Property Description

Don't miss this value-add investment opportunity! This vacant duplex is ready for your vision and offers good potential to generate cash flow. The front unit features an enclosed porch and a practical layout with 2 bedrooms and 1 full bathroom. The rear unit offers 1 bedroom and 1 bathroom, providing flexible rental options. A shared basement allows for additional storage and laundry access for future tenants. Located just minutes from downtown Akron, this property offers quick access to transportation routes, local shopping, dining, and everyday conveniences. The 44306 area continues to present opportunities for investors seeking affordability, rental demand, and proximity to city amenities. Bring your ideas and unlock the potential this duplex has to offer!

434 Matthews Street | MLS# 5187010

This multi-family property located at 434 Matthews Street, Akron, OH 44306 is currently listed for sale with an asking price of $80,000. Matthews 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: Common Basement, Unfinished

Basement: Yes

Cooling: None

Days on Market: 60

Heating: Forced Air, Gas

Lot Size: 0.08 Acres

Roof Type: Asphalt, Fiberglass

Stories: 2.0

Taxes: $883 / year

Year Built: 1919

Feature Descriptions

Appliances: Range, Refrigerator

Exterior: Aluminum Siding, Vinyl Siding

Fencing: Back Yard

Laundry: In Basement

Parcel#: 6822479

Parking: Driveway

Sewer: Public Sewer

Water: Public

Local Schools

School District: Akron City

Demographics

Summit County Demographic Information for 434 Matthews Street, Akron, OH 44306

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

$ 503.55 per month $406.63 Principal & Interest $73.58 Property Tax $23.33 Homeowner's Insurance

Change Payment Information

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434 Matthews StreetAkron, OH 44306