$205,000
UNDER CONTRACT $20K PRICE DROP

87 W Cook Rd Mansfield, OH 44907

Estimated payment $1,285/month

Total Views 3,329
7 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Central Air
  • Main Floor Primary Bedroom
  • Living Room
  • Dining Room

About This Home

Great investment opportunity in Madison school district! This fully occupied triplex sits on a spacious .41-acre corner lot and includes: A front duplex (upper and lower 2-bedroom/1-bath units) and a separate rear unit featuring 3 bedrooms and 1 bath. Long-term tenants. Recent Improvements: Roof replaced less than 6 years ago New windows in the front building Exterior waterproofing (2022) Bathroom renovation in rear unit (2024) Additional highlights include ample off-street parking and close proximity to shopping, restaurants, and major routes. This property is ideal for both new and experienced investors. Conventional or Cash Buyers Only, Agent is Co-Owner. Sold As Is.

Listing Agent

Jana Riehm

The Holden Agency Brokerage Phone: 4195255525 License #2020006411 Listed on: 07/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,012

Year Built

  • Built in 1950

Parking

  • 6 Car Garage
  • Open Parking

Home Design

  • Triplex
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding
  • Lead Paint Disclosure

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • 3 Bathrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • 0.4 Acre Lot
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 0289006307000

Community Details

Overview

  • Property has a Home Owners Association
  • 3 Units

Building Details

  • Insurance Expense $946
  • Maintenance Expense $2,600
  • Trash Expense $300
  • Water Sewer Expense $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,012

Year Built

Built in 1950

Lot Details

0

Parking

6

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4
  • Directions: From Lexington Avenue heading toward downtown Mansfield, turn right on Cook Road, property is approximately one mile on the right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Structure Type: Onsite Built, Three Unit
  • Year Built: 1950
  • Attribution Contact: 4195255525
  • Special Features: UnderContract

Interior Features

  • Has Basement: Full, Other-See Remarks
  • Total Bedrooms: 7
  • Flooring: Hardwood
  • Interior Amenities: Dining Room, Eat-in Kitchen, Family Room, Living Room, Main Level Primary Bedroom

Exterior Features

  • Lot Features: City Lot
  • Disclosures: Lead Based Paint - Add. 1, Property Disclosure
  • Home Warranty: No
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Other-See Remarks
  • Foundation Details: Slab

Garage/Parking

  • Covered Parking Spaces: 6
  • Garage Spaces: 6
  • Open Parking: Yes
  • Parking Features: Asphalt, 2 Spaces, Garage
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Other - See Remarks
  • Association: Yes

Fee Information

  • Trash Expense: 300
  • Annual Water Sewer Expense: 1800

Schools

  • Junior High Dist: Madison Local School District

Lot Info

  • Lot Size Sq Ft: 17424
  • Farm Land Area Units: Square Feet
  • Parcel #: 0289006307000

Multi Family

  • Number Of Units Total: 3
  • Insurance Expense: 946
  • Maintenance Expense: 2600

Tax Info

  • Tax Annual Amount: 2011.5

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,012 $48,690 $6,830 $41,860
2023 $2,012 $48,690 $6,830 $41,860
2022 $1,266 $28,200 $6,110 $22,090
2021 $1,266 $28,200 $6,110 $22,090
2020 $1,278 $28,200 $6,110 $22,090
2019 $1,200 $23,900 $5,180 $18,720
2018 $1,188 $23,900 $5,180 $18,720
2017 $921 $23,900 $5,180 $18,720
2016 $677 $13,570 $4,920 $8,650
2015 $665 $13,570 $4,920 $8,650
2014 $662 $13,570 $4,920 $8,650
2012 $1,731 $37,820 $5,180 $32,640
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Price Changed $205,000 -4.7% --
07/16/2025 07/16/25 Price Changed $215,000 -4.4% --
07/07/2025 07/07/25 For Sale $225,000 +212.5% --
01/19/2018 01/19/18 Sold $72,000 -16.2% $45 / Sq Ft
12/04/2017 12/04/17 Pending -- -- --
10/25/2017 10/25/17 For Sale $85,900 +114.8% $53 / Sq Ft
05/04/2012 05/04/12 Sold $40,000 -49.1% $25 / Sq Ft
02/08/2012 02/08/12 Pending -- -- --
04/11/2011 04/11/11 For Sale $78,660 -- $49 / Sq Ft
Source: Mansfield Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Thompson & Hockenberry
Warranty Deed $72,000 Souther Title
Warranty Deed $40,000 Barrister Title Group
Survivorship Deed $118,450 Chicago Title
Deed $210,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $57,600 Future Advance Clause Open End Mortgage
Previous Owner $46,000 Future Advance Clause Open End Mortgage
Previous Owner $94,750 Fannie Mae Freddie Mac
Previous Owner $23,700 Stand Alone Second
Previous Owner $189,000 New Conventional
Source: Public Records

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Source: Mansfield Association of REALTORS®

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APN: 028-90-063-07-000