2531 Pelton Avenue, Akron, OH 44314
Local realty services provided by:ERA Real Solutions Realty
Listed by:denise capriola
Office:key realty
MLS#:5145927
Source:OH_NORMLS
Price summary
- Price:$399,900
- Price per sq. ft.:$148.77
About this home
Excellent investment opportunity! This well-maintained, fully occupied 4-unit brick ranch is truly turn-key. Each unit offers 1,344 total square feet—featuring 672 square feet of living space with 2 bedrooms and 1 bathroom, plus individual 672-square-foot basements with in-unit washers and dryers. All utilities are separately metered, and tenants pay their own gas and electric. Three of the four units have been tastefully renovated with updated kitchens and bathrooms, vinyl flooring, modern fixtures, and fresh paint. The fourth unit is home to a 27-year tenant who prefers the original charm just as it is. Major systems have been professionally upgraded, including extensive plumbing, electrical, and gas line work. Additional improvements include many newer appliances, numerous replaced windows, an excellent-condition roof, and well-maintained gutters and downspouts. The basements have also been waterproofed for added peace of mind. Tenants enjoy off-street parking and a convenient location near highways, shopping, dining, and Portage Lakes. With happy long-term tenants and a strong rental history, this property is a rock-solid addition to any investment portfolio.
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Home facts
- Year built:1958
- Listing Id #:5145927
- Added:8 day(s) ago
- Updated:August 16, 2025 at 03:37 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Living area:2,688 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1958
- Building area:2,688 sq. ft.
- Lot area:0.17 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$399,900
- Price per sq. ft.:$148.77
- Tax amount:$4,346 (2024)
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