2 months on rocket

1925 Preston Ave, Akron, OH, 44305

$182,500

Home List Price

$2,167*

Closing Credit

4 Bedrooms
2 Full Baths
1,440 SqFt
$127/SqFt
Multi

Location

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1925 Preston Ave, Akron$182,500

Buyer Closing Credits

$2,167*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingParking Pad
Year Built1963
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #5071506
Lot Size0.11 Acres
StatusActive

About 1925 Preston Ave

PACKAGE DEAL of 4 Renovated Duplexes, A Prime Investment Opportunity! 1919-1939 Preston Ave, Akron, Ohio $730,900 Turnkey Investment, 8 Rental Units! Fully occupied bringing in gross rents of $7,024, this is a perfect cash-flowing investment for the savvy long-term investor! Location, location, location!!!!!! These 8 units are located in a park-like setting mingled amongst single family neighborhood- RARE find! The pride of ownership & pride of tenants SHOW with Fantastic Curb appeal! All two bedroom one bathroom units with open concept floor plan and central air. This is a rare chance to own a package deal of four cash cow renovated duplexes located on a quiet, dead-end street, headache free investment at 1919-1939 Preston Ave. Each unit has been updated and renovated with luxury fixtures and modern finishes to offer modern comfort with central air and beautiful front balconies making it a desirable option for tenants. Some units are below market with a high upward trend in demand for higher rent rolls. Key Features: 8 units (4 duplexes on 1 lot) Renovated and updated interiors, Central air in all units. High demand rental area with strong tenant history. Located on a dead-end street for privacy and minimal traffic and peace and privacy also Easy access to highways and local restaurants and shops as well as transportation for commuting and convenience. Low maintenance investment with recent upgrades Whether you’re expanding your portfolio or looking for a high-yield, turnkey property, this package of duplexes is an investor's dream. The updates, reliable tenants, and prime location offer a steady income stream with minimal headaches. Act fast! Properties like this don’t last long in Akron's growing rental market. Secure your long-term investment today! Contact us for more information or to schedule a private showing.

Property Details

Property Features

Property Information:

  • Year Built: 1963
  • Stories: 2
  • Living Area: 1,440 SqFt

Listing Office:

  • Office Name: Keller Williams Citywide
  • Office Phone: (440) 590-5219
  • Listing Agent: Mark A Colucci

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Parking Pad

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Off Adelaide Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $182,500
  • Price Per SqFt: $127/SqFt
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Housing Market Comparison

See how this home compares to others in Akron, OH.

Med. Sold Price

$143.6K

Med. Price/SqFt

$107

Avg. Days On Market

41

# of Sold Homes

215

1925 Preston Ave vs Akron

89 DAYS ON ROCKET

+48 Days

$182,500

+$38.8K More

$127/SqFt

+$20 More

KEY TAKEAWAY

This property is $38.8K more than the Median Sold Price and $20/SqFt more than other homes in Akron, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5071506

Listing Office:

  • Office Name: Keller Williams Citywide
  • Office Phone: (440) 590-5219
  • Listing Agent: Mark A Colucci

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 11:21:06 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$978

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$614

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4521337
4
/10
  • Windemere Community Learning Center

  • 2283 Windemere Ave

  • 0.57 miles

  • Public District Grades PK-5

school-card-donut-4521338
4
/10
  • Seiberling Community Learning Center

  • 400 Brittain Rd

  • 0.89 miles

  • Public District Grades KG-6

school-card-donut-4521339
4
/10
  • Hatton Community Learning Center

  • 1933 Baker Ave

  • 1.05 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,458. Most Akron, OH residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesOhioSummit CountyAkron443051925 Preston Ave

This home is located at 1925 Preston Ave in Akron, OH and zip code 44305 in the Goodyear Heights neighborhood. This 1,440 square foot home, which was built in 1963, sits on a 0.11 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 19, 2024 and is currently priced at $182,500.

Akron, OH housing market in November 2024 saw over 67 listings sold above listed price, more than 48 sold at listed price and over 98 sold below. In November 2024 in Akron, OH there were 1.6% more homes for sale than in October 2024. Listings spent 41 days on the market in November 2024, and had a median list price of $143,623 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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