1603 Cohassett Avenue
Lakewood, OH 44107

$359,000

Beds: 5
Baths: 2
Number of Units:
Type: Multi-Unit Residential
Listing #5139941
Welcome to this charming duplex in Prime Lakewood Location - Upper Unit is move-in or rent ready. This well-maintained property is brimming with timeless character boasting modern updates and is located on a quiet tree lined streets in one of Lakewood's most desirable locations. The lower unit is currently occupied by a long-term tenant, providing immediate rental income of $1,500/month. The upper unit is vacant and rent ready for the savvy investor or move-in ready for those looking to owner occupy. Each unit, featuring spacious rooms, fresh paint (upper unit), and beautiful hardwood floors throughout. With two bedrooms (upper unit) and three bedrooms (lower unit), a full bath, a large living room, and dining room with built-ins, this house offers all the charm of a vintage home with the convenience of modern living. Each unit includes separate entrances, utilities, and access to a shared basement with washer/dryer and ample storage. A large front porch and backyard offer inviting outdoor spaces, while off-street parking adds additional convenience. The unfinished third floor, offering incredible potential for added cash flow and/or an expanded upper unit to a two-story suite. Fantastic location just minutes from Birdtown, downtown Lakewood, parks, shopping, dining, and quick access to I-90. Great opportunity to own in one of Northeast Ohio's most desirable markets!
Property Features
Location Information
County: Cuyahoga
Latitude: 41.478876
Longitude: -81.778701
Subdivision: Schatzinger & Cotabish Sub
Directions: Madison Ave, south on Cohassett Ave
Interior Features
Full Baths: 2
Heating: Forced Air, Gas
Cooling: Wall/Window Unit(s)
Laundry: Common Area
Appliances: Dryer, Range, Refrigerator, Washer
Basement Description: Common Basement, Full
Has Basement: Yes
Exterior Features
Construction/Exterior: Vinyl Siding
Possession: Delivery Of Deed
Water / Sewer: Public Sewer
Water: Public
Parking Description: Detached, Garage, Paved
Has Garage: Yes
Garage Spaces: 2
Fencing: Partial
Has a Pool: Yes
Lot Size in Acres: 0.138
Buildings: 2
Has Waterfront: No
Additional Information
Roof/Attic: Asphalt, Fiberglass
Property Type: RI
Property SubType: Duplex
Property SubType 2: Residential Income
Year Built: 1920
Status: Active


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Listing courtesy of Keller Williams Greater Metropolitan 216-839-5500
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MLS Now (Yes MLS) data last updated at August 14, 2025, 8:35 PM ET