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
2187 Arthur Ave Lakewood, OH Charming 3 bedroom, 1 bath Craftsman home on one of Lakewood's most desirable streets. Enj...	3 beds \| 1 baths \| 1,165 sq.ft.	$339,000	Airbnb cash on cash: -0.03% Traditional cash on cash: 0.14% Airbnb Rental Income: $1357 Traditional Rental Income: $997 Airbnb ROI: -0.03% Traditional ROI: 0.14%
11915 Franklin Blvd Lakewood, OH Welcome to 11915 Franklin Blvd, an ideal choice for anyone looking for comfort and conveni...	2 beds \| 1 baths \| 974 sq.ft.	$229,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 4.39% Airbnb Rental Income: $1266 Traditional Rental Income: $1663 Airbnb ROI: 0.72% Traditional ROI: 4.39%
1531 Winchester Ave Lakewood, OH A charming, Lakewood, single family colonial waiting for its new family! Move right in to ...	3 beds \| 1 baths \| 1,072 sq.ft.	$250,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 2.76% Airbnb Rental Income: $1357 Traditional Rental Income: $1344 Airbnb ROI: 1.06% Traditional ROI: 2.76%
1190 Gladys Ave Lakewood, OH WOW! Beautifully appointed colonial in the heart of it all! Close to shopping, restaurants...	3 beds \| 2 baths \| 1,464 sq.ft.	$319,900	Airbnb cash on cash: 0.28% Traditional cash on cash: 1.62% Airbnb Rental Income: $1357 Traditional Rental Income: $1344 Airbnb ROI: 0.28% Traditional ROI: 1.62%
14707 Delaware Ave Lakewood, OH Prepare to be Moved!...Into this charming updated bungalow in Lakewood. Lovingly maintaine...	4 beds \| 2 baths \| 1,000 sq.ft.	$369,019	Airbnb cash on cash: 1.42% Traditional cash on cash: 0.33% Airbnb Rental Income: $2119 Traditional Rental Income: $1169 Airbnb ROI: 1.42% Traditional ROI: 0.33%
12520 Edgewater Dr #210 Lakewood, OH Welcome home to this spacious, one-of-a-kind one-bedroom condo on Lakewood's sought-after ...	1 beds \| 1 baths \| 840 sq.ft.	$55,500	Airbnb cash on cash: -18.22% Traditional cash on cash: -13.47% Airbnb Rental Income: $691 Traditional Rental Income: $653 Airbnb ROI: -18.22% Traditional ROI: -13.47%
2203 Bunts Rd Lakewood, OH RARE! Beautiful 3 Family home in the attractive city of Lakewood. Renovated and ready for ...	6 beds \| 3 baths \| 2,930 sq.ft.	$475,000	Airbnb cash on cash: -1.97% Traditional cash on cash: 3.25% Airbnb Rental Income: $691 Traditional Rental Income: $2707 Airbnb ROI: -1.97% Traditional ROI: 3.25%
12520 Edgewater Dr #1106 Lakewood, OH Gorgeous 2 Bedroom, 2 Bath Unit With Over 1100 Square Feet Located In One Of Lakewood's Pr...	2 beds \| 2 baths \| 1,146 sq.ft.	$179,900	Airbnb cash on cash: -8.97% Traditional cash on cash: -7.22% Airbnb Rental Income: $1266 Traditional Rental Income: $1166 Airbnb ROI: -8.97% Traditional ROI: -7.22%
1312 Saint Charles Ave Lakewood, OH Just blocks from downtown Lakewood, this 3 bedrooms, 2 bathroom home has been well cared f...	3 beds \| 2 baths \| 1,248 sq.ft.	$299,900	Airbnb cash on cash: 0.46% Traditional cash on cash: 1.46% Airbnb Rental Income: $1357 Traditional Rental Income: $1222 Airbnb ROI: 0.46% Traditional ROI: 1.46%
12701 Plover St Lakewood, OH A wonderful home in a great location and it's completely updated! Walk into your new home ...	3 beds \| 2 baths \| 1,440 sq.ft.	$349,999	Airbnb cash on cash: 1.11% Traditional cash on cash: 2.99% Airbnb Rental Income: $1357 Traditional Rental Income: $1559 Airbnb ROI: 1.11% Traditional ROI: 2.99%
2067 Wascana Ave Lakewood, OH Classic Lakewood Double â¦. Super Clean With Lots Of Original Charm And Character Left In...	4 beds \| 2 baths \| 2,078 sq.ft.	$369,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 3% Airbnb Rental Income: $1357 Traditional Rental Income: $1859 Airbnb ROI: 0.35% Traditional ROI: 3%
12520 Edgewater Dr #510 Lakewood, OH This One Bedroom has 793 Square Feet Located on the 5th Floor with a Lake View! Short Dist...	2 beds \| 1 baths \| 840 sq.ft.	$99,900	Airbnb cash on cash: -9.1% Traditional cash on cash: -2.02% Airbnb Rental Income: $1266 Traditional Rental Income: $1588 Airbnb ROI: -9.1% Traditional ROI: -2.02%
1473 Wyandotte Ave Lakewood, OH Welcome to a Lakewood Gem. This Century Home is extremely inviting. You will be amazed w...	4 beds \| 2 baths \| 1,805 sq.ft.	$399,900	Airbnb cash on cash: 1.41% Traditional cash on cash: 3.11% Airbnb Rental Income: $2119 Traditional Rental Income: $2215 Airbnb ROI: 1.41% Traditional ROI: 3.11%
1668 Lewis Dr Lakewood, OH Welcome Home to this Beautiful 4 Bedroom 2 Bath Colonial Located In Lakewood! Pride of ow...	4 beds \| 1 baths \| 1,800 sq.ft.	$377,500	Airbnb cash on cash: 1.64% Traditional cash on cash: 1.06% Airbnb Rental Income: $2119 Traditional Rental Income: $1369 Airbnb ROI: 1.64% Traditional ROI: 1.06%
1373 Lakeland Ave Lakewood, OH Dreamy Lakewood renovation with amazing 4 floors of living space rarely see in a prime nei...	4 beds \| 2 baths \| 2,470 sq.ft.	$575,000	Airbnb cash on cash: -1.03% Traditional cash on cash: 0.08% Airbnb Rental Income: $2119 Traditional Rental Income: $2172 Airbnb ROI: -1.03% Traditional ROI: 0.08%
12029 Clifton Blvd #503 Lakewood, OH Newly renovated Ready To Move In two Bedroom, two full bath condo in the highly desirable ...	2 beds \| 2 baths \| 918 sq.ft.	$119,900	Airbnb cash on cash: -1.9% Traditional cash on cash: -0.21% Airbnb Rental Income: $1266 Traditional Rental Income: $1062 Airbnb ROI: -1.9% Traditional ROI: -0.21%
1609 Westwood Ave Lakewood, OH Located in the heart of Lakewood between Detroit Ave and Hilliard Road, this beautifully m...	4 beds \| 2 baths \| 2,248 sq.ft.	$420,000	Airbnb cash on cash: -0.74% Traditional cash on cash: 2.55% Airbnb Rental Income: $1266 Traditional Rental Income: $2164 Airbnb ROI: -0.74% Traditional ROI: 2.55%
1225 Gladys Ave Lakewood, OH Welcome home to this very large solid traditional Lakewood colonial. Enjoy a cup of coffee...	4 beds \| 2 baths \| 1,496 sq.ft.	$439,999	Airbnb cash on cash: 1.06% Traditional cash on cash: 1.69% Airbnb Rental Income: $2119 Traditional Rental Income: $1837 Airbnb ROI: 1.06% Traditional ROI: 1.69%
1315 Donald Avenue Lakewood, OH RARE NEWLY BUILT (2020) CUSTOM COLONIAL IN THE HEART OF LAKEWOOD! Why wait to build or set...	4 beds \| 4 baths \| 2,605 sq.ft.	$625,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 1.78% Airbnb Rental Income: $2119 Traditional Rental Income: $2636 Airbnb ROI: -0.04% Traditional ROI: 1.78%
1604 Newman Avenue Lakewood, OH Investment opportunity in the heart of Lakewood's Birdtown neighborhood. This fully occupi...	6 beds \| 2 baths \| 2,240 sq.ft.	$275,000	Airbnb cash on cash: -2.02% Traditional cash on cash: 4.91% Airbnb Rental Income: $821 Traditional Rental Income: $2291 Airbnb ROI: -2.02% Traditional ROI: 4.91%
2241 Arthur Ave Lakewood, OH Welcome to 2241 Arthur Avenue, a beautifully maintained Lakewood colonial on one of the ci...	3 beds \| 1 baths \| 1,494 sq.ft.	$349,900	Airbnb cash on cash: -0.19% Traditional cash on cash: 1.16% Airbnb Rental Income: $1357 Traditional Rental Income: $1384 Airbnb ROI: -0.19% Traditional ROI: 1.16%
1281 Chase Ave Lakewood, OH Get a Move On! This well-preserved Lakewood colonial has much to offer! Greet guests on ...	4 beds \| 2 baths \| 1,456 sq.ft.	$375,000	Airbnb cash on cash: 1.67% Traditional cash on cash: 2.04% Airbnb Rental Income: $2119 Traditional Rental Income: $1707 Airbnb ROI: 1.67% Traditional ROI: 2.04%
1563 Cordova Ave Lakewood, OH Put your spin on this rare find in Western Lakewood. Many great features, replacement wind...	2 beds \| 1 baths \| 969 sq.ft.	$199,000	Airbnb cash on cash: 1.54% Traditional cash on cash: 2.77% Airbnb Rental Income: $1266 Traditional Rental Income: $1097 Airbnb ROI: 1.54% Traditional ROI: 2.77%
1497 Coutant Ave Lakewood, OH 3 Bldgs On 1 Parcel. Front Bldg (1497 Coutant) Has 4 2-bdrm Apartments Of Which Each Tenan...	8 beds \| 4 baths \| 4,000 sq.ft.	$600,000	Airbnb cash on cash: -0.85% Traditional cash on cash: 4% Airbnb Rental Income: $1266 Traditional Rental Income: $3584 Airbnb ROI: -0.85% Traditional ROI: 4%
16810 Seneca Ave Lakewood, OH Prepare to be Moved!...Into this charming 3bed/1.5bath Lakewood Colonial that you'll immed...	3 beds \| 1 baths \| 1,417 sq.ft.	$315,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 1.57% Airbnb Rental Income: $1357 Traditional Rental Income: $1311 Airbnb ROI: 0.32% Traditional ROI: 1.57%
1421 Rio St Lakewood, OH This traditional 3 bedroom 1 bath Lakewood home is located in Scenic Park on the west end ...	3 beds \| 1 baths \| 1,318 sq.ft.	$269,900	Airbnb cash on cash: 0.79% Traditional cash on cash: 2.12% Airbnb Rental Income: $1357 Traditional Rental Income: $1280 Airbnb ROI: 0.79% Traditional ROI: 2.12%
2054 Magee St Lakewood, OH Great opportunity to own a duplex in the Birdtown neighborhood of Lakewood! Live in one un...	4 beds \| 2 baths \| 1,930 sq.ft.	$369,900	Airbnb cash on cash: -0.03% Traditional cash on cash: 3.46% Airbnb Rental Income: $1357 Traditional Rental Income: $2183 Airbnb ROI: -0.03% Traditional ROI: 3.46%
12520 Edgewater Dr #1501 Lakewood, OH Welcome home to this amazing corner condo! Just minutes from downtown Cleveland, this home...	2 beds \| 2 baths \| 1,193 sq.ft.	$142,500	Airbnb cash on cash: -8.33% Traditional cash on cash: -3.76% Airbnb Rental Income: $1266 Traditional Rental Income: $1490 Airbnb ROI: -8.33% Traditional ROI: -3.76%
1200 Cook Ave Lakewood, OH Well maintained and wonderfully located Lakewood duplex. Cook is a quiet street but conven...	4 beds \| 2 baths \| 2,445 sq.ft.	$347,000	Airbnb cash on cash: -0.49% Traditional cash on cash: 3.76% Airbnb Rental Income: $1266 Traditional Rental Income: $2252 Airbnb ROI: -0.49% Traditional ROI: 3.76%
1567 Wagar Ave Lakewood, OH Welcome to this beautiful, Victorian style, multi-family home with a spectacular renovated...	6 beds \| 3 baths \| 3,340 sq.ft.	$449,900	Airbnb cash on cash: -0.71% Traditional cash on cash: 3.24% Airbnb Rental Income: $1266 Traditional Rental Income: $2530 Airbnb ROI: -0.71% Traditional ROI: 3.24%
12700 Lake Ave #1408 Lakewood, OH Location, location, location! Winton Place is one of the premier buildings on the Lake in ...	1 beds \| 1 baths \| 762 sq.ft.	$135,000	Airbnb cash on cash: -5.79% Traditional cash on cash: 1.5% Airbnb Rental Income: $691 Traditional Rental Income: $1332 Airbnb ROI: -5.79% Traditional ROI: 1.5%
1604 Marlowe Ave Lakewood, OH LOCATION, LOCATION, LOCATION! Prepare to be amazed with this super spacious, 4 bedrooms, 4...	4 beds \| 1 baths \| 2,262 sq.ft.	$525,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 0.07% Airbnb Rental Income: $2119 Traditional Rental Income: $1412 Airbnb ROI: 0.4% Traditional ROI: 0.07%
11850 Edgewater Dr #1003 Lakewood, OH Welcome to THE LAKE HOUSE. Condominium living on Lakewood's vibrant Gold Coast. A rare two...	2 beds \| 1 baths \| 864 sq.ft.	$94,000	Airbnb cash on cash: -3.93% Traditional cash on cash: 1.13% Airbnb Rental Income: $1266 Traditional Rental Income: $1353 Airbnb ROI: -3.93% Traditional ROI: 1.13%
1290 Jackson Ave Lakewood, OH Charming Lakewood home located near St. Eds, not far from Lakewood Park and close to the S...	3 beds \| 1 baths \| 1,498 sq.ft.	$289,900	Airbnb cash on cash: 0.51% Traditional cash on cash: 3.27% Airbnb Rental Income: $1357 Traditional Rental Income: $1708 Airbnb ROI: 0.51% Traditional ROI: 3.27%
2135 Riverside Dr Lakewood, OH Classic Lakewood Colonial w/abundant beauty & charm w/all the modern upgrades you will eve...	4 beds \| 3 baths \| 2,947 sq.ft.	$664,900	Airbnb cash on cash: 0.43% Traditional cash on cash: 1.81% Airbnb Rental Income: $2119 Traditional Rental Income: $2434 Airbnb ROI: 0.43% Traditional ROI: 1.81%
1594 Victoria Ave Lakewood, OH This beauty has generous layout and oversized lot create endless possibilities for customi...	4 beds \| 2 baths \| N/A	$199,900	Airbnb cash on cash: 5.43% Traditional cash on cash: 7.7% Airbnb Rental Income: $2119 Traditional Rental Income: $2007 Airbnb ROI: 5.43% Traditional ROI: 7.7%
15400 Hilliard Rd Lakewood, OH GREAT PRICE FOR THE AREA! HISTORIC CHARM WITH MAJOR UPDATES! MLS OHFA ELIGIBLE! Qualified ...	4 beds \| 1 baths \| 1,730 sq.ft.	$249,900	Airbnb cash on cash: 3.29% Traditional cash on cash: 6.46% Airbnb Rental Income: $2119 Traditional Rental Income: $2325 Airbnb ROI: 3.29% Traditional ROI: 6.46%

Real Estate investment in Lakewood, OH

There are 190 properties for sale in the city of Lakewood . The median list price in Lakewood is $348,791 and the average price per square foot is $202. In September 2026, the average monthly cash on cash return in Lakewood is 2.00%. The average monthly rental income in Lakewood is $1,559.

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

There are 190 investment properties available for sale in Lakewood.

In 2026, the best neighborhood to buy investment property is Lakewood.

The ROI for Short-Term is higher than the Long-Term in Lakewood with average rental income of $1,266.

Your search for investment property begins and ends here

Investment Property for Sale in Lakewood, OH

2187 Arthur Ave

Lakewood, OH

3 beds | 1 baths | 1,165 sq.ft.

$339,000

Airbnb cash on cash: -0.03%

Traditional cash on cash: 0.14%

Airbnb Rental Income: $1357

Traditional Rental Income: $997

Airbnb ROI: -0.03%

Traditional ROI: 0.14%

11915 Franklin Blvd

Lakewood, OH

2 beds | 1 baths | 974 sq.ft.

$229,000

Airbnb cash on cash: 0.72%

Traditional cash on cash: 4.39%

Airbnb Rental Income: $1266

Traditional Rental Income: $1663

Airbnb ROI: 0.72%

Traditional ROI: 4.39%

1531 Winchester Ave

Lakewood, OH

3 beds | 1 baths | 1,072 sq.ft.

$250,000

Airbnb cash on cash: 1.06%

Traditional cash on cash: 2.76%

Airbnb Rental Income: $1357

Traditional Rental Income: $1344

Airbnb ROI: 1.06%

Traditional ROI: 2.76%

1190 Gladys Ave

Lakewood, OH

3 beds | 2 baths | 1,464 sq.ft.

$319,900

Airbnb cash on cash: 0.28%

Traditional cash on cash: 1.62%

Airbnb Rental Income: $1357

Traditional Rental Income: $1344

Airbnb ROI: 0.28%

Traditional ROI: 1.62%

14707 Delaware Ave

Lakewood, OH

4 beds | 2 baths | 1,000 sq.ft.

$369,019

Airbnb cash on cash: 1.42%

Traditional cash on cash: 0.33%

Airbnb Rental Income: $2119

Traditional Rental Income: $1169

Airbnb ROI: 1.42%

Traditional ROI: 0.33%

12520 Edgewater Dr #210

Lakewood, OH

1 beds | 1 baths | 840 sq.ft.

$55,500

Airbnb cash on cash: -18.22%

Traditional cash on cash: -13.47%

Airbnb Rental Income: $691

Traditional Rental Income: $653

Airbnb ROI: -18.22%

Traditional ROI: -13.47%

2203 Bunts Rd

Lakewood, OH

6 beds | 3 baths | 2,930 sq.ft.

$475,000

Airbnb cash on cash: -1.97%

Traditional cash on cash: 3.25%

Airbnb Rental Income: $691

Traditional Rental Income: $2707

Airbnb ROI: -1.97%

Traditional ROI: 3.25%

12520 Edgewater Dr #1106

Lakewood, OH

2 beds | 2 baths | 1,146 sq.ft.

$179,900

Airbnb cash on cash: -8.97%

Traditional cash on cash: -7.22%

Airbnb Rental Income: $1266

Traditional Rental Income: $1166

Airbnb ROI: -8.97%