1330 W Waterloo Road Akron, OH $ 450,000
1330 W Waterloo Road
$ 450,000
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1330 W Waterloo Road

Akron, OH, 44314
$ 450,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,771

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Commercial Property for sale in Akron, OH

for $450,000. This building was built in 1964 on a lot size of 0.2479.

This fully rented, turnkey 7-unit property presents a strong investment opportunity with immediate upside potential. Recently renovated, the building consists of 4 studio apartments and 3 two-bedroom units, all fully leased. Current rents are below market, offering room for value-add increases—studio units can be raised to approximately $700 per month, and two-bedroom units to around $850 per month, significantly boosting cash flow. The property is designed with ease of management in mind, featuring a tall crawl space that simplifies maintenance and repairs. Additional income is generated through on-site laundry facilities, and the parking lot provides 7+ spaces, adding convenience and tenant appeal. This is a low-maintenance, income-producing asset in strong rental condition with immediate potential to increase revenue. No showings without a written offer.

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Commercial Active

Price

$ 450,000

Property Type

Commercial

Taxes

$ 6,688

Style

Lot Size

0.2479

Year Built

1964

Town/City

Akron

County/Region

Summit

MLS | Web ID

5139134

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Geothermal Humidity Control Wall Unit(s)
Possession Delivery Of Deed
Roof Asphalt
Year Built 1964
Township Akron
Property Subtype Apartment
Tax Year 2024
Current Use Residential Single Family
Business Type Real Estate Rental Residential
County Summit
Property Type Commercial Sale
Attached Garage false
Status Active
Directions Waterloo Rd between Wooster Rd and Manchester Rd
City Akron
Disclosures Principal is Real Estate Licensed
High School District Akron CSD - 7701
Zoning Description Commercial
Number Of Units Total 7
Lot Size Units Acres
Tax Annual Amount 6688
Water Sewer Expense 195
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Middle/Junior School District Akron CSD - 7701
Elementary School District Akron CSD - 7701
Year Built Source Public Records
Property Sub Type Additional Apartment
Legal Description SV-TR 2 LOT 14 90FT ON WATERLOO RD .310A
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Interior
Basement Crawl Space None
Basement (Y/N) false
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Coin-operated
Main Level Bathrooms 0
Total Baths 0
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Exterior
Fencing Fenced Full
Parking Features Gravel Off Street Parking Lot
Water Source Public
Total Parking 7
Lot Size Area 0.2479
Number of Buildings 1
Building Area Total 3484
Lot Size Acres 0.2479
Lot Size Source Public Records
Waterfront Y/N false
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* Excluded Features
List By
Sylvia Incorvaia

Listing Agent

Exp Realty, Llc.

Broker

sylvia@incteamrealestate.com

Email

Affordability Calculator

$3,328
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,771
Monthly Property Taxes
$557
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4457920 Elementary School
4457926 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/29/2025$450,000 Listed Price

Map


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1330 W Waterloo Road, Akron, OH, 44314 is a Commercial Property for sale at $450,000 with a lot size of 0.2479. 1330 W Waterloo Road was built in 1964. The property's zip code is 44314 which is in Akron, OH