NOT LISTED FOR SALE
8 Beds
4 Baths
4,032 Sq Ft
4,861 Sq Ft Lot

Last Sold March 28, 2023

Last sale price $155,000 $38 Per Sq Ft

10 Days on Market

About This Home

As of March 2023

Great opportunity to purchase this four unit building in Akron. Located very close to Akron University, downtown, and Summa health system. Live in one unit and rent the others out or add this one to your portfolio. Each unit is two bedrooms with one bathroom, living room, and kitchen. Tenants pay electric, gas and owner pays water/sewer and trash. Currently one unit is vacant but a tenant is in process of placement. Once property is fully occupied gross monthly rents will be $2,400 monthly.

Last Agent to Sell the Property

Mandria Aceto

Realuxe Ohio License #2003007374 Listed on: 02/24/2023

Last Buyer's Agent

Tony Blackmon

Key Realty License #2015001040

Key Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,234

Year Built

  • Built in 1926

Lot Details

  • 4,861 Sq Ft Lot

Parking

  • Shared Driveway

Home Design

  • Asphalt Roof

Interior Spaces

  • 4,032 Sq Ft Home
  • 4-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 4 Units
  • Excelsior Heights Community

Listing and Financial Details

  • Tenant pays for electric, gas, heating
  • The owner pays for sewer, trash collection, water
  • Assessor Parcel Number 6821929

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,234

Year Built

Built in 1926

Lot Details

4,861 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Four
  • Price Per Square Foot: 38.44
  • Estimated Price per Sq Ft: 38.44
  • Year Built Exception: Actual YBT
  • Total Sq Ft: 4032
  • Year Built: 1926
  • Court Ordered Y N: No
  • Geocode Confidence: High
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1926

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Laundry: 1
  • Sq Ft Approx Above Grade Finished: 4032.00
  • Sq Ft Approx Total Finished: 4032.00

Exterior Features

  • Exterior: Aluminum
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved, Shared

Utilities

  • LaundryFeatures: In Unit
  • Heating Fuel: Gas
  • Heating Type: Forced Air
  • Water/Sewer: Public Water, Public Sewer

Condo/Co-op/Association

  • Subdivision Complex: Excelsior Heights

Schools

  • School District: Akron CSD

Lot Info

  • Lot Size Units: Acres
  • Acres: 0.1116
  • Parcel Number: 6821929

Rental Info

  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Gas, Heating

Multi Family

  • Unit Count: 4
  • Gross Income: 28800.00
  • Num Of Buildings: 1
  • Number of Units: 4
  • Percent Units Occupied: 75

Tax Info

  • Tax: 3234
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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 List to Sale Price per Sq Ft Prior Sale
03/28/2023 03/28/23 Sold $155,000 -11.4% $38 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $175,000 +84.2% $43 / Sq Ft
07/05/2019 07/05/19 Sold $95,000 -4.9% -- View Prior Sale
06/26/2019 06/26/19 Pending -- -- --
04/04/2018 04/04/18 For Sale $99,900 +24.9% --
09/25/2017 09/25/17 Sold $80,000 -23.7% -- View Prior Sale
09/08/2017 09/08/17 Pending -- -- --
08/25/2017 08/25/17 Price Changed $104,900 -12.5% --
08/17/2017 08/17/17 For Sale $119,900 -- --
Source: MLS Now

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 $3,439 $34,867 $5,530 $29,337
2024 $3,439 $34,867 $5,530 $29,337
2023 $3,235 $34,867 $5,530 $29,337
2022 $3,235 $34,867 $5,530 $29,337
2021 $3,239 $34,867 $5,530 $29,337
2020 $3,125 $34,870 $5,530 $29,340
2019 $3,159 $30,850 $5,250 $25,600
2018 $3,271 $30,850 $5,250 $25,600
2017 $3,193 $30,850 $5,250 $25,600
2016 $3,193 $32,470 $5,530 $26,940
2015 $3,193 $32,470 $5,530 $26,940
2014 $3,155 $32,470 $5,530 $26,940
2013 $3,022 $30,150 $4,700 $25,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4440346

MLS Now
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