NOT LISTED FOR SALE

1026 Jefferson Ave Akron, OH 44302

Highland Square Neighborhood

Estimated Value: $315,832

7 Beds
4 Baths
7,464 Sq Ft
$42/Sq Ft Est. Value

Last Sold September 11, 2024

Last sale price $306,000 $41 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,935/month

5 Days on Market

About This Home

As of September 2024

This multifamily building situated in the heart of Highland Square, is a rare find. Featuring four fully occupied units, this property offers a unique investment opportunity and old-school charm in a trendy arts district. The building is zoned for both residential and commercial use, providing versatile possibilities. The building offers a common basement area, which could be used as additional storage or potential to install washers and dryers for tenant's convenience. This property is perfect for someone looking for a steady rental income. Don't miss out on owning a well-managed piece of real estate!
New rubber roof 2022; 25-year product warranty
(2) new hot water tanks 2023

Last Agent to Sell the Property

Melissa Smith

Crossroads Management Realty Brokerage Email: 330-762-4840 cindy@crossroadsmanagement.com License #2020002227 Listed on: 07/24/2024

Last Buyer's Agent

Kathy Green

Dan Marchetta Realty Inc. License #2002020154

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,563

Year Built

  • Built in 1915

Lot Details

  • 4,561 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 7,464 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Parking

  • Parking Pad
  • Common or Shared Parking
  • On-Site Parking

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • Port Park Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for common area maintenance, electricity, exterior maintenance, sewer, trash collection, water
  • Assessor Parcel Number 6726871

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,563

Year Built

Built in 1915

Lot Details

4,561 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Quadruplex
  • Year Built: 1915
  • Attribution Contact: 330-762-4840 cindy@crossroadsmanagement.com
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Port Park
  • Above Grade Finished Sq Ft: 7464.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2023
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Interior Entry, Storage Space
  • Basement: Yes
  • Appliances: Range, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Stories: 2

Exterior Features

  • Roof: Rubber
  • Acres: 0.1047
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Common, On Site, Parking Pad

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Akron CSD - 7701

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 6726871
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Common Area Maintenance, Electricity, Exterior Maintenance, See Remarks, Sewer, Trash Collection, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3090.0

Tax Info

  • Tax Annual Amount: 3563.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2025
Sold by
Jefferson Ave Rentals Llc
Bought by
Sanchez Jennifer and Sanchez Adrian
Current Estimated Value
$315,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Outstanding Balance
$238,000
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$77,832

Purchase Details

Listed on
Jul 24, 2024
Closed on
Sep 27, 2024
Sold by
Sanchez Adrian and Sanchez Jennifer
Bought by
Jefferson Ave Rentals Llc
Seller's Agent
Melissa Smith
Crossroads Management Realty
Buyer's Agent
Kathy Green
Dan Marchetta Realty Inc.
List Price
$300,000
Sold Price
$306,000
Premium/Discount to List
$6,000
2%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.16%
Original Mortgage
$229,500
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2024
Closed on
Sep 10, 2024
Sold by
William S Zorn S and William Maryanna A
Bought by
Sanchez Adrian and Sanchez Jennifer
Seller's Agent
Melissa Smith
Crossroads Management Realty
Buyer's Agent
Kathy Green
Dan Marchetta Realty Inc.
List Price
$300,000
Sold Price
$306,000
Premium/Discount to List
$6,000
2%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2022
Sold by
Doria Maryanna
Bought by
William S Zorn And Maryanna A Doria Joint Rev
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sanchez Jennifer -- None Listed On Document
Jefferson Ave Rentals Llc -- None Listed On Document
Sanchez Adrian $306,000 Buckeye Reserve Title
William S Zorn And Maryanna A Doria Joint Rev -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Jennifer $238,000
Previous Owner Sanchez Adrian $229,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2024 09/11/24 Sold $306,000 +2.0% $41 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $300,000 -- $40 / Sq Ft
Source: MLS Now

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,742 $42,032 $6,146 $35,886
2024 $3,563 $42,032 $6,146 $35,886
2023 $3,092 $42,032 $6,146 $35,886
2022 $3,092 $35,553 $5,586 $29,967
2021 $3,096 $35,553 $5,586 $29,967
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Melissa Smith

    Crossroads Management Realty

    (330) 573-4871

    1 in this area

    21 Total Sales

    Melissa Smith
    Section Image

  • K

    Buyer's Agent in 2024

    Kathy Green

    Dan Marchetta Realty Inc.

    (330) 603-4999

    1 in this area

    26 Total Sales

    Kathy Green
    Section Image
See All Agents

Map

Source: MLS Now

MLS Number: 5056490

MLS Now

APN: 67-26871

Ohio Summit County Akron 44302 Highland Square

1026 Jefferson Ave, Akron, OH

Not Listed for Sale

MultiFamily

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