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$84,000
Listing Price2beds
1baths
1,006sqft
4,800sqft lot
534 Thelma Ave, Akron, OH 44314
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
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
1006
2
1
Has Heating:
Yes
Heating Type:
Central
Has Cooling:
Yes
Cooling Type:
Central
Has Fuel:
Yes
Fuel Type:
Gas
Has Basement:
No
Basement Type:
Full
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
4800
No
No
Type:
Garage, Detached
Location:
N/A
Status:
N/A
Number of Spaces:
1
No
No
No
No
Yes
No
No
Construction Details
Bungalow
Wood
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$1,258
$3,119
$11,813
--%
$14,932
2018
$1,243
$3,119
$11,813
--%
$14,932
2017
$1,242
$3,119
$11,813
--%
$14,932
2016
$1,180
$3,119
$12,051
--%
$15,170
2015
$1,179
$3,119
$12,051
--%
$15,170
2013
$1,172
$3,119
$12,859
--%
$15,978
2012
$561
$3,119
$12,859
--%
$15,978
Average Home Price in 44314
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