1129 7th Ave Akron, OH 44306
East Akron NeighborhoodEstimated payment $758/month
Highlights
- Colonial Architecture
- 1 Fireplace
- No HOA
- DR Ronald E McNair Junior High School Rated A
- Corner Lot
- 5-minute walk to Homestead Park
About This Home
Cash-Flowing Boarding House – Investor Alert! This property is a true turn-key investment, fully occupied and producing around $3,000/month in rental income. Operating as a boarding house with six rented rooms, it delivers steady cash flow from day one.
The interior has been completely redone with new floors, paint, drywall, and fixtures, minimizing maintenance and maximizing profitability. Located on a double lot on a desirable corner, the property not only offers strong current returns but also excellent long-term value and potential.While perfect for investors, this home could also serve as an ideal setup for a large or multi-generational family needing plenty of space. With all units occupied and an incredibly high ROI, this is the type of investment that rarely hits the market. 24-hour notice required for all showings.
Listing Agent
Real Integrity Brokerage Phone: 330-353-8816 License #2022005312 Listed on: 08/21/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,220
Year Built
- Built in 1919
Lot Details
- 8,712 Sq Ft Lot
- Corner Lot
- 6721193
Home Design
- Colonial Architecture
- Fiberglass Roof
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- 2,180 Sq Ft Home
- 3-Story Property
- 1 Fireplace
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
Parking
- No Garage
- Driveway
- Paved Parking
Outdoor Features
- Porch
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- No Home Owners Association
- Emmons Arlington Subdivision
Listing and Financial Details
- Assessor Parcel Number 6721194
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 | $1,815 | $15,838 | $3,014 | $12,824 |
| 2024 | $1,815 | $15,838 | $3,014 | $12,824 |
| 2023 | $1,815 | $15,838 | $3,014 | $12,824 |
| 2022 | $95 | $9,314 | $1,771 | $7,543 |
| 2021 | $95 | $9,314 | $1,771 | $7,543 |
| 2020 | $94 | $9,310 | $1,770 | $7,540 |
| 2019 | $125 | $9,690 | $4,030 | $5,660 |
| 2018 | $124 | $9,690 | $4,030 | $5,660 |
| 2017 | $173 | $9,690 | $4,030 | $5,660 |
| 2016 | $154 | $10,100 | $4,030 | $6,070 |
| 2015 | $173 | $10,380 | $4,030 | $6,350 |
| 2014 | $173 | $10,380 | $4,030 | $6,350 |
| 2013 | $781 | $10,240 | $4,030 | $6,210 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/05/2025 11/05/25 | Pending | -- | -- | -- | |
| 08/21/2025 08/21/25 | For Sale | $125,000 | +172.3% | $57 / Sq Ft | |
| 02/23/2024 02/23/24 | Sold | $45,900 | -4.2% | $21 / Sq Ft | View Prior Sale |
| 01/30/2024 01/30/24 | Pending | -- | -- | -- | |
| 01/17/2024 01/17/24 | Price Changed | $47,900 | -20.0% | $22 / Sq Ft | |
| 12/30/2023 12/30/23 | For Sale | $59,900 | -- | $27 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $45,900 | Ohio Title | |
| Sheriffs Deed | $23,100 | None Listed On Document |
Source: MLS Now
MLS Number: 5150507
APN: 67-21194