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Sold for $285,000 on 09/08/25
  • $285,000

    1881 Manchester Rd, Akron, OH 44314

    4beds
    --sqft
    Quadruplex, Multi Family
    Built in 1913
    -- sqft lot
    $285,000 Zestimate®
    $--/sqft
    $-- Estimated rent

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    What's special

    Excellent investment opportunity in Kenmore. For sale is a two-property package: A brick five-unit apartment building and a nice duplex right next door. There is a total of 7 units. (6 one bedroom and one two bedroom). Same owner for 35 years. This property has been well maintained. Both properties have been waterproofed. There are vinyl windows throughout and glass block in basements. (approx. 10 yrs.) Flat roof on building is a maintenance free membrane (approx. 15 yrs old). Electric has been updated. One building has a new furnace and H2O tank. Tenants are all on a month to month. There is room for increases all around. See attached income/expense sheet. Gross rents are $57,420. NOI is $32,994. The CAP RATE is 10%. Pre-approved, or cash buyers only can tour common areas, and two units with 24–48-hour notice. This is a nice, clean property that is a great addition to your portfolio or a solid start for a new investor.

    Zillow last checked: 7 hours ago

    Listing updated: September 08, 2025 at 09:13am

    Listed by:

    Debbi Osborne 216-287-4890 debbiosborne@howardhanna.com,

    Howard Hanna

    Bought with:

    Debbi Osborne, 2004008188

    Howard Hanna

    Source: MLS Now,MLS#: 5139871Originating MLS: Akron Cleveland Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 7
    Heating
    • Forced Air, Gas
    Cooling
    • None
    Appliances
    • Laundry: In Basement
    Features
    • Has basement: Yes

    Property

    Parking
    • Parking features: Parking Lot
    • Carport spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.30 Acres
    Details
    • Additional parcels included: 6746594
    • Parcel number: 6757517

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Aluminum Siding, Brick, Wood Siding
    • Foundation: Block
    • Roof: Asphalt,Flat,Membrane,Shingle
    Condition
    • Year built: 1913

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Akron

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
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    Estimated market value
    $285,000