845 Dayton StreetAkron, OH 44310

845 Dayton StreetAkron, OH 44310

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$125,000 Pending
Multi Unit - Multiple MLS 5237294 Pending
5 beds 3 full baths 2,628 sqft

Listed By

Agency Name: EXP Realty, LLC.
Agency Contact: jack@21hillrealestate.com, 216-789-6736

Shown By

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

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Property Description

Calling all investors! This cash-flowing triplex is a great opportunity to combine current income with serious value-add upside. The vacant first-floor unit offers 2 spacious bedrooms and 1 bath, projected at $800 to $900/month after updates. The middle unit, also a spacious 2 bedroom, 1 bath, is currently rented at $800/month on a month-to-month lease. The vacant third-floor unit is a 1 bedroom, 1 bath, projected at $650 to $700/month after updates. Both vacant units need some work, which is reflected in the price, making this the perfect setup for an investor looking to force appreciation. Once stabilized, projected gross rents come in at $2,250 to $2,400/month. Additional features include a 1-car garage, two newer hot water tanks, and two newer furnaces. Bring your vision and start building equity from day one!

845 Dayton Street | MLS# 5237294

This multi-family property located at 845 Dayton Street, Akron, OH 44310 is currently listed for sale with an asking price of $125,000. Dayton Street is located within the Akron City school district. Search Akron real estate on 267oakviewcircle.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Exterior Entry, Full, Unfinished
Cooling: Window Unit(s)
Days on Market: 25
Garage: 2
Heating: Forced Air, Gas
Lot Size: 0.14 Acres
Roof Type: Asphalt, Fiberglass
Stories: 3.0
Taxes: $3,099 / year
Year Built: 1916

Feature Descriptions

Exterior: Unknown
Parcel#: 6756422
Parking: Alley Access, Driveway, Garage, On Street
Sewer: Public Sewer
Water: Public

Local Schools

School District: Akron City

Demographics

Summit County Demographic Information for 845 Dayton Street, Akron, OH 44310
Fips
Fips Code 39153
Population
2020 to 2025 Change down 0.4%
2010 Count 541,781
2020 Count 540,428
2025 Estimate (V2025) 538,376
2020 Estimate (V2025) 540,429
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.4%
18 to 64 54.2%
65 and Older 20.2%
Gender
Male 48.7%
Female 51.3%
Place of Birth
Foreign 6.0%
US 94.0%
Education
High School Graduate, Age 25+ 92.8%
Bachelor's Degree or Higher, Age 25+ 35.8%
Computer and Internet use
Households with a computer 95.4%
Households with a broadband Internet subscription 91.6%
Language
English is Second Language, Age 5+ 7.3%
English is First Language, Age 5+ 92.7%
Veterans
Veterans 25,976
Income
Per Capita Income $43,061
Median Household Income $71,622
People in Poverty 13.3%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 247,173
Households 231,267
Average Household Size 2.29
Owner-Occupied 67.5%
Multi-Family 22.4%
Owner-Occupied Median Value $208,700
Median selected monthly owner costs -with a mortgage $1,470
Median selected monthly owner costs -without a mortgage $599
Median gross rent $1,026
Building Permits
New Private Housing Issued 2024 1,082
Years at Residence
1 Year or More 88.9%
Less Than 1 Year 11.1%
Business and Employment
Private non-farm Establishments 13,309
Private non-farm Employment 249,827
Private non-farm Employment Growth down 0.8%
Nonemployer Establishments 43,820
Number of Firms 9,566
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

$ 971.47 per month $676.76 Principal & Interest $258.25 Property Tax $36.46 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage