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
12118 Detroit Avenue Lakewood, OH Built in 2017, this stylish and contemporary townhome offers the perfect blend of low-main...	3 beds \| 3 baths \| 2,324 sq.ft.	$379,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.92% Airbnb Rental Income: $null Traditional Rental Income: $2585 Airbnb ROI: N/A Traditional ROI: 3.92%
11820 Edgewater Drive unit: 915 #915 Lakewood, OH IMMEDIATE OCCUPANY - Welcome home to this spacious two bedroom, two bath condo offering br...	2 beds \| 2 baths \| 1,208 sq.ft.	$140,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.14% Airbnb Rental Income: $null Traditional Rental Income: $2233 Airbnb ROI: N/A Traditional ROI: 6.14%
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: N/A Traditional cash on cash: 3.85% Airbnb Rental Income: $null Traditional Rental Income: $1663 Airbnb ROI: N/A Traditional ROI: 3.85%
2263 Warren Road Lakewood, OH Welcome to 2263 Warren Road, a charming and well-maintained 3-bedroom, 1-bath home in the ...	3 beds \| 1 baths \| 1,278 sq.ft.	$274,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.51% Airbnb Rental Income: $null Traditional Rental Income: $1514 Airbnb ROI: N/A Traditional ROI: 2.51%
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.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.77% Airbnb Rental Income: $null Traditional Rental Income: $1431 Airbnb ROI: N/A Traditional ROI: 2.77%
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.	$335,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.29% Airbnb Rental Income: $null Traditional Rental Income: $2045 Airbnb ROI: N/A Traditional ROI: 3.29%
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: N/A Traditional cash on cash: 3.9% Airbnb Rental Income: $null Traditional Rental Income: $2261 Airbnb ROI: N/A Traditional ROI: 3.9%
1228 Jackson Avenue Lakewood, OH Charming 2 family home located in the heart of Lakewood. Old world charm with built ins an...	4 beds \| 2 baths \| 3,640 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.55% Airbnb Rental Income: $null Traditional Rental Income: $2140 Airbnb ROI: N/A Traditional ROI: 2.55%
14931 Lakewood Heights Boulevard Lakewood, OH This stunning Colonial offers so much character and charm with a touch of today's modern s...	3 beds \| 1 baths \| 1,278 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.81% Airbnb Rental Income: $null Traditional Rental Income: $1439 Airbnb ROI: N/A Traditional ROI: 2.81%
1566 Elbur Avenue Lakewood, OH Welcome to this charming and well-maintained Colonial home in the heart of Lakewood - a pe...	4 beds \| 2 baths \| 1,280 sq.ft.	$334,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.1% Airbnb Rental Income: $null Traditional Rental Income: $1703 Airbnb ROI: N/A Traditional ROI: 2.1%
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: N/A Traditional cash on cash: 4.29% Airbnb Rental Income: $null Traditional Rental Income: $2071 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 4.02% Airbnb Rental Income: $null Traditional Rental Income: $2596 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 5.5% Airbnb Rental Income: $null Traditional Rental Income: $2704 Airbnb ROI: N/A Traditional ROI: 5.5%
1344 Phelps Avenue Lakewood, OH Charming 3 bedroom home in the highly desireable west Lakewood area which is walking dista...	3 beds \| 1 baths \| 1,166 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.11% Airbnb Rental Income: $null Traditional Rental Income: $1458 Airbnb ROI: N/A Traditional ROI: 2.11%
1209 Warren Road Lakewood, OH Welcome to 1209 Warren Rd in Lakewood, a beautifully updated duplex offering a rare, fully...	6 beds \| 2 baths \| 2,320 sq.ft.	$424,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.75% Airbnb Rental Income: $null Traditional Rental Income: $2295 Airbnb ROI: N/A Traditional ROI: 2.75%
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: N/A Traditional cash on cash: 3% Airbnb Rental Income: $null Traditional Rental Income: $1640 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 3.72% Airbnb Rental Income: $null Traditional Rental Income: $2357 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 4.07% Airbnb Rental Income: $null Traditional Rental Income: $2897 Airbnb ROI: N/A Traditional ROI: 4.07%
1415-1417 Olivewood Avenue Lakewood, OH	6 beds \| 4 baths \| N/A	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.92% Airbnb Rental Income: $null Traditional Rental Income: $2775 Airbnb ROI: N/A Traditional ROI: 3.92%
1585 Newman Avenue Lakewood, OH Come and check out this great location in Lakewood, Ohio, for an awesome investment opport...	6 beds \| 2 baths \| 3,780 sq.ft.	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.93% Airbnb Rental Income: $null Traditional Rental Income: $2359 Airbnb ROI: N/A Traditional ROI: 5.93%
2099 Olive Avenue Lakewood, OH Fall in love with this darling three-bedroom, all-brick Cape Cod located in the heart of L...	3 beds \| 2 baths \| 2,108 sq.ft.	$374,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.16% Airbnb Rental Income: $null Traditional Rental Income: $2153 Airbnb ROI: N/A Traditional ROI: 3.16%
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: N/A Traditional cash on cash: 5.09% Airbnb Rental Income: $null Traditional Rental Income: $1954 Airbnb ROI: N/A 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.	$309,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.82% Airbnb Rental Income: $null Traditional Rental Income: $2116 Airbnb ROI: N/A Traditional ROI: 3.82%
2054 Magee Street 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.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.07% Airbnb Rental Income: $null Traditional Rental Income: $2183 Airbnb ROI: N/A Traditional ROI: 10.07%
1482 Rockway Avenue Lakewood, OH Welcome to 1482 Rockway Ave, a beautifully updated duplex nestled in the heart of Lakewood...	4 beds \| 2 baths \| N/A	$345,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.52% Airbnb Rental Income: $null Traditional Rental Income: $2131 Airbnb ROI: N/A Traditional ROI: 3.52%
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	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.19% Airbnb Rental Income: $null Traditional Rental Income: $2144 Airbnb ROI: N/A Traditional ROI: 4.19%
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: N/A Traditional cash on cash: 2.87% Airbnb Rental Income: $null Traditional Rental Income: $2252 Airbnb ROI: N/A 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.	$213,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.05% Airbnb Rental Income: $null Traditional Rental Income: $2007 Airbnb ROI: N/A Traditional ROI: 6.05%
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: N/A Traditional cash on cash: 3.67% Airbnb Rental Income: $null Traditional Rental Income: $979 Airbnb ROI: N/A 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.	$339,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.91% Airbnb Rental Income: $null Traditional Rental Income: $2120 Airbnb ROI: N/A Traditional ROI: 2.91%
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: N/A Traditional cash on cash: 4.47% Airbnb Rental Income: $null Traditional Rental Income: $2207 Airbnb ROI: N/A 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: N/A Traditional cash on cash: 7.21% Airbnb Rental Income: $null Traditional Rental Income: $2026 Airbnb ROI: N/A 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: N/A Traditional cash on cash: -3.06% Airbnb Rental Income: $null Traditional Rental Income: $935 Airbnb ROI: N/A Traditional ROI: -3.06%
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: N/A Traditional cash on cash: 1.6% Airbnb Rental Income: $null Traditional Rental Income: $1094 Airbnb ROI: N/A 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: N/A Traditional cash on cash: -2.51% Airbnb Rental Income: $null Traditional Rental Income: $1181 Airbnb ROI: N/A Traditional ROI: -2.51%
12900 Lake Avenue unit: 610 #610 Lakewood, OH Get A Move On...The Carlyle unit #610 is now available for a lucky new owner in search of ...	2 beds \| 1 baths \| 1,046 sq.ft.	$180,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.12% Airbnb Rental Income: $null Traditional Rental Income: $1484 Airbnb ROI: N/A Traditional ROI: -0.12%
11850 Edgewater Drive unit: 722 #722 Lakewood, OH Welcome to the Lakewood Gold Coast Lifestyle! Experience lakefront living at its finest in...	1 beds \| 1 baths \| 704 sq.ft.	$89,000	Airbnb cash on cash: N/A Traditional cash on cash: -3.72% Airbnb Rental Income: $null Traditional Rental Income: $554 Airbnb ROI: N/A Traditional ROI: -3.72%
12900 Lake Avenue unit: 216 #216 Lakewood, OH Welcome to 12900 Lake Ave #216, a beautifully updated 1-bedroom, 1-bath condo located in o...	1 beds \| 1 baths \| 744 sq.ft.	$184,900	Airbnb cash on cash: N/A Traditional cash on cash: -2.62% Airbnb Rental Income: $null Traditional Rental Income: $658 Airbnb ROI: N/A Traditional ROI: -2.62%
1511 Clarence Avenue Lakewood, OH Located on the charming and tree lined Clarence Avenue, this spacious property provides th...	4 beds \| 4 baths \| 2,475 sq.ft.	$549,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.14% Airbnb Rental Income: $null Traditional Rental Income: $3316 Airbnb ROI: N/A Traditional ROI: 3.14%
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: N/A Traditional cash on cash: 4.19% Airbnb Rental Income: $null Traditional Rental Income: $2642 Airbnb ROI: N/A Traditional ROI: 4.19%

Real Estate investment in Lakewood, OH

There are 138 properties for sale in the city of Lakewood . The median list price in Lakewood is $325,000 and the average price per square foot is $158. In December 2025, the average monthly cash on cash return in Lakewood is 3.00%. The average monthly rental income in Lakewood is $2,069.

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

There are 138 investment properties available for sale in Lakewood.

In 2025, 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 $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Lakewood, OH

12118 Detroit Avenue

Lakewood, OH

3 beds | 3 baths | 2,324 sq.ft.

$379,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.92%

Airbnb Rental Income: $null

Traditional Rental Income: $2585

Airbnb ROI: N/A

Traditional ROI: 3.92%

11820 Edgewater Drive unit: 915 #915

Lakewood, OH

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

$140,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.14%

Airbnb Rental Income: $null

Traditional Rental Income: $2233

Airbnb ROI: N/A

Traditional ROI: 6.14%

11915 Franklin Boulevard

Lakewood, OH

2 beds | 1 baths | 974 sq.ft.

$255,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.85%

Airbnb Rental Income: $null

Traditional Rental Income: $1663

Airbnb ROI: N/A

Traditional ROI: 3.85%

2263 Warren Road

Lakewood, OH

3 beds | 1 baths | 1,278 sq.ft.

$274,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.51%

Airbnb Rental Income: $null

Traditional Rental Income: $1514

Airbnb ROI: N/A

Traditional ROI: 2.51%

1431 Maile Avenue

Lakewood, OH

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

$250,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.77%

Airbnb Rental Income: $null

Traditional Rental Income: $1431

Airbnb ROI: N/A

Traditional ROI: 2.77%

13214 Merl Avenue

Lakewood, OH

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

$335,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.29%

Airbnb Rental Income: $null

Traditional Rental Income: $2045

Airbnb ROI: N/A

Traditional ROI: 3.29%

1603 Cohassett Avenue

Lakewood, OH

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

$339,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.9%

Airbnb Rental Income: $null

Traditional Rental Income: $2261

Airbnb ROI: N/A

Traditional ROI: 3.9%

1228 Jackson Avenue

Lakewood, OH

4 beds | 2 baths | 3,640 sq.ft.

$399,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.55%

Airbnb Rental Income: $null

Traditional Rental Income: $2140

Airbnb ROI: N/A