Excellent investment opportunity! This well-maintained, fully occupied 4-unit brick ranch is truly turn-key. Each unit offers 1,344 total square feet—featuring 672 square feet of living space with 2 bedrooms and 1 bathroom, plus individual 672-square-foot basements with in-unit washers and dryers. All utilities are separately metered, and tenants pay their own gas and electric. Three of the four units have been tastefully renovated with updated kitchens and bathrooms, vinyl flooring, modern fixtures, and fresh paint. The fourth unit is home to a 27-year tenant who prefers the original charm just as it is. Major systems have been professionally upgraded, including extensive plumbing, electrical, and gas line work. Additional improvements include many newer appliances, numerous replaced windows, an excellent-condition roof, and well-maintained gutters and downspouts. The basements have also been waterproofed for added peace of mind. Tenants enjoy off-street parking and a convenient location near highways, shopping, dining, and Portage Lakes. With happy long-term tenants and a strong rental history, this property is a rock-solid addition to any investment portfolio.
For sale
$399,900
2531 Pelton Ave, Akron, OH 44314
8beds
2,688sqft
Est.:
Quadruplex, Multi Family
Built in 1958
-- sqft lot
$-- Zestimate®
$149/sqft
$-- HOA
What's special
Modern fixturesExcellent-condition roofOff-street parkingFresh paintNewer appliancesVinyl flooringIn-unit washers and dryers
- 2 days
- on Zillow |
- 148 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: August 08, 2025 at 06:54am
Listing Provided by:
Denise Capriola 330-760-5403 denisecapriola@gmail.com,
Key Realty
Source: MLS Now,MLS#: 5145927
Originating MLS: Akron Cleveland Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air, Gas
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dryer, Range, Refrigerator, Washer
- Laundry: In Basement
Features
- Basement: Full,Interior Entry
Interior area
- Total structure area: 2,688
- Total interior livable area: 2,688 sqft
- Finished area above ground: 2,688
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Common, Driveway
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,501.03 Square Feet
Details
- Parcel number: 6826717
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Brick
- Foundation: Block
- Roof: Asphalt,Fiberglass
Condition
- Updated/Remodeled
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Nesmith Lake Heights
Location
- Region: Akron
Financial & listing details
- Price per square foot: $149/sqft
- Annual tax amount: $4,346
- Date on market: 8/7/2025
- Tenant pays: Cable TV, Electricity, Gas, Internet
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