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Three-Unit Apartment Building
For Sale
Under Contract
$155,000

1288 PONDVIEW AVENUE, Akron, OH 44305

AKRON, OH

Property Size3,002 SF
Price / SF$51.63
Days on Market56

Property Features for 1288 PONDVIEW AVENUE

General Information

Property type Residential Multi Family
Property subtype Single Family Attached
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 5, Bedroom 1
Subdivision BLUE BOND
Standard status Active Under Contract
Size 3,002 SF

Building Details

Year built 1920
Listing Agency: Schmidt Realty · Coldwell Banker Real Estate
Listed By: Christopher Frederick · License #426983
Added: Aug 13 Changed: Sep 12 Last Checked: Oct 7 at 4:06AM
MLS# 5222371

Copyright © 2026 Coldwell Banker Schmidt REALTORS. 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.

This 3,002-square-foot triplex, built in 1920, contains two two-bedroom apartments on the first and second floors and a one-bedroom apartment on the third floor. The units provide distinct residential layouts, and updated electrical work supports the property’s existing operations. Each apartment has its own gas and electric utility service, while water, sewer, and trash remain the owner’s responsibility.

The building is fully occupied by month-to-month tenants. The property is located at 1288 Pondview Avenue in Akron, Ohio 44305, within Summit County. The current configuration offers three apartments across three levels, with a two-bedroom and a one-bedroom unit mix suited to residential rental use.

Key Highlights

  • 3,002‑square‑foot triplex at 1288 Pondview Avenue, Akron, OH 44305
  • Unit mix includes two 2‑bedroom apartments and one 1‑bedroom apartment
  • Fully occupied with month‑to‑month tenants

Property Analytics

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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
Multi-tenant
Tenancy
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 triplex with separate gas and electric utilities serving 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: 3,002‑square‑foot triplex at 1288 Pondview Avenue, Akron, OH 44305; Unit mix includes two 2‑bedroom apartments and one 1‑bedroom apartment; Fully occupied with month‑to‑month tenants
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