275 Sobul Avenue, Akron, OH 44305
Local realty services provided by:ERA Real Solutions Realty
Listed by: alex v johnson
Office: real estate quest, inc.
MLS#:5258067
Source:OH_NORMLS
Price summary
- Price:$100,000
- Price per sq. ft.:$93.63
About this home
INVESTORS TAKE NOTICE! ESTABLISHED RENTAL WITH IMMEDIATE INCOME POTENTIAL! Looking to expand your investment portfolio without the hassle of finding a tenant? Here's your opportunity! Located in Akron's Goodyear Heights neighborhood, 275 Sobul Avenue is an income-producing rental offered at just $100,000, currently generating $1,250 per month in rental income through an established tenancy with rental assistance provided by the Akron Metropolitan Housing Authority (AMHA).
The current tenants have occupied the property for over a year, and the home has successfully passed its most recent annual housing inspection. Additionally, a request for a rental increase has recently been submitted through AMHA, presenting the possibility of additional income pending approval.
This approximately 1,200-square-foot bungalow features three bedrooms, one full bathroom, and a functional layout that includes a convenient first-floor bedroom. Additional features include a spacious living room, kitchen with ample cabinetry, mudroom, enclosed front porch, full basement with laundry area, patio space, and detached one-car garage.
THE NUMBERS DESERVE YOUR ATTENTION! At the current rental rate, this property generates $15,000 in annual gross rental income, representing an approximately 15.2% gross rental yield based on the asking price, before operating expenses.
With established tenants, existing rental income, and a recently passed annual inspection, much of the groundwork has already been done. Whether you're a seasoned investor or looking to acquire your next rental property, this Goodyear Heights opportunity is worth a closer look.
Offered at $100,000 — schedule your showing and discover the investment potential!...
Contact an agent
Home facts
- Year built:1928
- Subdivision & Development:Pondview
- Listing ID #:5258067
- Added:7 day(s) ago
- Updated:November 10, 2026 at 03:12 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:5
- Basement:Yes
- Basement Description:Full, Unfinished
- Living area:1,068 sq. ft.
Heating and cooling
- Heating:Fireplaces, Gas
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1928
- Building area:1,068 sq. ft.
- Lot area:0.08 Acres
- Architectural Style:Bungalow
- Construction Materials:Aluminium Siding, Vinyl Siding
- Exterior Features:Patio, Porch
- Levels:2 Stories, 2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$100,000
- Price per sq. ft.:$93.63
- Tax amount:$1,572 (2025)
Parking
- Parking description:Detached, Garage
- Garage:Yes
- Garage spaces:1
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