Outstanding investment portfolio opportunity with property management in place in Akron, Ohio, offering strong cash flow and significant upside. This package includes all properties listed below and their associated parcels, with a current occupancy of 86% across the portfolio. At market rents, the portfolio is projected to deliver a cap rate of 14% or greater, making it an excellent addition for investors seeking immediate performance with room for growth. The properties include a mix of single-family and multi-family units located throughout Akron and Barberton, positioned near major employers, schools, and transportation. Tenants are responsible for utilities in most units, helping to maintain healthy operating margins. With steady rental demand in the area and recent performance already in place, this turnkey package represents a rare chance to acquire a diversified, income-producing portfolio in a high-demand rental market. Properties and parcels included in this sale are: 1115 Florida Ave., Akron, OH 44314 – Parcel #6854800; 1725 Manchester Rd., Akron, OH 44314 – Parcel #6759324; 213 Hermann St., Barberton, OH 44203 – Parcel #0106466; 2167 East Ave., Akron, OH 44314 – Parcel #6734163; 2513 Christensen Ave., Akron, OH 44314 – Parcel #6804010; 530 Thelma Ave., Akron, OH 44314 – Parcel #6827182; 534 Thelma Ave., Akron, OH 44314 – Parcel #6706664; 539 Thelma Ave., Akron, OH 44314 – Parcel #6821068; 543 Thelma Ave., Akron, OH 44314 – Parcel #6821067; 545 Thelma Ave., Akron, OH 44314 – Parcel #6814967; 546 Thelma Ave., Akron, OH 44314 – Parcel #6821066; 601 Glendora Ave., Akron, OH 44320 – Parcel #6749017; 650 Reed Ave., Akron, OH 44306 – Parcel #6819023; 694 Virginia Ave., Akron, OH 44306 – Parcel #6725186; 955 N Firestone Blvd., Akron, OH 44306 – Parcel #6742296. Financials and rent rolls are available upon request
Pending
$84,000
534 Thelma Ave, Akron, OH 44314
2beds
2,760sqft
Est.:
Single Family Residence
Built in 1923
4,800.31 Square Feet Lot
$-- Zestimate®
$30/sqft
$-- HOA
What's special
- 98 days |
- 3 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: November 19, 2025 at 09:15am
Listing Provided by:
Kim Lewis 440-799-5638 kim.lewis@heqrealty.com,
Home Equity Realty Group,
Garrett Rowan 803-992-1429,
Home Equity Realty Group
Source: MLS Now,MLS#: 5153938
Originating MLS: Wayne Holmes Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Heating
- Forced Air
Cooling
- None
Features
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 2,760
- Total interior livable area: 2,760 sqft
- Finished area above ground: 1,380
- Finished area below ground: 1,380
Property
Parking
- Parking features: Direct Access
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,800.31 Square Feet
Details
- Parcel number: 6706664
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Other
- Roof: Asphalt
Condition
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Summit Lake Allotment
HOA
- Has HOA: No
Location
- Region: Akron
Financial & listing details
- Price per square foot: $30/sqft
- Tax assessed value: $60,080
- Annual tax amount: $1,410
- Date on market: 9/4/2025
- Cumulative days on market: 44 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2025 | Pending sale | $84,000$30/sqft |
Source: | ||
| 9/4/2025 | Listed for sale | $84,000$30/sqft |
Source: | ||
| 1/27/2025 | Sold | $84,000+136.6%$30/sqft |
Source: Public Record Report a problem | ||
| 8/7/2024 | Listing removed | $975-22% |
Source: Zillow Rentals Report a problem | ||
| 6/29/2024 | Listed for rent | $1,250+56.3% |
Source: Zillow Rentals Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,410 +19.4% | $21,030 |
| 2023 | $1,181 +11.5% | $21,030 +59.1% |
| 2022 | $1,060 -0.1% | $13,220 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$460/mo
Principal & interest
$326
Property taxes
$105
Home insurance
$29
Climate risks
Neighborhood: Summit Lake
Nearby schools
GreatSchools rating
- 5/10Pfeiffer Elementary SchoolGrades: K-5Distance: 0.6 mi
- 4/10Innes Community Learning CenterGrades: 6-8Distance: 1.1 mi
- 1/10Garfield High SchoolGrades: 9-12Distance: 2 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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