Property Description

Online Only Auction. 2 Duplexes In Kent Ohio, Walking Distance To Kent State University. Portage County, Kent Schools. Absolute auction, all sells to the highest bidders. Locations: 1393-1397 Loop Road and 1572-1576 Summit Street, Kent, OH 44240. ONLINE BIDDING STARTS: MONDAY, APRIL 20, 2026, 12:00 PM and ENDS: FRIDAY, APRIL 24, 2026, 12:00 PM. Real estate offers 2 buildings being sold separately. Each building offers 2 bedrooms, 1.5 bathrooms, a living room, a kitchen, a first-floor laundry, a dining area, a back patio, a one-car garage, breaker electric, electric baseboard heat, paved driveways, and public utilities with separate meters. Rents are as follows: 1393 Loop Rd. is $1,075 per month. This tenant mows the yards at $50 per yard per mow, and it is deducted from the monthly rent; 1397 Loop Rd. $975 per month. 1576 Summit St. is $975 per month; 1572 Summit St. is $1,050 per month. All leases will expire on 7/31/2026. Taxes for Loop Road are $2,376, and taxes for Summit St. are $2,417. Sewer and trash are approximately $50 each per unit per quarter. All tenants have been long-term. The properties will be open for viewing on Tuesday, April 21, 2026, from 12:00 PM - 1:00 PM. See MLS #5201390 for 1572-76 Summit St. duplex.

1393 - 1397 Loop Road | MLS# 5201364

This multi-family property located at 1393 - 1397 Loop Road, Kent, OH 44240 is currently listed for sale with an asking price of call for price. - 1397 Loop Road is located within the Kent City school district. Search Kent real estate on 7030hanbysloop.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Cooling: Wall/Window Unit(s)

Days on Market: 10

Garage: 2

Heating: Electric

Lot Size: 0.28 Acres

Roof Type: Asphalt

Stories: 2.0

Taxes: $4,617 / year

Year Built: 1998

Feature Descriptions

Appliances: Range, Refrigerator

Exterior: Aluminum Siding

Parcel#: 17-004-00-00-006-010

Parking: Garage

Security: Smoke Detector(s)

Sewer: Public Sewer

Water: Public

Local Schools

School District: Kent City

Demographics

Portage County Demographic Information for 1393 - 1397 Loop Road, Kent, OH 44240

Fips

Fips Code 39133

Population

2020 to 2025 Change up 1.0%

2010 Count 161,419

2020 Count 161,791

2025 Estimate (V2025) 163,404

2020 Estimate (V2025) 161,796

Age Distribution (Years Old)

0 to 4 4.5%

5 to 17 17.8%

18 to 64 58.5%

65 and Older 19.2%

Gender

Male 49.3%

Female 50.7%

Place of Birth

Foreign 3.7%

US 96.3%

Education

High School Graduate, Age 25+ 92.9%

Bachelor's Degree or Higher, Age 25+ 32.5%

Computer and Internet use

Households with a computer 95.7%

Households with a broadband Internet subscription 89.8%

Language

English is Second Language, Age 5+ 4.5%

English is First Language, Age 5+ 95.5%

Veterans

Veterans 8,134

Income

Per Capita Income $40,483

Median Household Income $75,766

People in Poverty 11.7%

Commute

Average Work Commute Time 25 minutes

Housing

Total Housing Units 71,416

Households 65,249

Average Household Size 2.37

Owner-Occupied 70.1%

Multi-Family 22.1%

Owner-Occupied Median Value $227,000

Median selected monthly owner costs -with a mortgage $1,578

Median selected monthly owner costs -without a mortgage $611

Median gross rent $1,064

Building Permits

New Private Housing Issued 2024 200

Years at Residence

1 Year or More 87.0%

Less Than 1 Year 13.0%

Business and Employment

Private non-farm Establishments 3,051

Private non-farm Employment 48,660

Private non-farm Employment Growth down 0.1%

Nonemployer Establishments 11,742

Number of Firms 2,004

Business Production

Value of Shipments $3,414,065,000

Wholesale Trade $2,552,575,000

Retail Trade $2,382,688,000

Retail Sales Per Capita $12,043

Accommodation and Food Services $268,582,000

Land

Land Area 487.38 sq. miles

Population Per Square Mile 332

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 384.75 per month $0.00 Principal & Interest $384.75 Property Tax $0.00 Homeowner's Insurance

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1393 - 1397 Loop RoadKent, OH 44240