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Property Description
*10 SINGLE FAMILY HOMES AND 4 DOUBLES* Totaling 18 Doors. No Efficiencies & No 1 Bedrooms! This Incredible Opportunity is at an Attractive Cap Rate Already AND Rents are Under Market, so Grab this Opportunity to Boost Income without Investing more Money! Truly an Above Average Overall Condition as Seen by Photos. This SOLID Portfolio of Homes has Professional Management in Place and RENTS FLOWING IN! All Properties are in Excellent Locations which Offer Safety for Tenants and for the Investment, which Boasts Appreciation + Cash Flow! Locations Include LAKEWOOD (44107), PARMA (44129 and 44134), PARMA HEIGHTS (44130) and CLEVELAND'S OLD BROOKLYN NEIGHBORHOOD (44109)! Addresses are as Follows: 1578-1580 Mars Ave - Lakewood | 3111 Maplecrest Ave - Parma | 7923 Lanyard Ave - Parma | 7612 Deerfield Dr - Parma | 4804-4806 Pershing Ave - Parma | 6403 Theota Ave - Parma | 5514 Haverhill Ave - Parma | 5254 W 83rd St - Parma | 6876 Beresford Ave - Parma Hts | 5802 Northcliff Ave - Cleveland | 5013 Vandalia Ave - Cleveland | 3911 Archmere Ave - Cleveland | 4006 Archmere Ave - Cleveland Rent Roll / Financials / Additional Photos and Property Specifics are Available for Serious and Qualified Interest!
Full Property Details
Full Property Details for 1580 Mars Ave
General
- Sold For: $2,000,000
- Taxes: $40,866 (2023)
- Status: Closed
- Type: Business
- Source: 505
- MLS ID: 5089700
- Added to Site: 93 day(s) ago
Business
- Business Type: Real Estate, Residential
Location
- County: Cuyahoga
- Township: Lakewood
- Subdivision: Mars E Wagar
- Driving Directions: multiple locations. Mars Ave is by Hilliard and Mars intersection. You may use this link to easily find all on the same google map: https://maps.app.goo.gl/FGphnCRL5N7Kj4zXA
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
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 14
- Current Bldg. Use: Multi-Family, Residential, Single Family
- Year Built: 1915
- Year Built Source: See Remarks
Lot Features
- Lot Size (Acres): 1.9787
- Lot Size: 1.9787
- Lot Size Source: Assessor
- Zoning: Residential
Financial Considerations
- Tax Amount: $40,866
- Tax Year: 2023
- Terms: Cash, 1031 Exchange, Other, Private Financing Available
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: 22 WAGAR S/L 34 SP 56.76 NWP SP 72.74 NEP 0033
- Property ID: 314-02-112
Listed by EXP Realty, LLC., Ben Murphy
Sold by Keller Williams Chervenic Rlty, Brad A Miklovich
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Schools
Schools serving 1580 Mars Ave
School District:Lakewood City School District
| Name | Grades | Distance |
|---|---|---|
Grant Elementary School, Lakewood, OH 1470 Victoria Avenue, Lakewood, OH 44107 | K-5 | 0.2 mi |
Harding Middle School, Lakewood, OH 16601 Madison Avenue, Lakewood, OH 44107 | 6-8 | 0.5 mi |
Lakewood High School, Lakewood, OH 14100 Franklin Boulevard, Lakewood, OH 44107 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1580 Mars Ave
Date
Details
Price
Change
Source
9/04/2025
Sold
$2,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1580 Mars Avenue, Oakwood, OH 44107 (MLS# 5089700) is a Business property that was sold at $2,000,000 on September 04, 2025. Want to learn more about 1580 Mars Avenue? Do you have questions about finding other Business real estate for sale in Oakwood? You can browse all Oakwood real estate or contact a Coldwell Banker agent to request more information.

