2-Unit Brick
For Sale
Under Contract
$169,900
1923-1925 Evergreen Avenue, Akron, OH 44301
ResidentialIncome, Akron, OH
Property Size1,568 SF
Lot Size0.14 Acres
Price / SF$108.35
Days on Market140
Property Features for 1923-1925 Evergreen Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Laundry Room, Bathroom 1, Basement, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 3
Parking features
Driveway, On Street, Off Street, Paved or Surfaced
Window features
Blinds
Interior features
CeilingFans
Appliances
Range, Refrigerator
Lot features
City Lot
Elementary school district
Akron CSD - 7701
Middle school district
Akron CSD - 7701
High school district
Akron CSD - 7701
Directions
Main St to E Ralston Ave to Evergreen Ave.
Standard status
Active Under Contract
APN
6702437
Size
1,568 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3275
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Window Unit(s)
Water source
Public
Amenities
laundry hookup
stove
refrigerator
Building Details
Year built
1960
Floors in Building
1
Building materials
Brick
Roof type
Asphalt, Fiberglass
Listing Agency:
RE/MAX Crossroads Properties · RE/MAX International
(330) 492-9278
Listed By:
Jeff Drillien · License #2005015656
(330) 819-0070
Added: May 29
Changed: Sep 12
Last Checked: Oct 15 at 10:06AM
MLS# 5210457
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.
This 1,568-square-foot brick duplex contains two residences, each arranged with two bedrooms, one bathroom, a kitchen, and a living area. Built in 1960, the property includes ranges and refrigerators, forced-air natural gas heating, window-unit cooling, ceiling fans, public water, and public sewer. The 1923 side has front and rear entry, an open kitchen-living layout, and basement access with laundry hookups and storage space. The 1925 side has a similar open kitchen-living arrangement without basement access.
The 0.1358-acre property is located in Akron near interstate access, restaurants, and retail stores. Parking is available in the driveway beside the building, on the street, and through paved off-street areas. The duplex is positioned at 1923-1925 Evergreen Avenue in the 44301 postal area.
The 0.1358-acre property is located in Akron near interstate access, restaurants, and retail stores. Parking is available in the driveway beside the building, on the street, and through paved off-street areas. The duplex is positioned at 1923-1925 Evergreen Avenue in the 44301 postal area.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 bathroom per residence
- 1,568 square feet on a 0.1358‑acre lot
- Brick construction dating to 1960
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,359
Cap Rate
8.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$287,180
$287.2K
Cap Rate 7%
$205,129
$205.1K
Cap Rate 9%
$159,544
$159.5K
Market Conditions
NOI Build-Up for 1,568 SF
Gross rent
$21.6K $13.80/SF
− Vacancy
−$1.1K −$0.72/SF
EGI
$20.5K $13.08/SF
− OpEx
−$6.2K −$3.92/SF
NOI
$14.4K $9.16/SF
Area
Akron, OH
Vacancy
5.20%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$287,180
Cap Rate 7%
$205,129
Cap Rate 9%
$159,544
Alternative Uses
Best Use
Multifamily LT 5
$205.1K
$179.5K – $239.3K
NOI $14,359 @ 7.0% cap · market cap 8.45%
Second Best
Apartment 5plus
$179.6K
$157.1K – $209.5K
NOI $12,571 @ 7.0% cap · market cap 7.40%
Theoretical Best
Office A
$384.8K
$336.7K – $448.9K
NOI $26,936 @ 7.0% cap · market cap 15.85%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
363
Businesses Nearby
Explore this area
Business Placement
Demographics for 44301, OH
14,364
Population
6,859
Households
2.1
Avg Household Size
37
Median Age
20%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
3,990
Density / Sq Mi
$52,134
Median Household Income
$34,553
Median Earnings
$990
Median Rent
$103,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separately configured residences provide kitchens, living areas, appliances, and multiple parking options.
Where is this duplex located?
The property is located at 1923-1925 Evergreen Avenue Akron, OH.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom per residence; 1,568 square feet on a 0.1358‑acre lot; Brick construction dating to 1960
