Located in the heart of off campus houses, this a great opportunity to own 8 contiguous parcels as a package of turnkey University of Akron student rentals! The 26 bedroom package consists of 2 duplexes, 3 single family houses and 2 additional single family houses each with 2 kitchens that could easily be converted into duplexes.There is also a large 16 space parking lot.
Annual Income of $119,340, Utilities $7,992, Insurance $3,996, Tax $11,544, Lawn $2,802, Repair $2,493. Net Operating Income $88,053
Currently leased through July 2023; owner is in the process of renewing leases through July 2024.
Fantastic cash flow opportunity!!
Sold for $120,000 on 03/27/23
$120,000
319 Power St, Akron, OH 44311
4beds
1,452sqft
Single Family Residence
Built in 1899
0.26 Acres Lot
$127,000 Zestimate®
$83/sqft
$1,376 Estimated rent
Home value
$127,000
$104,000 - $149,000
$1,376/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 26, 2023 at 02:45pm
Listing Provided by:
Justin T Aikens 330-388-2637,
Keller Williams Chervenic Rlty
Bought with:
Robert J Cole Sr., 2016001279
RE/MAX Above & Beyond
Source: MLS Now,MLS#: 4423058
Originating MLS: Akron Cleveland Association of REALTORS
Originating MLS: Akron Cleveland Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Heating
- Forced Air, Gas
Cooling
- None
Features
- Has basement: Yes
- Number of fireplaces: 1
Interior area
- Total structure area: 1,452
- Total interior livable area: 1,452 sqft
- Finished area above ground: 1,452
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage, Paved
- Garage spaces: 1
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.26 Acres
Details
- Parcel number: 6745023
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1899
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Akron
- Subdivision: Voris & Steinbacher
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2025 | Listing removed | -- |
Source: Zillow Rentals | ||
| 6/24/2025 | Listed for rent | -- |
Source: Zillow Rentals | ||
| 5/17/2024 | Listing removed | -- |
Source: Zillow Rentals | ||
| 5/2/2024 | Price change | $1,250-2%$1/sqft |
Source: Zillow Rentals | ||
| 12/14/2023 | Price change | $1,275+1.2%$1/sqft |
Source: Zillow Rentals | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,604 +19.4% | $38,960 |
| 2023 | $2,180 +19.5% | $38,960 +54% |
| 2022 | $1,824 -5.3% | $25,302 |
Find assessor info on the county website
Neighborhood: University of Ohio Akron
Nearby schools
GreatSchools rating
- 4/10Leggett Community Learning CenterGrades: K-5Distance: 0.2 mi
- 5/10Jennings Community Learning CenterGrades: 6-8Distance: 2.5 mi
- 4/10North High SchoolGrades: PK,9-12Distance: 2.6 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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$127,000
2% more+ $2,540
With Zillow Showcase(estimated)
$129,540