2169-2171 15th Street SWAkron, OH 44314

2169-2171 15th Street SWAkron, OH 44314

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$1,400,000 Active
Commercial - Business MLS 5189629

Listed By

Agency Name: HomeSmart Real Estate Momentum LLC
Agency Contact: Agent Email and Phone: ndswrealtor@gmail.com, 216-770-4232

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

PORTFOLIO OPPORTUNITY SALE! | 10 PROPERTIES | 11 TOTAL UNITS |COMMERCIAL TURNKEY CASH FLOW: Exceptional opportunity to acquire a strategically positioned investment portfolio consisting of one duplex and nine single-family homes, all fully occupied and ideally located within close proximity to one another in Akron, an Ohio workforce rental corridor. SEE SUPPLEMENTS FOR PROPERTY ADDRESS DETAILS. This high-performing portfolio offers strong in-place income with additional upside potential. Most units pay own utilities and yard maintenance. The properties are situated just minutes from major shopping centers, restaurants, gas stations, and local employment hubs, making them highly desirable for long-term tenant retention. Major highlights include: Primarily 2 bedroom / 1 bath layouts. Desirable workforce rental locations. Several homes feature recent updates. Some properties include central air conditioning. Newer roofing and mechanical updates on select homes. Efficient cluster positioning (12 minutes apart) allowing streamlined maintenance and management. Favorable tax structure relative to income performance. The portfolio generates solid NOI based on current performance, with opportunity to optimize rents and further increase returns. The operational advantage of owning multiple properties within immediate proximity creates a rare efficiency edge for both local and out-of-area investors. Whether expanding an existing portfolio or entering the Akron investment market with scale, this offering provides immediate income, operational convenience, and long-term appreciation potential in one of Northeast Ohio's steady workforce rental markets. Serious inquiries only. Contact list agent for more details.

2169-2171 15th Street SW | MLS# 5189629

This commercial property located at 2169-2171 15th Street SW, Akron, OH 44314 is currently listed for sale with an asking price of $1,400,000. 2169-2171 15th Street SW is located within the Akron City school district. Search Akron real estate on 762hunterstrail.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Basement: Full, Other, Concrete, Unfinished
Basement: Yes
Days on Market: 17
Heating: Gas
Lot Size: 0.12 Acres
Roof Type: Asphalt, Fiberglass
Taxes: $2,327 / year
Year Built: 1923

Feature Descriptions

Building Features: Other, Private Restrooms
Parcel#: 6706961
Parking: Driveway
Sewer: Public Sewer
Water: Public

Local Schools

School District: Akron City

Demographics

Summit County Demographic Information for 2169-2171 15th Street SW, 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