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Townhome-Style Multifamily Property
For Sale
$899,000

2161 Thurmont Rd, Akron, OH 44313

For-sale townhome-style multifamily with 10 units, on-site parking, and in-suite laundry, near W. Market St.

Property SizeContact for details
Days on Market99

Property Features for 2161 Thurmont Rd

General Information

Standard status Active

Site & Location

Neighborhood Northwest Akron

Additional Details

Multifamily Units 10

Amenities

on-site parking
in-suite laundry

Building Details

Year Built 1962
Tenancy Multi
Listing Agency: Keller Williams Elevate
Listed By: Antonio Biasiotta · License #2015003682
Source: Groganzeiger
Added: Jul 20 Changed: Oct 25 Last Checked: Oct 24 at 9:48PM

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 Keller Williams Elevate

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Investment Insights

Based on property information with market context.

This for-sale multifamily property consists of 10 townhome-style units. The mix includes seven 3-bedroom, 1.5-bath units and three 2-bedroom, 1-bath units. Residents benefit from on-site parking and in-suite laundry, and the property has undergone significant renovations over the past several years, including many interior updates.

The location is in Northwest Akron, on the border of Fairlawn and Sand Run Park, with great access to W. Market St.

With the townhome-style layout, units provide separate entry and privacy characteristics that differ from traditional apartment configurations. The property is presented as capable of cash flow on day one, with additional upside tied to continued interior improvements and bringing rents to market.

Key Highlights

  • 10 townhome‑style units in Northwest Akron (boarder of Fairlawn and Sand Run Park), built in 1962
  • Unit mix: 7 units with 3BD/1.5Bth and 3 units with 2BD/1Bth, all townhome style
  • In‑suite laundry and on‑site parking for residents

Property Analytics

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Lease Details

10
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

224
Businesses Nearby

Demographics for 44313, OH

25,678
Population
14,054
Households
1.8
Avg Household Size
41
Median Age
50%
College-Educated
97%
High-School Grad
13.5 sq mi
ZIP Area
1,902
Density / Sq Mi
$76,404
Median Household Income
$46,882
Median Earnings
$1,041
Median Rent
$216,200
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

Frequently Asked Questions

What type of property is this?
Apartment building - For-sale townhome-style multifamily with 10 units, on-site parking, and in-suite laundry, near W. Market St.
Where is this apartment building located?
The property is located at 2161 Thurmont Rd Akron, OH.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 10 townhome‑style units in Northwest Akron (boarder of Fairlawn and Sand Run Park), built in 1962; Unit mix: 7 units with 3BD/1.5Bth and 3 units with 2BD/1Bth, all townhome style; In‑suite laundry and on‑site parking for residents
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