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Renovated Quadplex with Private Suites

481 Sherman Street Akron, OH 44311

481 Sherman Street, Akron, OH, 44311
$192,500
For Sale
$192,500

MULTI_FAMILY - Akron, OH

Lot Size0.12 Acres
Days on Market108

Property Features for 481 Sherman Street

General Information

Property type
Residential Multi Family
Property subtype
Quadruplex
Bedrooms
4
Bathrooms
4
Rooms
Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 4, Basement, Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 2
Parking features
Driveway, Off Street, Garage, On Street
Standard status
Active
APN
6827639
Lot size
0.12 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
RENTSCHLER LOT 34 W 96.9FT
Tax Annual Amount
2808

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public

Building Details

Year built
1894
Floors in Building
2
Building materials
Frame, WoodSiding
Roof type
Asphalt, Fiberglass
Listing agency Cutler Real Estate
Listed by Steve Burgess · License #2003001789
Added: Apr 6 Updated: Jul 17 at 10:18PM Checked: Jul 22 at 1:06PM
MLS# 5196832

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.

This renovated quadplex features a four-bedroom layout with secure bedroom suites, each with a private bathroom. Updates referenced in the listing include roofing, a new kitchen, new bathrooms, and flooring throughout, along with first-floor laundry. The home is configured to provide tenant comfort with shared/common spaces alongside the private-suite arrangement.

The property is described as located in a walkable neighborhood a few steps from The University of Akron and surrounding downtown areas.

All suites are currently occupied, with first-floor suites described as renting at $625 per month and two larger second-floor suites described as renting at $725 per month.

Key Highlights

  • 4‑bedroom home with a private bathroom for each bedroom suite
  • Monthly rental income reported: first‑floor suites at $625/month and larger second‑floor suites at $725/month (all suites currently occupied)
  • Renovations include new kitchen, new bathrooms, new flooring throughout, and updated roof

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Carpet & Flooring Store (Bike/Boat/Book/etc) Store Electrical Service Veterinary Clinic Acupuncture Pet Grooming Service Nail Salon Florist Butcher (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Quadplex - Renovated four-bedroom home with private bathrooms, in-suite common spaces, and first-floor laundry.
Where is this quadplex located?
The property is located at 481 Sherman Street Akron, OH.
What is the asking price?
The asking price for this property is $192,500.
What are key features of this property?
This property features: 4‑bedroom home with a private bathroom for each bedroom suite; Monthly rental income reported: first‑floor suites at $625/month and larger second‑floor suites at $725/month (all suites currently occupied); Renovations include new kitchen, new bathrooms, new flooring throughout, and updated roof
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