$399,900

2531 Pelton Ave Akron, OH 44314

Estimated payment $2,541/month

Total Views 1,008
8 Beds
4 Baths
2,688 Sq Ft
$149 Price per Sq Ft

Highlights

  • Very Popular Property
  • Forced Air Heating System
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window

About This Home

Excellent investment opportunity! This well-maintained, fully occupied 4-unit brick ranch is truly turn-key. Each unit offers 1,344 total square feet—featuring 672 square feet of living space with 2 bedrooms and 1 bathroom, plus individual 672-square-foot basements with in-unit washers and dryers. All utilities are separately metered, and tenants pay their own gas and electric. Three of the four units have been tastefully renovated with updated kitchens and bathrooms, vinyl flooring, modern fixtures, and fresh paint. The fourth unit is home to a 27-year tenant who prefers the original charm just as it is. Major systems have been professionally upgraded, including extensive plumbing, electrical, and gas line work. Additional improvements include many newer appliances, numerous replaced windows, an excellent-condition roof, and well-maintained gutters and downspouts. The basements have also been waterproofed for added peace of mind. Tenants enjoy off-street parking and a convenient location near highways, shopping, dining, and Portage Lakes. With happy long-term tenants and a strong rental history, this property is a rock-solid addition to any investment portfolio.

Listing Agent

Denise Capriola

Key Realty Brokerage Email: denisecapriola@gmail.com, 330-760-5403 License #449480 Listed on: 08/07/2025

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,346

Year Built

  • Built in 1958 | Remodeled

Lot Details

  • 7,501 Sq Ft Lot

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Fiberglass Roof
  • Asphalt Roof

Interior Spaces

  • 2,688 Sq Ft Home
  • 1-Story Property
  • Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • Common or Shared Parking
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Nesmith Lake Heights Subdivision

Listing and Financial Details

  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 6826717

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,346

Year Built

Built in 1958 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Quadruplex
  • Year Built: 1958
  • Attribution Contact: denisecapriola@gmail.com, 330-760-5403
  • Subdivision Name: Nesmith Lake Heights
  • Above Grade Finished Sq Ft: 2688.0
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • Reso Property Condition: Updated/Remodeled
  • Tax Year: 2024
  • Property Sub Type Additional: Quadruplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Interior Entry
  • Basement: Yes
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Stories: 1
  • Stories: 1

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1722
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Principal is Real Estate Licensed
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Block

Garage/Parking

  • Attached Garage: No
  • Parking Features: Common, Driveway

Utilities

  • LaundryFeatures: In Basement
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Akron CSD - 7701

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 6826717

Rental Info

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

Multi Family

  • Gross Income: 3450.0

Tax Info

  • Tax Annual Amount: 4346.0

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 For Sale $399,900 +171.1% $149 / Sq Ft
06/07/2018 06/07/18 Off Market $147,500 -- --
05/29/2018 05/29/18 Sold $147,500 -7.8% --
04/09/2018 04/09/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $159,900 -- --
Source: MLS Now

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See All Homes in Akron

Source: MLS Now

MLS Number: 5145927

MLS Now

Ohio Summit County Akron 44314

2531 Pelton Ave, Akron, OH

This home is located at 2531 Pelton Ave, Akron, OH 44314 and is currently priced at $399,900, approximately $148 per square foot. This property was built in 1958. 2531 Pelton Ave is a home located in Summit County with nearby schools including St. Francis de Sales School and Sam Salem Community Learning Center.

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Nearby Homes
Denise Capriola
Listing Agent
Denise Capriola
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Key Realty
(234) 720-3349