12015 Clifton Boulevard, Lakewood, OH 44017 (MLS # 5240505)

Price $1,999,900
Status Active
Size 21,308 sqft
Lot Size 9,362 sqft
Days on Market 1
A rare opportunity to own an 18-unit apartment building at 12015 Clifton Boulevard, one of Lakewood's most desirable and convenient locations. Just minutes from Edgewater Park, Downtown Cleveland, and Lake Erie, residents enjoy walkable access to public transit, local shops, and popular dining destinations. The property is currently producing income and features modest upgrades while maintaining its original Lakewood character. Many units include refinished hardwood floors, fresh paint, and kitchen and bath improvements with newer appliances in several suites. The building also offers on-site coin laundry for additional income, a new boiler system, and many plumbing and electrical upgrades throughout. While the building is in average overall condition, it provides flexibility for a range of investment strategies "” whether kept as a steady turnkey property or renovated into a luxury or boutique apartment community. The rear lot also provides room to add 5+ parking spaces, a valuable feature in this part of Lakewood. A strong investment opportunity in one of Greater Cleveland's most established and high-demand rental corridors, offering location, character, and potential for future growth.
Property Type(s): Commercial
Last Updated 8/30/2026 Tract Henry Beach Sub
Year Built 1925 County Cuyahoga

Additional Details

AIR Other, Window Unit(s)
AIR CONDITIONING Yes
BASEMENT Full, Storage Space, Walk-Out Access, Yes
HEAT Hot Water, Natural Gas, Radiant, Steam
LOT 9361 sq ft
PARKING Additional Parking, On Street
SEWER Public Sewer
STORIES 3
SUBDIVISION Henry Beach Sub
TAXES 38182
WATER Public

Location

 

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Listing provided by: Hannah Pannetti | 216-403-2447, Keller Williams Citywide, hpannetti@kw.com, 216-403-2447

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than Ben Schafer Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).

Listing information is deemed reliable, but not guaranteed.

Data Last Updated: 8/31/26 12:15 AM PDT


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