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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

    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!

    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#: 5109476MLS LogoOriginating 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