Discover a rare investment opportunity in the City of Akron—one of Ohio’s most promising markets for long-term rental growth. This fully rented quadplex at the corner of Buchtel and Straw provides immediate cash flow with major upside potential. Akron’s strong rental demand, growing economic base, and steady pool of long-term tenants make it a standout destination for investors seeking stability, appreciation, and reliable occupancy. Modern, well-maintained multifamily options in this high-demand area are increasingly hard to find.
A key advantage is the property's construction age. Three units were built in 2004 and a fourth added in 2010, making it one of Summit County’s newer multifamily offerings. Newer mechanicals and infrastructure mean easier maintenance and stronger tenant appeal. The vinyl siding and excellent off-street parking enhance curb appeal for current and future renters.
All four units are occupied, each paying $800 per month. Rents have not increased in over two years and remain below market value—an immediate value-add opportunity. Each unit offers two bedrooms, a full bath upstairs, and a half bath between the kitchen and living room. Three units include full basements with washers and dryers, while the slab unit provides convenient first-floor laundry.
With reliable tenants, solid fundamentals, and clear room for increased returns, this property suits both seasoned investors and newcomers building a strong portfolio. Akron continues to attract investors with its rising rental market, ongoing redevelopment, and deep tenant pool. Newer construction, full occupancy, and value-add potential make this a rare find. Don’t miss the chance to secure a high-performing asset in one of Akron’s most promising investment corridors.
For sale
$339,000
642 E Buchtel Ave, Akron, OH 44304
8beds
3,600sqft
Est.:
Quadruplex, Multi Family
Built in 2004
-- sqft lot
$-- Zestimate®
$94/sqft
$-- HOA
What's special
Convenient first-floor laundryExcellent off-street parking
- 1 day |
- 195 |
- 27 |
Zillow last checked: 8 hours ago
Listing updated: December 09, 2025 at 06:08pm
Listing Provided by:
Alex V Johnson 440-389-3883 rebroker216@gmail.com,
Real Estate Quest, Inc.
Source: MLS Now,MLS#: 5176517
Originating MLS: Other/Unspecificed
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
- Full bathrooms: 4
- 1/2 bathrooms: 4
Heating
- Gas
Cooling
- Central Air
Appliances
- Laundry: In Unit
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 3,600
- Total interior livable area: 3,600 sqft
- Finished area above ground: 3,600
Video & virtual tour
Property
Parking
- Parking features: Outside, Parking Lot, On Street
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: City
Lot
- Size: 9,949.1 Square Feet
- Features: Corner Lot
Details
- Parcel number: 6810686
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 2004
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: East Buchtel Ave
Location
- Region: Akron
Financial & listing details
- Price per square foot: $94/sqft
- Tax assessed value: $246,000
- Annual tax amount: $8,246
- Date on market: 12/9/2025
- Listing terms: Cash,Conventional,1031 Exchange
- Tenant pays: Electricity, Gas, Other
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/9/2025 | Listed for sale | $339,000+37.8%$94/sqft |
Source: | ||
| 9/29/2021 | Sold | $246,000-1.6%$68/sqft |
Source: | ||
| 8/18/2021 | Pending sale | $249,900$69/sqft |
Source: | ||
| 8/12/2021 | Listed for sale | $249,900$69/sqft |
Source: | ||
| 8/6/2021 | Pending sale | $249,900$69/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $8,246 -34.7% | $86,100 |
| 2023 | $12,629 +151.7% | $86,100 +55% |
| 2022 | $5,017 -0.1% | $55,566 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,186/mo
Principal & interest
$1643
Property taxes
$424
Home insurance
$119
Climate risks
Neighborhood: University of Ohio Akron
Nearby schools
GreatSchools rating
- 4/10Mason Community Learning CenterGrades: PK-6Distance: 0.4 mi
- 2/10East Community Learning CenterGrades: 7-12Distance: 1.8 mi
Schools provided by the listing agent
- District: Akron CSD - 7701
Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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