NOT LISTED FOR SALE
8 Beds
4 Baths
4,344 Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: May 20, 2025

Last sale price $190,000 $44 Per Sq Ft

4 Days on Market

About This Home

As of May 2025

Excellent investment opportunity in Akron! This fully rented quadruplex generates impressive cash flow with a gross monthly rent of $32,875 and annual expenses of just $12,935, which includes a professional property management company already in place. With a capitalization rate of 11.25%, this property is a proven moneymaker-ideal for both new and experienced investors. The building features four separate units: two 2-bedroom units, one 1-bedroom unit, and one 3-bedroom unit. Each unit has its own furnace, allowing tenants to control their own heat. The owner pays all utilities and owns all appliances, ensuring smooth operation and tenant satisfaction. This is a turnkey opportunity to own a high-performing asset in a solid rental market. Don't miss your chance to add this income-producing property to your portfolio!

Last Agent to Sell the Property

Shannon Hornacek

Howard Hanna Brokerage Email: shannonhornacek@howardhanna.com 330-858-8865 License #2021001477 Listed on: 04/18/2025

Howard Hanna

Last Buyer's Agent

Bryan Garra

EXP Realty, LLC. License #2017001083

EXP Realty, LLC.
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,591

Year Built

  • Built in 1915

Lot Details

  • 3,485 Sq Ft Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slate Roof

Interior Spaces

  • 4,344 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Shadyside Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, internet
  • The owner pays for electricity, gas, sewer, water
  • Assessor Parcel Number 6804530

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,591

Year Built

Built in 1915

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Quadruplex
  • Year Built: 1915
  • Attribution Contact: shannonhornacek@howardhanna.com 330-858-8865
  • Subdivision Name: Shadyside
  • Above Grade Finished Sq Ft: 4344.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Tax Year: 2024
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Basement: Yes
  • Appliances: Range, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Stories: 2

Exterior Features

  • Roof: Slate
  • Acres: 0.08
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

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

Schools

  • Junior High Dist: Akron CSD - 7701

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 6804530
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Gas, Sewer, Water
  • Tenant Pays: Cable TV, Internet

Tax Info

  • Tax Annual Amount: 2591.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2025
Closed on
May 15, 2025
Sold by
Bought by
Seller's Agent
Shannon Hornacek
Howard Hanna
Buyer's Agent
Bryan Garra
EXP Realty, LLC.
List Price
$195,000
Sold Price
$190,000
Premium/Discount to List
-$5,000
-2.56%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,623
Outstanding Balance
$148,700
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2021
Closed on
Aug 25, 2021
Sold by
Bought by
Seller's Agent
Brett Walchalk
Russell Real Estate Services
Buyer's Agent
Shannon Hornacek
Howard Hanna
List Price
$180,000
Sold Price
$160,000
Premium/Discount to List
-$20,000
-11.11%

Purchase Details

Closed on
Dec 27, 2013
Sold by
Bought by

Purchase Details

Listed on
May 27, 2010
Closed on
Jun 15, 2012
Sold by
Bought by
List Price
$69,900
Sold Price
$18,000
Premium/Discount to List
-$51,900
-74.25%

Purchase Details

Listed on
May 27, 2010
Closed on
Jun 14, 2012
Sold by
Bought by
List Price
$69,900
Sold Price
$18,000
Premium/Discount to List
-$51,900
-74.25%

Purchase Details

Closed on
Nov 6, 2010
Sold by
Bought by

Purchase Details

Closed on
Apr 21, 2010
Sold by
Bought by

Purchase Details

Closed on
Dec 4, 2007
Sold by
Bought by

Purchase Details

Closed on
Feb 1, 2002
Sold by
Bought by

Purchase Details

Closed on
Jul 25, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$190,000 Kingdom Title
$160,000 Kingdom Title
$160,000 None Available
$30,000 None Available
-- Chicago Title Insurance Co
$18,000 Chicago Title Insurance Co
-- Attorney
-- Attorney
$54,000 Portage Title Agency Inc
$29,000 Approved Statewide Title Age
$60,000 Approved Statewide Title Age
$27,365 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $150,623
Previous Owner $140,000
Previous Owner $54,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/20/2025 05/20/25 Sold $190,000 -2.6% $44 / Sq Ft
04/22/2025 04/22/25 Pending -- -- --
04/18/2025 04/18/25 For Sale $195,000 +21.9% $45 / Sq Ft
08/31/2021 08/31/21 Sold $160,000 -11.1% $37 / Sq Ft View Prior Sale
06/23/2021 06/23/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $180,000 +900.0% $41 / Sq Ft
06/14/2012 06/14/12 Sold $18,000 -74.2% $4 / Sq Ft View Prior Sale
04/20/2012 04/20/12 Pending -- -- --
05/27/2010 05/27/10 For Sale $69,900 -- $16 / Sq Ft
Source: MLS Now (Howard Hanna)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,839 $59,851 $3,238 $56,613
2025 $5,060 $24,259 $3,238 $21,021
2024 $2,242 $24,259 $3,238 $21,021
2023 $2,231 $24,259 $3,238 $21,021
2022 $2,231 $24,259 $3,238 $21,021
2021 $2,234 $24,259 $3,238 $21,021
Source: Public Records

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Map

Source: MLS Now (Howard Hanna)

MLS Number: 5115426

MLS Now (Howard Hanna)
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