Property Description

Duplex investment opportunity in Akron featuring 2-bedroom, 1 bath units offering solid rental potential and flexibility for investors. One unit is owner occupied and the up unit is vacant, tenant is responsible for gas and electric, owner pay water/gas/sewage. Conveniently situated near schools, shopping, downtown Akron making it perfect for potential tenants. Seller is selling this property AS-IS and will make no repairs. Property comes with additional lot.

41-43 S Bates Street | MLS# 5205556

This multi-family property located at 41-43 S Bates Street, Akron, OH 44303 is currently listed for sale with an asking price of $125,000. 41-43 S Bates Street is located within the Akron City school district. Search Akron real estate on 7030hanbysloop.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Basement: Yes

Basement: Full

Cooling: None

Heating: Forced Air

Lot Size: 0.09 Acres

Roof Type: Asphalt, Flat

Stories: 2.0

Taxes: $1,556 / year

Year Built: 1903

Amenities

Other

Feature Descriptions

Appliances: Refrigerator

Exterior: Aluminum Siding, Vinyl Siding

Fencing: Chain Link

Laundry: Washer Hookup, Electric Dryer Hookup, In Basement

Lot: Additional Land Available, City Lot

Parcel#: 6824956

Parking: Additional Parking, Off Street, Outside, Shared Driveway

Sewer: Public Sewer

View: City

Water: Public

Window: Double Pane Windows, Wood Frames

Local Schools

School District: Akron City

Demographics

Summit County Demographic Information for 41-43 S Bates Street, Akron, OH 44303

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

$ 801.48 per month $635.36 Principal & Interest $129.67 Property Tax $36.46 Homeowner's Insurance

Change Payment Information

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