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 You'll fall in love with this two bedroom, two bath condo offering the perfect blend of co...	2 beds \| 2 baths \| 1,208 sq.ft.	$154,900	Airbnb cash on cash: -4.47% Traditional cash on cash: 5.47% Airbnb Rental Income: $1139 Traditional Rental Income: $2233 Airbnb ROI: -4.47% Traditional ROI: 5.47%
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: 0.11% Traditional cash on cash: 3.85% Airbnb Rental Income: $1139 Traditional Rental Income: $1663 Airbnb ROI: 0.11% Traditional ROI: 3.85%
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.	$385,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 2.74% Airbnb Rental Income: $1561 Traditional Rental Income: $2045 Airbnb ROI: 0.16% Traditional ROI: 2.74%
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.	$359,000	Airbnb cash on cash: -2.24% Traditional cash on cash: 3.63% Airbnb Rental Income: $566 Traditional Rental Income: $2261 Airbnb ROI: -2.24% Traditional ROI: 3.63%
2012 Marlowe Avenue Lakewood, OH A truly unique Duplex located by all the charm that Lakewood has to offer! The welcoming f...	4 beds \| 3 baths \| 2,160 sq.ft.	$359,900	Airbnb cash on cash: 0.14% Traditional cash on cash: 4.16% Airbnb Rental Income: $1561 Traditional Rental Income: $2469 Airbnb ROI: 0.14% Traditional ROI: 4.16%
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: -1.76% Traditional cash on cash: 4.02% Airbnb Rental Income: $566 Traditional Rental Income: $2596 Airbnb ROI: -1.76% Traditional ROI: 4.02%
2115 Lewis Drive Lakewood, OH Welcome to 2115 Lewis Dr, a beautifully updated duplex nestled in the heart of Lakewood - ...	4 beds \| 2 baths \| 2,288 sq.ft.	$380,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 2.83% Airbnb Rental Income: $1561 Traditional Rental Income: $2150 Airbnb ROI: -0.09% Traditional ROI: 2.83%
1451 Rockway Avenue Lakewood, OH Welcome to this beautifully maintained century home nestled in one of Lakewoods most sough...	4 beds \| 3 baths \| 2,596 sq.ft.	$419,900	Airbnb cash on cash: 0.22% Traditional cash on cash: 4.47% Airbnb Rental Income: $1561 Traditional Rental Income: $2784 Airbnb ROI: 0.22% Traditional ROI: 4.47%
15018 Hilliard Road Lakewood, OH Welcome to this fantastic opportunity to invest in much sought after Lakewood! Updated uni...	4 beds \| 2 baths \| N/A	$350,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 2.8% Airbnb Rental Income: $1561 Traditional Rental Income: $2018 Airbnb ROI: 0.04% Traditional ROI: 2.8%
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: -2.21% Traditional cash on cash: 4.07% Airbnb Rental Income: $566 Traditional Rental Income: $2897 Airbnb ROI: -2.21% Traditional ROI: 4.07%
1415-1417 Olivewood Avenue Lakewood, OH	6 beds \| 4 baths \| N/A	$399,900	Airbnb cash on cash: -2.73% Traditional cash on cash: 3.92% Airbnb Rental Income: $566 Traditional Rental Income: $2775 Airbnb ROI: -2.73% Traditional ROI: 3.92%
1675 Roosevelt Avenue Lakewood, OH Beautifully Updated Colonial with 2-Car Garage in Prime Location! This move-in ready home ...	4 beds \| 2 baths \| 1,770 sq.ft.	$350,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 3.63% Airbnb Rental Income: $1561 Traditional Rental Income: $2116 Airbnb ROI: 0.57% Traditional ROI: 3.63%
1463 Coutant Avenue Lakewood, OH This charming century home is officially recognized by the city for its historical signifi...	3 beds \| 1 baths \| 1,580 sq.ft.	$279,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 2.52% Airbnb Rental Income: $928 Traditional Rental Income: $1468 Airbnb ROI: -0.84% Traditional ROI: 2.52%
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: 0.28% Traditional cash on cash: 2.87% Airbnb Rental Income: $1561 Traditional Rental Income: $2252 Airbnb ROI: 0.28% Traditional ROI: 2.87%
1259 Donald Avenue Lakewood, OH Welcome to 1259 Donald Avenue in Lakewood! This fully rented duplex is an excellent invest...	4 beds \| 2 baths \| 2,364 sq.ft.	$400,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 3.06% Airbnb Rental Income: $1561 Traditional Rental Income: $2283 Airbnb ROI: -0.06% Traditional ROI: 3.06%
1521 Lincoln Avenue Lakewood, OH Fabulous Investment opportunity! Fully occupied duplex offers prime location in Lakewood! ...	6 beds \| 2 baths \| 2,658 sq.ft.	$430,000	Airbnb cash on cash: -2.25% Traditional cash on cash: 4.02% Airbnb Rental Income: $566 Traditional Rental Income: $2810 Airbnb ROI: -2.25% Traditional ROI: 4.02%
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.	$344,900	Airbnb cash on cash: -1.89% Traditional cash on cash: 2.85% Airbnb Rental Income: $928 Traditional Rental Income: $2120 Airbnb ROI: -1.89% Traditional ROI: 2.85%
1317 Saint Charles Avenue Lakewood, OH Welcome home to this classic Lakewood colonial, perfectly situated on one of the city's fa...	3 beds \| 2 baths \| 1,503 sq.ft.	$259,900	Airbnb cash on cash: -0.3% Traditional cash on cash: 3.79% Airbnb Rental Income: $928 Traditional Rental Income: $1589 Airbnb ROI: -0.3% Traditional ROI: 3.79%
12700 Lake Avenue unit: 1408 #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: -5.04% Traditional cash on cash: 0.62% Airbnb Rental Income: $1064 Traditional Rental Income: $1457 Airbnb ROI: -5.04% Traditional ROI: 0.62%
11860 Lake Avenue Lakewood, OH Welcome to this Beautiful Brick Front Colonial that boasts the perfect blend of classic ch...	4 beds \| 4 baths \| 2,827 sq.ft.	$669,900	Airbnb cash on cash: -0.85% Traditional cash on cash: 2.88% Airbnb Rental Income: $1561 Traditional Rental Income: $3446 Airbnb ROI: -0.85% Traditional ROI: 2.88%
12520 Edgewater Drive unit: 1610 #1610 Lakewood, OH Welcome to your new lakeside sanctuary in the Marine Towers East, an inviting one-bedroom,...	1 beds \| 1 baths \| 840 sq.ft.	$119,900	Airbnb cash on cash: -1.94% Traditional cash on cash: 4.03% Airbnb Rental Income: $1064 Traditional Rental Income: $1388 Airbnb ROI: -1.94% Traditional ROI: 4.03%
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: -0.39% Traditional cash on cash: 7.21% Airbnb Rental Income: $928 Traditional Rental Income: $2026 Airbnb ROI: -0.39% Traditional ROI: 7.21%
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: -4.01% Traditional cash on cash: -2.51% Airbnb Rental Income: $1139 Traditional Rental Income: $1181 Airbnb ROI: -4.01% Traditional ROI: -2.51%
1557 Newman Avenue Lakewood, OH Welcome to 1557 Newman Ave - a fully renovated duplex offering incredible income potential...	5 beds \| 3 baths \| 1,980 sq.ft.	$299,000	Airbnb cash on cash: -1.82% Traditional cash on cash: 3.33% Airbnb Rental Income: $566 Traditional Rental Income: $1732 Airbnb ROI: -1.82% Traditional ROI: 3.33%
1558 Roycroft Avenue Lakewood, OH Step into the timeless charm of this 3-bedroom, 1-bathroom Western Lakewood home, built in...	3 beds \| 1 baths \| 1,323 sq.ft.	$249,900	Airbnb cash on cash: -0.66% Traditional cash on cash: 2.55% Airbnb Rental Income: $928 Traditional Rental Income: $1340 Airbnb ROI: -0.66% Traditional ROI: 2.55%
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: -2.52% Traditional cash on cash: 4.19% Airbnb Rental Income: $566 Traditional Rental Income: $2642 Airbnb ROI: -2.52% Traditional ROI: 4.19%
1240 Granger Avenue Lakewood, OH Welcome to 1240 Granger Ave - A Fully Renovated 4-Bedroom, 3.5-Bath Colonial on Lakewood's...	4 beds \| 4 baths \| 2,300 sq.ft.	$524,900	Airbnb cash on cash: -1.05% Traditional cash on cash: 3.31% Airbnb Rental Income: $1561 Traditional Rental Income: $3251 Airbnb ROI: -1.05% Traditional ROI: 3.31%
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: $566 Traditional Rental Income: $2938 Airbnb ROI: -2.09% Traditional ROI: 2.85%
2186 Woodward Avenue Lakewood, OH This Lakewood Duplex has everything in one package; updates, size and location. You won't ...	5 beds \| 2 baths \| 2,428 sq.ft.	$385,000	Airbnb cash on cash: -1.58% Traditional cash on cash: 4.2% Airbnb Rental Income: $566 Traditional Rental Income: $2373 Airbnb ROI: -1.58% Traditional ROI: 4.2%
1654 Wagar Avenue Lakewood, OH Fall in love with this newly renovated colonial home in the vibrant community of Lakewood!...	4 beds \| 4 baths \| 1,787 sq.ft.	$475,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 4.48% Airbnb Rental Income: $1561 Traditional Rental Income: $2864 Airbnb ROI: 0.54% Traditional ROI: 4.48%
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: -3.88% Traditional cash on cash: -5.8% Airbnb Rental Income: $1139 Traditional Rental Income: $561 Airbnb ROI: -3.88% Traditional ROI: -5.8%
12029 Clifton Boulevard unit: 101 #101 Lakewood, OH Great place at a great price!! 2-bedroom Lakewood Condo in the heart of Lakewood/Clifton N...	2 beds \| 2 baths \| 836 sq.ft.	$90,000	Airbnb cash on cash: -4.11% Traditional cash on cash: -4.59% Airbnb Rental Income: $1139 Traditional Rental Income: $718 Airbnb ROI: -4.11% Traditional ROI: -4.59%
12224 Clifton Boulevard Lakewood, OH Classic Lakewood two-family located on Clifton Boulevard, offering substantial long-term v...	10 beds \| 4 baths \| 4,468 sq.ft.	$325,000	Airbnb cash on cash: -2.18% Traditional cash on cash: 2.75% Airbnb Rental Income: $566 Traditional Rental Income: $1789 Airbnb ROI: -2.18% Traditional ROI: 2.75%
17426 Woodford Avenue Lakewood, OH Welcome home to this delightful 4-bedroom Lakewood home which blends charm, convenience, a...	4 beds \| 1 baths \| 2,016 sq.ft.	$324,900	Airbnb cash on cash: 0.67% Traditional cash on cash: 2.19% Airbnb Rental Income: $1561 Traditional Rental Income: $1576 Airbnb ROI: 0.67% Traditional ROI: 2.19%
2196 Wascana Avenue Lakewood, OH Come see this charming Duplex in the Heart of Lakewood, Ohio! This delightful duplex offer...	4 beds \| 2 baths \| 2,104 sq.ft.	$310,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 4.15% Airbnb Rental Income: $1561 Traditional Rental Income: $2141 Airbnb ROI: 0.62% Traditional ROI: 4.15%
12900 Lake Avenue unit: 407 #407 Lakewood, OH Come into this spacious two-bedroom, one-bath suite located in the vibrant Carlyle communi...	2 beds \| 1 baths \| N/A	$259,000	Airbnb cash on cash: -2.81% Traditional cash on cash: 1.92% Airbnb Rental Income: $1139 Traditional Rental Income: $1918 Airbnb ROI: -2.81% Traditional ROI: 1.92%
2204 Lewis Drive Lakewood, OH Charming Duplex in the Heart of Lakewood, Ohio Welcome to your new home in the vibrant com...	4 beds \| 2 baths \| 1,848 sq.ft.	$375,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 3.61% Airbnb Rental Income: $1561 Traditional Rental Income: $2029 Airbnb ROI: 1.01% Traditional ROI: 3.61%
12520 Edgewater Drive unit: 801 #801 Lakewood, OH Enjoy Gold Coast Living with Lake Views! Welcome to this bright and spacious 2-bedroom, 2-...	2 beds \| 2 baths \| 1,193 sq.ft.	$119,000	Airbnb cash on cash: -8.57% Traditional cash on cash: -6.45% Airbnb Rental Income: $1139 Traditional Rental Income: $1003 Airbnb ROI: -8.57% Traditional ROI: -6.45%
12550 Lake Avenue unit: 1501-1507 #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.	$249,900	Airbnb cash on cash: -13.83% Traditional cash on cash: -8.52% Airbnb Rental Income: $928 Traditional Rental Income: $1836 Airbnb ROI: -13.83% Traditional ROI: -8.52%

Real Estate investment in Lakewood, OH

There are 80 properties for sale in the city of Lakewood . The median list price in Lakewood is $347,400 and the average price per square foot is $184. In September 2025, the average monthly cash on cash return in Lakewood is 4.00%. The average monthly rental income in Lakewood is $2,045.

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

There are 80 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 $2,045.

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.

$154,900

Airbnb cash on cash: -4.47%

Traditional cash on cash: 5.47%

Airbnb Rental Income: $1139

Traditional Rental Income: $2233

Airbnb ROI: -4.47%

Traditional ROI: 5.47%

11915 Franklin Boulevard

Lakewood, OH

2 beds | 1 baths | 974 sq.ft.

$255,000

Airbnb cash on cash: 0.11%

Traditional cash on cash: 3.85%

Airbnb Rental Income: $1139

Traditional Rental Income: $1663

Airbnb ROI: 0.11%

Traditional ROI: 3.85%

13214 Merl Avenue

Lakewood, OH

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

$385,000

Airbnb cash on cash: 0.16%

Traditional cash on cash: 2.74%

Airbnb Rental Income: $1561

Traditional Rental Income: $2045

Airbnb ROI: 0.16%

Traditional ROI: 2.74%

1603 Cohassett Avenue

Lakewood, OH

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

$359,000

Airbnb cash on cash: -2.24%

Traditional cash on cash: 3.63%

Airbnb Rental Income: $566

Traditional Rental Income: $2261

Airbnb ROI: -2.24%

Traditional ROI: 3.63%

2012 Marlowe Avenue

Lakewood, OH

4 beds | 3 baths | 2,160 sq.ft.

$359,900

Airbnb cash on cash: 0.14%

Traditional cash on cash: 4.16%

Airbnb Rental Income: $1561

Traditional Rental Income: $2469

Airbnb ROI: 0.14%

Traditional ROI: 4.16%

1542 Westwood Avenue

Lakewood, OH

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

$427,500

Airbnb cash on cash: -1.76%

Traditional cash on cash: 4.02%

Airbnb Rental Income: $566

Traditional Rental Income: $2596

Airbnb ROI: -1.76%

Traditional ROI: 4.02%

2115 Lewis Drive

Lakewood, OH

4 beds | 2 baths | 2,288 sq.ft.

$380,000

Airbnb cash on cash: -0.09%

Traditional cash on cash: 2.83%

Airbnb Rental Income: $1561

Traditional Rental Income: $2150

Airbnb ROI: -0.09%

Traditional ROI: 2.83%

1451 Rockway Avenue

Lakewood, OH

4 beds | 3 baths | 2,596 sq.ft.

$419,900

Airbnb cash on cash: 0.22%

Traditional cash on cash: 4.47%

Airbnb Rental Income: $1561

Traditional Rental Income: $2784

Airbnb ROI: 0.22%