1605 S Water Street
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1605 S Water Street

Kent, OH, 44240 Bedrooms-- Baths--

Monthly Estimate*

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Commercial Property for sale in Kent, OH

. This building was built in 1963 on a lot size of 0.3291.

18-Unit Apartment Building Recently Updated. Near Kent State University, Portage County, OH. (4) 2-Bedroom & (14) 1-Bedroom Units, Public Utilities Live Auction with Online Bidding Available. ABSOLUTE AUCTION, all sells to the highest bidder on location. ONLINE BIDDING BEGINS THURSDAY, NOVEMBER 13, 2025, AT 12:30 PM, AND AUCTION LIVE ON-SITE BIDDING WILL BEGIN MONDAY, NOVEMBER 17, 2025, AT 12:30 PM. Real Estate offers a tastefully updated and remodeled 18-unit apartment building. There are (4) 2-bedroom units and (14) 1-bedroom units. Each unit offers a living room, a kitchen with appliances and full bathroom. Additional features include paved parking, gas hot water heat, public utilities, and a laundry facility with coin-operated machines. Updates include roof in 2023, boilers in 2024, electric panels in 2024, exterior stain in 2025, and a majority of the units were updated in 2024/2025. Owner pays heat, water, sewer, and trash. Taxes per half year are $4,575. The property is within walking distance to Kent State University, shopping, and restaurants. Combined monthly rent as of August 2025 is $16,110.

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Commercial Pending

Price

$ 0

Property Type

Commercial

Taxes

$ 9,149

Style

Lot Size

0.3291

Year Built

1963

Town/City

Kent

County/Region

Portage

MLS | Web ID

5169334

Features
General
Sewer Public Sewer
Heating Gas Hot Water Steam
Cooling Electric Window Unit(s)
Possession Delivery Of Deed
Year Built 1963
Township Kent
Property Subtype Apartment
Tax Year 2024
County Portage
Property Type Commercial Sale
Attached Garage false
Subdivision Name Younkman
Status Pending
Directions 1605 S. Water Street Kent OH 44240: Property is located just north of SR 261 on S. Water Street.
City Kent
High School District Kent CSD - 6705
Zoning Description Residential
Lot Size Units Acres
Tax Annual Amount 9149
Property Condition Updated/Remodeled
Living Area Units Square Feet
Standard Status Pending
Middle/Junior School District Kent CSD - 6705
Elementary School District Kent CSD - 6705
Year Built Source Public Records
Property Sub Type Additional Apartment
Legal Description YOUNKMAN LOT 24
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Interior
Air Conditioning Y/N true
Heating Y/N true
Main Level Bathrooms 0
Total Baths 0
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Exterior
Parking Features Asphalt
Water Source Public
Lot Size Area 0.3291
Lot Size Acres 0.3291
Lot Size Source Assessor
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* Excluded Features
List By
Randy L Compton

Listing Agent

Kiko

Broker

rcompton@kikocompany.com

Email

Affordability Calculator

$762
Per Month
0%
100%
0%
Monthly Principal & Interest
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Monthly Property Taxes
$762
Monthly Home Insurance
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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
4634602 Elementary School
4634601 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/3/2025$0 Listed Price

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1605 S Water Street, Kent, OH, 44240 is a Commercial Property for sale at $0 with a lot size of 0.3291. 1605 S Water Street was built in 1963. The property's zip code is 44240 which is in Kent, OH