1413 East AvenueAkron, OH 44307

1413 East AvenueAkron, OH 44307

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$149,900 Active
Multi Unit - Multiple MLS 5186900

Listed By

Agency Name: Realuxe Ohio
Agency Contact: sabrina@nexstephomes.com, 216-903-7710

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

This brick multi-family in Akron, Ohio, presents a prime opportunity for savvy investors and house-hacking homebuyers seeking to build equity while minimizing or eliminating monthly housing costs. This duplex features 6 bedrooms and 2 bathrooms. The upper unit, featuring a large kitchen, 4 bedrooms, living room, and full bath, is perfect for multiple tenants. Additionally, there are extra rooms upstairs that can be converted into additional bedrooms. The lower unit offers 2 bedrooms, flexible layout options for the owner-occupant or for generating additional rental income. This sale also includes the additional parcel nextdoor. Located in the Lane-Wooster area, the property benefits from Akron's ongoing revitalization. It's conveniently situated near major employers, highways, and amenities. The brick construction provides durability and low-maintenance appeal, making it a strong candidate for value-add updates that can boost rents and appreciation. There is no showings on the property until accepted offer for tenant safety. This property is being sold as-is.

1413 East Avenue | MLS# 5186900

This multi-family property located at 1413 East Avenue, Akron, OH 44307 is currently listed for sale with an asking price of $149,900. East Avenue is located within the Akron City school district. Search Akron real estate on 9590shawneetrail.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Days on Market: 20
Heating: Gas
Lot Size: 0.15 Acres
Roof Type: Asphalt
Stories: 3.0
Taxes: $2,579 / year
Year Built: 1919

Feature Descriptions

Exterior: Brick
Parcel#: 6740093
Parking: Driveway
Sewer: Public Sewer
Water: Public

Local Schools

School District: Akron City

Demographics

Summit County Demographic Information for 1413 East Avenue, Akron, OH 44307
Fips
Fips Code 39153
Population
2020 to 2023 Change down 0.9%
2010 Count 541,781
2020 Count 540,428
2023 Estimate (V2023) 535,733
2020 Estimate (V2023) 540,429
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.5%
18 to 64 54.6%
65 and Older 19.7%
Gender
Male 48.8%
Female 51.2%
Place of Birth
Foreign 5.5%
US 94.5%
Education
High School Graduate, Age 25+ 92.5%
Bachelor's Degree or Higher, Age 25+ 34.6%
Computer and Internet use
Households with a computer 93.6%
Households with a broadband Internet subscription 89.4%
Language
English is Second Language, Age 5+ 6.8%
English is First Language, Age 5+ 93.2%
Veterans
Veterans 27,960
Income
Per Capita Income $40,786
Median Household Income $68,360
People in Poverty 12.6%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 247,173
Households 228,635
Average Household Size 2.32
Owner-Occupied 66.9%
Multi-Family 22.4%
Owner-Occupied Median Value $182,500
Median selected monthly owner costs -with a mortgage $1,405
Median selected monthly owner costs -without a mortgage $562
Median gross rent $956
Building Permits
New Private Housing Issued 2023 685
Years at Residence
1 Year or More 87.9%
Less Than 1 Year 12.1%
Business and Employment
Private non-farm Establishments 13,393
Private non-farm Employment 241,278
Private non-farm Employment Growth down 0.8%
Nonemployer Establishments 42,765
Number of Firms 48,524
Business Production
Value of Shipments $9,410,730,000
Wholesale Trade $9,120,214,000
Retail Trade $8,582,177,000
Retail Sales Per Capita $15,606
Accommodation and Food Services $1,190,062,000
Land
Land Area 412.75 sq. miles
Population Per Square Mile 1,313

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 990.00 per month $731.36 Principal & Interest $214.92 Property Tax $43.72 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage