1200 Cook Avenue Lakewood, OH 44107
MULTI_FAMILY - Lakewood, OH
Property Features for 1200 Cook Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 1, Laundry Room, Bedroom 1, Bedroom 2, Basement
- Parking features
- Open, On Street, Garage
- Interior features
- CeilingFans
- Exterior features
- Balcony
- Fencing
- Fenced
- Appliances
- Dryer, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 312-12-094
- Size
- 2,445 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 22 LKPK S/L 43 ALL BUT NWP
- Tax Annual Amount
- 6541
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1909
- Floors in Building
- 2
- Building materials
- VinylSiding
- Roof type
- Asphalt, Fiberglass
Listing agent Bill Calabrase License #2016003197 (440) 823-8657
Listing office Keller Williams Citywide 2001 Crocker Road, Suite 200, Westlake, OH (440) 892-2211
Listing date May 29, 2026
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Set on Cook Avenue, the home is described as convenient to retail businesses while remaining on a quiet street. The listing notes proximity to I-90, approximately 2.4 miles away. Additional improvements called out include vinyl windows and vinyl siding, and a drive described as newer.
Recent capital updates include a roof that is reported to be less than 20 years old, updated electric, furnaces from 2015, and hot water tanks from 2023. With multiple bedroom configurations and dedicated exterior amenities like the fenced yard and front porches, the layout can support straightforward owner-occupant or income-focused residential use.
Key Highlights
- Lakewood duplex built in 1909 with two bedrooms and one full bathroom on each floor
- 3rd‑floor flexible space can be used for extra living space or a 3rd bedroom
- Fenced backyard plus front porch and balcony
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.6k | $16.20 |
| − Vacancy | −$2.6k | −$1.05 |
| EGI | $37.0k | $15.15 |
| − OpEx | −$11.1k | −$4.54 |
| NOI | $25.9k | $10.60 |
