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2375 Sanitarium Road, 
Lakemore, OH 44312

$230,000


6

Beds


3

Baths


2,292

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Michael L Magno

Keller Williams Living

440-318-1620

Last updated:

October 9, 2026, 02:26 PM

MLS#

5249146

Source:

OH NORMLS

About This Home

2375 Sanitarium Road

Fully occupied triplex with long-term tenants in place, currently generating $3060 per month in scheduled rent. Current rents are $990, $1080 and $990, all 3 are subsidzed (some partially). Tenants pay electric; owner is responsible for gas, water, sewer and trash due to the building’s central boiler system. Interior photos are from a prior 2021 listing and are provided for general reference only. Current condition may differ due to continued tenant occupancy. The units reflect older finishes and buyers should anticipate updating and turnover work as vacancies occur. The roof was replaced in 2006, the boiler in 2007, and the windows and siding in 2010. Buyer should independently verify ages and condition of all major components. Convenient location near local schools and Lakemore Recreation Park. This is an opportunity to acquire three occupied units at an attractive per-unit basis with future value-add potential. A neighboring duplex with comparable unit square footage recently sold for $111,000 per unit, while 2375 Sanitarium is being offered at approximately $76,667 per unit. Existing leases and trailing operating statements are available for review. Please do not disturb tenants. End buyers only.

Home Facts

Multi-Family

3 Baths

6 Bedrooms

Built in 1969

Subdivision & Development:

Tract 6

Price Summary

230,000

$100 per Sq. Ft.

MLS #:

5249146

Last Updated:

October 9, 2026, 02:26 PM

Added:

13 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,292 Sq. Ft.


Structure

Structure

Building Area:

2,292 Sq. Ft.

Year Built:

1969


Lot

Lot Size (Sq. Ft):

10,641


Finances & Disclosures

Finances

Price:

$230,000

Price per Sq. Ft:

$100 per Sq. Ft.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.