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Apartment Building with New Roof
For Sale
$254,900

351 E 2nd St, Akron, CO 80720

MULTI_FAMILY - Akron, CO

Property Size2,460 SF
Lot Size0.09 Acres
Price / SF$103.62
Days on Market154

Property Features for 351 E 2nd St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RES
Bedrooms 5
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 4, Bathroom 5, Bedroom 5, Bedroom 1, Bedroom 2, Basement, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 3, Bathroom 2
Basement Partially Finished, Full
Appliances Washer, Dryer
Subdivision Ak 1st Add
Lot features Level, Paved, Curbs, Alley
View City
Elementary school Akron
Middle school Akron
High school Akron
Elementary school district Akron R-1
Middle school district Akron R-1
High school district Akron R-1
Standard status Active
APN 92002014005
Size 2,460 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 1695

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Wall Furnace

Amenities

common laundry room
storage rooms

Building Details

Year built 1955
Floors in Building 1
Number of units 5
Building materials Frame
Roof type Composition
Listing Agency: CENTURY 21 Cornerstone
Listed By: Mary Walter · License #EA.040047505
Added: Mar 5 Changed: Aug 2 Last Checked: Aug 6 at 9:06AM
MLS# 1052992

Copyright © 2026 IRES MLS. 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.

Apartment buildings—this professionally managed 5-plex includes five 1-bedroom, 1-bath units and is presented as a turnkey addition for a portfolio. The property has a brand-new roof and multiple recent upgrades, including updated electrical with individual meters, new furnaces, fresh interior and exterior paint, new windows, updated flooring, and charming front decks. A newly added common laundry room supports day-to-day tenant convenience, and the building includes additional rooms that can be used for storage or potentially reconfigured to expand one unit.

The property sits on a 0.09-acre lot. Constructed with frame materials and built in 1955, it features composition roofing, wall furnace heating, and access to natural gas and public sewer.

The layout is built around five repeating 1-bedroom, 1-bath units, with basement space included in the overall room mix.

Key Highlights

  • Five‑unit 1‑bedroom, 1‑bath apartment building
  • Brand‑new roof plus new windows and updated flooring
  • Updated electrical with individual meters

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Dental Office Real Estate Agency Pharmacy Plumbing Service Grocery & Convenience Store

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

198
Businesses Nearby

Demographics for 80720, CO

2,623
Population
1,166
Households
2.2
Avg Household Size
42
Median Age
28%
College-Educated
92%
High-School Grad
986.6 sq mi
ZIP Area
3
Density / Sq Mi
$62,619
Median Household Income
$42,047
Median Earnings
$1,102
Median Rent
$209,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Professionally managed 5-plex with updated interiors, new windows, and in-unit heating, plus a new common laundry room.
Where is this apartment building located?
The property is located at 351 E 2nd St Akron, CO.
What is the asking price?
The asking price for this property is $254,900.
What are key features of this property?
This property features: Five‑unit 1‑bedroom, 1‑bath apartment building; Brand‑new roof plus new windows and updated flooring; Updated electrical with individual meters
More about this property
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