Brick Duplex with Front
For Sale
$144,900
1200 Wilbur Avenue, Akron, OH 44301
ResidentialIncome, Akron, OH
Property Size1,472 SF
Lot Size0.16 Acres
Price / SF$98.44
Days on Market48
Property Features for 1200 Wilbur Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 2, Bathroom 1, Basement, Bedroom 3, Bedroom 1
Parking features
Garage
Elementary school district
Akron CSD - 7701
Middle school district
Akron CSD - 7701
High school district
Akron CSD - 7701
Directions
Take S Main St to Wilbur Ave, then continue to 1200 Wilbur Ave.
Standard status
Active
APN
6817359
Size
1,472 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2770
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Wall Unit(s)
Water source
Public
Building Details
Year built
1930
Floors in Building
2
Building materials
Brick
Roof type
Asphalt
Listing Agency:
EXP Realty, LLC.
(866) 212-4991
Listed By:
Peter Krusinski · License #2023005246
(216) 318-7259
Added: Sep 3
Changed: Oct 19
Last Checked: Oct 20 at 3:06AM
MLS# 5242446
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.
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Investment Insights
Based on property information with market context.
This 1930 brick duplex contains 1,472 square feet across two residential units. The lower apartment has two bedrooms and one bathroom, while the upper apartment provides one bedroom and one bathroom. Both units include vinyl flooring, kitchens, and large front porches. The property also includes a basement and an attached garage.
Forced-air heating and wall-unit cooling serve the building. Public water and public sewer are in place, with an asphalt roof and a 0.1598-acre lot in Akron, Ohio.
Forced-air heating and wall-unit cooling serve the building. Public water and public sewer are in place, with an asphalt roof and a 0.1598-acre lot in Akron, Ohio.
Key Highlights
- Two‑unit duplex with 1,472 square feet of building area
- Lower unit includes 2 bedrooms and 1 bathroom
- Upper unit includes 1 bedroom and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,801
Cap Rate
8.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$236,020
$236.0K
Cap Rate 7%
$168,586
$168.6K
Cap Rate 9%
$131,122
$131.1K
Market Conditions
NOI Build-Up for 1,472 SF
Gross rent
$22.6K $15.36/SF
− Vacancy
−$1.2K −$0.78/SF
EGI
$21.5K $14.58/SF
− OpEx
−$9.7K −$6.56/SF
NOI
$11.8K $8.02/SF
Area
Akron, OH
Vacancy
5.10%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$236,020
Cap Rate 7%
$168,586
Cap Rate 9%
$131,122
Alternative Uses
Best Use
Multifamily LT 5
$192.6K
$168.5K – $224.7K
NOI $13,480 @ 7.0% cap · market cap 9.30%
Second Best
Apartment 5plus
$168.6K
$147.5K – $196.7K
NOI $11,801 @ 7.0% cap · market cap 8.14%
Theoretical Best
Office A
$361.2K
$316.1K – $421.5K
NOI $25,287 @ 7.0% cap · market cap 17.45%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
395
Businesses Nearby
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Business Placement
Demographics for 44301, OH
14,364
Population
6,859
Households
2.1
Avg Household Size
37
Median Age
20%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
3,990
Density / Sq Mi
$52,134
Median Household Income
$34,553
Median Earnings
$990
Median Rent
$103,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with separate kitchens, garage parking, and public water and sewer service.
Where is this duplex located?
The property is located at 1200 Wilbur Avenue Akron, OH.
What is the asking price?
The asking price for this property is $144,900.
What are key features of this property?
This property features: Two‑unit duplex with 1,472 square feet of building area; Lower unit includes 2 bedrooms and 1 bathroom; Upper unit includes 1 bedroom and 1 bathroom
