2323 Newton StreetAkron, OH 44305

2323 Newton StreetAkron, OH 44305

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$1,690,000 Active
Commercial - Business MLS 5139821
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Listed By

Agency Name: Keller Williams Chervenic Rlty
Agency Contact: stevespinelli@kw.com, 330-472-3614

Shown By

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

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Property Description

Welcome to Newton House Apartments. This well maintained property is a 22 unit, 2 story garden style apartment building consisting of 18- 2 bedroom and 4- 1 bedroom units, all with 1 full bathroom. The two bedroom units are approximately 700 Sq. Ft. and the one bedroom units about 600 +/-. There is a coin operated laundry room in the building, all units have electric ranges and there is baseboard, hot water heat with boiler replaced in 2012. The roof was replaced approximately 2009 and alot of windows/doors in 2009-2010. Two water tanks were just replaced in 2024 and the whole parking lot was stripped & resurfaced in 2025.

2323 Newton Street | MLS# 5139821

This commercial property located at 2323 Newton Street, Akron, OH 44305 is currently listed for sale with an asking price of $1,690,000. Newton Street is located within the Akron City school district. Search Akron real estate on 9590shawneetrail.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Days on Market: 200
Heating: Baseboard, Gas, Hot Water, Steam
Lot Size: 0.81 Acres
Stories: 2.0
Taxes: $20,049 / year
Year Built: 1963

Feature Descriptions

Parcel#: 6854910
Sewer: Public Sewer
Units: 22
Water: Public

Local Schools

School District: Akron City

Demographics

Summit County Demographic Information for 2323 Newton Street, Akron, OH 44305
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

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