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Sold for $68,000 on 06/06/25
  • $68,000

    12 Lake St, Akron, OH 44301

    4beds
    2,160sqft
    Triplex, Multi Family
    Built in 1920
    -- sqft lot
    $68,400 Zestimate®
    $31/sqft
    $1,164 Estimated rent

    What's special

    Akron Triplex – Prime Investment Opportunity! This value-add property offers immediate income with significant upside potential. The lower unit is a 2-bedroom, 1-bath, currently tenant-occupied, Section 8 compliant, and generating $772/month on a month-to-month lease. The two upstairs units are both 1-bedroom, 1-bath and are currently vacant—perfect for renovation and increased rental income. Each unit is separately metered for gas and electric, making tenant management simple and efficient. With some updates, this triplex could deliver excellent cash flow in a high-demand rental area. Sold As-Is.

    Zillow last checked: 7 hours ago

    Listing updated: June 09, 2025 at 10:20am

    Listing Provided by:

    Gypsy Smolsky gypsy.realohio@gmail.com407-630-2316,

    Real of Ohio

    Bought with:

    Gypsy Smolsky, 2020007509

    Real of Ohio

    Source: MLS Now,MLS#: 5115860MLS LogoOriginating MLS: Lake Geauga Area Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Electric
    Cooling
    • Central Air
    Features
    • Basement: None
    Interior area
    • Total structure area: 2,160
    • Total interior livable area: 2,160 sqft
    • Finished area above ground: 2,160

    Property

    Parking
    • Parking features: Asphalt
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,150 sqft
    Details
    • Parcel number: 6818742
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    Materials
    • Aluminum Siding
    • Roof: Asphalt,Fiberglass
    Condition
    • Fixer
    • Year built: 1920

    Utilities & green energy

    • Sewer: Other
    • Water: Public

    Community & neighborhood

    Location
    • Region: Akron
    • Subdivision: Miller & Long Allotment

    Other

    Other facts
    • Listing terms: Cash
    Services availability
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    Estimated market value

    $68,400