1664 Woods Road Akron, OH 44306
MULTI_FAMILY - Akron, OH
Property Features for 1664 Woods Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Laundry Room, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Basement, Bathroom 2
- Standard status
- Active
- APN
- 6817526
- Size
- 1,253 SF
- Lot size
- 0.85 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- TR 3 LOT E SUB 24 RICHLAND GDNS 1.000A
- Tax Annual Amount
- 3947
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1923
- Floors in Building
- 1
- Building materials
- AluminumSiding, Block, Frame, Glass, Plaster, WoodSiding
- Roof type
- Fiberglass, Asphalt
Listing agent Jessica Nader License #2019004118 (330) 209-2008
Listing office RE/MAX Crossroads Properties 2040 Front Street, Strongsville, OH (330) 929-9278
Listing date Apr 10, 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 homes are located in a central Akron area with access to highways and local amenities, as noted in the remarks.
The property size is listed as 1,253 square feet total, and the lot size is listed as 0.8504 acres. The address is 1664 Woods Road, Akron, OH 44306. All contents on the property are the owner’s responsibility.
Key Highlights
- Two‑home property on a wooded (almost) acre lot, offering a “two for one” setup
- Home at 1660 features 2 bedrooms and 1 full bath
- Home at 1664 features 1 bedroom and 1 bath
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 | $17.3k | $13.80 |
| − Vacancy | −$899 | −$0.72 |
| EGI | $16.4k | $13.08 |
| − OpEx | −$4.9k | −$3.92 |
| NOI | $11.5k | $9.16 |
