$92,000
$87,200
5.5%For more information regarding the value of a property, please contact us for a free consultation.
892-894 Storer AVE Akron, OH 44320
5 Beds
2 Baths
3,354 Sqft Lot
Key Details
Sold Price $92,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5186691
Sold Date 05/18/26
Bedrooms 5
Full Baths 2
HOA Y/N No
Year Built 1920
Annual Tax Amount $2,187
Tax Year 2024
Lot Size 3,354 Sqft
Acres 0.077
Property Sub-Type Duplex
Property Description
Turnkey Buy & Hold income property in Akron 44320 with strong cash flow and value-add upside. Duplex features separate meters, new water heaters, updated upstairs bathroom, roof approx. 12 years old, and a functioning furnace. Current rents are $700 for the downstairs 2/1 (market $850) and $850 for the upstairs 3/1 (market $1,000), with current tenants already agreeing to rent increases, bringing total rent potential to $1,850/month. Estimated ARV ~$150,000 with approx. $39,000 equity at purchase, making this a strong long-term hold or DSCR-friendly investment with excellent upside and income stability.
Location
State OH
County Summit
Direction East
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Exterior
Parking Features Driveway
Garage Spaces 1.0
Garage Description 1.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Faces East
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Akron Csd - 7701
Others
Tax ID 6739003
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Tyson T Hartzler • Real of Ohio