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$425,000 Just Listed
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Property Description
Great investment opportunity in the heart of Lakewood! This fully occupied duplex at 1542 Westwood Ave offers strong rental income and excellent long-term potential, all in one of the area's most desirable and walkable neighborhoods. The property features two well-sized units. One unit offers 2 bedrooms and 1 full bathroom, while the second unit includes 3 bedrooms and 2 full bathrooms, providing flexible living options that appeal to a wide range of tenants. Both units are tenant-occupied, making this a true turnkey investment with immediate income. Located just steps from Lakewood's vibrant bars, restaurants, and entertainment, this property benefits from a highly sought-after location that continues to attract renters and sustain strong demand. Whether you're expanding your portfolio or looking for a solid income-producing property in a prime location, 1542 Westwood Ave delivers both convenience and reliable returns.
Full Property Details
Full Property Details for 1542 Westwood Ave
General
- Price: $425,000
- Taxes: $5,301 (2025)
- Status: Active
- Type: Duplex
- Source: 505
- MLS ID: 5189175
- Updated: 3/18/2026
- Added to Site: Today
Interior
- Number of Rooms: 10
- Appliances: Dryer, Washer
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: In Basement
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Detached, Garage
Location
- County: Cuyahoga
- Township: Lakewood
- Subdivision: Henry Grombacher
- Driving Directions: Madison Ave to Westwood Ave
School Information
- Elem School District: Lakewood CSD (Cuyahoga)- 1817
- Midd School District: Lakewood CSD (Cuyahoga)- 1817
- High School District: Lakewood CSD (Cuyahoga)- 1817
Heating & Cooling
- Cooling Type: Other
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Aluminum Siding, Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt, Shingle
- Stories/Levels: 2
- Square Feet: 2,040
- Living Area: 2,040 Sq. Ft.
- Finished Above Grnd: 2,040 Sq. Ft.
- Year Built: 1916
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1019
- Lot Size: .1019
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $5,301
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 22 GROMBACHER 0095 ALL
- Property ID: 313-26-106
Listed by Keller Williams Greater Metropolitan, Terry Young
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Schools
Schools serving 1542 Westwood Ave
School District:Lakewood City School District
| Name | Grades | Distance |
|---|---|---|
Grant Elementary School, Lakewood, OH 1470 Victoria Avenue, Lakewood, OH 44107 | K-5 | 0.3 mi |
Harding Middle School, Lakewood, OH 16601 Madison Avenue, Lakewood, OH 44107 | 6-8 | 0.4 mi |
Lakewood High School, Lakewood, OH 14100 Franklin Boulevard, Lakewood, OH 44107 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1542 Westwood Ave
Date
Details
Price
Change
Source
3/18/2026
Listed
$425,000
66.67%
MLS
9/24/2020
Sold
$255,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1542 Westwood Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,310
—
$80,850
7%
2023
$5,310
-9%
$75,260
—
2022
$5,813
1%
$75,260
—
2021
$5,757
33%
$75,250
52%
2020
$4,343
2%
$49,630
—
2019
$4,263
2%
$49,630
—
2018
$4,194
17%
$49,630
29%
2017
$3,589
-6%
$38,570
—
2016
$3,804
7%
$38,570
—
2015
$3,565
—
$38,570
4%
2014
$3,569
1%
$37,110
—
2013
$3,532
—
$37,110
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1542 Westwood Ave
1542 Westwood Avenue, Oakwood, OH 44107 (MLS# 5189175) is a Duplex property with 4 bedrooms and 3 full bathrooms. 1542 Westwood Avenue is currently listed for $425,000 and was received on March 18, 2026. Want to learn more about 1542 Westwood Avenue? Do you have questions about finding other Duplex real estate for sale in Oakwood? You can browse all Oakwood real estate or contact a Coldwell Banker agent to request more information.

