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Fully Leased 4-Plex with Retail
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123 Rhodes Ave, Akron, OH 44302

Fully leased 4-plex with street-level retail and second-floor apartments across three city parcels with parking.

Property SizeContact for details
Days on Market130

Property Features for 123 Rhodes Ave

General Information

Standard status Active
Property subtype Retail, Multifamily
Occupancy 100%

Additional Details

Multifamily Units 2

Building Details

Tenancy Multi
Listing Agency: Hoff & Leigh Fairlawn
Listed By: Debra Kaplan · License #OH2008001197
Source: Crexi
Added: Apr 11 Changed: Aug 14 Last Checked: Aug 14 at 7:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hoff & Leigh Fairlawn

Investment Insights

Based on property information with market context.

This fully leased 4-plex combines two street-level retail spaces with two second-floor apartments. The property is arranged across three city parcels, creating a compact setup that supports both income streams within one ownership.

Located in Akron’s West Hill neighborhood, the building is described as having great parking and being close to public transit. It is also positioned near Downtown Akron and Highland Square, supporting convenient day-to-day access for tenants and visitors.

The current configuration offers a straightforward mix of retail and residential units while maintaining a single, consolidated 4-plex structure for management and ownership purposes.

Key Highlights

  • Fully leased 4‑plex in Akron’s West Hill neighborhood
  • Tenant mix includes 2 street‑level retail units and 2 second‑floor apartment units
  • Located on 3 city parcels

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Bakery HVAC Service Grocery & Convenience Store Electrical Service

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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

789
Businesses Nearby

Demographics for 44302, OH

4,661
Population
3,011
Households
1.5
Avg Household Size
39
Median Age
27%
College-Educated
92%
High-School Grad
0.9 sq mi
ZIP Area
5,179
Density / Sq Mi
$45,323
Median Household Income
$37,989
Median Earnings
$758
Median Rent
$112,200
Median Home Value

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?
Quadplex - Fully leased 4-plex with street-level retail and second-floor apartments across three city parcels with parking.
Where is this quadplex located?
The property is located at 123 Rhodes Ave Akron, OH.
What are key features of this property?
This property features: Fully leased 4‑plex in Akron’s West Hill neighborhood; Tenant mix includes 2 street‑level retail units and 2 second‑floor apartment units; Located on 3 city parcels
(330) 328-5594 Call to check price and availability
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