Great Investment Opportunity: Well-maintained 4-unit Brick apartment building with a solid rental history and full occupancy. This property generates $2,850 in gross monthly income, with long-term tenants on month-to-month leases and one newer tenant secured through 5/31/25. The roof is approximately 12 years old with a single layer, and the boiler was replaced in 2007, reducing potential maintenance costs. Each unit comes equipped with seller-owned refrigerators, stoves, and window air conditioners. Tenants enjoy the convenience of a covered 4-car carport and additional parking off the circular driveway. Located close to public transportation and freeway access, this property offers strong rental appeal. Owner covers all utilities, lawn care, and common area maintenance, with expenses averaging $800 per month.
Sold for $210,450 on 12/18/24
$210,450
642 E Wilbeth Rd, Akron, OH 44306
5beds
3,248sqft
Quadruplex, Multi Family
Built in 1930
-- sqft lot
$220,600 Zestimate®
$65/sqft
$1,195 Estimated rent
Home value
$220,600
$199,000 - $245,000
$1,195/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 18, 2024 at 04:43pm
Listing Provided by:
Darlene Hall darlenehall@kw.com330-800-4255,
Keller Williams Chervenic Rlty,
Sarah Hall 330-472-5124,
Keller Williams Chervenic Rlty
Bought with:
Christopher J Barthol, 2021000037
RE/MAX Above & Beyond
Source: MLS Now,MLS#: 5059240
Originating MLS: Akron Cleveland Association of REALTORS
Originating MLS: Akron Cleveland Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Gas, Hot Water, Steam
Cooling
- Window Unit(s)
Appliances
- Included: Range, Refrigerator
- Laundry: Common Area, In Unit
Features
- Basement: Common Basement,Full,Unfinished
Interior area
- Total structure area: 3,248
- Total interior livable area: 3,248 sqft
- Finished area above ground: 3,248
Property
Parking
- Total spaces: 4
- Parking features: Driveway, Detached, Garage, Unpaved
- Carport spaces: 4
Features
- Levels: Three Or More
- Stories: 3
Lot
- Size: 10,798 sqft
Details
- Parcel number: 6740141
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Brick
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Akron
- Subdivision: Wilbeth Road Allotment
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 12/18/2024 | Sold | $210,450-2.1%$65/sqft |
Source:  MLS Now #5059240 Report a problem | ||
| 10/30/2024 | Contingent | $214,900$66/sqft |
Source: MLS Now #5059240 Report a problem | ||
| 10/11/2024 | Price change | $214,900-4.4%$66/sqft |
Source: MLS Now #5059240 Report a problem | ||
| 8/27/2024 | Price change | $224,900-4.3%$69/sqft |
Source: MLS Now #5059240 Report a problem | ||
| 8/9/2024 | Listed for sale | $234,900+17.4%$72/sqft |
Source: MLS Now #5059240 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Firestone Park
Nearby schools
GreatSchools rating
- NAFirestone Park Elementary SchoolGrades: K-5Distance: 0.7 mi
- 3/10Innes Community Learning CenterGrades: 6-8Distance: 3.4 mi
- 4/10Garfield High SchoolGrades: 9-12Distance: 0.6 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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Estimated market value
$220,600
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
$220,600