2615 Ellet Avenue, Akron, OH 44312

$1,145,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$1,145,000
List Price
$1,250,000
Status
CLOSED
Days on Market
40
Closing Date
Mar 31, 2026
MLS#
5187850
Subtype
Commercial Sale
Year Built
1967
Acres
0.61
Subdivision
Springfield Terrace
Neighborhood
Springfield Terrace
MLS Area Major
Akron

Property Description

A rare opportunity to own this 16-unit solid brick two-level apartment building in the heart of Ellet. Of the 16 units, there are 3 currently vacant and being marketed for rent. The building is comprised of 14-two bedroom units and 2-one bedroom units. Four of the units are currently under a 1-year lease while the remaining are M2M. Most of the units have been updated and are furnished with kitchen appliances and wall units for cooling. Updates in recent years include a 100-gallon water heater, boiler, roof (2019). There is ample parking space in the asphalt parking lot along with 3 convenient sets of steps to access the second floor units. Added income for the new owner is provided by the coin laundry on the ground level of the building. The location is ideal with a Metro bus stop within walking distance along with shopping, dining, and highway access. The current rent roll and expenses as of 2/4/26 are attached

Additional Information

Taxes
$21,306
Heating
Baseboard
Air Conditioning
Wall Unit(s)
Stories
2
Levels
Two
Roof
Shingle
Parking Features
Additional Parking, Asphalt, Common, Driveway, Parking Lot
School District
Akron CSD - 7701

Listing Courtesy of: Amy Wengerd, amy@soldbywengerd.com With EXP Realty, LLC.

Selling Office: Waypoint Real Estate Group, LLC.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now and updated as of . Real estate listings held by brokerage firms other than Coldwell Banker Realty 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.
All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 MLS Now. All Rights Reserved.