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22-Unit Garden-Style Apartment Building
For Lease
$1,450,000

2323 Newton St, Akron, OH 44305

Maintained multifamily property with access to major Akron employers and institutions.

Space SizeContact for details
Property Size35,284 SF
Days on Market460

Property Features for 2323 Newton St

General Information

Standard status Active
Size 35,284 SF
Property subtype Multifamily
Zoning 402-C Apartments | Rental Units

Additional Details

Multifamily Units 22

Building Details

Building Size 35,284 SF
Construction garden-style
Listing Agency: Hoff & Leigh
Listed By: Debra Kaplan · License #OH2008001197
Source: Hoffleigh
Added: Jul 16, 2025 Changed: Oct 9 Last Checked: Oct 16 at 5:40AM

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 Hoff & Leigh

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Investment Insights

Based on property information with market context.

This 22-unit garden-style apartment property contains 35,284 square feet and is identified for apartment and rental-unit use under 402-C Apartments | Rental Units zoning. The asset is located at 2323 Newton St in Akron’s Goodyear Heights neighborhood.

The property is positioned within the Akron market with access to Summa Health, Akron Children’s Hospital, Goodyear Headquarters, the University of Akron, GOJO Industries, and FedEx. Its multifamily configuration and established neighborhood setting provide a clear apartment-building profile for residential rental operations.

Key Highlights

  • 22‑unit garden‑style multifamily property
  • 35,284‑square‑foot apartment property
  • 402‑C Apartments | Rental Units zoning

Property Analytics

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Current Use

Luxur Beauty Cosmetic Store

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon HVAC Service Spa & Massage Center Daycare Center

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

22
Residential units
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

172
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
View Realmo Analytics

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 - Maintained multifamily property with access to major Akron employers and institutions.
Where is this apartment building located?
The property is located at 2323 Newton St Akron, OH.
What is the lease rate?
The lease rate is $1,450,000.
What are key features of this property?
This property features: 22‑unit garden‑style multifamily property; 35,284‑square‑foot apartment property; 402‑C Apartments | Rental Units zoning
More about this property
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