539 Thelma Avenue Akron, OH $ 110,000
539 Thelma Avenue
$ 110,000
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539 Thelma Avenue

Akron, OH, 44314
$ 110,000
Bedrooms3 Baths1.0

Monthly Estimate*

$ 686

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Single Family Home for sale in Akron, OH

for $110,000 with 3 bedrooms and 1 full bath. This home was built in 1918 on a lot size of 0.1102.

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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Single Family Pending

Price

$ 110,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 1,209

Style

Lot Size

0.1102

Year Built

1918

Town/City

Akron

County/Region

Summit

MLS | Web ID

5153936

Features
General
Sewer Public Sewer
Heating Hot Water Steam
Cooling None
Possession Delivery Of Deed Negotiable
Roof Asphalt
Architectural Style Colonial
Construction Materials Other
Year Built 1918
Stories Count 2
Township Akron
Levels Two
Property Subtype Single Family Residence
Tax Year 2024
County Summit
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Summit Lake Allotment
Garage Y/N false
Total Rooms 6
Full Baths 1
Status Pending
Directions Thelma Ave and Manchester Rd
City Akron
High School District Akron CSD - 7701
Lot Size Units Acres
Carport Spaces 2
Carport Y/N true
Land Lease Y/N false
Tax Annual Amount 1209
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 Assessor
Property Sub Type Additional Single Family Residence
Legal Description S LAKE LOT 56 ALL
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Interior
Basement Unfinished
Total Fireplaces 0
Basement (Y/N) true
Air Conditioning Y/N false
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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Exterior
Parking Features Direct Access
Water Source Public
Lot Size Area 0.1102
Lot Size Acres 0.1102
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Kim Lewis

Listing Agent

Home Equity Realty Group

Broker

kim.lewis@heqrealty.com

Email

Affordability Calculator

$787
Per Month
87%
13%
0%
Monthly Principal & Interest
$686
Monthly Property Taxes
$101
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.
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Nearby
4457920 Elementary School
4457926 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/17/2025$110,000 Listed Price

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539 Thelma Avenue, Akron, OH, 44314 is a Single Family Home for sale at $110,000 with a lot size of 0.1102. 539 Thelma Avenue has 3 bedrooms, 1.0 baths, and was built in 1918. The property's zip code is 44314 which is in Akron, OH