Akron OH Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
6
Lot size:
0.12 Acres
Year built:
1913
Baths:
3.00
MLS#:
5074778
Subdivision:
Kenmore Park

ADDITIONAL INFORMATION

Prime Investment Opportunity: Two Buildings on One Parcel! This unique investment property features two separate buildings on a single parcel, offering multiple rental possibilities and income potential. Perfect for investors looking for a versatile property or an owner-occupant seeking rental income. Potential to generate a Gross Monthly Income of $2,375! Key Features: Building 1 (734 & 734.5 Montana Ave.): Main Building Up & Down Duplex - 2112 sq. ft. [First Floor - 3 Bedroom, Living Room, Kitchen, 1 Bath/shower, 2 Fireplaces, Hardwired Smoke Detectors, Battery Operated CO Detectors, new (2023/24) carpet and linoleum floors/ Second Floor - (separate private entrance) 2 Bedroom, Living Room, Galley Kitchen (20" stove/refrigerator furnished), Dining Room, 1 Bath/shower, 1 Fireplace, 2 Means of Ingress, Hardwired Smoke Detectors, Battery CO Detectors, (2021) carpet and sheet vinyl floors - 9 NEW Vinyl replacement Windows Interior/ Exterior Paint/ Kitchen Countertops/ Drop Ceiling/ New Tub Surround - Mechanicals: 2 FA Natural Gas Furnaces, 2 Natural Gas 40-gal Hot Water Tanks, 2 Updated Electric Panels Murray 60 Amp Mains, 2 Separate Laundry Hookups] Building 2 (728 Montana Ave.): Second Building 2 Car Garage Loft Apartment - 500 sq. ft. [Living Room, Kitchen, 1 Bedroom, 1 Bath/shower, Hardwired Smoke Detectors, Battery CO Detectors, Copper Plumbing and CPVC, Vinyl Siding, (2022) Interior Paint, Carpet, Sheet Vinyl Flooring - Mechanicals: 1 FA Natural Gas Furnace, 1 Natural Gas 40-gal Hot Water Tank, 1 Square D Breaker Panel 60 Amp Main Copper/CPVC Plumbing] Utilities: Tenants Pay All Utilities by Separate Metering (offering ease of management and flexibility in renting) - 3 Electric, 3 Gas, 3 Water Meters (2 Demand Meters) - Natural Gas/ Electric Cooking/Heating/HWT Parking: 2 Car Garage and On/Off Street Parking Don't miss out on this opportunity to own a dual-purpose property. Contact us today to schedule a viewing and explore endless possibilities!

Type:
Duplex
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Lot size:
0.11 Acres
Year built:
1911
Baths:
2.00
MLS#:
5072790
Subdivision:
Kenmore Allotment

ADDITIONAL INFORMATION

Uncover a remarkable investment opportunity w/ a rare ability to snag not one but TWO captivating single-family homes (7 bedrooms total!) on the same property- a true gem for savvy investors seeking to expand their portfolio! This income generating property includes a front house boasting 5 bedrooms & a full bathroom while the back house offers bedrooms & a full bathroom. Expensive updates in both homes include- remodeled kitchen boasting brand new stainless appliances, new soft-close Shaker cabinets, a stylish tile backsplash, modern hardware, & an abundance of stunning, new quartz countertops, plus a new undermount sink & faucet. Both bathrooms feature new vanity, modern light fixtures, new flooring & stunning shower w/ new tile & hardware. Both houses on this property have been thoughtfully updated w/ new flooring throughout, brand new furnaces & AC units, ensuring a cozy environment year-round & reducing future maintenance costs. The new roofs overhead promise durability & peace of mind for years to come, while new vinyl replacement windows enhance energy efficiency & provide a bright, airy feel throughout the living spaces. The rear house has recently had its hot water tank replaced as well as new plumbing, new electrical wiring & new panel. The freshly painted exteriors complement the property's overall appeal. This investment also offers a spacious 2-car garage & ample driveway space, solving any parking dilemmas & adding extra value for potential renters. The lot itself & the front porches on both homes provide space for outdoor activities & relaxation. All of which, add a touch of luxury & make the units highly attractive in the rental market. Imagine the possibilities as you tap into the potential of this turn-key investment, designed to minimize initial costs & maximize returns. Act now & secure your future w/ this outstanding opportunity that's ready to generate income from day one.

Type:
Fourplex
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Lot size:
0.1 Acres
Year built:
1928
Baths:
4.00
MLS#:
5072059
Subdivision:
Kenwood

ADDITIONAL INFORMATION

Introducing a prime investment opportunity: Brick four apartment building in a convenient location, close to bus lines, shopping, and expressways. Each unit features one bedroom and one bathroom, with ample off-street parking and updated mechanicals, separate utilities for all 4 units! Currently, one unit is leased to a Section 8 tenant at $800 per month, with the potential to reach $849 per month per unit! leading to a total income potential of $3,400 monthly. The three vacant units present an ideal chance for value enhancement with some TLC. Schedule a showing today

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Andrea D. Conner, License BRKP.2017002935, Xome Inc., License REC.2015001703, [email protected], 844-400-XOME (9663), 2939 Vernon Place, Suite 300, Cincinnati, OH 45219


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Yes MLS. Real estate listings held by brokerage firms other than the owner of this site are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2024 Yes MLS. All rights reserved.



Akron Real Estate

The median home value in Akron, OH is $106,100. This is lower than the county median home value of $179,200. The national median home value is $338,100. The average price of homes sold in Akron, OH is $106,100. Approximately 44.84% of Akron homes are owned, compared to 44.88% rented, while 10.28% 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 44314 has a population of 191,483. Akron 44314 is less family-centric than the surrounding county with 18.01% of the households containing married families with children. The county average for households married with children is 26.83%.

The median household income in Akron, Ohio 44314 is $42,129. The median household income for the surrounding county is $63,111 compared to the national median of $69,021. The median age of people living in Akron 44314 is 36.8 years.

Akron Weather

The average high temperature in July is 82.6 degrees, with an average low temperature in January of 20.3 degrees. The average rainfall is approximately 38.2 inches per year, with 41.7 inches of snow per year.

Akron Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    58
    30-day change

Akron Schools and Demographics

Education near Akron, OH

Metric City County
High School Graduates 88.01 92.62
College Degree - 2 year 8.09 8.26
College Degree - 4 year 22.04 33.94
Graduate Degree 5.45 9.01
Expenditures per Student 16,948 16,948
Students per Teacher 16.1 16.1

Elementary Schools near Akron, OH

School Grades Students P/T Ratio ZIP
Colonial Prep. Academy KG - 08 231 12.1 44314
Crouse Community Learning Center KG - 06 401 14.1 44320
Firestone Park Elementary School KG - 05 420 17.5 44301
Helen Arnold Community Learning Center KG - 06 294 16 44307
Imagine Leadership Academy 01 - 06 216 18.1 44320
Lawndale Elementary School KG - 05 140 19.3 44314
Leggett Community Learning Center KG - 05 383 14.9 44311
McEbright Community Learning Center KG - 05 307 13.4 44301
Pfeiffer Elementary School KG - 05 153 11.6 44314
Rimer Community Learning Center KG - 05 251 13.5 44314
Sam Salem Community Learning Center KG - 05 234 11.8 44314
Schumacher Community Learning Cent KG - 06 429 18.7 44320
Smith Elementary School KG - 05 130 17.3 44314
Voris Community Learning Center KG - 05 355 15.3 44301

Middle Schools near Akron, OH

School Grades Students P/T Ratio ZIP
Brown Street Academy KG - 08 0 16.6 44301
Innes Community Learning Center 06 - 08 333 11 44314
Miller-South Visual Performing Arts 04 - 08 499 18.7 44307
The Next Frontier Academy 07 - 09 29 6.3 44320

High Schools near Akron, OH

School Grades Students P/T Ratio ZIP
Buchtel High School 07 - 12 841 13 44320
Garfield High School 09 - 12 751 15.8 44301
Kenmore High School 09 - 12 609 14.8 44314
Life Skills Center of Summit County 09 - 12 77 17.5 44320

Ungraded Schools near Akron, OH

School Grades Students P/T Ratio ZIP
* Akron Alternative Academy 09 - 12 289 32.8 44311
* Summit Academy Secondary - Akron 09 - 12 66 6.1 44320
Akron Academy of Excellence, the UG - UG 0 44320
Akron Opportunity Center UG - UG 89 9.7 44311

Demographics near Akron, OH 44314

Metric Zip Code City
Neighborhood Type Suburban
Population 191,483 540,567
Population Density 3,092 1,310
Median Age 36.8 41
People per Household 2.2 2.3
Median Household Income 42,129 63,111
Average Income per Capita 26,064 37,373