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  • $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

    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.

    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#: 5093702MLS LogoOriginating 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
    Get a cash offer in 3 minutes

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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