642 E Buchtel AVE Akron, OH 44304
8 Beds
8 Baths
3,600 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $94
Subdivision East Buchtel Ave
MLS Listing ID 5176517
Bedrooms 8
Full Baths 4
Half Baths 4
HOA Y/N No
Abv Grd Liv Area 3,600
Year Built 2004
Annual Tax Amount $8,246
Tax Year 2024
Lot Size 9,949 Sqft
Acres 0.2284
Property Sub-Type Quadruplex
Property Description
A key advantage is the property's construction age. Three units were built in 2004 and a fourth added in 2010, making it one of Summit County's newer multifamily offerings. Newer mechanicals and infrastructure mean easier maintenance and stronger tenant appeal. The vinyl siding and excellent off-street parking enhance curb appeal for current and future renters.
All four units are occupied, each paying $800 per month. Rents have not increased in over two years and remain below market value—an immediate value-add opportunity. Each unit offers two bedrooms, a full bath upstairs, and a half bath between the kitchen and living room. Three units include full basements with washers and dryers, while the slab unit provides convenient first-floor laundry.
With reliable tenants, solid fundamentals, and clear room for increased returns, this property suits both seasoned investors and newcomers building a strong portfolio. Akron continues to attract investors with its rising rental market, ongoing redevelopment, and deep tenant pool. Newer construction, full occupancy, and value-add potential make this a rare find. Don't miss the chance to secure a high-performing asset in one of Akron's most promising investment corridors.
Location
State OH
County Summit
Direction East
Rooms
Basement Full, Unfinished
Interior
Heating Gas
Cooling Central Air
Fireplace No
Laundry In Unit
Exterior
Parking Features Outside, Parking Lot, On Street
View Y/N Yes
Water Access Desc Public
View City
Roof Type Asphalt,Fiberglass
Accessibility None
Private Pool No
Building
Lot Description Corner Lot
Faces East
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Akron Csd - 7701
Others
Tax ID 6810686
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
