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$450,000
New Listing

1631 Waterbury Road
Lakewood, OH 44107

For Sale|Duplex|Active
7
Beds
2
Total Baths
2
Full Baths
3,347
SqFt
$134
/SqFt
1919
Built
Subdivision:
Waterbury Heights
County:
Cuyahoga
Call Now: (440) 496-7300
Is this the listing for you? We can help make it yours.
(440) 496-7300
1631 Waterbury Road1631 Waterbury Road1631 Waterbury Road1631 Waterbury Road
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Monthly Payment (Est.)

$2,053
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Rare opportunity to acquire a fully renovated Lakewood duplex offering over 3,300 square feet of living space and exceptional rental potential. Renovated in 2022, this property features updated finishes throughout, including granite countertops, stainless steel appliances, modern tile showers, and numerous mechanical improvements. The first-floor unit offers 3 bedrooms and is currently occupied on a month-to-month basis at $1,400 per month. The expansive upper unit encompasses both the second and third floors, offering 4-5 bedrooms and was previously rented for $2,100 per month, with potential for increased rental income in today's market. Whether you're looking to owner-occupy or maximize cash flow, the vacant upper unit provides immediate flexibility. Additional improvements include updated HVAC systems installed in 2018/2019. The property is Point of Sale compliant, allowing a buyer to focus on operations rather than deferred maintenance. Located in one of Northeast Ohio's most sought-after rental markets, residents enjoy easy access to Lakewood's vibrant restaurant scene, shopping, parks, nightlife, and convenient access to Downtown Cleveland. Opportunities to acquire a renovated, large-format duplex in this location are increasingly difficult to find. Ideal for investors seeking strong rental demand or owner-occupants looking to offset their mortgage with rental income. Absolutely no seller financing, no wholesale contracts, END BUYERS ONLY.

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Listing Snapshot
Price 
$450,000
Days On Site 
0 Days
Bedrooms 
7
Inside Area (SqFt) 
3,347 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.155 Acres
Year Built 
1919
MLS® Number 
5193425
Status 
Active
Property Tax 
$5,927
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 hours agoListing first seen on site
7 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.155
Direction Faces 
West
Disclosures 
Principal Is Real Estate Licensed
Garage 
Yes
Garage Spaces 
2
Levels 
Three Or More
Number Of Stories 
3
Parking 
DetachedGarage
Property Sub Type 
Duplex
Security 
Smoke Detector(s)
Sewer 
Public Sewer
SqFt Above 
3347
Water Source 
Public
Interior Features
Appliances 
DishwasherMicrowaveRangeRefrigerator
Basement 
FullUnfinished
Cooling 
Ceiling Fan(s)Central Air
Heating 
Forced Air
Interior 
Ceiling Fan(s)Crown MoldingGranite CountersNatural Woodwork
Laundry Features 
Common AreaLower Level
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Exterior Features
Construction Details 
Aluminum Siding
Exterior 
Balcony
Roof 
AsphaltFiberglass
Community Features
Financing Terms Available 
CashConventionalFHAVA Loan
School District 
Lakewood CSD (Cuyahoga)- 1817
Township 
Lakewood
Schools
School District
Lakewood CSD (Cuyahoga)- 1817
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Michael L Magno of Keller Williams Living



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2026 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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EPIQUE REALTY

Tabatha Whewell | License ID: 2003018978

+1(216) 978-7933 Tab@NEOhioRealty.com eho

IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

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