Seller's Agent in 2025
Meegan Smolsky
Real of Ohio
(407) 630-2316
2 in this area
86 Total Sales
12 Lake St Akron, OH 44301
Summit Lake Neighborhood
4
Beds
3
Baths
2,160
Sq Ft
6,151
Sq Ft Lot
About This Home
As of June 2025Akron Triplex – Prime Investment Opportunity!
This value-add property offers immediate income with significant upside potential. The lower unit is a 2-bedroom, 1-bath, currently tenant-occupied, Section 8 compliant, and generating $772/month on a month-to-month lease. The two upstairs units are both 1-bedroom, 1-bath and are currently vacant—perfect for renovation and increased rental income. Each unit is separately metered for gas and electric, making tenant management simple and efficient. With some updates, this triplex could deliver excellent cash flow in a high-demand rental area. Sold As-Is.
Last Agent to Sell the Property
Real of Ohio Brokerage Email: gypsy.realohio@gmail.com 407-630-2316 License #2020007509 Listed on: 04/23/2025
Last Buyer's Agent
Real of Ohio Brokerage Email: gypsy.realohio@gmail.com 407-630-2316 License #2020007509 Listed on: 04/23/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 6,151 Sq Ft Lot
Home Design
- Fixer Upper
- Fiberglass Roof
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- 2,160 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Utilities
- Central Air
- Heating Available
Community Details
- Miller & Long Allotment Subdivision
Listing and Financial Details
- Assessor Parcel Number 6818742
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2024
Closed on
May 30, 2024
Sold by
12 Lake Street Llc
Bought by
Ohio Real Co 1 Llc
Seller's Agent
Debbie Ferrante
RE/MAX Edge Realty
Buyer's Agent
Meegan Smolsky
Real of Ohio
List Price
$74,500
Sold Price
$72,000
Premium/Discount to List
-$2,500
-3.36%
Views
40
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,706
Avg. Annual Appreciation
11.85%
Purchase Details
Listed on
Feb 26, 2021
Closed on
Mar 16, 2021
Sold by
Pickering David W
Bought by
12 Lake Street Llc
Seller's Agent
Cheryl Woods
High Point Real Estate Group
Buyer's Agent
Jose Medina
Keller Williams Legacy Group Realty
List Price
$59,500
Sold Price
$59,500
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Purchase Details
Closed on
Sep 20, 2006
Sold by
Owens Ted W and Owens Carol
Bought by
Pickering Donald W
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $72,000 | None Listed On Document | |
| Warranty Deed | $59,500 | Minnesota Title Box | |
| Warranty Deed | $30,000 | Multiple |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/06/2025 06/06/25 | Sold | $68,000 | -9.3% | $31 / Sq Ft | |
| 05/24/2025 05/24/25 | Pending | -- | -- | -- | |
| 05/21/2025 05/21/25 | Price Changed | $75,000 | 0.0% | $35 / Sq Ft | |
| 05/21/2025 05/21/25 | For Sale | $75,000 | -11.8% | $35 / Sq Ft | |
| 05/08/2025 05/08/25 | Pending | -- | -- | -- | |
| 04/23/2025 04/23/25 | For Sale | $85,000 | +18.1% | $39 / Sq Ft | |
| 05/30/2024 05/30/24 | Sold | $72,000 | -3.4% | $34 / Sq Ft | View Prior Sale |
| 05/04/2024 05/04/24 | Pending | -- | -- | -- | |
| 04/28/2024 04/28/24 | For Sale | $74,500 | +25.2% | $35 / Sq Ft | |
| 03/23/2021 03/23/21 | Sold | $59,500 | 0.0% | $28 / Sq Ft | View Prior Sale |
| 03/03/2021 03/03/21 | Pending | -- | -- | -- | |
| 02/26/2021 02/26/21 | For Sale | $59,500 | -- | $28 / 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 | $3,104 | $14,585 | $3,654 | $10,931 |
| 2024 | $861 | $14,585 | $3,654 | $10,931 |
| 2023 | $3,104 | $14,585 | $3,654 | $10,931 |
| 2022 | $835 | $8,579 | $2,149 | $6,430 |
| 2021 | $662 | $8,474 | $2,149 | $6,325 |
| 2020 | $740 | $8,480 | $2,150 | $6,330 |
| 2019 | $927 | $10,270 | $2,570 | $7,700 |
| 2018 | $917 | $10,270 | $2,570 | $7,700 |
| 2017 | $857 | $10,270 | $2,570 | $7,700 |
| 2016 | $945 | $10,480 | $2,570 | $7,910 |
| 2015 | $857 | $10,480 | $2,570 | $7,910 |
| 2014 | $851 | $10,480 | $2,570 | $7,910 |
| 2013 | $907 | $11,500 | $2,570 | $8,930 |
Source: Public Records
Agents Affiliated with this Home
-
Meegan Smolsky
-
Debbie Ferrante
Seller's Agent in 2024
Debbie Ferrante
RE/MAX
(330) 958-8394
12 in this area
2,353 Total Sales
-
Cheryl Woods
C
Seller's Agent in 2021
Cheryl Woods
High Point Real Estate Group
1 in this area
16 Total Sales
-
Jose Medina
Buyer's Agent in 2021
Jose Medina
Keller Williams Legacy Group Realty
(330) 433-6014
5 in this area
2,936 Total Sales
Map
Source: MLS Now
MLS Number: 5115860
APN: 68-18742
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