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
11820 Edgewater Drive unit: 915 #915 Lakewood, OH Welcome home to this spacious two bedroom, two bath condo offering breathtaking views of b...	2 beds \| 2 baths \| 1,208 sq.ft.	$152,900	Airbnb cash on cash: -4.96% Traditional cash on cash: 5.56% Airbnb Rental Income: $1061 Traditional Rental Income: $2233 Airbnb ROI: -4.96% Traditional ROI: 5.56%
11915 Franklin Boulevard Lakewood, OH Welcome to 11915 Franklin Blvd, an ideal choice for anyone looking for comfort and conveni...	2 beds \| 1 baths \| 974 sq.ft.	$255,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 3.85% Airbnb Rental Income: $1061 Traditional Rental Income: $1663 Airbnb ROI: -0.16% Traditional ROI: 3.85%
1431 Maile Avenue Lakewood, OH Welcome to this beautifully maintained 3-bedroom Colonial located in the very heart of Lak...	3 beds \| 1 baths \| 1,134 sq.ft.	$299,000	Airbnb cash on cash: -1.43% Traditional cash on cash: 2.16% Airbnb Rental Income: $733 Traditional Rental Income: $1431 Airbnb ROI: -1.43% Traditional ROI: 2.16%
13214 Merl Avenue Lakewood, OH This standout Lakewood colonial features LVT flooring throughout the main level, an open c...	4 beds \| 2 baths \| 1,512 sq.ft.	$359,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 3.01% Airbnb Rental Income: $1643 Traditional Rental Income: $2045 Airbnb ROI: 0.44% Traditional ROI: 3.01%
1603 Cohassett Avenue Lakewood, OH Welcome to this charming duplex in Prime Lakewood Location - Upper Unit is move-in or rent...	5 beds \| 2 baths \| 2,377 sq.ft.	$339,000	Airbnb cash on cash: -2.3% Traditional cash on cash: 3.9% Airbnb Rental Income: $570 Traditional Rental Income: $2261 Airbnb ROI: -2.3% Traditional ROI: 3.9%
2039 Ferndale Avenue Lakewood, OH This Charming brick bungalow in Central Lakewood is calling to you! Step inside this light...	4 beds \| 2 baths \| 1,769 sq.ft.	$299,900	Airbnb cash on cash: 1.14% Traditional cash on cash: 4.29% Airbnb Rental Income: $1643 Traditional Rental Income: $2071 Airbnb ROI: 1.14% Traditional ROI: 4.29%
1542 Westwood Avenue Lakewood, OH Investor or owner-occupant opportunity! This incredible, oversized duplex in the heart of ...	5 beds \| 3 baths \| 2,040 sq.ft.	$427,500	Airbnb cash on cash: -1.75% Traditional cash on cash: 4.02% Airbnb Rental Income: $570 Traditional Rental Income: $2596 Airbnb ROI: -1.75% Traditional ROI: 4.02%
14926 Esther Avenue Lakewood, OH Don't miss this fantastic opportunity to own a well-maintained and updated duplex located ...	4 beds \| 3 baths \| 5,280 sq.ft.	$349,900	Airbnb cash on cash: 0.87% Traditional cash on cash: 5.5% Airbnb Rental Income: $1643 Traditional Rental Income: $2704 Airbnb ROI: 0.87% Traditional ROI: 5.5%
1615 Wagar Avenue Lakewood, OH Location and Charm in the Heart of Lakewood! Welcome to this Lakewood beauty perfectly sit...	3 beds \| 2 baths \| 2,067 sq.ft.	$275,000	Airbnb cash on cash: -1.7% Traditional cash on cash: 3% Airbnb Rental Income: $733 Traditional Rental Income: $1640 Airbnb ROI: -1.7% Traditional ROI: 3%
2087 Lakeland Avenue Lakewood, OH Welcome to this beautifully updated four-bedroom, two-bath Colonial nestled in the heart o...	4 beds \| 2 baths \| 2,231 sq.ft.	$379,900	Airbnb cash on cash: 0.42% Traditional cash on cash: 3.72% Airbnb Rental Income: $1643 Traditional Rental Income: $2357 Airbnb ROI: 0.42% Traditional ROI: 3.72%
16601 Hilliard Road Lakewood, OH Incredible investment opportunity in the heart of Lakewood, one of Cleveland's most sought...	5 beds \| 3 baths \| 2,544 sq.ft.	$444,900	Airbnb cash on cash: -2.2% Traditional cash on cash: 4.07% Airbnb Rental Income: $570 Traditional Rental Income: $2897 Airbnb ROI: -2.2% Traditional ROI: 4.07%
1415-1417 Olivewood Avenue Lakewood, OH	6 beds \| 4 baths \| N/A	$399,900	Airbnb cash on cash: -2.72% Traditional cash on cash: 3.92% Airbnb Rental Income: $570 Traditional Rental Income: $2775 Airbnb ROI: -2.72% Traditional ROI: 3.92%
11820 Edgewater Drive 809 Lakewood, OH Lake Erie waterfront, all-on-one-floor layout with no steps, on the 8th floor, located nea...	2 beds \| 2 baths \| 1,292 sq.ft.	$129,900	Airbnb cash on cash: -2.22% Traditional cash on cash: 8.67% Airbnb Rental Income: $1061 Traditional Rental Income: $2056 Airbnb ROI: -2.22% Traditional ROI: 8.67%
1527 Woodward Avenue Lakewood, OH Welcome to this charming colonial in one of Lakewood's most desirable western neighborhood...	3 beds \| 2 baths \| 1,623 sq.ft.	$260,000	Airbnb cash on cash: -1.15% Traditional cash on cash: 5.09% Airbnb Rental Income: $733 Traditional Rental Income: $1954 Airbnb ROI: -1.15% Traditional ROI: 5.09%
1675 Roosevelt Avenue Lakewood, OH Beautifully Updated Colonial with 2-Car Garage in Prime Location! This move-in ready home ...	3 beds \| 2 baths \| 1,770 sq.ft.	$329,900	Airbnb cash on cash: -1.93% Traditional cash on cash: 3.53% Airbnb Rental Income: $733 Traditional Rental Income: $2116 Airbnb ROI: -1.93% Traditional ROI: 3.53%
2045 Chesterland Avenue Lakewood, OH Fantastic opportunity to own a fully updated and income-producing duplex in the heart of L...	4 beds \| 2 baths \| N/A	$348,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 3.85% Airbnb Rental Income: $1643 Traditional Rental Income: $2144 Airbnb ROI: 0.9% Traditional ROI: 3.85%
11801 Franklin Boulevard Lakewood, OH Welcome to 11801 Franklin Blvd, an ideal choice for anyone looking for comfort and conveni...	4 beds \| 2 baths \| 2,086 sq.ft.	$470,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 2.87% Airbnb Rental Income: $1643 Traditional Rental Income: $2252 Airbnb ROI: 0.43% Traditional ROI: 2.87%
1594 Victoria Avenue Lakewood, OH Attention investors and rehab specialists! This Lakewood duplex offers tremendous potentia...	5 beds \| 2 baths \| 2,920 sq.ft.	$222,500	Airbnb cash on cash: -2.39% Traditional cash on cash: 5.78% Airbnb Rental Income: $570 Traditional Rental Income: $2007 Airbnb ROI: -2.39% Traditional ROI: 5.78%
1480 Warren Road Lakewood, OH Welcome to low-maintenance, comfortable condo living in the heart of Lakewood! This one-be...	1 beds \| 1 baths \| N/A	$65,000	Airbnb cash on cash: -3.69% Traditional cash on cash: 3.67% Airbnb Rental Income: $829 Traditional Rental Income: $979 Airbnb ROI: -3.69% Traditional ROI: 3.67%
11901 Detroit Avenue Lakewood, OH Welcome to 11901 Detroit Avenue - a beautifully designed 3-bedroom, 2-bathroom townhome of...	3 beds \| 2 baths \| 1,732 sq.ft.	$344,500	Airbnb cash on cash: -2.39% Traditional cash on cash: 2.86% Airbnb Rental Income: $733 Traditional Rental Income: $2120 Airbnb ROI: -2.39% Traditional ROI: 2.86%
1593 Marlowe Avenue Lakewood, OH Enjoy the Lakewood living in this freshly interior painted three-bedroom one and a half ba...	3 beds \| 2 baths \| 2,115 sq.ft.	$314,900	Airbnb cash on cash: -1.56% Traditional cash on cash: 4.47% Airbnb Rental Income: $733 Traditional Rental Income: $2207 Airbnb ROI: -1.56% Traditional ROI: 4.47%
1633 Hopkins Avenue Lakewood, OH AMAZING LAKEWOOD INVESTMENT OPPORTUNITY ! 3 bdrm/1 bath Cape Cod - Tenant Occupied on Leas...	3 beds \| 2 baths \| 1,566 sq.ft.	$200,000	Airbnb cash on cash: -1.24% Traditional cash on cash: 7.21% Airbnb Rental Income: $733 Traditional Rental Income: $2026 Airbnb ROI: -1.24% Traditional ROI: 7.21%
12900 Lake Ave #820 Lakewood, OH 12900 Lake Ave #820, Lakewood, OH 44107 \| Condo/Coop	2 beds \| 2 baths \| 1,046 sq.ft.	$255,000	Airbnb cash on cash: -4.06% Traditional cash on cash: -3.06% Airbnb Rental Income: $1061 Traditional Rental Income: $935 Airbnb ROI: -4.06% Traditional ROI: -3.06%
1503 Victoria Ave Lakewood, OH 1503 Victoria Ave, Lakewood, OH 44107 \| Other	N/A beds \| N/A baths \| N/A	$84,500	Airbnb cash on cash: 0.69% Traditional cash on cash: 0.84% Airbnb Rental Income: $657 Traditional Rental Income: $371 Airbnb ROI: 0.69% Traditional ROI: 0.84%
12900 Lake Avenue unit: 214 #214 Lakewood, OH Carlyle life-right-sized. Sun-bright, move-in-ready 1BR with an efficient layout that live...	1 beds \| 1 baths \| 500 sq.ft.	$129,900	Airbnb cash on cash: -3.14% Traditional cash on cash: 1.6% Airbnb Rental Income: $829 Traditional Rental Income: $1094 Airbnb ROI: -3.14% Traditional ROI: 1.6%
12500 Edgewater Drive unit: 1101 #1101 Lakewood, OH Upgrades galore in this stunning corner Gold Coast condo! Enjoy panoramic views and design...	2 beds \| 2 baths \| 1,356 sq.ft.	$299,000	Airbnb cash on cash: -4.24% Traditional cash on cash: -2.51% Airbnb Rental Income: $1061 Traditional Rental Income: $1181 Airbnb ROI: -4.24% Traditional ROI: -2.51%
12900 Lake Ave #216 Lakewood, OH 12900 Lake Ave #216, Lakewood, OH 44107 \| Condo/Coop	1 beds \| 1 baths \| 744 sq.ft.	$189,500	Airbnb cash on cash: -4.24% Traditional cash on cash: -3.37% Airbnb Rental Income: $829 Traditional Rental Income: $658 Airbnb ROI: -4.24% Traditional ROI: -3.37%
2095 Lark Street Lakewood, OH The trendy and picturesque Birdtown neighborhood in Lakewood is the perfect place to add a...	7 beds \| 4 baths \| 2,688 sq.ft.	$375,000	Airbnb cash on cash: -2.51% Traditional cash on cash: 4.19% Airbnb Rental Income: $570 Traditional Rental Income: $2642 Airbnb ROI: -2.51% Traditional ROI: 4.19%
1323 Beach Avenue Lakewood, OH Rare Lakewood four-unit investment opportunity available now! This 4,235 square foot prope...	8 beds \| 4 baths \| 4,235 sq.ft.	$650,000	Airbnb cash on cash: -1.86% Traditional cash on cash: 2.67% Airbnb Rental Income: $570 Traditional Rental Income: $3032 Airbnb ROI: -1.86% Traditional ROI: 2.67%
14724 Clifton Blvd Lakewood, OH 14724 Clifton Blvd, Lakewood, OH 44107 \| Multi Family	5 beds \| 3 baths \| 3,720 sq.ft.	$525,000	Airbnb cash on cash: -2.16% Traditional cash on cash: 2.37% Airbnb Rental Income: $570 Traditional Rental Income: $2505 Airbnb ROI: -2.16% Traditional ROI: 2.37%
1576 Wyandotte Avenue Lakewood, OH Prepare to be moved! Welcome to 1576 Wyandotte Ave, Lakewood, OH 44107 - a charming and we...	4 beds \| 3 baths \| 2,548 sq.ft.	$385,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 4.66% Airbnb Rental Income: $1643 Traditional Rental Income: $2790 Airbnb ROI: 0.2% Traditional ROI: 4.66%
13855 Clifton Boulevard Lakewood, OH ***The seller has multiple offers and is asking for highest and best offers/terms by 9/6/2...	7 beds \| 3 baths \| 4,000 sq.ft.	$499,900	Airbnb cash on cash: -2.6% Traditional cash on cash: 3.03% Airbnb Rental Income: $570 Traditional Rental Income: $2916 Airbnb ROI: -2.6% Traditional ROI: 3.03%
16119 Clifton Boulevard Lakewood, OH Welcome to 16119 Clifton Blvd in the heart of western Lakewood, a beautifully updated trip...	7 beds \| 3 baths \| 3,400 sq.ft.	$574,900	Airbnb cash on cash: -2.09% Traditional cash on cash: 2.85% Airbnb Rental Income: $570 Traditional Rental Income: $2938 Airbnb ROI: -2.09% Traditional ROI: 2.85%
12900 Lake Ave #1718 Lakewood, OH 12900 Lake Ave #1718, Lakewood, OH 44107 \| Condo/Coop	1 beds \| 1 baths \| 732 sq.ft.	$210,000	Airbnb cash on cash: -4.08% Traditional cash on cash: -3.61% Airbnb Rental Income: $829 Traditional Rental Income: $596 Airbnb ROI: -4.08% Traditional ROI: -3.61%
12520 Edgewater Drive 606 Lakewood, OH Extra spacious with Lake Erie waterfront and Clevelandâs Downtown skyline views with rar...	2 beds \| 2 baths \| N/A	$159,900	Airbnb cash on cash: -9.83% Traditional cash on cash: -7.61% Airbnb Rental Income: $1061 Traditional Rental Income: $1035 Airbnb ROI: -9.83% Traditional ROI: -7.61%
1284 Warren Road Lakewood, OH Classic Lakewood Duplex in a fantasic location between Clifton and Detroit Ave! Perfect op...	4 beds \| 2 baths \| 2,082 sq.ft.	$324,900	Airbnb cash on cash: 0.67% Traditional cash on cash: 4.07% Airbnb Rental Income: $1643 Traditional Rental Income: $2217 Airbnb ROI: 0.67% Traditional ROI: 4.07%
1304 Bunts Rd Lakewood, OH 1304 Bunts Rd, Lakewood, OH 44107 \| Single Family Residential	4 beds \| 1 baths \| 1,956 sq.ft.	$399,900	Airbnb cash on cash: 0.35% Traditional cash on cash: 0.42% Airbnb Rental Income: $1643 Traditional Rental Income: $1205 Airbnb ROI: 0.35% Traditional ROI: 0.42%
2234 Olive Avenue Lakewood, OH Welcome home to this 3 bedroom, 2 full bath renovated Cape Cod home in the Silver Coast ar...	3 beds \| 2 baths \| 1,314 sq.ft.	$349,999	Airbnb cash on cash: -1.62% Traditional cash on cash: 0% Airbnb Rental Income: $733 Traditional Rental Income: $956 Airbnb ROI: -1.62% Traditional ROI: 0%
1484 Alameda Avenue Lakewood, OH Welcome to 1484 Alameda Ave located in Lakewood. This beautiful well maintained 4 bedroom ...	4 beds \| 2 baths \| 2,028 sq.ft.	$419,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 2.79% Airbnb Rental Income: $1643 Traditional Rental Income: $2309 Airbnb ROI: -0.09% Traditional ROI: 2.79%
1598 Alameda Avenue Lakewood, OH Fantastic opportunity to own a well-maintained duplex in a prime location! This property f...	4 beds \| 2 baths \| 2,808 sq.ft.	$299,900	Airbnb cash on cash: 1.47% Traditional cash on cash: 5.69% Airbnb Rental Income: $1643 Traditional Rental Income: $2371 Airbnb ROI: 1.47% Traditional ROI: 5.69%

Real Estate investment in Lakewood, OH

There are 94 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 $155. In October 2025, the average monthly cash on cash return in Lakewood is 3.00%. The average monthly rental income in Lakewood is $1,956.

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

There are 94 investment properties available for sale in Lakewood.

In 2025, 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 $1,956.

Your search for investment property begins and ends here

Investment Property for Sale in Lakewood, OH

11820 Edgewater Drive unit: 915 #915

Lakewood, OH

2 beds | 2 baths | 1,208 sq.ft.

$152,900

Airbnb cash on cash: -4.96%

Traditional cash on cash: 5.56%

Airbnb Rental Income: $1061

Traditional Rental Income: $2233

Airbnb ROI: -4.96%

Traditional ROI: 5.56%

11915 Franklin Boulevard

Lakewood, OH

2 beds | 1 baths | 974 sq.ft.

$255,000

Airbnb cash on cash: -0.16%

Traditional cash on cash: 3.85%

Airbnb Rental Income: $1061

Traditional Rental Income: $1663

Airbnb ROI: -0.16%

Traditional ROI: 3.85%

1431 Maile Avenue

Lakewood, OH

3 beds | 1 baths | 1,134 sq.ft.

$299,000

Airbnb cash on cash: -1.43%

Traditional cash on cash: 2.16%

Airbnb Rental Income: $733

Traditional Rental Income: $1431

Airbnb ROI: -1.43%

Traditional ROI: 2.16%

13214 Merl Avenue

Lakewood, OH

4 beds | 2 baths | 1,512 sq.ft.

$359,000

Airbnb cash on cash: 0.44%

Traditional cash on cash: 3.01%

Airbnb Rental Income: $1643

Traditional Rental Income: $2045

Airbnb ROI: 0.44%

Traditional ROI: 3.01%

1603 Cohassett Avenue

Lakewood, OH

5 beds | 2 baths | 2,377 sq.ft.

$339,000

Airbnb cash on cash: -2.3%

Traditional cash on cash: 3.9%

Airbnb Rental Income: $570

Traditional Rental Income: $2261

Airbnb ROI: -2.3%

Traditional ROI: 3.9%

2039 Ferndale Avenue

Lakewood, OH

4 beds | 2 baths | 1,769 sq.ft.

$299,900

Airbnb cash on cash: 1.14%

Traditional cash on cash: 4.29%

Airbnb Rental Income: $1643

Traditional Rental Income: $2071

Airbnb ROI: 1.14%

Traditional ROI: 4.29%

1542 Westwood Avenue

Lakewood, OH

5 beds | 3 baths | 2,040 sq.ft.

$427,500

Airbnb cash on cash: -1.75%

Traditional cash on cash: 4.02%

Airbnb Rental Income: $570

Traditional Rental Income: $2596

Airbnb ROI: -1.75%

Traditional ROI: 4.02%

14926 Esther Avenue

Lakewood, OH

4 beds | 3 baths | 5,280 sq.ft.

$349,900

Airbnb cash on cash: 0.87%

Traditional cash on cash: 5.5%

Airbnb Rental Income: $1643

Traditional Rental Income: $2704

Airbnb ROI: 0.87%