Duplex with Attached
For Sale
$209,900
Pending
2358 & 2360 Congo Street, Akron, OH 44305
Two residential units include central air, forced-air natural gas heat, and kitchen appliances.
Property Size1,660 SF
Days on Market18
Property Features for 2358 & 2360 Congo Street
General Information
Standard status
Pending
Size
1,660 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$3,033
Amenities
Central Air
Natural Gas, Forced Air
Dishwasher, Range, Refrigerator
Attached, Driveway, Garage
Building Details
Year Built
1966
Buildings
1
Stories
1
Listing Agency:
Lasher Enterprises, Inc. DBA: High Point Real Estate Group
Listed By:
Todd Ryan Casey · License #2019000736
(330) 990-8633
Source:
Evrealestate
Added: Sep 19
Changed: Oct 6
Last Checked: Oct 5 at 6:04PM
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 Lasher Enterprises, Inc. DBA: High Point Real Estate Group
Investment Insights
Based on property information with market context.
This two-unit residential income property was built in 1966 and contains 1,660 square feet. Central air and natural gas forced-air heating serve the building. The kitchens include a dishwasher, range, and refrigerator.
The property has an attached garage and driveway. It is located on Congo Street, two blocks from Newton Street, with access via Darrow Road.
The property has an attached garage and driveway. It is located on Congo Street, two blocks from Newton Street, with access via Darrow Road.
Key Highlights
- Two‑unit property at 2358 & 2360 Congo Street
- 1,660 square feet; built in 1966
- Central air and natural gas forced‑air heat
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,308
Cap Rate
6.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$266,160
$266.2K
Cap Rate 7%
$190,114
$190.1K
Cap Rate 9%
$147,867
$147.9K
Market Conditions
NOI Build-Up for 1,660 SF
Gross rent
$25.5K $15.36/SF
− Vacancy
−$1.3K −$0.78/SF
EGI
$24.2K $14.58/SF
− OpEx
−$10.9K −$6.56/SF
NOI
$13.3K $8.02/SF
Area
Akron, OH
Vacancy
5.10%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$266,160
Cap Rate 7%
$190,114
Cap Rate 9%
$147,867
Alternative Uses
Best Use
Apartment 5plus
$190.1K
$166.4K – $221.8K
NOI $13,308 @ 7.0% cap · market cap 6.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$407.4K
$356.5K – $475.3K
NOI $28,517 @ 7.0% cap · market cap 13.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
239
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Two residential units include central air, forced-air natural gas heat, and kitchen appliances.
Where is this residential income property located?
The property is located at 2358 & 2360 Congo Street Akron, OH.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: Two‑unit property at 2358 & 2360 Congo Street; 1,660 square feet; built in 1966; Central air and natural gas forced‑air heat
