Akron Ohio Multi-Family Homes for Sale

Akron Ohio Multi-Family Homes for Sale

$158,000
6 Beds 2 Baths 5080157 MLS
6-Bedroom Duplex in Prime Location! Don’t miss this rare opportunity to own a spacious 6-bedroom duplex, perfect for investors or those looking to maximize rental income! Key Features: • Income Potential: Each unit can easily rent for $1,200-$1,400 per month, with the added advantage of being Section 8 approved for guaranteed rental income at above-average rates. • Recent Upgrades: The roof is less than 10 years old, with new windows, fresh paint, and brand-new carpeting installed in 2024. Both units are equipped with new furnaces and newer Rheem hot water tanks, ensuring comfort and efficiency for years to come. • Buildable Extra Lot: The additional lot offers potential for future development, making this property even more appealing. • Stability & Community: Previous tenants enjoyed long-term stays of 11 and 17 years, showcasing the desirability of the location. • Prime Location: Conveniently situated near a school, interstate access, and a park with controlled entry, providing both tranquility and accessibility. • Community Investment: Neighboring Prentiss Park has recently received $150,000 for enhancements through the Akron Parks Challenge, promising a vibrant community space. • Educational Hub: Within one mile of the new South Performing Arts School and the Pfieffer Elementary Campus, ensuring a strong family-oriented environment. • Cultural Vibrance: Join the thriving atmosphere of Kenmore, home to popular monthly First Friday Art & Live Music events, solidifying Kenmore Blvd as Akron's Undisputed Music Row. This duplex is a fantastic investment opportunity in a dynamic and growing community. Schedule your viewing today and see the potential for yourself! Awesome potential ROI/Cap Rate! Each unit has 3 bedrooms, one bath, laundry hookups in the kitchen, a large living room, a dining room, good closet space, and private entrances. Each units has been painted, new carpet installed, new electric panels. Roof and windows are approx. 8 years

1061-1063 Harrison Avenue, Akron

Listing Courtesy of: Eric Cooper, eric.cooper@cbschmidtohio.com With Coldwell Banker Schmidt Realty

Selling Office: RE/MAX Edge Realty.

$132,600
6 Beds 2 Baths 5077515 MLS
ATTENTION ALL INVESTORS . This is potentially the best income generating property on the market, in its area. This vacant, 2 unit home is situated in the highly desired North Hill area. The very large first floor unit is a 2 bedroom, 1 full bath with approximately, 1367 square ft. This unit offers a beautiful front porch for relaxing early morning coffee or just to watch the world go by. You enter a foyer, then into an extra large living room with original hard wood floors and classic built in's around the decorative fireplace. This unit has two large bedrooms. One with dual closets and the other with much desired natural light. The massive kitchen area has abundant cabinet space, large countertop area, as well as a mud room and walk in pantry. The sizable dining room, right off of the kitchen, has beautiful hardwoods and ledge seating, with large windows offering abundant natural lighting. Walk right out the back door to private parking. Current market rent on this unit is approximately $1,000 or more. The vacant upper unit, is a beautifully remodeled, 4 bedroom, 1 bath , approximately 1,367 Square ft. money maker, that is currently on VRBO/Hostaway, has generated over $20,000 from January to July 2024. Current market rent on this unit is approximately $1300 a month or more. With the hospitals and downtown so close, you can keep it a VRBO/Hostaway unit and make more than if you rented it. This duplex has a new roof, furnace , HWT and ample private parking behind the building. Don't wait on adding this profit center to your portfolio. This investment property would make it easy on a first time investor. Live in one unit and rent or VRBO/Hostaway the other unit for the biggest profits.

775 N Howard Street, Akron

Listing Courtesy of: Jason B Terry, jasonterrysells@gmail.com With RE/MAX Crossroads Properties

Selling Office: Coldwell Banker Schmidt Realty.

$145,000
4 Beds 2 Baths 5073297 MLS
WHAT A FIND! This Craftsman-style beauty exudes historic charm and modern convenience, offering the best of both worlds! Situated on a corner lot near the highly-sought-after Highland Square district, the location lends itself to so much opportunity. Fresh paint and flooring throughout, updated appliances and plumbing, and original woodwork are just a few of the perks here! The main portion of the home is fully-functional as a single-family, featuring a gorgeous formal dining room with beamed ceilings, living room, central sitting room or office space, and a recently-renovated kitchen that just needs to be finished (all cabinetry and building materials will be left for the next owner!) Three sizeable bedrooms and an updated full bath with skylight complete the second level. A separate accessory unit with its own entrance is off the back of the home and has a ton of unrealized potential. This unit offers a kitchen (also near completion!), loft area with vaulted and beamed ceiling, and an updated full bath. It is an ideal studio apartment, home office, or creative space for budding artists! You could also ditch the idea of a second unit altogether and open it back up to a single-family with a massive primary suite. With some imagination, the possibilities to create your dream space here are endless. Don't miss this wonderful opportunity to own a piece of history around the corner from vibrant shops, art galleries, restaurants, and much more - call your favorite Realtor and schedule a showing today!

973 W Exchange Street, Akron

Listing Courtesy of: Nicole L Frantz, NicoleFrantz@remax.net With RE/MAX Oasis Dream Homes

Selling Office: RE/MAX Pathway.

$190,000
4 Beds 2 Baths 5058067 MLS
Beautifully updated ranch style 2 unit. LOW MAINTENANCE- all brick exterior, metal roof, updated triple pane windows. Both units have Central Air Conditioning, remodeled kitchens with granite counter tops and remodeled bathrooms with custom tile showers and full basements w laundry hookup and separate utilities! Each unit has a private driveway with covered carport. Excellent layout with living room featuring LVT flooring, eat in kitchen w LVT flooring, updated cabinets, 2 bedrooms, remodeled bathroom, full basement w glass block windows and each unit has some paneling up for semi-finished space in the basement. Current rents are below market value. 1100 (Month to Month) is Section 8- paying $650 ($270 paid by Housing Assistance Payment and $380 paid by tenant) and 1104 (month to month) pays $700. Owner pays Akron Water/Sewer/Trash currently. Electric, Gas and Water/Sewer are all metered separately. Ranges and Refrigerators are owned by the landlord and will transfer with the property. Hot Water Tanks were replaced in 2022. ALL UPDATED SINCE 2017: Metal Roof, Triple Pane Windows, Furnaces, ACs, Kitchens, Baths, Gutters with 5" returns- This one is mint condition and you don't want to miss it! Windows purchased through Window World- owner believes they offer a warranty to buyers of the property that can be purchased - contact Window World for details.

1100 - 1104 Danforth Road, Akron

Listing Courtesy of: Steven D Mosholder, steve@mosholder.com With Mosholder Realty Inc.

Selling Office: Keller Williams Chervenic Rlty.

$550,000
6 Beds 7 Baths 5055707 MLS
Back on market due to no fault of Seller. A great opportunity like this doesn't always knock twice ~ previous buyer's loss is your gain! Looking for a gorgeous home and a wonderful investment property? You've found it here at 691 & 693 Hampshire Rd.! Live in one unit and rent out the other. Two very spacious 2,994 square ft units (5988 sq ft total), each with an attached, private 2 car garage, private deck and private basement. 691 is features 3 bedrooms, 2.5 baths, ample storage, new appliances (2021) and is currently tenant occupied. 693 features 3 large bedrooms, 3.5 baths a new furnace & water heater (2021), and is ready for occupancy. The units are a mirror image of each other: An inviting open foyer, gorgeous two story vaulted Living Room, wonderful formal Dining Room, warm Study, eat-in kitchen, and bonus room/ private office. 693 boasts gorgeous granite counters and stainless appliances in the kitchen, a relaxing jacuzzi tub in the Primary bath en-suite, and a newly updated guest bath. New insulation (2021), new Garage door mechanism with remotes/electronic pad entry (691, 693 in 2021), new ceiling fans (2021), so many updates! Fantastic storage and closet space throughout. The lower level of each unit adds so much space and is ready for your finishing touch. 693 lower level features a 3rd full bath. Glass block windows. The vacant lot #16, parcel #0900364, with grape vines and blackberry bushes is included. One year Home Warranty included. Well located in close proximity to dining, shopping, parks and recreation. Make 691 & 693 Hampshire Rd. your Home Sweet Home today!

691 & 693 Hampshire Road, Akron

Listing Courtesy of: Ali Whitley, Ali@AliWhitley.com With RE/MAX Crossroads Properties

Selling Office: RE/MAX Crossroads Properties.

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Akron Ohio Multi-Family Homes

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