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8-Unit Apartment Property with Garages
New
For Sale
$850,000

1261-1275 Jacoby Road, Akron, OH 44321

CommercialSale, Akron, OH

Property SizeContact for details
Lot Size0.65 Acres
Days on Market3

Property Features for 1261-1275 Jacoby Road

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning description Commercial
Parking 12
Parking features Garage
Elementary school district Copley-Fairlawn CSD - 7703
Middle school district Copley-Fairlawn CSD - 7703
High school district Copley-Fairlawn CSD - 7703
Directions I-77 to Ridgewood to Jacoby (or) Rt 162/Copley Rd to Jacoby.
Standard status Active
APN 1504745
Lot size 0.65 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 27 E OF JACOBY RD 165 FT FRT / Assessment = $171.50 surface water mgmt - start/end 2025
Tax Annual Amount 15598
Legal Description LOT 27 E OF JACOBY RD 165 FT FRT / Assessment = $171.50 surface water mgmt - start/end 2025

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Wall Unit(s)
Water source Public

Amenities

in-unit laundry hookup
air conditioning
patio/balcony
private garage
detached garage buildings

Building Details

Year built 1984
Floors in Building 2
Roof type Asphalt, Fiberglass
Listing Agency: Wadsworth Real Estate Inc.
Listed By: Kebra R Wilson-Hahn · License #437389
Added: Sep 30 Last Checked: Oct 2 at 7:06AM
MLS# 5249190

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.

Built in 1984 on a 0.65-acre parcel, this apartment property contains eight two-bedroom, one-bathroom residences. Unit features include laundry hookups, wall-mounted air conditioning, a patio or balcony, and a private garage. Updates have been made across the apartments, including a complete renovation of one unit. Detached garage buildings and 12 additional spaces for tenant or guest parking are also part of the property.

Residents pay their own electric and gas costs. The property is served by public water and public sewer and is within the Copley-Fairlawn School District. Akron and Fairlawn are minutes away, with highway access, restaurants, and shopping in the surrounding area.

Key Highlights

  • Eight apartments, each configured with two bedrooms and one bathroom
  • 0.65‑acre property built in 1984
  • Laundry hookups, wall air conditioning, and a patio or balcony in each unit

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Hair Salon Nail Salon Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

112
Businesses Nearby

Demographics for 44321, OH

15,993
Population
6,597
Households
2.4
Avg Household Size
40
Median Age
60%
College-Educated
98%
High-School Grad
14.6 sq mi
ZIP Area
1,095
Density / Sq Mi
$119,282
Median Household Income
$66,933
Median Earnings
$1,423
Median Rent
$320,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Each residence has two bedrooms, one bathroom, laundry hookups, and a patio or balcony.
Where is this apartment building located?
The property is located at 1261-1275 Jacoby Road Akron, OH.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Eight apartments, each configured with two bedrooms and one bathroom; 0.65‑acre property built in 1984; Laundry hookups, wall air conditioning, and a patio or balcony in each unit
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