1034 Clay Street, Akron, OH 44301

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List Price
$169,900
Status
ACTIVE
Days on Market
2
MLS#
5247757
Subtype
Residential Income
Year Built
1926
Bedrooms
4
Bathrooms
2
Full Baths
2
Acres
0.12
Subdivision
Grant & Steinert
Neighborhood
Grant & Steinert
MLS Area Major
Akron

Property Description

Strong turnkey investment opportunity at 1032/1034 Clay St in Akron, Ohio. This fully remodeled duplex is fully occupied by long-term tenants generating a combined $1,925 per month in rental income. One unit is occupied by a Section 8 tenant, while the other tenant receives disability-based rental assistance, providing a stabilized, subsidy-supported income stream and immediate cash flow from day one. The property has been comprehensively renovated, allowing an investor to acquire a turnkey, income-producing duplex without taking on a major renovation or lease-up project. With established long-term tenants already in place and subsidized rental income, the property offers an attractive combination of occupancy stability, dependable monthly income, and simplified ownership. 1032/1034 Clay St is also available as part of a package with 1036/1038 Clay St. Together, the two fully occupied duplexes generate nearly $4,000 per month in combined rental income, giving investors the opportunity to acquire 4 occupied units in one location and immediately add scale to their Northeast Ohio rental portfolio. Located in Akron with convenient access to employment, shopping, public transportation, major roadways, and the broader Cleveland-Akron investment market, this property is well positioned for investors seeking a high-cash-flow, fully renovated, Section 8 and subsidized rental investment. For investors looking for a turnkey Akron duplex, Section 8 investment property, subsidized housing investment, buy-and-hold rental, or cash-flowing Northeast Ohio multifamily property, 1032/1034 Clay St offers a strong combination of renovated condition, long-term tenancy, subsidy-supported rents, immediate income, and package-sale potential.

Additional Information

Taxes
$1,478
Heating
Forced Air
Air Conditioning
None
Stories
2
Levels
Two
Roof
Asphalt, Fiberglass
Foundation
Slab
Parking Features
Garage
Garage Spaces
2
School District
Akron CSD - 7701

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

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