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    220-222 Nieman St Akron, OH 44305

    New
    For Sale
    $62,500

    MULTI_FAMILY - Akron, OH

    Property size:
    2,022 SF
    Lot size:
    0.13 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 6 at 2:06 pm

    Property Features for 220-222 Nieman St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 3, Bedroom 4, Bedroom 5, Laundry Room, Bedroom 6, Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 1, Basement
    Bedrooms
    6
    Bathrooms
    3
    APN
    6811014
    Parking features
    Off Street
    Fireplace
    1
    Appliances
    Range, Refrigerator
    Size
    2,022 SF
    Lot size
    0.13 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Fireplace(s)
    Water source
    Public

    Building Details

    Year built
    1899
    Floors in Building
    1
    Building materials
    VinylSiding
    Roof type
    Fiberglass, Asphalt

    Mosholder Realty Inc. (330) 633-5536 [email protected]

    Listing agent Steven Mosholder (330) 554-6770 License #2007005247

    Listing date Dec 3, 2025

    MLS# 5171824 Listing URL

    Copyright © 2025 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.

    Overview

    Akron Multi-Unit Investment Opportunity

    This as-is investment opportunity features a three-unit property near Summa Hospital. The property consists of two buildings on a 0.1263-acre lot. Cash buyers only. One building, located at 222 Nieman Street, contains two units, each with 2 bedrooms and 1 bathroom. The upstairs unit has a private exterior staircase. Both units include a range and refrigerator. The upstairs unit is rented month to month for $440 per month, with the tenant paying all utilities. The tenant has been at the property since January 2025, with prior rental history at the location. The first-floor unit is also rented month to month for $475 and the tenant pays all utilities and has been at the property for over 4 years. A basement with exterior access at the rear of the building includes laundry hookups. The small house out back, located at 220 Nieman Street, is a 2-bedroom, 1-bath property with a full basement that includes washer/dryer hookups. The small house is currently vacant but believed to previously be rented out for $500. The first-floor tenant takes care of the yard maintenance. All utilities are separate. The furnaces are believed to be less than 10 years old, hot water tanks around 7-8 years old, and roofs believed to be in the past 10-12 years. The small house is 488 square feet, and the two-unit building totals 1534 square feet, for a combined square footage of 2022. Both properties need work and are priced accordingly, presenting an opportunity to build equity and add a third tenant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.495029
    Latitude
    41.081976

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    FAQs

    What type of property is this?
    Triplex - Three-unit property near Summa Hospital, sold as-is to cash buyers.
    Where is this triplex located?
    The property is located at 220-222 Nieman St Akron, OH.
    What is the asking price?
    The asking price for this property is $62,500.
    What are key features of this property?
    This property features: - Three-unit property near Summa Hospital presents an investment opportunity.; - Two units are currently occupied with month-to-month tenants, generating immediate rental income.; - Separate utilities for each unit, paid by tenants.
    (330) 554-6770
    Request Owner's contact information
    220-222 Nieman St Akron, OH 44305
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    220-222 Nieman St Akron, OH 44305
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