditional Rental Income: $1457 Airbnb ROI: -1.46% Traditional ROI: 1.68%
12550 Lake Avenue #1501-1507 Lakewood, OH Welcome to your escape without leaving the city! This rare unit covers over 2000 sqft of l...	3 beds \| 3 baths \| 2,352 sq.ft.	$415,000	Airbnb cash on cash: -5.75% Traditional cash on cash: -2.02% Airbnb Rental Income: $2437 Traditional Rental Income: $3293 Airbnb ROI: -5.75% Traditional ROI: -2.02%
1252 Giel Avenue Lakewood, OH Located in one of the most walkable areas of Lakewood. This home has been professionally r...	3 beds \| 2 baths \| 1,562 sq.ft.	$399,900	Airbnb cash on cash: 2.55% Traditional cash on cash: 3.31% Airbnb Rental Income: $2437 Traditional Rental Income: $2127 Airbnb ROI: 2.55% Traditional ROI: 3.31%
14567 Madison Avenue Lakewood, OH Enjoy this 2 bedroom condominium located in the heart of Lakewood that has an indoor pool....	2 beds \| 1 baths \| 760 sq.ft.	$89,900	Airbnb cash on cash: 7.06% Traditional cash on cash: 7.75% Airbnb Rental Income: $1729 Traditional Rental Income: $1312 Airbnb ROI: 7.06% Traditional ROI: 7.75%
1307 Manor Park Avenue Lakewood, OH THE LISTING AGENT KEVIN MCGUIRE IS RELATED TO THE SELLER. Manor Park is one of the premie...	4 beds \| 2 baths \| 2,160 sq.ft.	$430,000	Airbnb cash on cash: 4.26% Traditional cash on cash: 3.27% Airbnb Rental Income: $3569 Traditional Rental Income: $2387 Airbnb ROI: 4.26% Traditional ROI: 3.27%
1527 Mars Avenue Lakewood, OH This charming home, built in 1911, exudes a warm, nostalgic ambiance. The welcoming front ...	3 beds \| 2 baths \| 2,236 sq.ft.	$250,000	Airbnb cash on cash: 4.32% Traditional cash on cash: 5.96% Airbnb Rental Income: $2437 Traditional Rental Income: $2229 Airbnb ROI: 4.32% Traditional ROI: 5.96%
1550 Lakeland Avenue Lakewood, OH Calling all investors! Here is a great opportunity to increase your real estate portfolio ...	3 beds \| 1 baths \| 1,161 sq.ft.	$199,900	Airbnb cash on cash: 5.8% Traditional cash on cash: 3.6% Airbnb Rental Income: $2437 Traditional Rental Income: $1423 Airbnb ROI: 5.8% Traditional ROI: 3.6%
1231 Hall Avenue Lakewood, OH Charming Western Lakewood Home with Modern Comforts! Welcome to this wonderful colonial in...	3 beds \| 2 baths \| 1,675 sq.ft.	$319,900	Airbnb cash on cash: 3.01% Traditional cash on cash: 3.48% Airbnb Rental Income: $2437 Traditional Rental Income: $1984 Airbnb ROI: 3.01% Traditional ROI: 3.48%
1371 W Clifton Boulevard Lakewood, OH Welcome to this stunning move-in ready 3 bed, 3.5 bath townhouse with 2 car attached garag...	3 beds \| 4 baths \| 1,896 sq.ft.	$499,900	Airbnb cash on cash: 0.17% Traditional cash on cash: 2.17% Airbnb Rental Income: $2437 Traditional Rental Income: $2776 Airbnb ROI: 0.17% Traditional ROI: 2.17%
11811 Lake Avenue #301 Lakewood, OH Welcome to this stunning 1-bedroom, 1-bath third floor condo at The Envoy in Lakewood! Thi...	1 beds \| 1 baths \| 641 sq.ft.	$99,800	Airbnb cash on cash: 2.36% Traditional cash on cash: 3.62% Airbnb Rental Income: $1471 Traditional Rental Income: $1159 Airbnb ROI: 2.36% Traditional ROI: 3.62%
12900 Lake Avenue Lakewood, OH Wow! Penthouse #21 -Features a move in ready unit, with breath taking views of the sunset ...	2 beds \| 2 baths \| 1,170 sq.ft.	$232,900	Airbnb cash on cash: -2.71% Traditional cash on cash: 1.81% Airbnb Rental Income: $1729 Traditional Rental Income: $2246 Airbnb ROI: -2.71% Traditional ROI: 1.81%
1288-1290 Warren Road Lakewood, OH Discover a prime investment opportunity in Lakewood, Ohio! This updated triplex features t...	5 beds \| 3 baths \| 2,558 sq.ft.	$412,500	Airbnb cash on cash: -0.72% Traditional cash on cash: 4.87% Airbnb Rental Income: $1123 Traditional Rental Income: $2908 Airbnb ROI: -0.72% Traditional ROI: 4.87%
2087 Quail Street Lakewood, OH Community, Park, Playground, Pool, Sidewalks, Street Lights Remarks: Welcome to this ex...	4 beds \| 3 baths \| 2,124 sq.ft.	$385,000	Airbnb cash on cash: 5.36% Traditional cash on cash: 5.31% Airbnb Rental Income: $3569 Traditional Rental Income: $2764 Airbnb ROI: 5.36% Traditional ROI: 5.31%
1638-1640 Victoria Avenue Lakewood, OH Do not miss out on this Lakewood Triplex! Great location to restaurants. First floor unit ...	5 beds \| 3 baths \| 3,364 sq.ft.	$429,900	Airbnb cash on cash: -0.64% Traditional cash on cash: 4.11% Airbnb Rental Income: $1123 Traditional Rental Income: $2657 Airbnb ROI: -0.64% Traditional ROI: 4.11%
1537 Newman Avenue Lakewood, OH Your search is over ! Don't wait to see this very well maintained home ! Welcoming front p...	3 beds \| 2 baths \| 1,638 sq.ft.	$274,000	Airbnb cash on cash: 4.17% Traditional cash on cash: 5.2% Airbnb Rental Income: $2437 Traditional Rental Income: $2108 Airbnb ROI: 4.17% Traditional ROI: 5.2%
2216 Wascana Avenue Lakewood, OH RELISTED DUE TO FINANCING! Welcome to 2216 Wascana Avenue. This charming 3-bedroom, two ba...	3 beds \| 2 baths \| 1,664 sq.ft.	$299,900	Airbnb cash on cash: 4.44% Traditional cash on cash: 5.77% Airbnb Rental Income: $2437 Traditional Rental Income: $2218 Airbnb ROI: 4.44% Traditional ROI: 5.77%
1609 Wagar Avenue Lakewood, OH Welcome to this stunning, fully renovated home with a blend of modern amenities & classic ...	4 beds \| 3 baths \| 2,772 sq.ft.	$599,000	Airbnb cash on cash: 2.89% Traditional cash on cash: 2.26% Airbnb Rental Income: $3569 Traditional Rental Income: $2433 Airbnb ROI: 2.89% Traditional ROI: 2.26%
12500 Edgewater Drive #704 Lakewood, OH Have a look at this much sought after Gold Coast well maintained luxury condominium! Enjo...	2 beds \| 2 baths \| N/A	$189,900	Airbnb cash on cash: -2.37% Traditional cash on cash: 3.03% Airbnb Rental Income: $1729 Traditional Rental Income: $2225 Airbnb ROI: -2.37% Traditional ROI: 3.03%

Real Estate investment in Lakewood, OH

There are 95 properties for sale in the city of Lakewood . The median list price in Lakewood is $299,900 and the average price per square foot is $177. In November 2024, the average monthly cash on cash return in Lakewood is 4.00%. The average monthly rental income in Lakewood is $2,164.

Lakewood, OH Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 95 investment properties available for sale in Lakewood.

In 2024, the best neighborhood to buy investment property is Lakewood.

The ROI for Long-Term is higher than the Short-Term in Lakewood with average rental income of $2,164.

Your search for investment property begins and ends here

Investment Property for Sale in Lakewood, OH

1644 Onondaga Avenue

Lakewood, OH

4 beds | 2 baths | 1,939 sq.ft.

$349,900

Airbnb cash on cash: 5.3%

Traditional cash on cash: 3.97%

Airbnb Rental Income: $3569

Traditional Rental Income: $2348

Airbnb ROI: 5.3%

Traditional ROI: 3.97%

2215 Wascana Avenue

Lakewood, OH

3 beds | 2 baths | 1,152 sq.ft.

$285,000

Airbnb cash on cash: 3.81%

Traditional cash on cash: 3.31%

Airbnb Rental Income: $2437

Traditional Rental Income: $1708

Airbnb ROI: 3.81%

Traditional ROI: 3.31%

1421 Gridley Street

Lakewood, OH

3 beds | 2 baths | 1,572 sq.ft.

$275,000

Airbnb cash on cash: 3.78%

Traditional cash on cash: 4.46%

Airbnb Rental Income: $2437

Traditional Rental Income: $2018

Airbnb ROI: 3.78%

Traditional ROI: 4.46%

12520 Edgewater Drive #510

Lakewood, OH

1 beds | 1 baths | 793 sq.ft.

$69,900

Airbnb cash on cash: -5.43%

Traditional cash on cash: 2.52%

Airbnb Rental Income: $1471

Traditional Rental Income: $1588

Airbnb ROI: -5.43%

Traditional ROI: 2.52%

14316 GARFIELD AVENUE

Lakewood, OH

2 beds | 2 baths | 1,008 sq.ft.

$230,000

Airbnb cash on cash: 2.79%

Traditional cash on cash: 3.11%

Airbnb Rental Income: $1729

Traditional Rental Income: $1322

Airbnb ROI: 2.79%

Traditional ROI: 3.11%

1570 Winchester Avenue

Lakewood, OH

3 beds | 4 baths | N/A

$590,000

Airbnb cash on cash: 1.96%

Traditional cash on cash: 4.16%

Airbnb Rental Income: $2437

Traditional Rental Income: $3053

Airbnb ROI: 1.96%

Traditional ROI: 4.16%

2033 Halstead Avenue

Lakewood, OH

4 beds | 2 baths | 2,494 sq.ft.

$275,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.94%

Airbnb Rental Income: $null

Traditional Rental Income: $2295

Airbnb ROI: N/A

Traditional ROI: 5.94%

17312 Fries Avenue

Lakewood, OH

3 beds | 3 baths | 2,616 sq.ft.

$529,900

Airbnb cash on cash: 0.56%

Traditional cash on cash: 2.48%

Airbnb Rental Income: $2437

Traditional Rental Income: $2791

Airbnb ROI: 0.56%