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1497 Coutant Avenue, 
Lakewood, OH 44107

$600,000


8

Beds


4

Baths


4,000

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Armani Adames

RE/MAX Above & Beyond

440-546-1313

Last updated:

July 19, 2026, 02:18 PM

MLS#

5227228

Source:

OH NORMLS

About This Home

1497 Coutant Avenue

Attention investors! Don’t miss this outstanding investment opportunity in the highly desirable city of Lakewood. This fully occupied Quad features four 2 bedroom, 1 bathroom apartments and is currently generating $5,025 per month in rental income, providing immediate cash flow from day one. Whether you’re looking to expand your rental portfolio or purchase a stable, income producing asset in one of Northeast Ohio’s strongest rental markets, this property checks all the boxes. With all units occupied, you’ll benefit from consistent rental income while enjoying the long-term appreciation potential that Lakewood continues to offer. Includes a second building with a four car garage and an expansive unfinished space above, potential for another 2 or 3 bedroom unit! Conveniently located near shopping, restaurants, parks, and major highways, this turnkey quadruplex is an excellent addition to any investor’s portfolio. *Must be sold with 11713 Nelson Ct, as these two parcels have been combined* Opportunities like this in Lakewood don’t come around often, submit your offer today!

Home Facts

Multi-Family

4 Baths

8 Bedrooms

Built in 1916

Price Summary

600,000

$150 per Sq. Ft.

MLS #:

5227228

Last Updated:

July 19, 2026, 02:18 PM

Added:

4 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

4,000 Sq. Ft.


Structure

Structure

Building Area:

4,000 Sq. Ft.

Year Built:

1916


Lot

Lot Size (Sq. Ft):

11,639


Finances & Disclosures

Finances

Price:

$600,000

Price per Sq. Ft:

$150 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.