1881 Manchester Rd Akron, OH 44314
Summit Lake NeighborhoodEstimated payment $2,130/month
Total Views
2,005
8
Beds
7
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- 0.3 Acre Lot
- Forced Air Heating System
- Wood Siding
About This Home
Excellent investment opportunity in Kenmore. For sale is a two-property package: A brick five-unit apartment building and a nice duplex right next door. There is a total of 7 units. (6 one bedroom and one two bedroom). Same owner for 35 years. This property has been well maintained. Both properties have been waterproofed. There are vinyl windows throughout and glass block in basements. (approx. 10 yrs.) Flat roof on building is a maintenance free membrane (approx. 15 yrs old). Electric has been updated. One building has a new furnace and H2O tank. Tenants are all on a month to month. There is room for increases all around. See attached income/expense sheet. Gross rents are $57,420. NOI is $32,994. The CAP RATE is 10%. Pre-approved, or cash buyers only can tour common areas, and two units with 24–48-hour notice. This is a nice, clean property that is a great addition to your portfolio or a solid start for a new investor.
Listing Agent
Howard Hanna Brokerage Email: debbiosborne@howardhanna.com, 216-287-4890 License #2004008188 Listed on: 07/15/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,087
Year Built
- Built in 1913
Lot Details
- 0.3 Acre Lot
- 6746594
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
- Asphalt Roof
- Wood Siding
- Aluminum Siding
Interior Spaces
- 2-Story Property
- Basement
- Laundry in Basement
Bedrooms and Bathrooms
- 8 Bedrooms
- 7 Full Bathrooms
Parking
- 1 Carport Space
- Parking Lot
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Community Details
- Operating Expense $20,760
Listing and Financial Details
- Assessor Parcel Number 6757517
Map
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
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 | $2,274 | $26,083 | $6,745 | $19,338 |
| 2024 | $2,274 | $26,083 | $6,745 | $19,338 |
| 2023 | $2,322 | $26,083 | $6,745 | $19,338 |
| 2022 | $2,322 | $26,083 | $6,745 | $19,338 |
| 2021 | $2,326 | $26,083 | $6,745 | $19,338 |
| 2020 | $2,216 | $26,090 | $6,750 | $19,340 |
| 2019 | $2,241 | $22,810 | $6,410 | $16,400 |
| 2018 | $2,204 | $22,810 | $6,410 | $16,400 |
| 2017 | $2,266 | $22,810 | $6,410 | $16,400 |
| 2016 | $2,266 | $24,010 | $6,750 | $17,260 |
| 2015 | $2,266 | $24,010 | $6,750 | $17,260 |
| 2014 | $2,238 | $24,010 | $6,750 | $17,260 |
| 2013 | $1,967 | $20,400 | $5,730 | $14,670 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | For Sale | $329,000 | -- | -- |
Source: MLS Now (Howard Hanna)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- |
Source: Public Records
Similar Homes in Akron, OH
Source: MLS Now (Howard Hanna)
MLS Number: 5139871
APN: 67-57517
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Nearby Homes
- 1864 2nd St SW
- 2070 6th St SW
- 514 Rothrock Ave
- 503 Rothrock Ave
- 677 Sharon St
- 683 Sharon St
- 394 Lewis St
- 1725 Manchester Rd
- 2199 6th St SW
- 1940 8th St SW
- 2200 6th St SW
- 2222 4th St SW
- 2153 9th St SW
- 1899 9th St SW
- 1694 Summit Lake Blvd
- 2238 7th St SW
- 546 Thelma Ave
- 534 Thelma Ave
- 530 Thelma Ave
- 785 Silvercrest Ave
- 2080 Manister Ct
- 496 Rothrock Ave
- 2137 7th St SW
- 2196 6th St SW
- 2286 6th St SW
- 2302 9th St SW
- 280 Lake St
- 934 Silvercrest Ave Unit 1
- 1174 La Croix Ave Unit 1
- 36 Cole Ave
- 1148 La Croix Ave
- 46 Brighton Dr
- 685 Longview Ave
- 899 Rosamond Ave
- 67 E Archwood Ave
- 1196 Knox Ave Unit B
- 78 E Mapledale Ave
- 97 E Emerling Ave
- 94 Brighton Dr
- 1240 Anna Ave Unit 1240