Occupied Duplex with Updated
New
For Sale
$140,000
382 Madison Ave, Akron, OH 44320
Two separately metered units offer updated interiors and existing month-to-month occupancy.
Property Size3,277 SF
Price / SF$42.72
Days on Market3
Property Features for 382 Madison Ave
General Information
Standard status
Active
Size
3,277 SF
Property subtype
Multi-Family
Occupancy
100%
Financials
Gross Income
$19,788
Average Monthly Rent
$824.50
Units
Unit Mix
2 x 3BR
Multifamily Units
2
Building Details
Year Built
1924
Buildings
1
Tenancy
Multi
Listing Agency:
Coldwell Banker Schmidt Realty
Listed By:
Christopher A Frederick, Michele L Frederick
Source:
Theacclaimedrealty
Added: Sep 6
Last Checked: Sep 7 at 10:42AM
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 Coldwell Banker Schmidt Realty
Investment Insights
Based on property information with market context.
Built in 1924, this 3,277-square-foot duplex contains two residential units with a total of 6 bedrooms. Each unit has 3 bedrooms, hardwood flooring, updated kitchens and baths, and a practical living layout. The exterior combines brick with shake-style siding, while property improvements include an updated electrical system with breaker panel and one newer furnace.
Both units are occupied under month-to-month arrangements, and the tenants are responsible for utilities. The units are separately metered, including water. Professional management is currently in place and may remain through a transition or be changed at the buyer’s discretion. The property is located at 382 Madison Ave in Akron, Ohio.
Both units are occupied under month-to-month arrangements, and the tenants are responsible for utilities. The units are separately metered, including water. Professional management is currently in place and may remain through a transition or be changed at the buyer’s discretion. The property is located at 382 Madison Ave in Akron, Ohio.
Key Highlights
- Two‑unit duplex with 6 total bedrooms
- Each unit includes 3 bedrooms, hardwood floors, updated kitchen and bath
- 3,277‑square‑foot building constructed in 1924
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
429
Businesses Nearby
Explore this area
Business Placement
Demographics for 44320, OH
19,083
Population
9,240
Households
2.1
Avg Household Size
42
Median Age
18%
College-Educated
91%
High-School Grad
10.0 sq mi
ZIP Area
1,908
Density / Sq Mi
$40,013
Median Household Income
$33,219
Median Earnings
$915
Median Rent
$102,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separately metered units offer updated interiors and existing month-to-month occupancy.
Where is this duplex located?
The property is located at 382 Madison Ave Akron, OH.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Two‑unit duplex with 6 total bedrooms; Each unit includes 3 bedrooms, hardwood floors, updated kitchen and bath; 3,277‑square‑foot building constructed in 1924
