Two-Unit Brick
New
For Sale
$524,950
453-455 S Frank Boulevard, Akron, OH 44313
ResidentialIncome, Akron, OH
Property Size3,608 SF
Lot Size0.46 Acres
Price / SF$145.50
Days on Market4
Property Features for 453-455 S Frank Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Half bathrooms
2
Rooms
Bedroom 4, Bathroom 2, Basement, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 3, Laundry Room
Parking features
Garage, Open, Driveway
Subdivision
Fairlawn Heights
Elementary school district
Akron CSD - 7701
Middle school district
Akron CSD - 7701
High school district
Akron CSD - 7701
Directions
White Pond Dr to west on Frank Blvd.
Standard status
Active
APN
6809212
Size
3,608 SF
Lot size
0.46 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SECTION F FAIRLAWN HTS ALLT LOT 284 ALL
Tax Annual Amount
9583
Legal Description
SECTION F FAIRLAWN HTS ALLT LOT 284 ALL
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1984
Floors in Building
2
Building materials
Brick
Roof type
Asphalt, Fiberglass
Listing Agency:
Berkshire Hathaway HomeServices Stouffer Realty
(330) 835-4900
Listed By:
Thomas M Boggs · License #264748
(330) 322-7500
Added: Oct 8
Changed: Oct 10
Last Checked: Oct 11 at 7:06AM
MLS# 5250649
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 3,608-square-foot brick duplex, built in 1984, contains two residences with matching two-bedroom, one-and-a-half-bath layouts. Each unit has an eat-in kitchen, formal living and dining rooms, a brick fireplace, laundry, and an attached two-car garage. Screened sunrooms provide private outdoor space, while unfinished basements and extensive closet storage add utility. An approximately 8-inch firewall extends between the units from basement to roof level.
The property occupies 0.4591 acres in Akron. Public water and sewer serve the building. The roof was replaced in 2019; Unit 455 has A/C installed in 2025, and Unit 453’s A/C is approximately 10 years old.
The property occupies 0.4591 acres in Akron. Public water and sewer serve the building. The roof was replaced in 2019; Unit 455 has A/C installed in 2025, and Unit 453’s A/C is approximately 10 years old.
Key Highlights
- Two residences, each with 2 bedrooms and 1.5 bathrooms
- 3,608 square feet on a 0.4591‑acre lot
- Attached 2‑car garage for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,041
Cap Rate
6.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$660,820
$660.8K
Cap Rate 7%
$472,014
$472.0K
Cap Rate 9%
$367,122
$367.1K
Market Conditions
NOI Build-Up for 3,608 SF
Gross rent
$49.8K $13.80/SF
− Vacancy
−$2.6K −$0.72/SF
EGI
$47.2K $13.08/SF
− OpEx
−$14.2K −$3.92/SF
NOI
$33.0K $9.16/SF
Area
Akron, OH
Vacancy
5.20%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$660,820
Cap Rate 7%
$472,014
Cap Rate 9%
$367,122
Alternative Uses
Best Use
Multifamily LT 5
$472.0K
$413.0K – $550.7K
NOI $33,041 @ 7.0% cap · market cap 6.29%
Second Best
Apartment 5plus
$413.2K
$361.6K – $482.1K
NOI $28,926 @ 7.0% cap · market cap 5.51%
Theoretical Best
Office A
$885.4K
$774.8K – $1.03M
NOI $61,980 @ 7.0% cap · market cap 11.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
391
Businesses Nearby
Explore this area
Business Placement
Demographics for 44313, OH
25,678
Population
14,054
Households
1.8
Avg Household Size
41
Median Age
50%
College-Educated
97%
High-School Grad
13.5 sq mi
ZIP Area
1,902
Density / Sq Mi
$76,404
Median Household Income
$46,882
Median Earnings
$1,041
Median Rent
$216,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences include attached garages, screened sunrooms, and unfinished basements for storage.
Where is this duplex located?
The property is located at 453-455 S Frank Boulevard Akron, OH.
What is the asking price?
The asking price for this property is $524,950.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1.5 bathrooms; 3,608 square feet on a 0.4591‑acre lot; Attached 2‑car garage for each unit
