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228 Cole Avenue, Akron, OH 44301

Akron
Local realty services provided by:CENTURY 21 Premiere Properties
228 Cole Avenue,Akron, OH 44301
$299,900
  • 4 Beds
  • 4 Baths
  • 3,360 sq. ft.
  • Multi-family
  • Active
Listed by: mandria aceto
Office: realuxe ohio
MLS#:5231356
Source:OH_NORMLS

Price summary

  • Price:$299,900
  • Price per sq. ft.:$89.26

About this home

Investor Special! Solid brick 4-unit multifamily property with immediate cash flow and value-add potential. Each unit offers 1 bedroom, 1 bathroom, a living room, dining room, and a bonus room, providing spacious layouts that appeal to tenants. Currently fully occupied, with two units renting for $500/month and two units renting for $750/month. Opportunity to increase returns through rental increases. Additional upside with the potential to finish the lower level and convert the property into a 6-unit building Convenient Akron location near shopping, restaurants, public transportation, and major highways.

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Home facts

  • Year built:1928
  • Listing ID #:5231356
  • Added:1 day(s) ago
  • Updated:July 28, 2026 at 04:39 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4
  • Full bathrooms:4
  • Basement:Yes
  • Basement Description:Full
  • Living area:3,360 sq. ft.

Heating and cooling

  • Heating:Hot Water, Steam

Structure and exterior

  • Roof:Asphalt
  • Year built:1928
  • Building area:3,360 sq. ft.
  • Lot area:0.13 Acres
  • Construction Materials:Brick
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$299,900
  • Price per sq. ft.:$89.26
  • Tax amount:$5,550 (2025)
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