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$87,500

Listing Price

3beds

1baths

1,544sqft

4,950sqft lot

1115 Florida Ave, Akron, OH 44314

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

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For Sale

Off Market

Single Family

Home type

--

Price / sqft

1923

Year built

Home Details

Outstanding investment portfolio opportunity with property management in place in Akron, Ohio, offering strong cash flow and significant upside. This package includes all properties listed below and their associated parcels, with a current occupancy of 86% across the portfolio. At market rents, the portfolio is projected to deliver a cap rate of 14% or greater, making it an excellent addition for investors seeking immediate performance with room for growth. The properties include a mix of single-family and multi-family units located throughout Akron and Barberton, positioned near major employers, schools, and transportation. Tenants are responsible for utilities in most units, helping to maintain healthy operating margins. With steady rental demand in the area and recent performance already in place, this turnkey package represents a rare chance to acquire a diversified, income-producing portfolio in a high-demand rental market. Properties and parcels included in this sale are: 1115 Florida Ave., Akron, OH 44314 Parcel #6854800; 1725 Manchester Rd., Akron, OH 44314 Parcel #6759324; 213 Hermann St., Barberton, OH 44203 Parcel #0106466; 2167 East Ave., Akron, OH 44314 Parcel #6734163; 2513 Christensen Ave., Akron, OH 44314 Parcel #6804010; 530 Thelma Ave., Akron, OH 44314 Parcel #6827182; 534 Thelma Ave., Akron, OH 44314 Parcel #6706664; 539 Thelma Ave., Akron, OH 44314 Parcel #6821068; 543 Thelma Ave., Akron, OH 44314 Parcel #6821067; 545 Thelma Ave., Akron, OH 44314 Parcel #6

Interior Details

Square Feet
  • 1544

Bedrooms
  • 3

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Central

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Gas

Basement
  • Has Basement:

    No

  • Basement Type:

    Full

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    N/A

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 4950

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Detached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    1

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • Yes

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 2

Style
  • Colonial

Exterior
  • Aluminum/vinyl

Foundation
  • N/A

Roof
  • N/A

Roofing Material
  • N/A

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2019

$1,225

$3,549

$10,721

--%

$14,270

2018

$1,211

$3,549

$10,721

--%

$14,270

2017

$1,210

$3,549

$10,721

--%

$14,270

2016

$1,528

$4,767

$13,608

--%

$18,375

2015

$303

$4,767

$13,608

--%

$18,375

2013

$1,516

$4,767

$14,550

--%

$19,317

2012

$1,489

$4,767

$14,550

--%

$19,317

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Average Home Price in 44314

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$135,000

3 Beds

1 Baths

1,328 Sqft

5,040 Lot (sqft)

Sold 09/29/2026

$128,660

3 Beds

2.5 Baths

1,326 Sqft

5,207 Lot (sqft)

Sold 10/06/2026

$49,900

5 Beds

2 Baths

1,565 Sqft

5,625 Lot (sqft)

Sold 09/29/2026

$75,000

3 Beds

1 Baths

1,464 Sqft

7,250 Lot (sqft)

Sold 09/29/2026

$119,900

4 Beds

2 Baths

1,613 Sqft

5,676 Lot (sqft)

Sold 10/05/2026

$89,900

3 Beds

1 Baths

1,423 Sqft

4,920 Lot (sqft)

Sold 10/06/2026

$125,000

3 Beds

1.5 Baths

1,433 Sqft

3,960 Lot (sqft)

Sold 10/05/2026

$93,584

3 Beds

1.5 Baths

1,541 Sqft

5,580 Lot (sqft)

Sold 09/29/2026

$82,798

3 Beds

1.5 Baths

1,373 Sqft

5,586 Lot (sqft)

Sold 10/06/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
87,500
$
Down payment
17,500
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
525
$
HOA (Monthly)
0
$
PMI
0
$
$566
Your Payment
Total Monthly Payment:$566
Percent of Income:10%
Affordable:Yes

Details for 1115 FLORIDA AVE

Property Debt

Foreclosure Contact Details