Find your new home in Northeast Ohio

Property Description

Outstanding investment portfolio opportunity 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

Features
: Gas
Address Map
OH
Summit
Kenmore
44314
Florida
1115
Avenue
W82° 25' 57.5''
N41° 2' 33.4''
Property Details
Active
Home Equity Realty Group
Kim Lewis
W2017004453
20422
6854800
$1,722
2018003852
27/08/2025 20:03:31
No
No
No
No

1115 Florida Avenue, Kenmore, Ohio 44314

Commercial Sale For Sale

0.11 Sqft
$1,400,000
Listing ID #5151689
Basic Details
Property Type : Commercial Sale
Property Sub Type : Other
Listing Type : For Sale
Listing ID : 5151689
Price : $1,400,000
Year Built : 1923
Lot Area : 0.11 Sqft
Agent info
Berkshire Hathaway HomeServices Professional Realty
7466 Auburn Road Suite A, Concord, Ohio 44077
$
$ %
years
%
$ %per year
$ %per year

$

Contact Form
Basic Info
Contact Info
Next
Request Details
$
-
-
Sqft
Sqft
Submit