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Renovated 112-Unit Apartment Community
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433 Grant St, Akron, OH 44311

Affordable apartments offer one-, two-, and three-bedroom layouts, updated kitchens, on-site laundry, and controlled building access.

Property SizeContact for details
Days on Market142

Property Features for 433 Grant St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 112

Amenities

on-site leasing office
community room
on-site laundry facilities
secure building access

Building Details

Year Built 1969
Year Renovated 2011
Listing Agency: Berkadia Commercial Mortgage Southfield
Listed By: Rick Brace · License #MI
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 12:02AM

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 Berkadia Commercial Mortgage Southfield

Investment Insights

Based on property information with market context.

EnVision Apartments is a 112-unit community with one-, two-, and three-bedroom residences. The property was constructed in 1969 and received extensive renovation work in 2011, including roof replacements or updates, building mechanical systems, kitchens, bathrooms, and other interior elements. Apartment interiors feature open layouts, gas ranges, granite countertops, and full appliance packages.

Community features include an on-site leasing office, shared community room, laundry facilities, and secure entry. The property transitioned from student housing to an affordability-focused model, with project-based voucher coverage extended across the remaining units after an initial agreement covered 50 units in 2021. Voucher contracts are structured in tiered stages for 20 years, with the earliest effective date in March 2021.

Located at 433 Grant St in Akron’s University Park neighborhood, the community is within walking distance of The University of Akron and near schools, transportation arteries, dining, healthcare, and shopping including ALDI and Save A Lot.

Key Highlights

  • 112‑unit apartment community with one-, two-, and three‑bedroom floor plans
  • Built in 1969 and extensively renovated in 2011
  • Renovations included roofs, building mechanicals, kitchens, baths, and interior components

Property Analytics

Current Use

Envision Apartments Apartment Building Envision Apartments in Akron ... Real Estate Agency Envision Apartments in Akron Real Estate Agency Envision Luxury Apartments ... Real Estate Agency Envision Apartments in Akron, ... Real Estate Agency

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Electrical Service Veterinary Clinic Acupuncture Pet Grooming 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

112
Residential units

Location Intelligence

Trade Area within ½ mile

2,969
Businesses Nearby

Demographics for 44311, OH

6,993
Population
3,400
Households
2.1
Avg Household Size
28
Median Age
10%
College-Educated
79%
High-School Grad
1.9 sq mi
ZIP Area
3,681
Density / Sq Mi
$23,857
Median Household Income
$14,953
Median Earnings
$790
Median Rent
$64,000
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?
Apartment building - Affordable apartments offer one-, two-, and three-bedroom layouts, updated kitchens, on-site laundry, and controlled building access.
Where is this apartment building located?
The property is located at 433 Grant St Akron, OH.
What are key features of this property?
This property features: 112‑unit apartment community with one-, two-, and three‑bedroom floor plans; Built in 1969 and extensively renovated in 2011; Renovations included roofs, building mechanicals, kitchens, baths, and interior components
(248) 952-4710 Call to check price and availability
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