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481 Sherman Street Akron, OH 44311

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For Sale
$192,500

MULTI_FAMILY - Akron, OH

Lot size:
0.12 Acres
Added:
Apr 6, 2026
Days on Market:
12
Last Refresh:
Apr 17 at 10:06 pm

Property Features for 481 Sherman Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Rooms
Bathroom 2, Bedroom 3, Bedroom 1, Bathroom 4, Bathroom 3, Basement, Bathroom 1, Bedroom 4, Bedroom 2
Parking features
Off Street, Driveway, On Street, Garage
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
Fiberglass, Asphalt

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Listing Contact
Steve Burgess
Steve Burgess

Listing agent Steve Burgess License #2003001789

Listing office Cutler Real Estate 971 E Turkeyfoot Lake Rd., Canton, OH

Listing date Apr 6, 2026

MLS# 5196832 Listing URL

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.


Overview

Renovated Multifamily Near University

This renovated and updated home is located in a walkable neighborhood just a few steps from The University of Akron and surrounding downtown areas. Recent renovations include roofing, a new kitchen, new bathrooms, first-floor laundry, and new flooring throughout. The layout is suitable for short-term rentals or college rentals, offering tenants comfortable common spaces and secure bedroom suites with private bathrooms. The property functions as a single-family home with four bedrooms, each with its own bathroom, rented out monthly or longer. All suites are currently occupied, with first-floor suites renting for $625 per month and two larger second-floor suites renting for $725 per month. The property generates over $2600 monthly. Located in Akron, OH 44311, in Summit County, the property occupies a lot of 0.1225 acres.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Law Firm Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Akron
County
Summit
State
Ohio
Longitude
-81.516284
Latitude
41.069938

FAQs

What type of property is this?
Single family property - Updated home near University of Akron, ideal for rentals.
Where is this single family property 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: High Income Potential: Currently generating over $2600/month.; Turnkey Rental Property: Designed for individual rental rooms or student housing with secure bedroom suites and private bathrooms.; Prime Location: Walkable neighborhood, steps from The University of Akron and downtown.
More about this property
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