594-598 Blaine Avenue, Akron, OH 44310

$614,500

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Sold Price
$614,500
List Price
$642,500
Status
CLOSED
Days on Market
212
Closing Date
May 01, 2026
MLS#
5161392
Subtype
Commercial Sale
Year Built
1924
Acres
0.32
Subdivision
O B York Allotment
Neighborhood
O B York Allotment
MLS Area Major
Akron

Property Description

Outstanding fully renovated investment opportunity in Akron, Ohio, delivering both immediate stability and strong upside potential. This 7-unit property package has undergone over $250,000 in recent capital improvements, including new mechanicals, water heaters, plumbing, roof, windows, electrical systems, and refreshed interiors. With the heavy lifting already completed, investors can step directly into a stabilized, turnkey asset poised for consistent performance. Significant value-add potential remains, with the ability to convert 1-bedroom units into 2-bedrooms through minimal construction and renovation, offering a clear path to increasing NOI. Situated in a strategic Akron location near major employers, schools, retail, and transit, the property is well positioned to maintain strong occupancy while capturing long-term growth. This represents a rare chance to acquire a fully updated, income-producing property with both immediate cash flow and additional upside! Investment analysis and financials available upon request!

Additional Information

Taxes
$5,290
Heating
Radiator(s)
Parking Features
Additional Parking, Direct Access, Detached, Garage
School District
Akron CSD - 7701

Listing Courtesy of: Kim Lewis, kim.lewis@heqrealty.com With Home Equity Realty Group

Selling Office: RE/MAX Infinity.

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