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Margo Teeter
REALTOR®, CRS, GRI
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203 Crosby
Akron, OH 44303

$3,400,000

36 Total Photos [Click to View All]

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Listing Details

  • $3,400,000
  • MLS# 5226160
  • Type Commercial - Business
  • Status Active
  • 0.069 acres
    Lot Size
  • 1884
    Year Built
  • Akron City
    Local Schools

Home Value Estimate


Description

33 units across Greater Akron, listed at $3.4M, or $103,030 a door. Lease up the four units already under renovation and you are into a 9.3% cap with double-digit cash-on-cash. Push rents to market on turnover from there and it runs to a 10.3% pro forma. This is a stabilized, cash-flowing scattered-site portfolio that hands you double-digit returns once those units fill, not a paper story. The portfolio is 17 single families, 8 duplexes, 6 triplexes, and 2 condos spread across Akron and a few surrounding communities. Every property was fully remodeled in the last five years, with updated electrical and plumbing throughout, many with new...read more

Features

  • Other
  • $46,782 / year Taxes
  • Built in 1884

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 07/15/2026. The listing information on this page last changed on 07/15/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 07/15/2026 1:02:51 AM EST) or CBRMLS (last updated Wed 07/15/2026 12:44:26 AM EST) or Beckley MLS (last updated Wed 07/15/2026 12:50:14 AM EST) or Kanawha Valley MLS (last updated Tue 07/14/2026 11:32:11 PM EST) or HTGN MLS (last updated Tue 07/14/2026 11:39:37 PM EST) or Wheeling MLS (last updated Tue 07/14/2026 10:36:45 PM EST) or West Penn MLS (last updated Tue 07/14/2026 11:28:43 PM EST) or NCWV MLS (last updated Tue 07/14/2026 11:15:42 PM EST) or Mercer/Tazewell MLS (last updated Tue 07/14/2026 11:14:15 PM EST) or MLS NOW (last updated Wed 07/15/2026 12:17:33 AM EST) or Greenbrier Valley Board of Realtors (last updated Tue 07/14/2026 11:01:31 PM EST) or Ashland KY MLS (last updated Tue 07/14/2026 10:20:00 PM EST). Real estate listings held by brokerage firms other than Old Colony, REALTORS® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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