Lakewood Duplex With Fenced
1200 Cook Avenue Lakewood, OH 44107
1200 Cook Avenue, Lakewood, OH, 44107
$347,000
For Sale
$347,000
MULTI_FAMILY - Lakewood, OH
Property Size2,445 SF
Lot Size0.13 Acres
Price / SF$141.92
Days on Market51
Property Features for 1200 Cook Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Laundry Room, Bedroom 2, Bedroom 1, Bathroom 1, Bathroom 2, Basement, Bedroom 4
- Parking features
- Garage, Open, On Street
- 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 Agency
Keller Williams Citywide
(440) 892-2211
2001 Crocker Road, Suite 200, Westlake, OH
Listed by
Bill Calabrase · License #2016003197
(440) 823-8657
Added: May 29 Checked: Jul 18 at 6:06 am
MLS# 5212999
Listing URL
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.
This well-maintained Lakewood duplex offers two separate floors, each providing 2 bedrooms and 1 full bathroom. A third floor adds flexible space that can be used as extra living area or an additional 3rd bedroom. The property also includes a fenced-in back yard, a front porch for both units, and a roomy two-car garage.
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.
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 with 2 bedrooms and 1 full bathroom on each floor, plus a 3rd‑floor flex space/possible 3rd bedroom
- 2‑car garage plus open and on‑street parking; front porch and fenced back yard
- Roof is asphalt/fiberglass and reported by previous owner as less than 20 years old; vinyl siding and vinyl windows
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 |
2,445 SF · lease $16.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$370.3K
$324.1K – $432.1K
NOI $25,924 @ 7.0% cap · market cap 7.47%
Second Best
Apartment 5plus
$345.3K
$302.1K – $402.8K
NOI $24,170 @ 7.0% cap · market cap 6.97%
Theoretical Best
Warehouse
$1.96M
$1.71M – $2.29M
NOI $137,133 @ 7.0% cap · market cap 39.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Well-maintained duplex with two bedrooms per floor, fenced yard, and a two-car garage for two separate households.
Where is this duplex located?
The property is located at 1200 Cook Avenue Lakewood, OH.
What is the asking price?
The asking price for this property is $347,000.
What are key features of this property?
This property features: Lakewood duplex with 2 bedrooms and 1 full bathroom on each floor, plus a 3rd‑floor flex space/possible 3rd bedroom; 2‑car garage plus open and on‑street parking; front porch and fenced back yard; Roof is asphalt/fiberglass and reported by previous owner as less than 20 years old; vinyl siding and vinyl windows
