$43,000
SOLD MAY 19, 2025

435 Mcgowan St Unit 437 Akron, OH 44306

Middlebury Neighborhood
3 Beds
2 Baths
1,178 Sq Ft
4,948 Sq Ft Lot

Recently Sold

$37 Per Sq Ft

17% Below List Price

24 Days on Market

About This Home

As of May 2025

Investor’s Dream in a HOT Akron Zone – Side-by-Side Duplex CONTRACTOR SPECIAL!!! Perfect BRRR!!! Opportunity – 437 McGowan Ave! Only 51,500$ LOW PRICE!!!Welcome to 437 McGowan Ave, Akron OH – the cash-flow opportunity you’ve been waiting for! Located in one of Akron’s rapidly appreciating pockets, this side-by-side duplex is a perfect addition to your portfolio – whether you’re local or an out-of-state investor looking to tap into Ohio’s booming rental market. Insane low price of 51,000$ Each unit boasts its own private entrance, separate utilities, and spacious layouts – ideal for easy management and long-term stability. With market rents reaching $1300 PER SIDE, you’re looking at up to $2,600/month in gross rental income potential That’s serious ROI potential.The Numbers Make Sense:    •    Prime BRRRR opportunity – Buy, Renovate, Rent, Refinance, Repeat!    •    Value-add potential for savvy contractors or investors looking to boost equity.    •    Surging rental demand in the area – minimal vacancy risk.    •    Duplex = double the income, single purchase.Whether you’re new to investing or looking to scale, this property is a no-brainer. Akron is HOT, and this is your chance to get in before prices climb even higher.Investor Tip: Akron has become a top target for remote investors – affordable entry points and high cap rates make it a Midwest gem.Don’t miss this opportunity – 437 McGowan won’t last long. Schedule your showing today and start your next investment win in Akron!Seller is also selling 9 total properties that can be packaged or sold separately: 121-123 Roswell St., Akron, Ohio; 4047 Township Parkway, Highland Hills, Ohio; 20617 Randolph Parkway, Highland Hills, Ohio; 4058 Northfield Rd., Highland Hills, Ohio; 96 Hall St., Akron, Ohio; 905 Woodward Ave., Akron, Ohio; 835 Berwin Ave., Akron, Ohio; 289 E Glenwood Ave., Akron, Ohio; 435-437 McGowan Ave., Akron, Ohio.

Last Agent to Sell the Property

Mark Colucci

Keller Williams Citywide Brokerage Email: markcolucci@kw.com 440-590-5219 License #2020004747 Listed on: 04/12/2025

Keller Williams Citywide

Last Buyer's Agent

Jaren Fink

RE/MAX Infinity License #2019002906

RE/MAX Infinity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,056

Year Built

  • Built in 1889

Lot Details

  • 4,948 Sq Ft Lot

Parking

  • 1 Car Garage
  • Unpaved Parking

Home Design

  • Fiberglass Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,178 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Matthew Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6831756

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,056

Year Built

Built in 1889

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1889
  • Attribution Contact: markcolucci@kw.com 440-590-5219
  • Subdivision Name: Matthew
  • Above Grade Finished Sq Ft: 1178.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Tax Year: 2024
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.1136
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Unpaved

Utilities

  • Cooling: Central Air
  • 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: 6831756
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1056.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2025
Closed on
May 16, 2025
Sold by
One Nine Zeros Llc
Bought by
Adesanya Olugbenga David
Seller's Agent
Mark Colucci
Keller Williams Citywide
Buyer's Agent
Jaren Fink
RE/MAX Infinity
List Price
$51,500
Sold Price
$43,000
Premium/Discount to List
-$8,500
-16.5%
Total Days on Market
24
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
81615.36%

Purchase Details

Closed on
Dec 15, 2021
Sold by
Grandesco Real Estate Llc
Bought by
One Nine Zeros Llc

Purchase Details

Closed on
Jun 18, 2019
Sold by
Sharma Rajiv and Sharma Mridula
Bought by
Grandesco Real Estate Llc

Purchase Details

Closed on
Nov 21, 2017
Sold by
Kessler Richard John and Kessler Shanna Jeanette
Bought by
Sharma Rajiv and Sharma Mridula

Purchase Details

Closed on
Feb 10, 2014
Sold by
Fannie Mae
Bought by
Kessler Richard John

Purchase Details

Closed on
Jan 16, 2014
Sold by
Fry Heather D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 22, 2008
Sold by
Davis Walda and Davis James L
Bought by
Fry Heather D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,250
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2007
Sold by
Byrd Johnnie and Davis Walda
Bought by
Davis Walda

Purchase Details

Closed on
Feb 20, 2007
Sold by
Homecomings Financial Llc
Bought by
Byrd Johnnie and Davis Walda

Purchase Details

Closed on
Jun 2, 2006
Sold by
Jane William J
Bought by
Homecomings Financial Network Inc

Purchase Details

Closed on
Feb 10, 2006
Sold by
Jane William J
Bought by
Homecomings Financial Network Inc

Purchase Details

Closed on
Aug 6, 1998
Sold by
Weinberger Michael A
Bought by
Jane William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
7.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 1997
Sold by
Weinberger Michael A
Bought by
Jane William J
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $43,000 American Title Solutions
Quit Claim Deed $43,000 Accommodation
Warranty Deed $47,400 Titleco Title Agency
Survivorship Deed $32,000 Title One
Limited Warranty Deed -- None Available
Sheriffs Deed $63,000 None Available
Warranty Deed $72,500 --
Interfamily Deed Transfer -- Cornerstone Title Svcs Llc
Special Warranty Deed $24,500 Cornerstone Title Svcs Llc
Sheriffs Deed $32,000 None Available
Sheriffs Deed $32,000 None Available
Deed $15,000 --
Deed $15,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $70,000 New Conventional
Previous Owner $65,250 Purchase Money Mortgage
Previous Owner $36,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Sold $43,000 -12.2% $37 / Sq Ft
05/06/2025 05/06/25 Pending -- -- --
05/01/2025 05/01/25 Price Changed $49,000 -4.9% $42 / Sq Ft
04/12/2025 04/12/25 For Sale $51,500 -- $44 / Sq Ft
Source: MLS Now

Tax History Compared to Growth

Source: Public Records

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 $2,407 $15,078 $3,248 $11,830
2024 $1,056 $15,078 $3,248 $11,830
2023 $2,407 $15,078 $3,248 $11,830
2022 $813 $10,724 $2,240 $8,484
2021 $814 $10,724 $2,240 $8,484
2020 $903 $10,720 $2,240 $8,480
2019 $1,142 $13,040 $3,770 $9,270
2018 $1,129 $13,040 $3,770 $9,270
2017 $1,108 $13,040 $3,770 $9,270
2016 $1,109 $13,220 $3,770 $9,450
2015 $1,108 $13,220 $3,770 $9,450
2014 $1,033 $13,220 $3,770 $9,450
2013 $1,477 $13,960 $3,770 $10,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5114266

MLS Now

APN: 68-31756