1115 Florida Avenue
Akron, OH, 44314 $ 87,500
Bedrooms3 Baths1.0 Monthly Estimate*
$ 546
for $87,500 with 3 bedrooms and 1 full bath. This home was built in 1923 on a lot size of 0.1136.
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
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FeaturesGeneralSewer Public Sewer
Heating Forced Air
Cooling Central Air
Possession Delivery Of Deed
Roof Asphalt
Garage Spaces 2
Architectural Style Colonial
Construction Materials Other
Year Built 1923
Stories Count 2
Township Akron
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
Additional Parcels Description 6749017
County Summit
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Shadyside Allotment
Garage Y/N true
Total Rooms 8
Full Baths 1
Status Pending
Directions Florida Ave and 22nd St SW
City Akron
High School District Akron CSD - 7701
Lot Size Units Acres
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 1722
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Pending
Occupancy Type Vacant
Middle/Junior School District Akron CSD - 7701
Elementary School District Akron CSD - 7701
Year Built Source Public Records
Property Sub Type Additional Single Family Residence
Legal Description SHADYSIDE LOT 141 S 110 FT LESS SW PT
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InteriorBasement Concrete
Total Fireplaces 0
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Total Bedrooms 3
Main Level Bedrooms 0
Main Level Bathrooms 0
Total Baths 1
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ExteriorParking Features Detached Garage
Water Source Public
Lot Size Area 0.1136
Lot Size Acres 0.1136
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded FeaturesList ByHome Equity Realty GroupBroker
kim.lewis@heqrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $546
- Monthly Property Taxes
- $144
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save NearbySingle family listings in Akron, OH
Average List Price $192,563
Percent of Sale Price 120%
About Akron, OH 197,026 Population
-9% Since 2002
$ 35,547 Median Income
36.97 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
4457920 Elementary School
4457926 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/17/2025 | $87,500 | | Listed Price |