1636 Seth Robert Akron, OH 44306
MULTI_FAMILY - Akron, OH
- Added:
- Jun 19, 2026
- Days on Market:
- 24
- Last Refresh:
- Jul 12 at 6:06 am
Property Features for 1636 Seth Robert
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 4
- Rooms
- Bathroom 2, Bathroom 4, Bathroom 1, Bedroom 1, Laundry Room, Bedroom 2, Bathroom 3
- Parking features
- Underground/Basement
- Standard status
- Active Under Contract
- APN
- 6744557
- Size
- 1,242 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- SCENIC PARK ESTATES LOT 6 ALL
- Tax Annual Amount
- 2255
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1964
- Floors in Building
- 1
- Building materials
- WoodSiding
- Roof type
- Asphalt, Fiberglass
Listing agent Joan Elflein License #386319 (614) 989-7215
Listing office Ohio Broker Direct 2665 Spangler Road, Columbus, OH (614) 989-7215
Listing date Jun 19, 2026
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The duplexes are currently 100% occupied, and all units are on month-to-month leases. Tenants are responsible for gas, electric, water, sewer, and trash, while the landlord pays real estate taxes, building insurance, and landscaping. Recent updates include new roofs, gutters, windows, appliances, and interior cosmetic upgrades.
This is a practical fit for investors seeking rental income from multiple units or owner-occupants interested in offsetting a mortgage with additional leased homes. With separate metering and month-to-month tenancy, operators have flexibility in how they manage occupancy plans and unit-by-unit expenses going forward. Seller consideration is available for sale of either duplex separately.
Key Highlights
- Two duplexes total 4 units (1BD/1BA each) with approximately 621 SF per unit
- 100% occupancy; all units on month‑to‑month leases
- Recent updates include new roofs, gutters, windows, appliances, and interior cosmetic upgrades
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.1k | $13.80 |
| − Vacancy | −$891 | −$0.72 |
| EGI | $16.2k | $13.08 |
| − OpEx | −$4.9k | −$3.92 |
| NOI | $11.4k | $9.16 |
