Prime Turnkey Rental Investment in Akron, OH! Seize this incredible opportunity to own a cash-flowing rental in the thriving city of Akron! Currently occupied with a tenant paying $1,042 per month on a secure lease through 5/31/25, this property boasts a strong 9%+ cap rate and nearly 10% cash-on-cash return based on the asking price. Recent upgrades, including new flooring, fresh paint, and modernized kitchen and bathroom enhancements, add to its long-term value and tenant appeal. Don't miss this hassle-free investment with immediate income potential!
Sold for $84,000 on 05/20/25
$84,000
347 Cleveland St, Akron, OH 44306
3beds
1,607sqft
Single Family Residence
Built in 1918
5,005.04 Square Feet Lot
$85,000 Zestimate®
$52/sqft
$1,275 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 20, 2025 at 01:22pm
Listing Provided by:
Tal Tamir tal@premierclevelandinvesting.com216-870-8687,
Russell Real Estate Services
Bought with:
Min W Zhang, 2020007987
REAFCO
Source: MLS Now,MLS#: 5109476
Originating MLS: Akron Cleveland Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Heating
- Forced Air, Gas
Cooling
- None
Features
- Basement: Full
- Number of fireplaces: 1
Interior area
- Total structure area: 1,607
- Total interior livable area: 1,607 sqft
- Finished area above ground: 1,607
Property
Parking
- Parking features: Driveway, Paved
Features
- Levels: Three Or More,Two
- Stories: 2
Lot
- Size: 5,005 sqft
Details
- Parcel number: 6726313
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Vinyl Siding
- Roof: Asphalt,Fiberglass
Condition
- Updated/Remodeled
- Year built: 1918
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Akron
- Subdivision: Vandalia Heights
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$85,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$85,000