Property Description

Welcome to this impeccably maintained duplex, a rare investment opportunity offering steady rental income with each side currently leased at $1,000+ per month. This property has undergone significant updates to ensure modern comfort and appeal, including a brand-new roof and sheeting installed in October 2025. The kitchens boast new cabinets, countertops, sinks, and stylish backsplashes, all updated in September 2025, alongside new faucets for a fresh look.(Unit B) Unit A features an updated bathroom with a new toilet, vanity, and faucet, as well as brand-new waterproof LVP flooring throughout and new window shades. Both units, including the basements, have been freshly painted, creating a welcoming atmosphere for tenants. Each unit benefits from separate utilities, and there is parking available for four cars. Stoves, refrigerators, and a lawnmower are included, adding further convenience for new owners. With both sides available for viewing upon an acceptable offer, this is a rare chance to own a fully leased and updated property at an exceptional value. Don't miss out on this turnkey investment opportunity!

1196 Knox Avenue | MLS# 5185267

This multi-family property located at 1196 Knox Avenue, Akron, OH 44314 is currently listed for sale with an asking price of $147,500. Knox Avenue is located within the Akron City school district. Search Akron real estate on 762hunterstrail.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Basement: Interior Entry, Unfinished

Basement: Yes

Cooling: Wall Unit(s)

Days on Market: 7

Heating: Forced Air, Gas

Lot Size: 0.10 Acres

Roof Type: Shingle

Stories: 1.0

Taxes: $1,580 / year

Year Built: 1962

Feature Descriptions

Appliances: Cooktop, Refrigerator

Exterior: Aluminum Siding

Laundry: In Basement

Parcel#: 6847238

Parking: Off Street

Sewer: Public Sewer

Water: Public

Local Schools

School District: Akron City

Demographics

Summit County Demographic Information for 1196 Knox Avenue, Akron, OH 44314

Fips

Fips Code 39153

Population

2020 to 2023 Change down 0.9%

2010 Count 541,781

2020 Count 540,428

2023 Estimate (V2023) 535,733

2020 Estimate (V2023) 540,429

Age Distribution (Years Old)

0 to 4 5.2%

5 to 17 20.5%

18 to 64 54.6%

65 and Older 19.7%

Gender

Male 48.8%

Female 51.2%

Place of Birth

Foreign 5.5%

US 94.5%

Education

High School Graduate, Age 25+ 92.5%

Bachelor's Degree or Higher, Age 25+ 34.6%

Computer and Internet use

Households with a computer 93.6%

Households with a broadband Internet subscription 89.4%

Language

English is Second Language, Age 5+ 6.8%

English is First Language, Age 5+ 93.2%

Veterans

Veterans 27,960

Income

Per Capita Income $40,786

Median Household Income $68,360

People in Poverty 12.6%

Commute

Average Work Commute Time 24 minutes

Housing

Total Housing Units 247,173

Households 228,635

Average Household Size 2.32

Owner-Occupied 66.9%

Multi-Family 22.4%

Owner-Occupied Median Value $182,500

Median selected monthly owner costs -with a mortgage $1,405

Median selected monthly owner costs -without a mortgage $562

Median gross rent $956

Building Permits

New Private Housing Issued 2023 685

Years at Residence

1 Year or More 87.9%

Less Than 1 Year 12.1%

Business and Employment

Private non-farm Establishments 13,393

Private non-farm Employment 241,278

Private non-farm Employment Growth down 0.8%

Nonemployer Establishments 42,765

Number of Firms 48,524

Business Production

Value of Shipments $9,410,730,000

Wholesale Trade $9,120,214,000

Retail Trade $8,582,177,000

Retail Sales Per Capita $15,606

Accommodation and Food Services $1,190,062,000

Land

Land Area 412.75 sq. miles

Population Per Square Mile 1,313

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 894.34 per month $719.65 Principal & Interest $131.67 Property Tax $43.02 Homeowner's Insurance

Change Payment Information

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1196 Knox AvenueAkron, OH 44314