Multifamily Property for Sale in Lakewood, OH

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Lakewood, OH 44107
  • Size: 19,796 SF
  • Year built: 1924

Description

Located in the desirable west end of Lakewood, Webb Hall offers an investment opportunity featuring 37 apartments with historic character and timeless appeal. The building has been carefully maintained to highlight its original charm while providing comfortable living spaces in a highly sought-after neighborhood. Residents enjoy a prime location within walking distance of shopping, dining, and entertainment, further enhancing the property’s long-term value. Webb Hall includes ten studio units and twenty-seven one-bedroom units, each reflecting the building’s classic architecture. With its blend of historic charm, strong rental demand, and prime Lakewood setting, Webb Hall presents a rare chance to invest in a property that combines character, convenience, and enduring appeal.

Market Context

This multifamily in Lakewood, OH is listed for sale across 19,796 SF. The building dates to 1924. It has been on the market for 143 days. Compare it against other multifamily listings for sale in Lakewood, OH — <a href="/search/sale/multifamily/ohio/lakewood">view the full market</a>.

As of Q4 2025, the Denver multifamily market showed cap rates around 5.3%. Source: Consensus Q4 2025 market report.

Multifamily market FAQ

What is the typical cap rate for multifamily in Denver?
About 5.3% as of Q4 2025, per Consensus.

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