101563 . 12 Home SFR Akron, OH

101563 . 12 Home SFR Akron, OH, Akron, OH 44301

  • For Sale $1,000,000
  • Property Type Multi-Family
  • Property Size 13,231 SF
  • Units 12
  • Lot Size 1.27 Acre
  • Year Built 1930
  • Date Updated Mar 5, 2024
Nestled in northeastern Ohio, Akron stands as a city with a rich industrial history and a contemporary focus on innovation. With a population of around 198,006, Akron has evolved from its rubbermanufacturing roots into a diverse urban center. Akron’s economic landscape reflects a deliberate shift from its historical reliance on rubber production. While tire manufacturing is still present, the city has diversified its economy. Healthcare and biomedical industries have grown significantly, anchored by institutions like Akron Children’s Hospital and the Cleveland Clinic Akron General. The presence of Goodyear Tire & Rubber Company’s world headquarters maintains a link to Akron’s industrial past, symbolizing the city’s ability to adapt to economic changes. City development in Akron reflects a commitment to urban revitalization. The downtown area has undergone substantial transformation, featuring new residential spaces, restaurants, and entertainment venues. Efforts to repurpose historical buildings contribute to the city’s unique architectural character. The Main Street Arts and Entertainment District is a focal point for cultural experiences, hosting events that draw both locals and visitors. Akron’s education scene includes the University of Akron, a public research university offering a wide range of academic programs. The university contributes to the city’s intellectual vibrancy and fosters innovation, particularly in fields like polymer science and engineering. Akron Public Schools serve the educational needs of the community, emphasizing programs that prepare students for both college and careers. While tourism may not be the primary driver of Akron’s economy, the city offers attractions that draw visitors. Stan Hywet Hall and Gardens, a historic mansion, provides a glimpse into Akron’s affluent past. The Akron Art Museum showcases contemporary and modern art, while the Akron Civic Theatre, a historic venue, hosts various performances. Outdoor enthusiasts can explore the Ohio & Erie Canal Towpath Trail, a scenic route connecting Akron with the broader regional trail system. Beyond these attractions, Akron is known for hosting events that celebrate its diverse culture. The National Hamburger Festival and the AllAmerican Soap Box Derby are examples of community gatherings that capture the city’s spirit. In conclusion, Akron is a city that has successfully navigated economic transitions, transforming from an industrial powerhouse to a dynamic urban center with a diverse economy. The commitment to city development, educational excellence, and the celebration of its cultural heritage positions Akron as a city with a promising future, where the echoes of its industrial past harmonize with the rhythms of contemporary life.

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Highlights

  • Average living square footage per home is 1,103
  • 2-, 3- and 4-bedroom homes scattered about Akron OH
  • Value add as current rents are 10% below market rental rates
  • Most homes are section 8 and AMHA certified
  • Homes average vintage is 1930
  • Portfolio is under property management
  • Average monthly rent of $986 is 10% below market rates
  • 51.3% of single-family homes in Akron are occupied by renters
  • All SVN® Offices Independently Owned & Operated
  • Local Broker License Information: www.SFRhub.com/realestatelicensing

Contacts

broker

Tim Orscheln

SVN | SFRhub Marketplace

(602) 441-5354

Location

Getting Around

  • Walk Score ®

    55/100 Somewhat Walkable
  • Transit Score ®

    28/100 Some Transit
  • Bike Score ®

    47/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Akron, OH
  • Neighborhood Firestone Park
  • Zip Code 44301
  • Market Cleveland Akron

Points of Interest

  • Rides 4 Less

    1.58 miles

  • Akron Northside

    3.17 miles

  • Anytime Taxi Cab

    5.18 miles

  • Botzum

    8.47 miles

  • Marathon

    0.49 miles

  • Circle K

    0.95 miles

  • Speedway

    1.07 miles

  • Sheetz

    1.15 miles

  • Pit Stop

    1.32 miles

  • Sunoco

    1.35 miles

  • Marathon

    1.48 miles

  • Circle K

    1.56 miles

  • BP

    1.61 miles

  • Circle K

    1.62 miles

  • Wilbeth Road Trailhead

    1.02 miles

  • Loomis Electric Parking

    1.12 miles

  • Lot 17

    1.21 miles

  • Lot 11

    1.24 miles

  • Lot 10

    1.28 miles

  • Lot 13

    1.35 miles

  • Lot 14

    1.39 miles

  • Lot 6

    1.43 miles

  • Lot 15

    1.44 miles

  • Lot 4

    1.44 miles

  • Akron Steam and Sauna

    2.42 miles

  • Hilton Garden Inn

    2.59 miles

  • Akron City Center Hotel

    2.67 miles

  • Courtyard by Marriott

    3.11 miles

  • Lakeside Motel

    3.36 miles

  • Econo Lodge

    3.83 miles

  • Red Roof Inn Akron South

    3.99 miles

  • Quality Inn & Conference Center

    4.17 miles

  • Residence Inn Akron South/Green

    4.45 miles

  • Hampton Inn Akron-South

    4.49 miles

  • Church's Chicken

    0.30 miles

  • IDO Bar & Grill

    0.32 miles

  • Ginino's Pizzeria

    0.34 miles

  • Hiachi xpress

    0.35 miles

  • Main Street Saloon

    0.36 miles

  • Ms. Julie's Kitchen

    0.52 miles

  • Taqueria El Paso

    0.52 miles

  • Klein Seafood

    0.67 miles

  • Mama Rosa's

    0.78 miles

  • Dairy Queen

    1.05 miles

  • Firestone Park Elementary School

    0.30 miles

  • Garfield Community Learning Center

    0.49 miles

  • McEbright School

    0.58 miles

  • Saint Pauls School

    0.66 miles

  • Miller School

    0.81 miles

  • Main Street Preparatory Academy

    0.86 miles

  • Alvin C. Voris Community Learning Center

    1.05 miles

  • Kent Middle School

    1.11 miles

  • Glover Elementary School

    1.15 miles

  • Glover Community Learning Center

    1.16 miles

  • ACACUS

    1.66 miles

  • Childtime

    1.81 miles

  • Carring Hearts

    2.99 miles

  • Brightside

    2.99 miles

  • McKinley Early Childhood Center

    3.07 miles

  • Head Start

    3.51 miles

  • Childtime

    4.31 miles

  • Above & Beyond

    4.39 miles

  • Childtime

    5.07 miles

  • The Goddard School

    5.98 miles

Frequently Asked Questions

What is the lease rate for 101563 . 12 Home SFR Akron, OH?

Rental asking rate at 101563 . 12 Home SFR Akron, OH is $500,000.00/YR.

What is the total square footage of 101563 . 12 Home SFR Akron, OH?

101563 . 12 Home SFR Akron, OH totals 13,231 square feet.

When was this property built?

101563 . 12 Home SFR Akron, OH was built in 1930.

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Contact Listing Broker

broker

Tim Orscheln

SVN | SFRhub Marketplace

(602) 441-5354