1034 Clay Street
Akron, OH, 44301 $ 169,900
Bedrooms4 Baths2.0 Monthly Estimate*
$ 1,073
for $169,900 with 4 bedrooms and 2 full baths. This home was built in 1926 on a lot size of 0.1189.
Strong turnkey investment opportunity at 1032/1034 Clay St in Akron, Ohio. This fully remodeled duplex is fully occupied by long-term tenants generating a combined $1,925 per month in rental income. One unit is occupied by a Section 8 tenant, while the other tenant receives disability-based rental assistance, providing a stabilized, subsidy-supported income stream and immediate cash flow from day one. The property has been comprehensively renovated, allowing an investor to acquire a turnkey, income-producing duplex without taking on a major renovation or lease-up project. With established long-term tenants already in place and subsidized rental income, the property offers an attractive combination of occupancy stability, dependable monthly income, and simplified ownership. 1032/1034 Clay St is also available as part of a package with 1036/1038 Clay St. Together, the two fully occupied duplexes generate nearly $4,000 per month in combined rental income, giving investors the opportunity to acquire 4 occupied units in one location and immediately add scale to their Northeast Ohio rental portfolio. Located in Akron with convenient access to employment, shopping, public transportation, major roadways, and the broader Cleveland-Akron investment market, this property is well positioned for investors seeking a high-cash-flow, fully renovated, Section 8 and subsidized rental investment. For investors looking for a turnkey Akron duplex, Section 8 investment property, subsidized housing investment, buy-and-hold rental, or cash-flowing Northeast Ohio multifamily property, 1032/1034 Clay St offers a strong combination of renovated condition, long-term tenancy, subsidy-supported rents, immediate income, and package-sale potential.
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FeaturesGeneralSewer Public Sewer
Heating Forced Air
Cooling None
Possession Delivery Of Deed
Roof Asphalt Fiberglass
Garage Spaces 2
Construction Materials Wood Siding
Year Built 1926
Tenant Pays Electricity Gas
Stories Count 2
Township Akron
Levels Two
Property Subtype Duplex
Tax Year 2025
Gross Income 23100
County Summit
Operating Expense 9100
Property Type Residential Income
Attached Garage false
Subdivision Name Grant & Steinert
Garage Y/N true
Total Rooms 10
Full Baths 2
Status Pending
Directions S off of Lovers Ln
City Akron
High School District Akron CSD - 7701
Lot Size Units Acres
Carport Y/N false
Tax Annual Amount 1478
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Pending
Middle/Junior School District Akron CSD - 7701
Elementary School District Akron CSD - 7701
Year Built Source Assessor
Property Sub Type Additional Duplex
Legal Description GRANT & STEINERT 1 ADDN LOT 127 ALL
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InteriorBasement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Half Baths 0
Total Bedrooms 4
Main Level Bathrooms 0
Total Baths 2
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ExteriorParking Features Garage
Water Source Public
Lot Size Area 0.1189
Foundation Details Slab
Number of Buildings 1
Lot Size Acres 0.1189
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
- $1,073
- Monthly Property Taxes
- $123
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 NearbyMulti-family listings in Akron, OH
Average List Price $163,605
Percent of Sale Price 4%
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 |
|---|
| 9/24/2026 | $169,900 | | Listed Price |