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Property Description
Investment opportunity in the heart of Lakewood's Birdtown neighborhood. This fully occupied duplex offers immediate income with both 3-bedroom, 1-bath units currently rented at $1,400 per month, generating $2,800 in monthly income and $33,600 annually. With strong rental demand in a prime Lakewood location, this property presents an excellent opportunity for investors seeking a cash-flowing asset with upside potential. The left unit has already seen several key improvements, including new windows, a complete kitchen remodel, a complete bathroom remodel, all new flooring, fresh paint, and new drywall installed on the first floor. Whether you are looking to add to your portfolio or secure a value-add property with long-term potential, this duplex is one worth a closer look. Here's a slightly more investor-focused version too: Turnkey cash-flow opportunity in Lakewood's desirable Birdtown neighborhood. This fully occupied duplex features two 3-bedroom, 1-bath units, each currently rented for $1,400 per month, producing $33,600 in annual gross income. With strong rental demand and a sought-after location, this property offers investors immediate cash flow with additional upside through future improvements. The left unit has already been updated with new windows, a full kitchen remodel, a full bathroom remodel, all new flooring, fresh paint, and new drywall on the first floor. A solid addition to any investment portfolio, this property combines current income with value-add potential in one of Lakewood's most popular rental areas.
Full Property Details
Full Property Details for 1604 Newman Ave
General
- Price: $275,000
- Taxes: $7,161 (2025)
- Status: Active
- Type: Duplex
- Source: 505
- MLS ID: 5203363
- Updated: 4/22/2026
- Added to Site: Today
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Parking
- Parking Features: Driveway, No Garage, Unpaved
Location
- County: Cuyahoga
- Township: Lakewood
- Subdivision: Land & Home Companys 01
- Driving Directions: North of Madison Ave., south of Franklin Blvd. west of West 117th Stree, east of Ridgewood Ave. This property is located in the eastern area of Lakewood.
- Direction Faces: East
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: None
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Vinyl Siding
- Basement Desc.: Crawl Space
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Square Feet: 2,240
- Living Area: 2,240 Sq. Ft.
- Finished Above Grnd: 2,240 Sq. Ft.
- Year Built: 1898
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1644
- Lot Size: .1644
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $7,161
- Tax Year: 2025
- Terms: Cash, Conventional
- Tenant Pays: All Utilities
Disclosures and Reports
- Legal Description: 21 NEWMAN 0065 ALL
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 315-15-056
Listed by EXP Realty, LLC., Sylvia Incorvaia
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Schools
Schools serving 1604 Newman Ave
School District:Lakewood City School District
| Name | Grades | Distance |
|---|---|---|
Harrison Elementary School, Lakewood, OH 2080 Quail Street, Lakewood, OH 44107 | PK-5 | 0.4 mi |
Garfield Middle School, Lakewood, OH 13114 Detroit Avenue, Lakewood, OH 44107 | 6-8 | 0.6 mi |
Lakewood High School, Lakewood, OH 14100 Franklin Boulevard, Lakewood, OH 44107 | 9-12 | 1.1 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 1604 Newman Ave
Date
Details
Price
Change
Source
4/22/2026
Listed
$275,000
71.88%
MLS
4/17/2024
Sold
$160,000
—
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 1604 Newman Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,873
—
$75,220
82%
2023
$4,873
55%
$41,340
—
2022
$3,146
1%
$41,340
—
2021
$3,115
24%
$41,340
42%
2020
$2,511
2%
$29,120
—
2019
$2,462
—
$29,130
—
2018
$2,459
17%
$29,130
29%
2017
$2,095
1%
$22,580
—
2016
$2,081
—
$22,580
—
2015
$2,081
-17%
$22,580
-13%
2014
$2,503
1%
$26,080
—
2013
$2,477
—
$26,080
—
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 1604 Newman Ave
1604 Newman Avenue, Oakwood, OH 44107 (MLS# 5203363) is a Duplex property with 6 bedrooms and 2 full bathrooms. 1604 Newman Avenue is currently listed for $275,000 and was received on April 22, 2026. Want to learn more about 1604 Newman 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.

