Property Description

Investment opportunity! Two units! Bottom unit has been refigured to accommodate a two-bedroom layout. The bathroom subfloor has been replaced, and a new back door to the common basement has been installed. The owner will be responsible for paying all utilities. Seller financing will only be entertained with a much higher purchase price, a significant down payment, and interest. Please allow for 48 hours to schedule showings!

1365 East Avenue | MLS# 5187953

This multi-family property located at 1365 East Avenue, Akron, OH 44307 is currently listed for sale with an asking price of $90,000. East Avenue is located within the Akron City school district. Search Akron real estate on 15ontariotrail.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Basement: Full, Unfinished

Basement: Yes

Cooling: None

Days on Market: 3

Heating: Forced Air, Gas

Lot Size: 0.08 Acres

Roof Type: Asphalt, Fiberglass

Stories: 2.0

Taxes: $1,156 / year

Year Built: 1925

Feature Descriptions

Appliances: Range, Refrigerator

Exterior: Unknown

Laundry: None

Parcel#: 6716311

Parking: Off Street

Sewer: Public Sewer

Water: Public

Local Schools

School District: Akron City

Demographics

Summit County Demographic Information for 1365 East Avenue, Akron, OH 44307

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

Estimate Your Payment

Estimated Payment

$ 561.69 per month $439.11 Principal & Interest $96.33 Property Tax $26.25 Homeowner's Insurance

Change Payment Information

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1365 East AvenueAkron, OH 44307