1115 Florida Ave Akron, OH 44314
Kenmore NeighborhoodEstimated payment $604/month
Highlights
- Colonial Architecture
- 2 Car Detached Garage
- 1-minute walk to Shadyside Park
- No HOA
- Forced Air Heating and Cooling System
About This Home
Outstanding investment portfolio opportunity with property management in place in Akron, Ohio, offering strong cash flow and significant upside. This package includes all properties listed below and their associated parcels, with a current occupancy of 86% across the portfolio. At market rents, the portfolio is projected to deliver a cap rate of 14% or greater, making it an excellent addition for investors seeking immediate performance with room for growth. The properties include a mix of single-family and multi-family units located throughout Akron and Barberton, positioned near major employers, schools, and transportation. Tenants are responsible for utilities in most units, helping to maintain healthy operating margins. With steady rental demand in the area and recent performance already in place, this turnkey package represents a rare chance to acquire a diversified, income-producing portfolio in a high-demand rental market. Properties and parcels included in this sale are: 1115 Florida Ave., Akron, OH 44314 – Parcel #6854800; 1725 Manchester Rd., Akron, OH 44314 – Parcel #6759324; 213 Hermann St., Barberton, OH 44203 – Parcel #0106466; 2167 East Ave., Akron, OH 44314 – Parcel #6734163; 2513 Christensen Ave., Akron, OH 44314 – Parcel #6804010; 530 Thelma Ave., Akron, OH 44314 – Parcel #6827182; 534 Thelma Ave., Akron, OH 44314 – Parcel #6706664; 539 Thelma Ave., Akron, OH 44314 – Parcel #6821068; 543 Thelma Ave., Akron, OH 44314 – Parcel #6821067; 545 Thelma Ave., Akron, OH 44314 – Parcel #6814967; 546 Thelma Ave., Akron, OH 44314 – Parcel #6821066; 601 Glendora Ave., Akron, OH 44320 – Parcel #6749017; 650 Reed Ave., Akron, OH 44306 – Parcel #6819023; 694 Virginia Ave., Akron, OH 44306 – Parcel #6725186; 955 N Firestone Blvd., Akron, OH 44306 – Parcel #6742296. Financials and rent rolls are available upon request
Listing Agent
Home Equity Realty Group Brokerage Email: garrett.rowan@heqrealty.com, 803-992-1429 License #2017004453 Listed on: 08/26/2025
Co-Listing Agent
Home Equity Realty Group Brokerage Email: garrett.rowan@heqrealty.com, 803-992-1429 License #2025003866
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,722
Year Built
- Built in 1923
Lot Details
- 4,948 Sq Ft Lot
- 6749017
Parking
- 2 Car Detached Garage
Home Design
- Colonial Architecture
- Asphalt Roof
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Additional Features
- 2-Story Property
- Forced Air Heating and Cooling System
- Basement
Community Details
- No Home Owners Association
- Shadyside Allotment Subdivision
Listing and Financial Details
- Assessor Parcel Number 6854800
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,467 | $23,485 | $5,411 | $18,074 |
| 2024 | $1,467 | $23,485 | $5,411 | $18,074 |
| 2023 | $1,467 | $23,485 | $5,411 | $18,074 |
| 2022 | $1,267 | $14,609 | $3,185 | $11,424 |
| 2021 | $1,158 | $14,459 | $3,185 | $11,274 |
| 2020 | $1,143 | $14,460 | $3,190 | $11,270 |
| 2019 | $1,225 | $14,270 | $3,550 | $10,720 |
| 2018 | $1,211 | $14,270 | $3,550 | $10,720 |
| 2017 | $1,490 | $14,270 | $3,550 | $10,720 |
| 2016 | $1,528 | $18,380 | $4,770 | $13,610 |
| 2015 | $1,490 | $18,380 | $4,770 | $13,610 |
| 2014 | $1,479 | $18,380 | $4,770 | $13,610 |
| 2013 | $1,516 | $19,320 | $4,770 | $14,550 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/17/2025 09/17/25 | Pending | -- | -- | -- | |
| 08/26/2025 08/26/25 | For Sale | $87,500 | -32.7% | -- | |
| 10/20/2021 10/20/21 | Sold | $130,000 | 0.0% | $84 / Sq Ft | View Prior Sale |
| 09/27/2021 09/27/21 | Pending | -- | -- | -- | |
| 09/22/2021 09/22/21 | For Sale | $130,000 | -- | $84 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $77,500 | Chicago Title | |
| Warranty Deed | $995,000 | Chicago Title | |
| Warranty Deed | $65,000 | None Listed On Document | |
| Limited Warranty Deed | $15,000 | Intitle Agency Inc | |
| Sheriffs Deed | $32,000 | Attorney | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $59,568 | Credit Line Revolving | |
| Previous Owner | $360,000 | New Conventional |
Source: MLS Now
MLS Number: 5152132
APN: 68-54800
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