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.
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
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#: 5115860
Originating 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