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$1,200,000
5079956 MLS
Introducing an exceptional investment opportunity in Akron, Ohio—a 21-unit brick apartment building just minutes from the University of Akron and Summa Health! Priced at an attractive ~$59,000 per unit, this property features individual furnaces and hot water tanks in each unit, allowing tenants to cover their own utilities while the owner only covers water and sewer. With significant mechanical upgrades and cosmetic updates already completed in most units, new ownership can easily implement a value-add plan to increase rents and boost cash flow. Additionally, the potential to transition to Section 8 housing offers even greater returns. Operating at a solid 95% occupancy and boasting an 8% in-place cap rate, this asset has strong income generation and long-term appreciation. In-suite laundry enhances tenant convenience, making these units even more desirable. Situated in a thriving rental market supported by Akron's diverse economy, including healthcare, education, and ongoing downtown revitalization efforts, this property is the ideal addition to any savvy investor’s portfolio.

1105 2nd Avenue, Akron

Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services

Selling Office: RE/MAX Traditions.

$68,000
5077318 MLS
Welcome to 1347 East Ave! This commercial property along with additional lot (1349 East Ave.) is located on one Akron’s most traveled streets. The property was most recently used as a car wash and detailing shop which, was extremely lucrative due to the location. However, this commercial property has the possibility to be a convenience store/ drive thru, a mechanic shop, repair shop an office space or more! It is fully renovated and equipped with high pressure water sprayers, two bays, an office and bathroom. Updated electrical. New plumbing and drainage system. Newer roof. Newer windows. New automatic garage doors with warranty. Schedule your showing today!

1347 East Avenue, Akron

Listing Courtesy of: Helen Burroughs, realtorhelenb@gmail.com With H & R Burroughs Realty, Inc.

Selling Office: Key Realty.

$154,600
5076416 MLS
This special building has housed just 2 businesses for the last 104 years. From 1920-1994 McDowells Pharmacy was a destination spot for Kenmore kids seeking penny candies. Then from 1995-2024 E & S Hobbies dazzled adults and kids alike with an array of trains, RC planes, hellies, boats, & cars. The building boasts a 1623 sqft retail space w/a 858 sqft basement workshop and storage. Upstairs, via private street entry is a 858 sqft 2 bedroom apartment w/an ornamental fireplace and separate utilities. This building has been well maintained and will require little immediate maintenance other than preventative. The apartment can easily be ready to rent with very little to do, or put in a little elbow grease and see your potential rents double! Several display cases available with the building. Great neighbors and a rejuvenated Kenmore Blvd could make this the perfect spot for your business!

980-982 Kenmore Boulevard, Akron

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

Selling Office: Non-Member.

$1,260,000
5073949 MLS
Unique opportunity to acquire 14 townhome style units in Northwest Akron, on the boarder of Fairlawn and Sandrun Park. Residents enjoy on-site parking/individual garage spaces, in-suite laundry, many interior updates and great access to W. Market St. The property has undergone significant renovations over the past several years. Property can cash flow day 1 and has potential upside through continued interior improvements, RUBS utility bill back program, and simply bringing current rents to market. Unit breakdown: 5 - 4bd/1.5bth and 9 - 3bd/1.5bth (all townhome style units). This floor plan provides tenants ease of access and privacy not normally found through traditional apartments.

2180 Thurmont Road, Akron

Listing Courtesy of: Antonio Biasiotta, AntonioB@KW.com With Keller Williams Elevate

Selling Office: Home Equity Realty Group.

$150,000
5065378 MLS
Are you looking for a Mixed Use Commercial Space in Akron? This is the one!! This three story Commercial Building is a diamond in the rough. It consists of 7 apartments, 1 retail spa and a profitable and busy convenience store in the northwest corner of the building that generates approximately $396,000 in net income annually. The business includes a current beer and wine license, SNAP redemption, a cigarette license, a leased ATM and the Ohio Lottery. All taxes are current. There is also a store front in the rear of the building facing Inman street. All apartments are vacant and needs rehabbed to be habitable. It is zoned both commercial and residential. It needs an imaginative entrepreneur to take over. It is the only business in the area. They have added the two attached lots at the east side and the south side to the purchase of the property. Schedule your showing today!

802 Johnston Street, Akron

Listing Courtesy of: Amanda Mercier, amercier@amhghomes.com With RE/MAX Edge Realty

Selling Office: RE/MAX Edge Realty.

$220,000
5055402 MLS
Who’s looking to be the proud owner of a piece of dance club history. Look no further than the former Club Energy in Ellet. Over 11,000 sq. ft. to work with it could use some TLC, but you have so much space to make it the new hot spot. With a dance floor, bar areas, pool tables, kitchen, and dining space it’s all set up to make your wildest dreams come true. Just switch the lights on and dance your life away. Plenty of parking space. Everything is included. The possibility of opening your own business with inventory is a great deal. Want to sweeten the deal... liquor license transferable with State Approval. Who doesn’t need a new hang out spot with big tv’s in time to watch a great football game. Call today to schedule your personal tour and get a little nostalgic of all the memories you had here. For those that haven’t got to experience it yet maybe your turn is coming soon.

289 Darrow Road, Akron

Listing Courtesy of: Jody Rearick, jodyrearick@gmail.com With RE/MAX Diversity Real Estate Group LLC

Selling Office: RE/MAX Diversity Real Estate Group LLC.

$850,000
5051694 MLS
Investors, don't miss out on this rare opportunity to acquire a fully renovated multi-family property in a great location! This property consists of mostly 3 Bdrm., 1 Bath units, updated in 2020 and situated on a private cul-de-sac for a quiet living environment. Conveniently located near schools, shopping, dining, and transportation routes, boasting a strong rental history with potential for increased revenue. It's proximity to essential amenities, enhances tenant appeal and retention making it ideal for investors seeking a turnkey property with strong income potential. Recent renovations have reduced maintenance costs and attracted higher-quality tenants, making this a solid investment opportunity. Property management will continue to be offered and a discounted fee on a one year term for the new owner.

159-166 Walnut Terrace, Akron

Listing Courtesy of: Lisa A Mazzola, lmazzolac21@gmail.com With Century 21 Wilbur Realty

Selling Office: Snyder & Snyder Real Estate.

$1,086,000
5048222 MLS
Rare opportunity to own a meticulously maintained 16-unit apartment building in Ellet (Akron), Ohio. This property includes fourteen 2/1 units and two 1/1 units, the majority of which have been fully updated, with one more underway. Masonry construction, the with recent major mechanical upgrades such as a new 100-gallon hot water tank, a modern boiler with a new pump installed, and a new full tear off roof in 2019. Each unit is equipped with wall-mounted air conditioning units and fully applianced kitchens. Rent increases have been successfully implemented across all units, and the building enjoys historically low vacancy rates. Ample parking is available for residents, and the property includes a clean coin-operated laundry facility that generates additional cash income with room for further expansion. Close to shopping, dining, freeways, and situated in Ellet Schools.

2615 Ellet Avenue, Akron

Listing Courtesy of: Jenne Haddox, jennehaddox@gmail.com With Richfield Realty Group LLC

Selling Office: EXP Realty, LLC..

$116,000
5046460 MLS
WOW! Perfect Location with Great Traffic Flow!!! This Commercial Use Property is situated on an 0.33 Acre Corner Parcel in a very High Traffic Area of North Hill, Minutes to the Freeway and Downtown. Large Building with Office & Storage Area, Large Garage with Overhead Door, Workshop, Private Office in Back of Building, Public Restroom, and Partial Fencing. Large Concrete Parking Lot. The building is in need of some updates and repair. Desirable Commercial Area among several Businesses, Restaurants, Convenience Marts. This is a great opportunity to own your own Business! Agents See Broker Remarks for Offer Instructions and other info - This property is to be Sold AS-IS, seller will make no repair or offer warranty.

10 E Tallmadge Avenue, Akron

Listing Courtesy of: Cynthia L Simpson, cindylou1986@att.net With Coldwell Banker Schmidt Realty

Selling Office: Coldwell Banker Schmidt Realty.

$175,000
5042702 MLS
Prime Location! Commercial Building/ 4 parcels/ Bar with Liquor License being offered in Coventry Township. Located 10 minutes from the Akron Canton Airport in the S. Arlington St. Business District. Traffic count is approximately 25,000 cars daily. This property offers a large interior space and includes walk in freezer, 2 bathrooms, and full basement. Exterior is concrete/brick with a rubber roof. This property could be utilized as a restaurant/lounge/and many other possibilities. Plenty of parking! Schedule a time to view. Call for a private showing today! 4 Parcels equal approximately .3868 of an acre. Real Estate taxes only $4372.00 annually, special assessments $999.00. Special Assessments include Street Lighting, Street Sweeping, Resurfacing, Musk. Water Shed. Pool Table and Gaming Machine have separate contracts. Buyer to conduct due diligence.

1890 S Arlington Street, Akron

Listing Courtesy of: Carol A Cooper, carolcooper@kw.com With Keller Williams Legacy Group Realty

Selling Office: Keller Williams Legacy Group Realty.

$355,000
5038052 MLS
2 story building, vacant 1st floor of 2296 sq ft consists of large front room 18x28, kitch/workroom 13x15, office 11x14, hallway (wide enough for shelving & walkway) 16x5.6, back room 19x22.6, addl storage room 19x15.6, 2 bathrooms, 1 w/sink & toilet, 1 w/sink & shower. Lots of possibilities for business and/or reconfiguring the floor plan. Upstairs are 3 apartments, w/secure front & back entrances, plus an entrance from 1st floor business. One apt rented to same tenant for 30 years, 2nd rented and third is vacant. All 3 apts had recent updates which include new furnaces, painting, refin hardwood floors, new flooring, newer stove and fridge, updated kitchen and bath. Sellers have rented on MTM basis in case buyer wants to get own tenants or live upstairs & have business downstairs - talk about convenient and saving gas!! 2 apartments are 1-bedroom & approx 426 sqft, 3rd apt is 2-bedrooms, approx 639 sqft. Each apt has it's own furn/C/A and electric box. Common laundry area 1st fl. Seller currently pays gas/heat, water/sewer & trash, tenants pay electric. 1st fl furn 8+ yrs, 120-gal H20 7+ yrs, vinyl siding 13 yrs, roof 6 yrs, shed, small backyard with privacy fence for tenant use. Technically 2 parking lots, one w/4 tenant spots & 2 business spots, 2nd parking lot with approx 24 more spots that has been rented to neighboring businesses in the past (additional income!). Easy to show, occupied apts on 2nd showing.

720 E Glenwood Avenue, Akron

Listing Courtesy of: Debbie Spencer, dspencer@kw.com With Keller Williams Chervenic Rlty

Selling Office: Keller Williams Chervenic Rlty.

$110,000
5032923 MLS
This is a rare opportunity to own a slice of history in an up-and-coming location with buzz. 971-973 Kenmore Blvd is itself listed on the National Register of Historic Places and sits in a Historic District also listed on the NRHP. There are two attached structures totaling 7,150 sqft, with one tenant being a popular neighborhood tavern occupying the space since 1952 and the other, currently a clothing retailer, for the last 13 years. Rents total $1800 ($1250/$550). The Kenmore Eastern consists of the 49x26 bar & lounge area, a 16.5x16.5 kitchen, 2 public restrooms, a small outdoor area, and 2-4 parking spaces in the back. Beyond the parking spaces is a public parking lot out back and street parking in front. Ethicrace Clothing Retailer consists of a 31x31 public retail space with front desk/cashier, 23x33 back room/storage, 2 restrooms, and 2-4 parking spaces out back. Both units have considerable basements with office areas and storage space. Tenants pay all utilities. Akron’s largest neighborhood business district is housed at the center of Akron’s second largest neighborhood, with over 18,000 residents and over 90,000 workers within a 10-minute drive. It offers excellent public parking options and freeway access from three directions within a two-minute drive. Kenmore Blvd is on the cusp and becoming known as a safe, family-friendly arts district with music at its core. The BLVD is an up-and-coming business district. Better Kenmore Community Development Corporation has been actively working to revitalize the Blvd Historic District since 2016 through marketing, events, clean and safe efforts, beautification, creative placemaking, and business and real estate development. Get in now and be part of something special taking place all around you. Ask your realtor to access the supplements for form 1040 E, Income and Loss for 2020-2023, a copy of the 2 leases, 2023 Real Property, As-Is Appraisal, and The Blvd Historic District marketing booklet.

973 Kenmore Boulevard, Akron

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

Selling Office: Century 21 Carolyn Riley RL. Est. Srvcs, Inc..

$180,000
5032803 MLS
Attention investors - 5 unit property comprised of one single family house and one multi unit building with 4 efficiency apartments. Owners have kept the property very well maintained! The 4 efficiencies are occupied and the single family house is currently vacant with many people waiting for a chance to apply. All current leases are month to month. Highlights include: windows have been upgraded to white vinyl windows, both buildings have new commercial grade hot water heaters, both buildings have high efficiency furnaces, both buildings have new gas lines and water lines ran from the street to the buildings, appliances furnished, each unit in the multi unit building has a 20amp line ran if tenants want to hook up a window AC unit, single family house has has been newly insulated, single family house has a 4 seasons front porch, single family house has updated electrical. Note: two of the efficiency units share a bathroom in the hallway. There's an extra 10x11 room that could be added to one of the units to give a tenant more sqft. Owner pays all utilities at 4 unit building. Owner pays water/sewer/trash at single family house.

1052 Yale Street, Akron

Listing Courtesy of: Aaron Peterson, aaron@marveldevelopments.com With SOGO Homes LLC

Selling Office: Real Integrity.

$359,900
5031797 MLS
Welcome to this well maintained 6 unit apartment building. This is the ideal multifamily investment well positioned on a hard corner on a quiet street. 3 single story all brick duplexes on a slab. Each duplex has separate parcels located right next to each other. All units are 2 beds and 1 bath with separately metered gas and electric. 6 separate boilers/furnaces, H20 tanks and electric panels allowing the tenants to pay for all utilities except water and sewer. 7 off street parking spaces. All units equipped with refrigerators and stoves. Newer windows (approx. 10 yrs old). Perfectly located close to shopping and the freeway for easy access and dining. Great cash flow and easy to maintain. This property will not disappoint. 1 Unit left vacant for showings. Available for review is: a Rent Roll, P&L, Marketing Package and list of Capital Improvements.

1261-1277 Roslyn Avenue, Akron

Listing Courtesy of: Anthony D Takacs, takacs.century21@gmail.com With Century 21 Homestar

Selling Office: Century 21 Homestar.

$159,900
5029653 MLS
Perfect spot for a real estate team office, insurance office, mortgage office, etc! 1 residential home zoned commercial on the corner of Akers and Englewood, with 6-8 offices, waiting/reception area, small kitchenette, 2 bathrooms, covered porch, separate exterior access to 2nd-floor offices, and 6 parking spaces, plus 2 residential lots on E Market St. Great high traffic location, at the bottom of the I76 exit at the convergence of Market & Mogadore in Ellet. The structure is in great shape, the first floor was used as a mortgage office for 15+ years at $1600 per month, 2nd floor was used as the owner's personal office and never collected rent. Potential rent is upwards of $2500 monthly. On the first floor, there are 3 private offices, plus a waiting/reception area, an open fourth office, a small kitchenette, and a bathroom. 2nd floor: 3 private offices, reception area plus 4th open office and bathroom w/seperate exterior entrance. When turning onto Akers from Market, everything on your right side up to the corner of Akers and Englewood is included in the sale. Two residential lots are included at the rear of the subject. All desks, filing cabinets, and other furnishings are included in the sale. Mineral rights convey. The current owner receives a check of roughly $40-$45 a month for oil rights. The three lots combined are .3992 acres. Taxes are reflected for the combined lots. The owner handled all maintenance, snow plowing, and lawn care himself, so there is no record of costs for these items. 1st floor: Waiting Area/Reception 12.5x10.5, Open Office Space 13x10, Office 1 10x12.5, Office 2 11x12, Office 3 10x11 Kitchenette 6x5.5, Bath 6x6, all newly carpeted, vinyl floor in bath, blinds on all windows 2nd floor: Receiving/Open Office 16x11.5, Office 112.5x9,5, Office 2 9x7, Office 3 7x9, Bath 6.5x7, all carpet w/vinyl floor in bath

1953 Englewood Avenue, Akron

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

Selling Office: Century 21 DeAnna Realty.

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