Set on a generous 0.32-acre lot within a dynamic urban corridor, this 1941-built duplex presents a rare blend of timeless character and forward-looking opportunity. Whether you’re seeking immediate rental income or a strategic redevelopment site, this property delivers on both fronts.
Live in part and rent the other to pay the mortgage. Lakewood development opoortunity to rent while you design the next chapter.
The existing duplex offers two separate living units, ideal for consistent income generation, the ulitmate house hack, or multigenerational living. Classic architectural elements from the 1940s add charm and authenticity, while the layout supports functional, tenant-friendly living.
Where this property truly shines is in its expansive lot size and prime positioning. With increasing demand and ongoing growth in the surrounding corridor, the site offers compelling potential for redevelopment, expansion, or reconfiguration (buyer to verify zoning and use). The deep lot provides flexibility rarely found in urban settings—perfect for those looking to maximize long-term value.
Highlights:
1941 duplex with income-producing potential
Situated on a large 0.33-acre lot
Located in a sought-after urban growth corridor
Opportunity for redevelopment, expansion, or hold as rental
Strong blend of current cash flow and future upside
A unique opportunity to secure land, location, and leverage—all in one compelling investment.