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$ 485,000
Est. payment /mo
Active
598 Blaine AVE Akron, OH 44310
6,747 Sqft Lot
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision O B York Allotment
MLS Listing ID 5161404
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1924
Annual Tax Amount $3,587
Tax Year 2024
Lot Size 6,747 Sqft
Acres 0.1549
Property Sub-Type Apartment
Property Description
Outstanding fully renovated investment opportunity in Akron, Ohio, delivering both turnkey stability and compelling value-add upside. This 5-unit property at 598 Blaine Ave is being sold together with 594 Blaine Ave, with both properties benefiting from over $250,000 in recent capital improvements. Renovations include new mechanicals, water heaters, plumbing, roof, windows, electrical systems, and modernized interiors—ensuring a strong foundation for immediate performance.
A key value-add opportunity exists with four of the units currently configured as 1-bedrooms. With minimal conversion, these can be upgraded to 2-bedroom layouts, allowing all five units in the property to function as 2-bedrooms. This repositioning creates substantial upside, driving higher rents and long-term NOI growth.
Located in a prime Akron corridor near major employers, schools, retail, and transit, the property is well-positioned to maintain strong occupancy while offering investors the rare combination of a stabilized, fully renovated asset and additional upside through simple, cost-effective improvements.
Investment analysis and financials available upon request!
A key value-add opportunity exists with four of the units currently configured as 1-bedrooms. With minimal conversion, these can be upgraded to 2-bedroom layouts, allowing all five units in the property to function as 2-bedrooms. This repositioning creates substantial upside, driving higher rents and long-term NOI growth.
Located in a prime Akron corridor near major employers, schools, retail, and transit, the property is well-positioned to maintain strong occupancy while offering investors the rare combination of a stabilized, fully renovated asset and additional upside through simple, cost-effective improvements.
Investment analysis and financials available upon request!
Location
State OH
County Summit
Rooms
Basement Concrete
Interior
Heating Radiator(s)
Fireplace No
Exterior
Parking Features Additional Parking, Detached, Garage
Water Access Desc Public
Roof Type Asbestos Shingle
Building
Sewer Public Sewer
Water Public
Construction Status Updated/Remodeled
Schools
School District Akron Csd - 7701
Others
Tax ID 6849194
Special Listing Condition Standard
Listed by Kim Lewis • Home Equity Realty Group • garrett.rowan@heqrealty.com, 803-992-1429