1246 Cook Ave Lakewood, OH 44107
5
Beds
3
Baths
3,022
Sq Ft
4,748
Sq Ft Lot
Highlights
- 2 Car Detached Garage
- Forced Air Heating and Cooling System
- Wood Siding
- Lincoln Elementary School Rated A
About This Home
As of June 2025Prepare to be moved! Discover an outstanding investment opportunity at 1246 Cook Avenue in Lakewood—a spacious and well-maintained triplex offering 3,022 square feet of living space across three updated units. This income-generating property is perfect for investors seeking immediate returns and long-term value or owners looking to offset their mortgage with rental income.The first-floor unit features 1,306 square feet and includes two bedrooms, one full bathroom, and a versatile bonus room ideal. This unit is currently occupied by a tenant through July 1st, offering immediate rental income. The second-floor unit, also updated, includes 1,144 square feet of living space with two bedrooms, one bathroom, and a similar bonus room layout that enhances tenant appeal. This unit will be occupied by a tenant through July 10th. The third-floor unit is a charming 575-square-foot studio, complete with a full bathroom and a private top balcony—perfect for capturing rental demand from young professionals or short-term tenants. This unit's tenant has a lease in place through August 17th. The total rental income from all three units equals $3900 with ample potential for increased income over time.All three units have been thoughtfully updated with newer appliances, modern flooring, stylish vanities, and contemporary lighting. Recent improvements to the property include a newer roof and gutters (2017), a waterproofed basement with sump pump (2024), central air conditioning in units 1 and 2 (2019), and 2 newer hot water tanks (2023).Outdoor features include a partially fenced yard with a patio area for recreation, a two-car detached garage, and a paved driveway that provides ample off-street parking. Situated close to Lakewood Park and within walking distance of the city’s vibrant dining, shopping, and entertainment scene, this triplex combines excellent location, updated features, and immediate rental income —making it a smart addition to any real estate portfolio.
Last Agent to Sell the Property
Keller Williams Citywide Brokerage Email: teaminfo@edhuckteam.com 440-617-2500 License #390263 Listed on: 05/01/2025
Co-Listed By
Keller Williams Citywide Brokerage Email: teaminfo@edhuckteam.com 440-617-2500 License #2020000993
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,336
Year Built
- Built in 1920
Lot Details
- 4,748 Sq Ft Lot
Parking
- 2 Car Detached Garage
- Driveway
Home Design
- Fiberglass Roof
- Asphalt Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- 3,022 Sq Ft Home
- 3-Story Property
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- No Laundry Facilities
Listing and Financial Details
- Tenant pays for electricity, gas
- The owner pays for water
- Assessor Parcel Number 312-13-012
Similar Homes in Lakewood, OH
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/12/2025 06/12/25 | Sold | $460,000 | -1.9% | $152 / Sq Ft |
| 05/05/2025 05/05/25 | Pending | -- | -- | -- |
| 05/01/2025 05/01/25 | For Sale | $469,000 | +14.4% | $155 / Sq Ft |
| 05/11/2023 05/11/23 | Sold | $410,000 | +2.5% | $136 / Sq Ft |
| 04/02/2023 04/02/23 | Pending | -- | -- | -- |
| 03/29/2023 03/29/23 | For Sale | $400,000 | -- | $132 / Sq Ft |
Source: MLS Now
Tax History Compared to Growth
Agents Affiliated with this Home
-
Ed Huck
Seller's Agent in 2025
Ed Huck
Keller Williams Citywide
(216) 470-0802
107 in this area
1,367 Total Sales
-
Jason Clifford
Seller Co-Listing Agent in 2025
Jason Clifford
Keller Williams Citywide
(216) 470-0586
10 in this area
79 Total Sales
-
Kyle Weigand
Buyer's Agent in 2025
Kyle Weigand
Berkshire Hathaway HomeServices Lucien Realty
(216) 403-7671
1 in this area
5 Total Sales
-
Timothy Matthews
T
Seller's Agent in 2023
Timothy Matthews
Berkshire Hathaway HomeServices Professional Realty
(440) 537-0020
3 in this area
13 Total Sales
Map
Source: MLS Now
MLS Number: 5119050
APN: 312-13-012
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