This charming two-family home in a prime location offers the perfect opportunity to live comfortably and invest smartly. Leverage conventional financing to occupy one unit while renting the other, creating income or a financial safety net. Both units are flexible for short and long-term rentals.
The meticulously maintained property features a low-maintenance concrete exterior, a spacious concrete front porch, and a secure concrete garage with an additional covered porch area. Mature trees and a backyard backing onto Faurot Park provide tranquility and privacy, with easy access to park amenities.
Upper Unit (1535 Lakewood): An inviting landing area leads into an expansive living room. Relax or entertain on your private screened and covered deck. The modern kitchen with essential appliances flows into three spacious bedrooms. Two full baths offer convenience for everyone.
Lower Unit (1537 Lakewood): This unit boasts an inviting living room, perfect for entertaining, and a formal dining room with an elegant bow window. The functional kitchen is equipped with all the necessities. Two well-sized bedrooms and a full bath complete this comfortable living space.
Both units feature refinished hardwood floors and replacement windows, ensuring comfort and energy efficiency. Don't miss this chance to own prime real estate!
Sold for $275,000 on 03/11/25
$275,000
1535-1537 Lakewood Ave, Lima, OH 45805
5beds
--sqft
Multi Family
Built in 1911
-- sqft lot
$282,000 Zestimate®
$--/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 12, 2025 at 05:59am
Listed by:
Tim Stanford 419-230-2421,
Superior Plus Realtors
Bought with:
Chris Pocza, 2022007428
Cowan, Realtors
Source: WCAR OH,MLS#: 304586

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Cooling
- Central Air
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage
- Garage spaces: 2
Features
- Levels: Three Or More,Two
- Patio & porch: Covered, Deck, Porch, Screened
Details
- Parcel number: 36351201005.000
- Zoning description: Residential
- Special conditions: Fair Market
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Concrete
- Foundation: Other
- Roof: Asphalt
Condition
- Year built: 1911
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Water Connected
Community & neighborhood
Location
- Region: Lima
- Subdivision: Lakewood Subdivision
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Services availability

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