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    Renovated Multifamily Near University Title is generated by Realmo AI

    481 Sherman Street, Akron, OH 44311

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    For Sale
    $192,500

    MULTI_FAMILY - Akron, OH

    Lot size:
    0.12 Acres
    Added:
    Apr 6, 2026
    Days on Market:
    47
    Last Refresh:
    May 22 at 1:06 am

    Property Features for 481 Sherman Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    4
    Rooms
    Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Basement, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 3
    Parking features
    On Street, Driveway, Off Street, Garage
    Standard status
    Active
    APN
    6827639
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    RENTSCHLER LOT 34 W 96.9FT
    Tax Annual Amount
    2808

    Utilities

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

    Building Details

    Year built
    1894
    Floors in Building
    2
    Building materials
    Frame, WoodSiding
    Roof type
    Asphalt, Fiberglass

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    Listing Contact
    Steve Burgess
    Steve Burgess

    Listing agent Steve Burgess License #2003001789

    Listing office Cutler Real Estate 971 E Turkeyfoot Lake Rd., Canton, OH

    Listing date Apr 6, 2026

    MLS# 5196832 Listing URL

    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.

    HighLights

    • High Income Potential: Currently generating over $2600/month.
    • Turnkey Rental Property: Designed for individual rental rooms or student housing with secure bedroom suites and private bathrooms.
    • Prime Location: Walkable neighborhood, steps from The University of Akron and downtown.
    • Recently Renovated: Includes new roofing, kitchen, bathrooms, 1st‑floor laundry, and flooring.
    • Four Bedroom Suites: Each bedroom has its own private bathroom.
    • Multiple Parking Options: Garage, driveway, on‑street, and off‑street parking available.

    Overview

    This renovated and updated home is located in a walkable neighborhood just a few steps from The University of Akron and surrounding downtown areas. Recent renovations include roofing, a new kitchen, new bathrooms, first-floor laundry, and new flooring throughout. The layout is suitable for short-term rentals or college rentals, offering tenants comfortable common spaces and secure bedroom suites with private bathrooms. The property functions as a single-family home with four bedrooms, each with its own bathroom, rented out monthly or longer. All suites are currently occupied, with first-floor suites renting for $625 per month and two larger second-floor suites renting for $725 per month. The property generates over $2600 monthly. Located in Akron, OH 44311, in Summit County, the property occupies a lot of 0.1225 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Law Firm Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.516284
    Latitude
    41.069938

    FAQs

    What type of property is this?
    Single family property - Updated home near University of Akron, ideal for rentals.
    Where is this single family property located?
    The property is located at 481 Sherman Street Akron, OH.
    What is the asking price?
    The asking price for this property is $192,500.
    What are key features of this property?
    This property features: High Income Potential: Currently generating over $2600/month.; Turnkey Rental Property: Designed for individual rental rooms or student housing with secure bedroom suites and private bathrooms.; Prime Location: Walkable neighborhood, steps from The University of Akron and downtown.
    More about this property
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