1923-1925 Evergreen Avenue Akron, OH 44301
MULTI_FAMILY - Akron, OH
Property Features for 1923-1925 Evergreen Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Laundry Room, Bedroom 1, Bathroom 2, Bedroom 2, Basement, Bedroom 4, Bathroom 1, Bedroom 3
- Parking features
- On Street, Driveway, Paved or Surfaced, Off Street
- Window features
- Blinds
- Interior features
- CeilingFans
- Appliances
- Range, Refrigerator
- Standard status
- Active
- APN
- 6702437
- Size
- 1,568 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3275
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1960
- Floors in Building
- 1
- Building materials
- Brick
- Roof type
- Asphalt, Fiberglass
Listing agent Jeff Drillien License #2005015656 (330) 819-0070
Listing office RE/MAX Crossroads Properties 4450 Belden Village St NW, Strongsville, OH (330) 492-9278
Listing date May 29, 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.
Each unit is equipped with a stove and refrigerator. Street parking is available, and driveway parking is located next to each unit.
The property is a two-unit residential income setup well suited for an owner-occupant who would like to live in one unit while renting the other, or for adding a duplex to an existing rental portfolio.
Key Highlights
- Brick duplex built in 1960 offering two separate 2‑bedroom, 1‑bath units
- Each unit includes a stove and refrigerator
- Unit at 1923 has an open floor plan for the kitchen and living room, with access to the basement
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 | $21.6k | $13.80 |
| − Vacancy | −$1.1k | −$0.72 |
| EGI | $20.5k | $13.08 |
| − OpEx | −$6.2k | −$3.92 |
| NOI | $14.4k | $9.16 |
