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Occupied Duplex with Updated Interiors
New
For Sale
$140,000

382 Madison Avenue, Akron, OH 44320

ResidentialIncome, Akron, OH

Property Size3,277 SF
Lot Size0.13 Acres
Price / SF$42.72
Days on Market1

Property Features for 382 Madison Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bathroom 2, Laundry Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 6, Bathroom 1, Bedroom 5
Parking features Driveway
Subdivision Crestland Park
Elementary school district Akron CSD - 7701
Middle school district Akron CSD - 7701
High school district Akron CSD - 7701
Directions off madison ave
Standard status Active
APN 6805949
Size 3,277 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BACON LOTS 425 S 40 FT & 426 N 5FT
Tax Annual Amount 2085
Legal Description BACON LOTS 425 S 40 FT & 426 N 5FT

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1924
Floors in Building 2
Building materials Brick, WoodSiding
Roof type Asphalt
Listing Agency: Coldwell Banker Schmidt Realty · Coldwell Banker Real Estate
Listed By: Christopher A Frederick · License #426983
Added: Sep 4 Last Checked: Sep 4 at 7:06PM
MLS# 5237537

Copyright © 2026 MLS Now. 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.

This two-unit duplex contains 6 total bedrooms, with 3 bedrooms in each residence, and 3277 square feet of living area. Both units offer hardwood flooring, updated kitchens and baths, and separate utility metering that includes water. Recent improvements include an updated electrical system with breaker panel and one newer furnace. The brick and wood-sided exterior has an asphalt roof and driveway parking.

Built in 1924 on 0.1302 acres, the property is served by public water and public sewer and uses natural-gas forced-air heating. Both units are occupied under month-to-month arrangements, and professional management is currently in place. The property is located at 382 Madison Avenue in Akron, Ohio 44320.

Key Highlights

  • 6 total bedrooms across two 3‑bedroom units
  • 3277 square feet on a 0.1302‑acre lot
  • Both units are separately metered, including water

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Auto Repair Shop HVAC Service

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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

429
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two separately metered units feature hardwood floors, modern kitchens, and public water and sewer.
Where is this duplex located?
The property is located at 382 Madison Avenue 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: 6 total bedrooms across two 3‑bedroom units; 3277 square feet on a 0.1302‑acre lot; Both units are separately metered, including water
More about this property
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