601 Glendora Ave Akron, OH 44320
West Akron NeighborhoodEstimated payment $627/month
Highlights
- Cape Cod Architecture
- No HOA
- Forced Air Heating System
- 1 Fireplace
- 1 Car Detached Garage
About This Home
Outstanding investment portfolio opportunity with property management in place in Akron, Ohio, offering strong cash flow and significant upside. This package includes all properties listed below and their associated parcels, with a current occupancy of 86% across the portfolio. At market rents, the portfolio is projected to deliver a cap rate of 14% or greater, making it an excellent addition for investors seeking immediate performance with room for growth. The properties include a mix of single-family and multi-family units located throughout Akron and Barberton, positioned near major employers, schools, and transportation. Tenants are responsible for utilities in most units, helping to maintain healthy operating margins. With steady rental demand in the area and recent performance already in place, this turnkey package represents a rare chance to acquire a diversified, income-producing portfolio in a high-demand rental market. Properties and parcels included in this sale are: 1115 Florida Ave., Akron, OH 44314 – Parcel #6854800; 1725 Manchester Rd., Akron, OH 44314 – Parcel #6759324; 213 Hermann St., Barberton, OH 44203 – Parcel #0106466; 2167 East Ave., Akron, OH 44314 – Parcel #6734163; 2513 Christensen Ave., Akron, OH 44314 – Parcel #6804010; 530 Thelma Ave., Akron, OH 44314 – Parcel #6827182; 534 Thelma Ave., Akron, OH 44314 – Parcel #6706664; 539 Thelma Ave., Akron, OH 44314 – Parcel #6821068; 543 Thelma Ave., Akron, OH 44314 – Parcel #6821067; 545 Thelma Ave., Akron, OH 44314 – Parcel #6814967; 546 Thelma Ave., Akron, OH 44314 – Parcel #6821066; 601 Glendora Ave., Akron, OH 44320 – Parcel #6749017; 650 Reed Ave., Akron, OH 44306 – Parcel #6819023; 694 Virginia Ave., Akron, OH 44306 – Parcel #6725186; 955 N Firestone Blvd., Akron, OH 44306 – Parcel #6742296. Financials and rent rolls are available upon request
Listing Agent
Home Equity Realty Group Brokerage Email: kim.lewis@heqrealty.com, 440-799-5638 License #2017004453 Listed on: 08/26/2025
Co-Listing Agent
Home Equity Realty Group Brokerage Email: kim.lewis@heqrealty.com, 440-799-5638 License #2025003866
Home Details
Home Type
- Single Family
Year Built
- Built in 1931
Lot Details
- 3,398 Sq Ft Lot
Parking
- 1 Car Detached Garage
Home Design
- Cape Cod Architecture
- Bungalow
- Asphalt Roof
Interior Spaces
- 1.5-Story Property
- 1 Fireplace
- Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- No Cooling
- Forced Air Heating System
Community Details
- No Home Owners Association
- Pleasant View Subdivision
Listing and Financial Details
- Assessor Parcel Number 6749017
Map
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 | $2,040 | $36,114 | $8,292 | $27,822 |
| 2024 | $2,040 | $36,114 | $8,292 | $27,822 |
| 2023 | $2,040 | $36,114 | $8,292 | $27,822 |
| 2022 | $1,873 | $24,403 | $5,604 | $18,799 |
| 2021 | $1,775 | $24,403 | $5,604 | $18,799 |
| 2020 | $1,750 | $24,400 | $5,600 | $18,800 |
| 2019 | $1,490 | $19,420 | $5,040 | $14,380 |
| 2018 | $1,471 | $19,420 | $5,040 | $14,380 |
| 2017 | $1,341 | $19,420 | $5,040 | $14,380 |
| 2016 | $1,342 | $16,910 | $5,040 | $11,870 |
| 2015 | $1,341 | $16,910 | $5,040 | $11,870 |
| 2014 | $1,688 | $16,910 | $5,040 | $11,870 |
| 2013 | $1,364 | $17,760 | $5,040 | $12,720 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/17/2025 09/17/25 | Pending | -- | -- | -- | |
| 08/26/2025 08/26/25 | For Sale | $87,500 | 0.0% | -- | |
| 05/06/2024 05/06/24 | Rented | $1,150 | 0.0% | -- | |
| 05/06/2024 05/06/24 | Under Contract | -- | -- | -- | |
| 04/01/2024 04/01/24 | For Rent | $1,150 | +21.1% | -- | |
| 01/30/2023 01/30/23 | Rented | $950 | -9.5% | -- | |
| 11/18/2022 11/18/22 | For Rent | $1,050 | 0.0% | -- | |
| 12/28/2016 12/28/16 | Sold | $16,500 | 0.0% | $13 / Sq Ft | View Prior Sale |
| 09/23/2016 09/23/16 | Off Market | $16,500 | -- | -- | |
| 09/23/2016 09/23/16 | Pending | -- | -- | -- | |
| 08/25/2016 08/25/16 | For Sale | $31,000 | -- | $24 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $77,500 | Chicago Title | |
| Warranty Deed | $995,000 | Chicago Title | |
| Warranty Deed | $65,000 | Fireland Title | |
| Limited Warranty Deed | $16,500 | None Available | |
| Sheriffs Deed | $30,000 | None Available | |
| Quit Claim Deed | $90,000 | Criss Cross Title Services L | |
| Executors Deed | $26,000 | Approved Statewide Title Age | |
| Certificate Of Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $59,568 | Credit Line Revolving | |
| Previous Owner | $360,000 | New Conventional | |
| Previous Owner | $76,500 | Purchase Money Mortgage |
Source: MLS Now
MLS Number: 5153929
APN: 67-49017
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