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1605 S Water Street, Kent, OH 44240

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For Sale

Price On Request

0.33 acres

  • Apartment
    Property type

  • Newly Listed
    Time on Century 21

  • 0.3 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

18-Unit Apartment Building Recently Updated. Near Kent State University, Portage County, OH. (4) 2-Bedroom & (14) 1-Bedroom Units, Public Utilities Live Auction with Online Bidding Available. ABSOLUTE AUCTION, all sells to the highest bidder on location. ONLINE BIDDING BEGINS THURSDAY, NOVEMBER 13, 2025, AT 12:30 PM, AND AUCTION LIVE ON-SITE BIDDING WILL BEGIN MONDAY, NOVEMBER 17, 2025, AT 12:30 PM. Real Estate offers a tastefully updated and remodeled 18-unit apartment building. There are (4) 2-bedroom units and (14) 1-bedroom units. Each unit offers a living room, a kitchen with appliances and full bathroom. Additional features include paved parking, gas hot water heat, public utilities, and a laundry facility with coin-operated machines. Updates include roof in 2023, boilers in 2024, electric panels in 2024, exterior stain in 2025, and a majority of the units were updated in 2024/2025. Owner pays heat, water, sewer, and trash. Taxes per half year are $4,575. The property is within walking distance to Kent State University, shopping, and restaurants. Combined monthly rent as of August 2025 is $16,110.
MLS# 5169334

Courtesy Of richard t. kiko agency, inc.

(330) 453-9187

Property Features

  • Age
    Over 50 Years Old
  • Heating System
    Steam
  • Lot Size
    0.33 Acres

Map and Directions

Directions to 1605 S Water Street, Kent, OH 44240

Home seller CENTURY 21 Lakeside Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Lakeside Realty

(330) 967-0621
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.