Akron OH Multi Family for Sale
$224,900
642 E Wilbeth Road Akron, OH 44306
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.25 Acres
- Year built:
- 1930
- Baths:
- 4.00
- MLS#:
- 5059240
- Subdivision:
- Wilbeth Road Allotment
ADDITIONAL INFORMATION
Great Investment Opportunity: Well-maintained 4-unit Brick apartment building with a solid rental history and full occupancy. This property generates $2,850 in gross monthly income, with long-term tenants on month-to-month leases and one newer tenant secured through 5/31/25. The roof is approximately 12 years old with a single layer, and the boiler was replaced in 2007, reducing potential maintenance costs. Each unit comes equipped with seller-owned refrigerators, stoves, and window air conditioners. Tenants enjoy the convenience of a covered 4-car carport and additional parking off the circular driveway. Located close to public transportation and freeway access, this property offers strong rental appeal. Owner covers all utilities, lawn care, and common area maintenance, with expenses averaging $800 per month.
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Akron Real Estate
The median home value in Akron, OH is $66,600. This is lower than the county median home value of $132,400. The national median home value is $219,700. The average price of homes sold in Akron, OH is $66,600. Approximately 44.23% of Akron homes are owned, compared to 42.58% rented, while 13.2% are vacant. Akron real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Akron real estate agent to arrange a tour today!
Akron, Ohio 44306 has a population of 198,252. Akron 44306 is less family-centric than the surrounding county with 17.98% of the households containing married families with children. The county average for households married with children is 27.26%.
The median household income in Akron, Ohio 44306 is $36,223. The median household income for the surrounding county is $53,291 compared to the national median of $57,652. The median age of people living in Akron 44306 is 36.7 years.
Akron Weather
The average high temperature in July is 83 degrees, with an average low temperature in January of 21.6 degrees. The average rainfall is approximately 39.2 inches per year, with 46.6 inches of snow per year.