$275,000
SOLD JUL 25, 2025

725 Neal Rd Unit 723 Akron, OH 44312

4 Beds
3.5 Baths
1,800 Sq Ft
0.99 Acres

Recently Sold

$153 Per Sq Ft

2% Below List Price

32 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • Eat-In Kitchen

About This Home

As of July 2025

Discover the perfect investment opportunity or multi-family living option at 725 Neal Road in Springfield, Ohio. This spacious brick duplex sits on a generous one-acre lot and offers a total of 4 bedrooms and 4 bathrooms across approximately 1,800 square feet of living space. Each unit features 2 bedrooms and 2 bathrooms, providing comfortable layouts ideal for tenants or extended family. Solidly built with classic brick construction, this property offers both durability and charm. The expansive lot provides plenty of outdoor space for recreation, grilling out, or gardening. Located in a peaceful area with convenient access to local amenities, this duplex is a rare find with great income potential. Don't miss your chance to own a versatile property in a growing area! Updates worth mentioning in recent years are hot water tank (2021), water softner (2021), bamboo floor 725 side (2019), new windows (2018), roof (2016), carpet on both sides within last 5 years.

Last Agent to Sell the Property

Michael Kaim

Real of Ohio Brokerage Email: kylecoffmanrealtor@gmail.com 440-974-0404 License #430767 Listed on: 05/09/2025

Co-Listed By

Kyle Coffman

Real of Ohio Brokerage Email: kylecoffmanrealtor@gmail.com 440-974-0404 License #2023003357

Last Buyer's Agent

Michael Kaim

Real of Ohio Brokerage Email: kylecoffmanrealtor@gmail.com 440-974-0404 License #430767 Listed on: 05/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,973

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 0.99 Acre Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Fiberglass Roof
  • Asphalt Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Eat-In Kitchen
  • Laundry in unit
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 5108684

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,973

Year Built

Built in 1977 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Year Built: 1977
  • Attribution Contact: kylecoffmanrealtor@gmail.com 440-974-0404
  • Co List Office Mls Id: 20658
  • Co List Office Phone: 855-450-0442
  • Above Grade Finished Sq Ft: 1800.0
  • Carport Y N: No
  • Garage Yn: Yes
  • Reso Interior Features: Ceiling Fan(s), Eat-in Kitchen
  • Unit Levels: Two
  • Reso Property Condition: Updated/Remodeled
  • Tax Year: 2024
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Other
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 2

Exterior Features

  • Roof: Asphalt, Fiberglass
  • Acres: 0.99
  • Pool Private: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage

Utilities

  • LaundryFeatures: Main Level, Laundry Room, In Unit
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Springfield LSD Summit- 7713

Lot Info

  • Lot Size Units: Acres
  • Parcel Number: 5108684

Tax Info

  • Tax Annual Amount: 4973.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2025
Closed on
Jul 28, 2025
Sold by
Cromley Brian
Bought by
Younkin Alex
Seller's Agent
Michael Kaim
Real of Ohio
Buyer's Agent
Michael Kaim
Real of Ohio
List Price
$279,900
Sold Price
$275,000
Premium/Discount to List
-$4,900
-1.75%
Views
140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.94%
Original Mortgage
$209,859
Outstanding Balance
$209,593
Interest Rate
6.84%
Mortgage Type
FHA
Estimated Equity
$61,120

Purchase Details

Closed on
Oct 5, 2020
Sold by
Given Not
Bought by
Kowalyk Anita Duff
Source: Public Records

Range of Values:

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Average Value
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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 $275,000 Title Professionals
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $209,859 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2025 07/25/25 Sold $275,000 -1.8% $153 / Sq Ft
06/10/2025 06/10/25 Pending -- -- --
05/09/2025 05/09/25 For Sale $279,900 -- $156 / 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 $9,635 $79,419 $14,361 $65,058
2024 $4,200 $79,419 $14,361 $65,058
2023 $9,635 $79,419 $14,361 $65,058
2022 $4,618 $57,299 $10,332 $46,967
2021 $3,505 $57,299 $10,332 $46,967
2020 $3,103 $57,300 $10,330 $46,970
2019 $2,736 $48,290 $10,960 $37,330
2018 $2,632 $48,290 $10,960 $37,330
2017 $2,533 $48,290 $10,960 $37,330
2016 $2,556 $45,250 $10,960 $34,290
2015 $2,533 $45,250 $10,960 $34,290
2014 $2,503 $45,250 $10,960 $34,290
2013 $2,515 $45,290 $10,960 $34,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 5117229

MLS Now

APN: 51-08684