Brick Duplex Investment
1923-1925 Evergreen Avenue Akron, OH 44301
For Sale
$169,900
MULTI_FAMILY - Akron, OH
Property Size1,568 SF
Lot Size0.14 Acres
Price / SF$108.35
Days on Market60
Property Features for 1923-1925 Evergreen Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 2, Basement, Bedroom 3, Bathroom 1, Bedroom 4, Laundry Room, Bedroom 1
- Parking features
- On Street, Paved or Surfaced, Driveway, Off Street
- Window features
- Blinds
- Interior features
- CeilingFans
- Appliances
- Range, Refrigerator
- Standard status
- Active
- 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
Building Details
- Year built
- 1960
- Floors in Building
- 1
- Building materials
- Brick
- Roof type
- Asphalt, Fiberglass
Listing Agency:
RE/MAX Crossroads Properties
(330) 492-9278
Listed By:
Jeff Drillien · License #2005015656
(330) 819-0070
Added: May 29
Changed: Jul 17
Last Checked: Jul 27 at 8:06AM
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.
Brick duplex with two separate units, each featuring two bedrooms and one bathroom. One unit includes an open kitchen and living room floor plan and direct access through the front and rear, with direct basement access offering a laundry hook-up and a large open storage area. The second unit also has an open kitchen and living room layout and does not provide basement access.
Each unit is equipped with a stove and refrigerator. Street parking is available, and driveway parking is located next to each unit.
The property is a two-unit residential income setup well suited for an owner-occupant who would like to live in one unit while renting the other, or for adding a duplex to an existing rental portfolio.
Each unit is equipped with a stove and refrigerator. Street parking is available, and driveway parking is located next to each unit.
The property is a two-unit residential income setup well suited for an owner-occupant who would like to live in one unit while renting the other, or for adding a duplex to an existing rental portfolio.
Key Highlights
- Brick 2‑unit duplex built in 1960 with two separate rental units
- Each unit has 1 bedroom/bath layout with a stove and refrigerator included
- Unit at 1923 features an open kitchen and living room floor plan and access to the basement
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.6k | $13.80 |
| − Vacancy | −$1.1k | −$0.72 |
| EGI | $20.5k | $13.08 |
| − OpEx | −$6.2k | −$3.92 |
| NOI | $14.4k | $9.16 |
1,568 SF · lease $13.80/SF/yr · vacancy 5.20% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Brick duplex offers two units with two bedrooms each, including basement access and in-unit laundry hookup for one unit.
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: Brick 2‑unit duplex built in 1960 with two separate rental units; Each unit has 1 bedroom/bath layout with a stove and refrigerator included; Unit at 1923 features an open kitchen and living room floor plan and access to the basement
