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    397 Spicer St Akron, OH 44311

    New
    Pending
    For Sale
    $164,900

    MULTI_FAMILY - Akron, OH

    Property size:
    2,468 SF
    Lot size:
    0.17 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 397 Spicer St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Rooms
    Bedroom 3, Bathroom 3, Bedroom 1, Basement, Bathroom 4, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 4, Bedroom 2
    Bedrooms
    5
    Bathrooms
    4
    APN
    6728046
    Parking features
    Off Street
    Size
    2,468 SF
    Lot size
    0.17 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Year built
    1894
    Floors in Building
    2
    Roof type
    Asphalt, Fiberglass

    Keller Williams Legacy Group Realty (330) 433-6005 [email protected]

    Listing agent Kristy Trentman (330) 571-1217 License #2019003291

    Listing date Dec 4, 2025

    MLS# 5130152 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

    Updated Quadplex Near University of Akron

    This multi-family quadplex is conveniently located within walking distance of the University of Akron. The property features three one-bedroom, one-bathroom units and one two-bedroom, one-bathroom unit. All units have been updated. The property is 75% occupied, bringing in $1970 a month. One unit is currently vacant, suitable for an owner occupant or immediate rental. This property is a solid rental opportunity. The property size is 2468 square feet and the lot size is 0.1653 acres. Also available are the two neighboring duplexes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Spicertown Rentals Apartment Rental Agency

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.506643
    Latitude
    41.070322

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    FAQs

    What type of property is this?
    Quadplex - Updated quadplex near University of Akron, 75% occupied, investment opportunity.
    Where is this quadplex located?
    The property is located at 397 Spicer St Akron, OH.
    What is the asking price?
    The asking price for this property is $164,900.
    What are key features of this property?
    This property features: - Turn-key quadplex near University of Akron.; - Income-producing property with 75% occupancy and $1970 monthly income.; - Updated units: 3 one-bedroom/one-bath and 1 two-bedroom/one-bath.
    (330) 571-1217
    Request Owner's contact information
    397 Spicer St Akron, OH 44311
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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
    397 Spicer St Akron, OH 44311
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