530 Thelma Avenue, Akron, OH 44314
Local realty services provided by:ERA Real Solutions Realty
Listed by: kim lewis, garrett rowan
Office: home equity realty group
MLS#:5153939
Source:OH_NORMLS
Price summary
- Price:$90,000
About this home
Outstanding investment portfolio opportunity in Akron, Ohio, offering strong cash flow and significant upside with property management already in place. This package includes all properties listed below and their associated parcels, with a current occupancy of 86% across the portfolio. At market rents, the portfolio is projected to deliver a cap rate of 14% or greater, making it an excellent addition for investors seeking immediate performance with room for growth. The properties include a mix of single-family and multi-family units located throughout Akron and Barberton, positioned near major employers, schools, and transportation. Tenants are responsible for utilities in most units, helping to maintain healthy operating margins. With steady rental demand in the area and recent performance already in place, this turnkey package represents a rare chance to acquire a diversified, income-producing portfolio in a high-demand rental market. Properties and parcels included in this sale are: 1115 Florida Ave., Akron, OH 44314 – Parcel #6854800; 1725 Manchester Rd., Akron, OH 44314 – Parcel #6759324; 213 Hermann St., Barberton, OH 44203 – Parcel #0106466; 2167 East Ave., Akron, OH 44314 – Parcel #6734163; 2513 Christensen Ave., Akron, OH 44314 – Parcel #6804010; 530 Thelma Ave., Akron, OH 44314 – Parcel #6827182; 534 Thelma Ave., Akron, OH 44314 – Parcel #6706664; 539 Thelma Ave., Akron, OH 44314 – Parcel #6821068; 543 Thelma Ave., Akron, OH 44314 – Parcel #6821067; 545 Thelma Ave., Akron, OH 44314 – Parcel #6814967; 546 Thelma Ave., Akron, OH 44314 – Parcel #6821066; 601 Glendora Ave., Akron, OH 44320 – Parcel #6749017; 650 Reed Ave., Akron, OH 44306 – Parcel #6819023; 694 Virginia Ave., Akron, OH 44306 – Parcel #6725186; 955 N Firestone Blvd., Akron, OH 44306 – Parcel #6742296. Financials and rent rolls are available upon request
Contact an agent
Home facts
- Year built:1923
- Listing ID #:5153939
- Added:125 day(s) ago
- Updated:January 08, 2026 at 08:21 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt
- Year built:1923
- Lot area:0.11 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$90,000
- Tax amount:$1,211 (2024)
New listings near 530 Thelma Avenue
- New
$195,000Active8 beds 3 baths3,450 sq. ft.892 Delia Avenue, Akron, OH 44320
MLS# 5180117Listed by: EBERHARDT REALTY LLC - New
$225,000Active3 beds 2 baths1,108 sq. ft.397 Wonder Lake Drive, Akron, OH 44319
MLS# 5180123Listed by: RE/MAX EDGE REALTY - New
$105,000Active3 beds 2 baths1,008 sq. ft.1453 Woodbirch Avenue, Akron, OH 44314
MLS# 5179891Listed by: EXP REALTY, LLC. - New
$135,000Active3 beds 1 baths1,215 sq. ft.2909 Sanitarium Road, Akron, OH 44312
MLS# 5179938Listed by: BERKSHIRE HATHAWAY HOMESERVICES STOUFFER REALTY - New
$196,000Active3 beds 2 baths1,160 sq. ft.635 N Hawkins Avenue, Akron, OH 44313
MLS# 5179812Listed by: CENTURY 21 DEANNA REALTY - New
$109,400Active2 beds 1 baths806 sq. ft.955 Iona Avenue, Akron, OH 44314
MLS# 5179974Listed by: SOGO HOMES LLC - New
$146,500Active3 beds 1 baths1,218 sq. ft.361 Mission Drive, Akron, OH 44301
MLS# 5179184Listed by: RE/MAX CROSSROADS PROPERTIES - New
$109,900Active3 beds 2 baths1,268 sq. ft.1826 Hillside Terrace, Akron, OH 44305
MLS# 5178857Listed by: MOSHOLDER REALTY INC. - New
$975,000Active5 beds 6 baths5,151 sq. ft.201 Hampshire Road, Akron, OH 44313
MLS# 5179677Listed by: THE AGENCY CLEVELAND NORTHCOAST - New
$19,500Active0.15 Acres764 Harrison Avenue, Akron, OH 44314
MLS# 5179879Listed by: LISTWITHFREEDOM.COM INC.