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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
11820 Edgewater Dr #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: -7.51% Traditional cash on cash: 6.15% Airbnb Rental Income: $706 Traditional Rental Income: $2233 Airbnb ROI: -7.51% Traditional ROI: 6.15%
2263 Warren Rd 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: -2.64% Traditional cash on cash: 2.51% Airbnb Rental Income: $441 Traditional Rental Income: $1514 Airbnb ROI: -2.64% Traditional ROI: 2.51%
12520 Edgewater Dr #401 Lakewood, OH Completely updated 2-bedroom, 2-bath corner unit in Marine Towers East, ideally located al...	2 beds \| 2 baths \| 1,193 sq.ft.	$151,000	Airbnb cash on cash: -10.63% Traditional cash on cash: -4.52% Airbnb Rental Income: $706 Traditional Rental Income: $1282 Airbnb ROI: -10.63% Traditional ROI: -4.52%
1287 Marlowe Avenue Lakewood, OH Waiting for the right home to call yours in the city of Lakewood, look no further. Situate...	3 beds \| 2 baths \| 1,744 sq.ft.	$279,999	Airbnb cash on cash: -2.55% Traditional cash on cash: 4.19% Airbnb Rental Income: $441 Traditional Rental Income: $1958 Airbnb ROI: -2.55% Traditional ROI: 4.19%
12520 Edgewater Dr #210 Lakewood, OH Fabulous opportunity to own on Lakewoodâs Gold Coast! This Marine Towers East unit offe...	1 beds \| 1 baths \| 840 sq.ft.	$69,900	Airbnb cash on cash: -18.75% Traditional cash on cash: -8.43% Airbnb Rental Income: $365 Traditional Rental Income: $831 Airbnb ROI: -18.75% Traditional ROI: -8.43%
1228 Jackson Ave Lakewood, OH Charming 2 family home located in the heart of Lakewood. Old world charm with built ins an...	4 beds \| 2 baths \| 2,440 sq.ft.	$379,000	Airbnb cash on cash: -0.6% Traditional cash on cash: 2.73% Airbnb Rental Income: $1374 Traditional Rental Income: $2140 Airbnb ROI: -0.6% Traditional ROI: 2.73%
14931 Lakewood Heights Blvd 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: -2.05% Traditional cash on cash: 2.81% Airbnb Rental Income: $441 Traditional Rental Income: $1439 Airbnb ROI: -2.05% 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 \| 1 baths \| N/A	$334,900	Airbnb cash on cash: -0.28% Traditional cash on cash: 2.1% Airbnb Rental Income: $1374 Traditional Rental Income: $1703 Airbnb ROI: -0.28% Traditional ROI: 2.1%
12511 Plover St Lakewood, OH This is the cheapest duplex in the city of Lakewood and it's fully occupied. Turnkey, no m...	N/A beds \| N/A baths \| 2,244 sq.ft.	$246,000	Airbnb cash on cash: -4.26% Traditional cash on cash: -1.48% Airbnb Rental Income: $441 Traditional Rental Income: $824 Airbnb ROI: -4.26% Traditional ROI: -1.48%
12520 Edgewater Dr #1507 Lakewood, OH Discover this "Condo in the Sky" - a coveted view so elevated, captivating & exclusive tha...	1 beds \| 1 baths \| 793 sq.ft.	$85,000	Airbnb cash on cash: -11.12% Traditional cash on cash: 1.83% Airbnb Rental Income: $365 Traditional Rental Income: $1194 Airbnb ROI: -11.12% Traditional ROI: 1.83%
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: -2.52% Traditional cash on cash: 4.02% Airbnb Rental Income: $200 Traditional Rental Income: $2596 Airbnb ROI: -2.52% Traditional ROI: 4.02%
1573 Coutant Ave Lakewood, OH Amazing opportunity to own a charming colonial in Lakewood! Walking up to the house you ar...	3 beds \| 1 baths \| 1,278 sq.ft.	$199,000	Airbnb cash on cash: -2.12% Traditional cash on cash: 5.98% Airbnb Rental Income: $441 Traditional Rental Income: $1828 Airbnb ROI: -2.12% Traditional ROI: 5.98%
2204 Bunts Rd Lakewood, OH Buy this foreclosure deal the right way. Visit us at Auction.com, then login or create a f...	2 beds \| 1 baths \| 1,200 sq.ft.	$289,000	Airbnb cash on cash: -1.42% Traditional cash on cash: 1.62% Airbnb Rental Income: $706 Traditional Rental Income: $1227 Airbnb ROI: -1.42% Traditional ROI: 1.62%
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: -2.64% Traditional cash on cash: 3% Airbnb Rental Income: $441 Traditional Rental Income: $1640 Airbnb ROI: -2.64% Traditional ROI: 3%
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: -2.94% Traditional cash on cash: 4.07% Airbnb Rental Income: $200 Traditional Rental Income: $2897 Airbnb ROI: -2.94% Traditional ROI: 4.07%
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: 1.51% Traditional cash on cash: 10.07% Airbnb Rental Income: $1374 Traditional Rental Income: $2183 Airbnb ROI: 1.51% Traditional ROI: 10.07%
2045 Chesterland Ave 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: 0.3% Traditional cash on cash: 4.19% Airbnb Rental Income: $1374 Traditional Rental Income: $2144 Airbnb ROI: 0.3% Traditional ROI: 4.19%
15400 Hilliard Rd Lakewood, OH LAKEWOOD SINGLE-FAMILY - LISTED BELOW APPRAISED VALUE! Charming 4-bedroom, 1.5-bath coloni...	4 beds \| 1 baths \| 1,730 sq.ft.	$265,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 6.04% Airbnb Rental Income: $1374 Traditional Rental Income: $2325 Airbnb ROI: 0.57% Traditional ROI: 6.04%
11901 Detroit Ave 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: -3.17% Traditional cash on cash: 2.91% Airbnb Rental Income: $441 Traditional Rental Income: $2120 Airbnb ROI: -3.17% Traditional ROI: 2.91%
1547 Orchard Grove Ave Lakewood, OH Looking for the ideal location in Lakewood? Look no further! Nestled in the heart of the C...	4 beds \| 2 baths \| 1,626 sq.ft.	$349,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 3.68% Airbnb Rental Income: $1374 Traditional Rental Income: $2169 Airbnb ROI: -0.02% Traditional ROI: 3.68%
11820 Edgewater Dr #110 Lakewood, OH Experience the epitome of luxury living in this stunning, recently renovated waterfront co...	2 beds \| 2 baths \| 1,226 sq.ft.	$159,900	Airbnb cash on cash: -6.19% Traditional cash on cash: 1.44% Airbnb Rental Income: $706 Traditional Rental Income: $1565 Airbnb ROI: -6.19% Traditional ROI: 1.44%
12550 Lake Ave #1501-1507 Lakewood, OH Welcome to your escape without leaving the city! This rare unit covers over 2000 sqft of l...	3 beds \| 2 baths \| 2,352 sq.ft.	$249,900	Airbnb cash on cash: -15.55% Traditional cash on cash: -2.35% Airbnb Rental Income: $441 Traditional Rental Income: $3293 Airbnb ROI: -15.55% Traditional ROI: -2.35%
1593 Marlowe Ave Lakewood, OH Enjoy the Lakewood living in this freshly interior painted three-bedroom one and a half ba...	3 beds \| 1 baths \| 1,439 sq.ft.	$314,900	Airbnb cash on cash: -2.38% Traditional cash on cash: 4.47% Airbnb Rental Income: $441 Traditional Rental Income: $2207 Airbnb ROI: -2.38% Traditional ROI: 4.47%
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: -6.81% Traditional cash on cash: -0.48% Airbnb Rental Income: $706 Traditional Rental Income: $1484 Airbnb ROI: -6.81% Traditional ROI: -0.48%
2015 Baxterly Ave Lakewood, OH This home is currently leased @ $1750 a month tenants are on a month to month. The home is...	3 beds \| 2 baths \| N/A	$249,900	Airbnb cash on cash: -2.13% Traditional cash on cash: 4.9% Airbnb Rental Income: $441 Traditional Rental Income: $1839 Airbnb ROI: -2.13% Traditional ROI: 4.9%
12550 Lake Ave #101 Lakewood, OH 12550 Lake Ave #101, Cleveland, OH 44107 \| Condo/Coop	N/A beds \| 1 baths \| 544 sq.ft.	$131,900	Airbnb cash on cash: -6.35% Traditional cash on cash: -4.52% Airbnb Rental Income: $494 Traditional Rental Income: $455 Airbnb ROI: -6.35% Traditional ROI: -4.52%
11850 Edgewater Dr #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: -8.76% Traditional cash on cash: -3.72% Airbnb Rental Income: $365 Traditional Rental Income: $554 Airbnb ROI: -8.76% Traditional ROI: -3.72%
12900 Lake Ave #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: -6.44% Traditional cash on cash: -3.35% Airbnb Rental Income: $365 Traditional Rental Income: $658 Airbnb ROI: -6.44% Traditional ROI: -3.35%
2035 Chesterland Ave Lakewood, OH Fantastic opportunity to own a well-maintained duplex in the heart of Lakewood! This two-u...	4 beds \| 2 baths \| 2,100 sq.ft.	$358,000	Airbnb cash on cash: -0.1% Traditional cash on cash: 3.47% Airbnb Rental Income: $1374 Traditional Rental Income: $2179 Airbnb ROI: -0.1% Traditional ROI: 3.47%
14724 Clifton Blvd Lakewood, OH 14724 Clifton Blvd, Lakewood, OH 44107 \| Multi Family	5 beds \| 3 baths \| 3,720 sq.ft.	$499,900	Airbnb cash on cash: -0.7% Traditional cash on cash: 2.61% Airbnb Rental Income: $1374 Traditional Rental Income: $2505 Airbnb ROI: -0.7% Traditional ROI: 2.61%
1305 Virginia Avenue Lakewood, OH Great opportunity to own an updated two family Lakewood home in walking distance from park...	4 beds \| 2 baths \| 2,028 sq.ft.	$385,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 2.9% Airbnb Rental Income: $1374 Traditional Rental Income: $2228 Airbnb ROI: -0.62% Traditional ROI: 2.9%
12115 Detroit Avenue Lakewood, OH Experience modern luxury in the heart of Lakewood at this stunning 3-bedroom home with an ...	3 beds \| 3 baths \| 2,300 sq.ft.	$384,900	Airbnb cash on cash: -3.14% Traditional cash on cash: 2.47% Airbnb Rental Income: $441 Traditional Rental Income: $2204 Airbnb ROI: -3.14% Traditional ROI: 2.47%
12110 Detroit Ave Lakewood, OH 12110 Detroit Ave, Cleveland, OH 44107 \| Townhouse	3 beds \| 2 baths \| 2,324 sq.ft.	$389,900	Airbnb cash on cash: -2.61% Traditional cash on cash: 2.93% Airbnb Rental Income: $441 Traditional Rental Income: $2206 Airbnb ROI: -2.61% Traditional ROI: 2.93%
13464 Clifton Boulevard Lakewood, OH Fully renovated in 2025, this 2,300 sq ft, three-story 1912 Colonial delivers the space an...	5 beds \| 2 baths \| 3,258 sq.ft.	$399,000	Airbnb cash on cash: -3.16% Traditional cash on cash: 3.42% Airbnb Rental Income: $200 Traditional Rental Income: $2438 Airbnb ROI: -3.16% Traditional ROI: 3.42%
1566 Winchester Ave Lakewood, OH Gorgeous! LOCATION! Look at this 4 (possibly 5) bedroom Colonial in beautiful Lakewood! Th...	4 beds \| 2 baths \| 1,568 sq.ft.	$355,000	Airbnb cash on cash: 0.1% Traditional cash on cash: 1.93% Airbnb Rental Income: $1374 Traditional Rental Income: $1588 Airbnb ROI: 0.1% Traditional ROI: 1.93%
12700 Lake Ave #801 Lakewood, OH 12700 Lake Ave #801, Lakewood, OH 44107 \| Condo/Coop	2 beds \| 1 baths \| 1,140 sq.ft.	$215,000	Airbnb cash on cash: -6.53% Traditional cash on cash: -4.37% Airbnb Rental Income: $706 Traditional Rental Income: $841 Airbnb ROI: -6.53% Traditional ROI: -4.37%
12900 Lake Ave #127 Lakewood, OH 12900 Lake Ave #127, Lakewood, OH 44107 \| Condo/Coop	2 beds \| 2 baths \| 1,055 sq.ft.	$239,900	Airbnb cash on cash: -4.58% Traditional cash on cash: -2.64% Airbnb Rental Income: $706 Traditional Rental Income: $838 Airbnb ROI: -4.58% Traditional ROI: -2.64%
11850 Edgewater Drive unit: 721 #721 Lakewood, OH Two bedroom, one bath with walk-in shower! Everything has been recently updated, open floo...	2 beds \| 1 baths \| N/A	$107,000	Airbnb cash on cash: -7.36% Traditional cash on cash: -5.8% Airbnb Rental Income: $706 Traditional Rental Income: $561 Airbnb ROI: -7.36% Traditional ROI: -5.8%
12550 Lake Avenue unit: 1501-1507 #1501-1507 Lakewood, OH Discover the perfect urban retreat-without ever leaving the city! This rare condominium is...	3 beds \| 3 baths \| 2,352 sq.ft.	$249,900	Airbnb cash on cash: -15.55% Traditional cash on cash: -8.52% Airbnb Rental Income: $441 Traditional Rental Income: $1836 Airbnb ROI: -15.55% Traditional ROI: -8.52%
12550 Lake Ave #1002 Lakewood, OH 12550 Lake Ave #1002, Cleveland, OH 44107 \| Condo/Coop	1 beds \| 1 baths \| 929 sq.ft.	$149,900	Airbnb cash on cash: -9.32% Traditional cash on cash: -5.35% Airbnb Rental Income: $365 Traditional Rental Income: $684 Airbnb ROI: -9.32% Traditional ROI: -5.35%

Real Estate investment in Lakewood, OH

There are 82 properties for sale in the city of Lakewood . The median list price in Lakewood is $275,000 and the average price per square foot is $144. In February 2026, the average monthly cash on cash return in Lakewood is 3.00%. The average monthly rental income in Lakewood is $1,829.

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

There are 82 investment properties available for sale in Lakewood.

In 2026, 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 $1,829.

Your search for investment property begins and ends here

Investment Property for Sale in Lakewood, OH

11820 Edgewater Dr #915

Lakewood, OH

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

$140,000

Airbnb cash on cash: -7.51%

Traditional cash on cash: 6.15%

Airbnb Rental Income: $706

Traditional Rental Income: $2233

Airbnb ROI: -7.51%

Traditional ROI: 6.15%

2263 Warren Rd

Lakewood, OH

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

$274,900

Airbnb cash on cash: -2.64%

Traditional cash on cash: 2.51%

Airbnb Rental Income: $441

Traditional Rental Income: $1514

Airbnb ROI: -2.64%

Traditional ROI: 2.51%

12520 Edgewater Dr #401

Lakewood, OH

2 beds | 2 baths | 1,193 sq.ft.

$151,000

Airbnb cash on cash: -10.63%

Traditional cash on cash: -4.52%

Airbnb Rental Income: $706

Traditional Rental Income: $1282

Airbnb ROI: -10.63%

Traditional ROI: -4.52%

1287 Marlowe Avenue

Lakewood, OH

3 beds | 2 baths | 1,744 sq.ft.

$279,999

Airbnb cash on cash: -2.55%

Traditional cash on cash: 4.19%

Airbnb Rental Income: $441

Traditional Rental Income: $1958

Airbnb ROI: -2.55%

Traditional ROI: 4.19%

12520 Edgewater Dr #210

Lakewood, OH

1 beds | 1 baths | 840 sq.ft.

$69,900

Airbnb cash on cash: -18.75%

Traditional cash on cash: -8.43%

Airbnb Rental Income: $365

Traditional Rental Income: $831

Airbnb ROI: -18.75%

Traditional ROI: -8.43%

1228 Jackson Ave

Lakewood, OH

4 beds | 2 baths | 2,440 sq.ft.

$379,000

Airbnb cash on cash: -0.6%

Traditional cash on cash: 2.73%

Airbnb Rental Income: $1374

Traditional Rental Income: $2140

Airbnb ROI: -0.6%

Traditional ROI: 2.73%

14931 Lakewood Heights Blvd

Lakewood, OH

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

$275,000

Airbnb cash on cash: -2.05%

Traditional cash on cash: 2.81%

Airbnb Rental Income: $441

Traditional Rental Income: $1439

Airbnb ROI: -2.05%

Traditional ROI: 2.81%

1566 Elbur Avenue

Lakewood, OH

4 beds | 1 baths | N/A

$334,900

Airbnb cash on cash: -0.28%

Traditional cash on cash: 2.1%

Airbnb Rental Income: $1374

Traditional Rental Income: $1703

Airbnb ROI: -0.28%