Lakewood Homes under $400,000

Welcome to Lakewood, Ohio – a vibrant and charming city located in Cuyahoga County, just a stone's throw from the bustling metropolis of Cleveland. Known for its rich history, diverse community, and stunning views of Lake Erie, Lakewood offers a unique blend of suburban tranquility and urban convenience. With tree-lined streets, beautiful parks, and a strong sense of community, it's no wonder that many are drawn to this delightful city.

Lakewood boasts a variety of homes that cater to different lifestyles and budgets, including a fantastic selection of properties priced under $400,000. Whether you’re a first-time homebuyer, a growing family, or someone looking to downsize, you’ll find an array of charming bungalows, spacious single-family homes, and modern townhouses that fit your needs.

The local real estate market is thriving, with homes that showcase Lakewood's architectural diversity, from classic Craftsman-style homes to contemporary designs. With a focus on community living, residents enjoy easy access to local shops, cafes, and restaurants, as well as a variety of recreational activities, including parks, bike paths, and cultural events throughout the year.

Living in Lakewood means being part of a close-knit community that values connection and collaboration. With excellent schools, friendly neighbors, and a welcoming atmosphere, it’s the perfect place to call home. Explore your options today and discover the charm of Lakewood – where your dream home awaits!

Newest Lakewood Homes under $400,000

$299,990

2 Beds ⋅ 2 Baths ⋅ 5249502 MLS

Lake Erie sunsets, every single day. Watch the sun sink into Lake Erie from the 14th floor of The Carlyle, set on Lakewood's coveted Gold Coast. Unit #1414 offers true one-level living with the luxury amenities that make The Carlyle a destination of its own. Forget the closed-off kitchen. This open floor plan flows from a remodeled kitchen with granite counters and stainless steel appliances to a café bar that seats six, a dining area, and a living room framed by sweeping western lake views. Newish (2025) energy-efficient windows and slider open to a 20' x 5' private balcony, your front-row seat for golden hour. The home features two bedrooms and two full baths, highlighted by a $45K primary bath renovation, taken to the studs and rebuilt with expert craftsmanship and timeless finishes. Additional updates include fresh interior paint throughout and new laminate flooring in the hall and both bedrooms. The monthly maintenance fee covers all utilities except electric, internet, and cable. Practical perks include a heated attached garage with one assigned space, a self-service car wash bay with vacuum, and a private storage locker. Life at The Carlyle: 24-hour reception, desk, and security; on-site management and maintenance; indoor and outdoor pools; fitness center, sauna, and hot tub; racquetball court; billiards/game room; business center; salon; grills; bike storage; laundry room; two party rooms for rent; monthly resident social events; the Boardwalk Neighborhood Market deli and store; and the upscale Summer Place Restaurant, with panoramic views of Lake Erie and downtown Cleveland. Drive times: Lakewood Park - 1 mile / 5 minutes; Edgewater Beach - 2.5 miles / 7 minutes; Downtown Cleveland - 6 miles / 15 minutes.

12900 Lake Avenue Unit 1414, Lakewood

$153,900

1 Beds ⋅ 1 Baths ⋅ 5248734 MLS

Welcome to 12900 Lake Ave #216, a beautifully updated 1-bedroom, 1-bath condo located in one of Lakewood’s most desirable buildings. Step inside to a spacious, modern entryway that opens into a bright and airy layout where the kitchen, dining area, and living space flow together seamlessly. The kitchen features newer stainless steel appliances, granite countertops, and ample cabinet space. The entire unit is enhanced with new LVP flooring, creating a clean and contemporary feel throughout. Large newer windows and sliding glass doors, replaced by the building within the past two years, fill the space with natural light and lead you to a generous private patio just off the living room. The bathroom is well maintained, and the bedroom, with a walk-in closet, offers cozy comfort with plenty of sunlight and space for a restful retreat. This well-managed building offers outstanding amenities, including a shared laundry facility, a fully equipped fitness center, a recreation room with pool tables, table tennis, and games, plus an indoor and outdoor pool, and hot tub for relaxation. There is also a convenient on-site store and restaurant for added ease. Ideally located near Lakewood’s shops, dining, parks, and access to the lake, Unit #216 offers modern living with exceptional convenience in a vibrant community. Parking spot 065 and storage locker B10 #24

12900 Lake Avenue Unit 216, Lakewood

$289,900

4 Beds ⋅ 1 Baths ⋅ 5248162 MLS

Charming 4-bedroom Colonial in Western Lakewood with all the heavy lifting already done! Features include a newer high-efficiency furnace, central A/C, roof, vinyl replacement windows, and updated electric. All appliances stay for a seamless move. Highlights include an impressive 2-car garage and a fantastic backyard designed for outdoor entertaining. Walkable to Lakewood’s best dining, shopping, and parks. Truly a rare find—schedule your showing today before it's gone!

1238 Webb Road, Lakewood

$399,900

6 Beds ⋅ 2 Baths ⋅ 5248193 MLS

Welcome to 2024 and 2026 Carabel Avenue, a classic Lakewood all brick double with plenty of space, character and excellent investment potential. Ideally situated in a highly walkable neighborhood, this well-maintained duplex offers two spacious units with nearly identical layouts and an abundance of natural light throughout. Each unit features three bedrooms and a full bathroom with a flexible floor plan created by a rear addition that expanded both units. The bedroom arrangement provides versatility for a variety of living situations and could also accommodate an office or additional flex space. The first-floor unit features a beautiful kitchen with granite countertops and stainless-steel appliances, while both units include their own full complement of kitchen appliances. Each unit has its own washer and dryer in the basement that remain with the property as well. The home's all brick exterior, full basement, detached two car garage, spacious yard and private rear outdoor area add to its functionality and long-term appeal. With two separate units, individually equipped laundry and a location surrounded by Lakewood's restaurants, shopping, parks, schools and everyday conveniences, this is an opportunity to own a property with both immediate usability and significant rental income potential. Whether you're an investor looking to add a well-located duplex to your portfolio or an owner occupant looking to offset your housing costs with rental income, 2024-2026 Carabel Avenue offers the space, location and flexibility to make the numbers work.

2024 Carabel Avenue, Lakewood

$199,900

3 Beds ⋅ 1 Baths ⋅ 5247938 MLS

Lakewood. Fix and flip or sweat equity opportunity awaits new owner. Wood floors, decorative fireplace, dual staircase in this 3 BR. Garage much newer than home. Central air. Fenced yard offers privacy. Appliances stay. Very walkable Lakewood location. This would make a great winter project for the savvy investor. Due to condition owner seeks cash as is sale. Opportunity is knocking, will you answer?

1333 Nicholson Avenue, Lakewood

$360,000

4 Beds ⋅ 2 Baths ⋅ 5247450 MLS

Welcome to 2120 Richland Avenue, a beautifully updated 3-bedroom, 1.5-bath colonial in the heart of Lakewood! This charming century home blends original character with thoughtful modern updates, including gorgeous hardwood floors, classic architectural details, and an inviting covered front porch. The bright, updated kitchen features crisp white cabinetry, stone-look countertops, stainless steel appliances, tile backsplash, and plenty of workspace. The main level offers spacious living and dining areas, while upstairs you’ll find three comfortable bedrooms and an updated full bath. Need even more space? The finished third-floor bonus room provides flexible space for a home office, playroom, workout area, or additional living space. Recent improvements include updated attic electrical and insulation in 2024, a replaced third-bedroom ceiling in 2025, and a cosmetically updated half bath in 2026; the windows, A/C, and furnace are noted as 2019. Outside, enjoy a covered front porch, fenced backyard, driveway, and detached two-car garage. Conveniently located near Madison Park, dining, shopping, and I-90, this Lakewood home offers character, updates, space, and an ideal location all in one!

2120 Richland Avenue, Lakewood

$389,900

4 Beds ⋅ 3 Baths ⋅ 5247902 MLS

Don't miss your opportunity to get this meticulously renovated home in Lakewood! Lakewood is one of the premier West-Side Cleveland communities. This home is conveniently located just minutes to the highway and many shops and restaurants. The home boasts many upgrades including a new furnace, AC, garage and driveway blocks, windows and glass blocks throughout the house and flooring and paint. The original hardwood floors have been brought back to life throughout the house, and the kitchen and baths have been finished with lifeproof luxury vinyl plank flooring. With a newer roof (approximately 3 years) and a dry foundation this home is the perfect turn-key family home. A large master bedroom and bathroom has been created upstairs with a huge walk in closet and a walk out upstairs balcony. A second full bath and bedroom are also located on the upper level. This home wont last long, so come schedule a viewing!!

1567 Coutant Avenue, Lakewood

$209,900

1 Beds ⋅ 1 Baths ⋅ 5245605 MLS

#1506 - Move right into this newly remodeled suite offering expansive, stunning Lake Erie water and downtown city skyline views from your private balcony. Enjoy luxury vinyl plank floors throughout, a modern kitchen with stainless steel appliances, and granite countertops, along with the newly refreshed bathroom. Ample closet space. Monthly maintenance fee includes heat, A/C, water, and sewer. Electric and cable are separately metered. One underground assigned heated garage space and one storage locker included. The Carlyle offers a full complement of amenities, including 24/7 reception/security, on site management and maintenance, indoor and outdoor swimming pools, sauna, hot tub, well-equipped fitness center, laundry room, two car wash bays, billiards/game room, guest suite, two party rooms (one is currently undergoing a beautiful redesign), rental garden plots in the summer, Carlyle House of Beauty and Wellness, Boardwalk Neighborhood Market and Summer Place Restaurant (outdoor patio coming soon) all designed to enhance comfort, convenience, and a strong sense of neighborhood connection. Experience the vibrant Lakewood community with nearby parks, restaurants, and cultural attractions just minutes from your door. Imagine yourself enjoying every moment in this beautiful condo—schedule a private showing today and start making memories in your perfect Lakewood retreat.

12900 Lake Avenue Unit 1506, Lakewood

$349,900

4 Beds ⋅ 2 Baths ⋅ 5247052 MLS

Welcome to 2021 Lewis Dr in Lakewood! Lovingly maintained by the same owner for 40 years, this home has been truly cared for and thoughtfully updated along the way. Inside, you’ll find an open floor plan on the second floor along with a finished attic that gives you plenty of extra flexibility for an office, guest room, or additional living space. Out back, the enclosed yard and rear porch offer a great space to relax or entertain. Over the years, the seller has continued to make updates including fresh interior paint in 2026, exterior paint in 2025, a new upstairs oven and refrigerator in 2025, central air added in 2019, furnaces and electrical panels updated in 2018, plus a finished attic and repaved rear drive. And of course, you can’t beat the location! Tucked on a quiet, well-maintained street while still being within walking distance to coffee shops, restaurants, the library, parks, and everything else Lakewood has to offer!!!

2021 Lewis Drive, Lakewood

12520 Edgewater Drive Unit 901, Lakewood

$145,800

2 Beds ⋅ 2 Baths ⋅ 5245070 MLS

Marine Towers East | Unit 901 — Lakewood's Gold Coast Live where Cleveland's rock and roll history was written. This 2-bedroom, 2-bath high-rise condo at Marine Towers East was once home to Jane Scott, the legendary Plain Dealer rock critic known as "The World's Oldest Rock Critic," who covered everyone from the Beatles to Bruce Springsteen during her five-decade career and helped bring the Rock and Roll Hall of Fame to Cleveland. She lived out her days right here on Lakewood's Gold Coast. Unit 901 offers rare views: west for a view of the lake, and south for a sweeping vantage over Lakewood and the west side of Cleveland. At 1,193 square feet, the layout gives you room to spread out, and the building takes care of the rest. Marine Towers East residents enjoy an impressive amenity package included in the monthly association fee: heat, air conditioning, water, sewer, and trash, plus laundry on every floor. The building features a heated parking garage, secure entry, a lobby and mail room, a secure package room, and shopping carts for carrying groceries in from the car. Outside, residents have access to a rooftop deck with panoramic lake and skyline views, an outdoor pool, picnic and grilling areas, a penthouse party room for entertaining, a pet-friendly dog run, and even a guest room available for a modest rental charge on the first floor of the building. The location is what really sets this condominium apart. You're steps from public transit and an easy bike ride to Lakewood Park and Edgewater Park along the lakefront. Downtown Cleveland is minutes away, and you're surrounded by some of the best dining on both the west side and downtown, with Pier W and Summer Place a short walk away, and Gordon Square's restaurants and arts scene just a short drive down Lake Road. A rare chance to own a piece of Cleveland music history with front-row seats to the lake and everything wonderful the west side has to offer.

12520 Edgewater Drive Unit 901, Lakewood

$115,000

1 Beds ⋅ 1 Baths ⋅ 5245758 MLS

Welcome to 12700 Lake Ave #411 and maintenance-free living at Winton Place, a desirable Lakewood community offering an exceptional collection of amenities and a wonderful location near the beautiful shores of Lake Erie. Residents enjoy 24/7 reception and security, on-site management and maintenance, an indoor heated swimming pool, sauna, and outdoor patio with gas grills and a fire pit area, all complemented by spectacular views of Lake Erie and downtown Cleveland. Additional amenities include tennis and pickleball courts, a fitness center, party room with a wet bar, game room, conference room, and guest suite. Inside the unit, a large living room window fills the space with natural light, creating a bright and inviting atmosphere. The functional kitchen offers ample cabinetry, green-toned countertops, a crisp white subway tile backsplash, range, and refrigerator. A stylish barn door leads to the cozy bedroom, while a walk-in closet and full bathroom complete the living space. Beyond the building’s impressive amenities, enjoy a convenient Lakewood location close to Lakewood Park, Edgewater Park, local restaurants, shopping, and entertainment, with downtown Cleveland just minutes away. Come experience the ease, convenience, and lifestyle that Winton Place has to offer! Call us today to schedule time to see it.

12700 Lake Avenue Unit 411, Lakewood

$360,000

4 Beds ⋅ 2 Baths ⋅ 5245185 MLS

Welcome to 13519 Merl Ave! This traditional 2,082-square-foot duplex is situated on a quiet, tree-lined street in one of Northeast Ohio's most sought-after markets. Featuring a total of 4 bedrooms and 2 full bathrooms (2 beds and 1 bath per unit), this property is an exceptional find for investors looking to expand their portfolio or buyers seeking a smart house-hacking opportunity! Each unit delivers a spacious, functional layout enhanced by classic Lakewood charm, original woodwork, and generous living and dining areas. The kitchens offer updated cabinetry and counters, while updated bathroom fixtures provide clean, modern convenience. A full basement provides laundry facilities and ample storage. Outside, the property offers off-street parking. Situated steps away from Lakewood’s schools, local parks, and the vibrant dining and shopping scenes.

13519 Merl Avenue, Lakewood

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