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    2350 Newton St Akron, OH 44305

    Pending
    For Sale
    $116,667

    MULTI_FAMILY - Akron, OH

    Property size:
    960 SF
    Lot size:
    0.13 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 7 at 6:06 pm

    Property Features for 2350 Newton St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bedroom 2, Bathroom 1, Laundry Room, Bathroom 2, Bedroom 1
    Bedrooms
    2
    Bathrooms
    2
    APN
    6817611
    Parking features
    Off Street
    Appliances
    Range, Refrigerator
    Size
    960 SF
    Lot size
    0.13 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1958
    Floors in Building
    1
    Building materials
    Brick, VinylSiding
    Roof type
    Fiberglass, Asphalt

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

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

    Listing date Nov 14, 2025

    MLS# 5126071 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 Multifamily Investment Opportunity

    This Akron multi-family investment opportunity is located in the Ellet school district and includes a total of six units situated in three separate buildings. All six units must be purchased together. Each two-unit building is located on an individual parcel of land. Each unit features one bedroom and one bathroom, complete with in-unit laundry facilities. The living rooms and bedrooms benefit from vaulted ceilings, enhancing the sense of space. Windows in all buildings were replaced approximately six years ago, and all furnaces have been replaced approximately six to eight years ago. The roof on one building is scheduled for replacement in 2025, while the roof on another building is approximately eight years old, and the roof on the third building is roughly ten years old. All six units are currently on one water meter. The owner pays an average of $318.57 per month for water and sewer. A dumpster is shared with the adjacent four-unit apartment building, with the owner contributing $50 per month for their portion of the expense. Each unit is equipped with a wall or window-mounted AC unit, a range, and a refrigerator, all provided by the landlord. Good off-street parking is available. The units currently generate a gross monthly rent of $3,665, totaling $43,980 annually. One unit is larger than the others but still contains one bedroom and one bathroom. Lawn care is currently provided by the tenant. One lease extends through March 2026, and another through November 2025, with the remaining tenants on a month-to-month basis. The property must be sold to a single owner, and deed restrictions will be in place at closing, requiring separate water meters for each parcel if sold individually in the future. The lot size is 0.1291 acres, and the property size is 960 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -81.438461
    Latitude
    41.072123

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    FAQs

    What type of property is this?
    Apartment building - Six units in three buildings, all one-bedroom, one-bathroom apartments.
    Where is this apartment building located?
    The property is located at 2350 Newton St Akron, OH.
    What is the asking price?
    The asking price for this property is $116,667.
    What are key features of this property?
    This property features: - Multi-family investment opportunity: 6 units in 3 buildings, providing immediate rental income.; - Income Growth Potential: Currently rented below market rate, offering significant cash flow growth opportunities.; - In-unit Laundry: Each unit features in-unit laundry, a desirable amenity for tenants.
    (330) 554-6770
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    2350 Newton St Akron, OH 44305
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    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
    2350 Newton St Akron, OH 44305
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