Features & Amenities

Interior

  • Total Bedrooms

    5

  • Bathrooms

    2

  • Above Grade Finished Area

    1901.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Aluminum Siding

  • Parking

    Driveway, Gravel

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

Price

  • Sales Price

    $319,900

  • Tax Amount

    $4,791

  • Sq. Footage

    2,884

  • Price/SqFt

    $110

HOA

  • Association

    No

School District

  • Elementary School

    Lakewood CSD (Cuyahoga)- 1817

  • Middle School

    Lakewood CSD (Cuyahoga)- 1817

  • High School

    Lakewood CSD (Cuyahoga)- 1817

Property Features

  • Stories

    3

  • Sewer

    None

  • Water Source

    Public

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Location

County

Cuyahoga

Elementary School

Lakewood CSD (Cuyahoga)- 1817

Middle School

Lakewood CSD (Cuyahoga)- 1817

High School

Lakewood CSD (Cuyahoga)- 1817

Listing Courtesy of Christopher A Frederick , Coldwell Banker Schmidt Realty

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Magnificent Lakewood duplex! Attention investors & owner-occupants—this exceptional property offers the best of both worlds. Beautifully remodeled first-floor unit is vacant & ready for immediate occupancy or can be rented for top market value, while the occupied second-floor unit helps offset your mortgage w/immediate rental income. This is not your typical rental property—it has been lovingly maintained & meticulously updated over the years, with true pride of ownership evident throughout. Situated in one of Lakewood's most desirable neighborhoods, this solid investment features updated kitchens w/premium quartz & granite countertops, quality cabinetry, modern finishes. Both units offer bright, sun-filled open floor plans w/updated vinyl windows, modern/spacious living areas, & timeless appeal that attracts & retains quality tenants. First-floor unit features 2 bedrooms, while the second-floor unit offers 2 bedrooms plus a finished third-floor bedroom, studio, flex space. Upstairs unit is currently leased month-to-month at $1,700 per month to a quality tenant who would like to remain. Major mechanical updates provide peace of mind, including updated basement improvements (2009), furnaces approximately 4-6 years old, hot water tanks (2014 & 2015), updated electrical service (2008), and a new PVC sewer line from the house to the street (2020). Separate gas and electric meters keep operating costs efficient, plus the washer and dryer are included. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this turnkey property is a rare opportunity in sought-after Lakewood. The vacant first-floor unit is available for showings. The occupied second-floor unit may be viewed upon acceptance of an offer.

1559 Hopkins Avenue

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The spacious lower unit showcases beautiful hardwood floors, rich natural woodwork, crown molding, a decorative fireplace, and elegant leaded glass built-ins in the formal dining room. The updated kitchen features granite countertops, ceramic tile flooring, stainless steel appliances, and ample cabinet space. The unit is completed by two comfortable bedrooms and a full bath.

The upper unit offers the same classic charm with hardwood floors, natural woodwork, and crown molding throughout the living and dining areas. The kitchen is equipped with granite countertops and appliances, while the enclosed front porch provides additional living space or a relaxing retreat. Two bedrooms and a full bath complete the unit.

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