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Eight-Unit Brick Apartment Building
New
For Sale
$325,000

167 Chittenden St, Akron, OH 44306

Brick walk-up apartment property with a six-to-two bedroom mix, off-street parking, and three vacant units.

Property SizeContact for details
Days on Market2

Property Features for 167 Chittenden St

General Information

Standard status Active
Net Rentable 5,875 SF

Financials

Asking Price $325,000
Average Monthly Rent $655

Units

Unit Mix 6 x 1BR, 2 x 2BR
Multifamily Units 8

Additional Details

Utilities to Site Yes

Building Details

Year Built 1913
Construction brick
Listing Agency: Russell Real Estate Services
Listed By: Tal Tamir · License #2018001908
Source: Kmlkrealty
Added: Sep 9 Last Checked: Sep 9 at 4:14PM

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 Russell Real Estate Services

Investment Insights

Based on property information with market context.

Built in 1913, this eight-unit brick walk-up contains approximately 5,875 rentable square feet arranged as six one-bedroom apartments and two two-bedroom apartments. Three units are vacant, including both two-bedroom layouts, providing immediate control of those spaces. Existing improvements include luxury vinyl plank flooring in several apartments, fresh paint, double-pane windows, a mansard roof, and a covered front porch supported by brick columns. The property does not require a gut renovation.

Ownership covers water, sewer, trash, and common-area electric, while residents pay their own electric and heat. Off-street parking is included. The building is located at 167 Chittenden St in East Akron, approximately two miles from the University of Akron and Goodyear’s world headquarters.

Key Highlights

  • Eight units with six one‑bedroom and two two‑bedroom apartments
  • Approximately 5,875 rentable square feet in a 1913 building
  • Three vacant units, including both two‑bedroom apartments

Property Analytics

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Current Use

Apartment buildings

Suggested Use

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

8
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

531
Businesses Nearby

Demographics for 44306, OH

21,085
Population
10,424
Households
2
Avg Household Size
34
Median Age
9%
College-Educated
86%
High-School Grad
8.3 sq mi
ZIP Area
2,540
Density / Sq Mi
$41,105
Median Household Income
$30,481
Median Earnings
$901
Median Rent
$77,500
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?
Apartment building - Brick walk-up apartment property with a six-to-two bedroom mix, off-street parking, and three vacant units.
Where is this apartment building located?
The property is located at 167 Chittenden St Akron, OH.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Eight units with six one‑bedroom and two two‑bedroom apartments; Approximately 5,875 rentable square feet in a 1913 building; Three vacant units, including both two‑bedroom apartments
More about this property
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