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    642 E Buchtel Ave Akron, OH 44304

    New
    For Sale
    $339,000

    MULTI_FAMILY - Akron, OH

    Property size:
    3,600 SF
    Lot size:
    0.23 Acres
    Days on Market:
    5
    Last Refresh:
    Dec 13 at 7:06 am

    Property Features for 642 E Buchtel Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 3, Bedroom 6, Bedroom 8, Bathroom 3, Bathroom 5, Bathroom 6, Bathroom 7, Bedroom 1, Laundry Room, Bathroom 4, Bathroom 1, Bedroom 5, Bathroom 8, Bathroom 2, Bedroom 7, Bedroom 4, Bedroom 2, Basement
    Bedrooms
    8
    Bathrooms
    8
    APN
    6810686
    Parking features
    Parking Lot, On Street
    Size
    3,600 SF
    Lot size
    0.23 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2004
    Floors in Building
    2
    Building materials
    VinylSiding
    Roof type
    Asphalt, Fiberglass

    Real Estate Quest, Inc. (440) 387-4800 [email protected]

    Listing agent Alex V Johnson (440) 724-5116 License #2007002717

    Listing date Dec 9, 2025

    MLS# 5176517 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 Quadplex Investment Opportunity

    Located in Akron, Ohio, this fully rented quadplex presents an investment opportunity in a market noted for long-term rental growth. The property, situated at the corner of Buchtel and Straw, offers immediate cash flow with potential for increased returns. Constructed relatively recently, with three units built in 2004 and a fourth added in 2010, the property is a newer multifamily offering in Summit County. This construction age suggests easier maintenance and tenant appeal. The property features vinyl siding and off-street parking. All four units are occupied, with each unit currently generating $800 per month. These rents have remained unchanged for over two years and are below market value. Each unit includes two bedrooms, a full bath upstairs, and a half bath between the kitchen and living room. Three units have full basements equipped with washers and dryers, while the fourth unit provides first-floor laundry facilities. The property is positioned as suitable for both experienced investors and those building a portfolio, offering potential in Akron's rental market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.498296
    Latitude
    41.076255

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    FAQs

    What type of property is this?
    Quadplex - Fully rented quadplex with immediate cash flow and upside potential.
    Where is this quadplex located?
    The property is located at 642 E Buchtel Ave Akron, OH.
    What is the asking price?
    The asking price for this property is $339,000.
    What are key features of this property?
    This property features: - Fully rented quadplex providing immediate cash flow in Akron.; - Newer construction (built 2004-2010) compared to other multifamily properties in Summit County.; - Rents are below market value, presenting an immediate opportunity to increase income.
    (440) 724-5116
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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
    642 E Buchtel Ave Akron, OH 44304
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