Investor special! This triplex offers an exceptional value-add opportunity in a desirable Mansfield location within Madison Schools. Built in the 1950's, the property consists of three spacious units: Unit 1 (upper front): 2 bed / 1 bath; Unit 2 (lower front): 2 bed / 1 bath; Rear Unit: 3 bed / 1 bath. The front house is currently rented to one long-term tenant who occupies both the upper and lower units, creating a unique opportunity for the new owner to increase cash flow by renting them separately. The rear unit is also occupied, providing immediate rental income. Recent updates and improvements include: Newer roofs (<5 years) , New windows in the front house (< 5 years), Professional exterior waterproofing on the front house (2022), Bathroom remodel in the back house (2024). The home sits on a corner lot with off-street parking and close to shopping, parks, and highway access. SOLD AS IS, conventional or cash buyers only. Add this to your portfolio today! Agent is co-owner.
This is a 3 unit multi property. The brick in front has 2 units, 1 up and 1 down, with 2 bedrooms and 1 bath in each unit. First floor unit is currently rented, owner is working on unit 2. The back unit is separate and has 3 bedrooms, 2 baths and is currently rented. Utilities are separate in each unit with the exception of water which the owner pays. Located in Madison School District.
MARMLS #9016185
May 4, 2012
Sold
$40,000
Apr 11, 2011
Listed
$75,000
CBRMLS #2724064
May 7, 2008
Listing Removed
—
May 18, 2007
Listed
$134,900
CBRMLS #2638117
Jan 29, 2007
Listing Removed
—
Jul 28, 2006
Listed
$149,900
CBRMLS #2619894
Oct 25, 2006
Listing Removed
—
Apr 24, 2006
Listed
$169,900
Public Records
Jul 29, 2005
Sold
$118,450
Public Records
Jun 5, 2000
Sold
$210,000
Year
Property tax
Land + Additions
Assessment*
2025
$2,011
$6,830 + $41,860
$48,690
2024
$2,012 (+0.2%)
$6,830 + $41,860
$48,690
2023
$2,008 (+58.6%)
$6,830 + $41,860
$48,690
2022
$1,266
$6,110 + $22,090
$28,200
2021
$1,266 (−1.0%)
$6,110 + $22,090
$28,200
2020
$1,278 (+6.6%)
$6,110 + $22,090
$28,200
2019
$1,200 (+0.9%)
$5,180 + $18,720
$23,900
2018
$1,188 (+2.0%)
$5,180 + $18,720
$23,900
2017
$1,165 (+72.0%)
$5,180 + $18,720
$23,900
2016
$677 (+2.3%)
$4,920 + $8,650
$13,570
2014
$662
$4,920 + $8,650
$13,570
Tax history for 87 Cook Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,011
$6,830 + $41,860
$48,690
2024
$2,012 (+0.2%)
$6,830 + $41,860
$48,690
2023
$2,008 (+58.6%)
$6,830 + $41,860
$48,690
2022
$1,266
$6,110 + $22,090
$28,200
2021
$1,266 (−1.0%)
$6,110 + $22,090
$28,200
2020
$1,278 (+6.6%)
$6,110 + $22,090
$28,200
2019
$1,200 (+0.9%)
$5,180 + $18,720
$23,900
2018
$1,188 (+2.0%)
$5,180 + $18,720
$23,900
2017
$1,165 (+72.0%)
$5,180 + $18,720
$23,900
2016
$677 (+2.3%)
$4,920 + $8,650
$13,570
2014
$662
$4,920 + $8,650
$13,570
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.4 Acres
Year renovated
—
Sq. Ft.
1,612
Year built
1950
Style
Multi-Family (2-4 Unit)
County
Richland County
APN
0289006307000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
Property details
Parking
Parking/Garage Information
Has Garage
# of Garage Spaces: 2
Parking Features: Asphalt
Interior
Virtual Tour
Heating & Cooling
Has Cooling
Cooling: Central Air
Room Information
Has Basement
Basement Details: Full
Unit Type 2 Information
Type: 2 Bedroom
# of Bedrooms: 2
# of Bathrooms: 1
Unit Type 3 Information
Type: 2 Bedroom
# of Bedrooms: 2
# of Bathrooms: 1
Unit Type 6 Information
Type: 3 Bedroom
# of Bedrooms: 3
# of Bathrooms: 1
Exterior
Building Information
Construction Materials: Brick, Vinyl Siding
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Multi-Family
Lot Information
Lot Size : 0.4 acre lot
Financial
Tax Information
Tax Annual Amount: $1,005.75
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Location
Schools Information
School District: Madison Local School District
Location Information
Directions: From Lexington Avenue heading toward downtown Mansfield, turn right on Cook Road, property is approximately one mile on the right.
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,612
Stories: 1.0
Lot Size: 0.4 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1950
Year Renovated: —
County: Richland County
APN: 0289006307000
Home facts updated by county records on Jul 13, 2026
Other
Listing Information
AttributionContact: 4195255525
Around this home
Schools
Madison South Elementary School
Public PreK-4 • Assigned • 1.7mi
6/10
Madison Middle School
Public 5-8 • Assigned • 3.9mi
6/10
Madison High School
Public 9-12 • Assigned • 4.2mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 96° expected this year, 17 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Mansfield, OH • 44907
Average low and high temperatures (°F)
27
15
36
22
55
35
64
43
67
49
80
62
84
67
78
60
78
56
65
45
50
37
38
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.8 hours in
June and 2.4 hours in December, placing it below the
U.S. average for solar exposure.
8.8 hrs
2.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$229,000 – $278,000
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