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Triplex with Two-Bedroom Units
For Sale
$155,000

1288 Pondview Avenue, Akron, OH 44305

Fully occupied property with separate gas and electric service for each apartment.

Property Size3,002 SF
Days on Market60

Property Features for 1288 Pondview Avenue

General Information

Standard status Active
Size 3,002 SF
Property subtype Residential Income
Occupancy 100%

Site & Location

Road Access Yes
Utilities to Site Yes

Units

Unit Mix 2 x 2BR, 1 x 1BR
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $2,506

Building Details

Building Size 3,002 SF
Year Built 1920
Buildings 1
Stories 3
Listing Agency: Coldwell Banker Schmidt Realty
Listed By: Christopher A Frederick · License #426983
Source: Carolgoffrealestate
Added: Jul 2 Changed: Aug 29 Last Checked: Aug 29 at 8:08PM

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 Coldwell Banker Schmidt Realty

Investment Insights

Based on property information with market context.

This three-unit residential income property was built in 1920 and includes two two-bedroom apartments plus one one-bedroom apartment. The units are arranged across the first, second, and third floors, with separate gas and electric utilities serving each apartment. Electrical systems have been updated, and the property includes established mechanical systems.

All three apartments are occupied by month-to-month tenants, with the current occupants indicating they would like to remain. The owner pays water, sewer, and trash, while gas and electric service is separately metered by unit. Located at 1288 Pondview Avenue in Akron, Ohio, the property offers a straightforward multifamily configuration with an established tenant base.

Key Highlights

  • Three‑unit building with two 2‑bedroom apartments and one 1‑bedroom apartment
  • Fully occupied by month‑to‑month tenants
  • Separate gas and electric utilities for each unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Nail Salon

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

3
Residential units
100%
Occupancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

403
Businesses Nearby

Demographics for 44305, OH

21,214
Population
10,230
Households
2.1
Avg Household Size
38
Median Age
17%
College-Educated
88%
High-School Grad
6.7 sq mi
ZIP Area
3,166
Density / Sq Mi
$55,909
Median Household Income
$37,409
Median Earnings
$974
Median Rent
$89,900
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?
Triplex - Fully occupied property with separate gas and electric service for each apartment.
Where is this triplex located?
The property is located at 1288 Pondview Avenue Akron, OH.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Three‑unit building with two 2‑bedroom apartments and one 1‑bedroom apartment; Fully occupied by month‑to‑month tenants; Separate gas and electric utilities for each unit
More about this property
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