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399 Madison Ave, Akron, OH, 44320

$120,000

Home List Price

$1,425*

Closing Credit

4 Bedrooms
2 Full Baths
3,155 SqFt
$38/SqFt
Multi

Location

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399 Madison Ave, Akron$120,000

Buyer Closing Credits

$1,425*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDirect Access, No Garage, Paved
Year Built1924
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #5090734
Lot Size0.10 Acres
StatusActive

About 399 Madison Ave

Attention investors! Fully occupied West Akron Duplex currently grossing over $1700/month in rental income! This crushes the 1% rule. The property features 4 bedrooms, 2 bathrooms. Conveniently located this property is near Highland Square, Downtown, I-promise school, ongoing new construction development in the area. This property offers stable returns, and an approachable price point for new and seasoned investors alike. Local, professional property management in place for a seamless transition if needed. Call your favorite Realtor today before it is going going gone! Please do not disturb the tenants. No showings until an offer has been accepted for tenant privacy. Do not walk the property. Can be purchased as a package with 970 Concord Ave Akron Oh 44306

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Stories: 2
  • Living Area: 3,155 SqFt

Listing Office:

  • Office Name: Keller Williams Living
  • Office Phone: (330) 990-3744
  • Listing Agent: Michael L Magno

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Direct Access, No Garage, Paved

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: Copley Rd to Madison

Price Information

Listing Price Info

Price Summary:

  • List Price: $120,000
  • Price Per SqFt: $38/SqFt

Tax Information:

  • Annual Amount: $1,003
  • Tax Year: 2020
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Housing Market Comparison

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

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Akron, OH

City

Med. Sold Price

$143.6K

Med. Price/SqFt

$107

Avg. Days On Market

41

# of Sold Homes

215

399 Madison Ave vs Akron

1 DAY ON ROCKET

-40 Days

$120,000

-$23.6K Less

$38/SqFt

-$69 Less

KEY TAKEAWAY

This property is $23.6K less than the Median Sold Price and $69/SqFt less than other homes in Akron, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5090734

Listing Office:

  • Office Name: Keller Williams Living
  • Office Phone: (330) 990-3744
  • Listing Agent: Michael L Magno

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: 12/21/2024, 9:21:03 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 07, 2019Home Sold
$17,500
Feb 15, 2018Home Sold
$25,000
Nov 01, 2016Home Sold
$24,000
Sep 29, 2015Home Sold
$11,000
Mar 26, 2004Home Sold
$80,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,003$16,380
2019$1,003$12,579
2018$991$12,579
2017$990$12,579

History based on county public records data.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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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-680610
3
/10

  • Portage Path Community Learning Center

  • 55 S Portage Path

  • 0.65 miles

  • Public District Grades KG-5

school-card-donut-680611
2
/10

  • Crouse Community Learning Center

  • 1000 Diagonal Rd

  • 0.72 miles

  • Public District Grades PK-5

school-card-donut-680612
3
/10

  • Schumacher Community Learning Center

  • 1020 Hartford Ave

  • 0.94 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,125. Residents of Akron, OH typically earn less than $35k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Summit County›Akron›44320›399 Madison Ave

This home is located at 399 Madison Ave in Akron, OH and zip code 44320 in the West Akron neighborhood. This 3,155 square foot home, which was built in 1924, sits on a 0.10 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 20, 2024 and is currently priced at $120,000.

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. Between October 2024 and November 2024, Akron, OH real estate market has seen increase in the number of listings by 1.6%. In November 2024 median list price was $143,623 and the average listing age was 41 days.

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

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