1036-1038 Emma Avenue Akron, OH 44302
MULTI_FAMILY - Akron, OH
- Added:
- Jul 8, 2026
- Days on Market:
- 4
- Last Refresh:
- Jul 11 at 8:06 am
Property Features for 1036-1038 Emma Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 1, Basement, Bedroom 4, Bedroom 2, Bathroom 1, Laundry Room, Bedroom 3
- Parking features
- Driveway, Garage, Open
- Appliances
- Range, Refrigerator
- Standard status
- Active
- APN
- 6730823
- Size
- 2,678 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3066
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Building materials
- AluminumSiding
- Roof type
- Asphalt
Listing agent Catherine N Haller License #2005014369 (330) 472-3261
Listing office EXP Realty, LLC. 159 Crocker Park Blvd. #400, Dublin, OH (866) 212-4991
Listing date Jul 8, 2026
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.
The property is located at 1036-1038 Emma Avenue in Akron, Ohio, within a described owner-occupied residential area of West Akron/Highland Square. The lot size is listed at 0.1377 acres, with a total property size of 2,678 square feet.
For buyers or operators seeking a residential income property with two well-sized units, this duplex presents a straightforward two-family configuration. The seller notes multiple updates, including fresh paint, copper plumbing, rewired and updated electric panels, insulation blown into walls, a new roof, new sidewalks, new windows, water heaters, a new garage door, and exterior painting. The combination of separate meters, porches, and the attached lower-level access to garage and yard may appeal to tenants looking for comfortable, functional layouts.
Key Highlights
- Two‑unit duplex with separate meters for each unit (one ground level; one upstairs).
- Each unit includes 2 bedrooms, 1 full bath, kitchen, dining room, and shared interior features plus front and back porches.
- Property includes a two‑car garage in the back and a partially fenced yard.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.1k | $15.36 |
| − Vacancy | −$2.1k | −$0.78 |
| EGI | $39.0k | $14.58 |
| − OpEx | −$17.6k | −$6.56 |
| NOI | $21.5k | $8.02 |
