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.
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
Owner options
What's special
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