$1,999,900
About this home
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 details
- MLS
- NOWDD
- MLS #
- 5240505
- Property type
- Apartment
- Subdivision
- Henry Beach Sub
- Status
- Active
- Days on market
- 41
- On market date
- August 30, 2026
- Stories
- 4
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 0.2149 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 188
- Student:teacher ratio
- 10.4:1
- District
- Hope Academy Northwest Campus
- Enrollment
- 464
- Student:teacher ratio
- 15.0:1
- District
- Lakewood City
- Enrollment
- 187
- Student:teacher ratio
- 37.4:1
- District
- Lake Erie International High School
Walkability
Blended score for Lakewood's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.
Market position
How this listing compares to current activity in Lakewood, from live MLS data.
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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 7 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.