Prime Investment Opportunity in Firestone Park! This 3-bedroom, 1-bath Colonial offers excellent cash flow potential, currently occupied by a long-term tenant since 2015. The tenant's rent is fully covered by AMHA at $1,300 per month, ensuring steady income.
The property has added flexibility with a finished third-floor attic, featuring a tandem room setup that could be used as two additional bedrooms—offering the possibility of a 5-bedroom layout. The tenant provides their own appliances (except for the dishwasher) and is responsible for electric and gas. Landlord pays water, sewer, and trash. Glass Block windows in basement. New roof 2021. While the property requires some TLC, its strong rental history and earning potential make it a promising addition to your investment portfolio.
Sold
$85,010
487 Palmetto Ave, Akron, OH 44301
3beds
1,439sqft
Single Family Residence
Built in 1919
4,678 sqft lot
$87,100 Zestimate®
$59/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: February 24, 2025 at 09:29am
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:
Kim Lewis, 2017004453
Home Equity Realty Group
Zachary Rohrbough, 2020006161
Home Equity Realty Group
Source: MLS Now,MLS#: 5093702
Originating MLS: Akron Cleveland Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Primary bedroom
- Description: Flooring: Carpet
- Level: Second
- Dimensions: 12 x 10
Bedroom
- Description: Flooring: Carpet
- Level: Second
- Dimensions: 11 x 10
Bedroom
- Level: Third
- Dimensions: 13 x 10
Bedroom
- Description: Flooring: Carpet
- Level: Second
- Dimensions: 11 x 10
Bathroom
- Description: Flooring: Luxury Vinyl Tile
- Level: Second
Dining room
- Description: Flooring: Luxury Vinyl Tile
- Level: First
- Dimensions: 10 x 6
Kitchen
- Description: Flooring: Linoleum
- Level: First
- Dimensions: 10 x 9
Living room
- Description: Flooring: Carpet
- Level: First
- Dimensions: 18 x 11
Heating
- Forced Air, Gas
Cooling
- None
Appliances
- Included: Dishwasher
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 1,439
- Total interior livable area: 1,439 sqft
- Finished area above ground: 1,439
Property
Parking
- Parking features: Driveway, No Garage, Paved
Features
- Levels: Three Or More,Two
- Stories: 2
- Patio & porch: Patio
Lot
- Size: 4,678 sqft
- Dimensions: 40 x 117
Details
- Parcel number: 6842386
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1919
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Akron
- Subdivision: Hillcrest Park
Other
Other facts
- Listing terms: Cash,Conventional
Services availability
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Estimated market value
$87,100
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
$87,100