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For sale
Single family properties
OH
Akron
44311
481 Sherman Street

Renovated Multifamily Near University

481 Sherman Street, Akron, OH 44311

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For Sale

$192,500

MULTI_FAMILY - Akron, OH

Lot size:

0.12 Acres

We can help!

Contact an agent

Steve Burgess

Real Estate License ID: 2003001789

HighLights

Renovated 4‑bedroom single‑family home with each bedroom having its own private bathroom
Currently leased: first‑floor suites rent $625/month; two larger second‑floor suites rent $725/month
Recent updates include new kitchen, new bathrooms, roofing, 1st floor laundry, and new flooring throughout
Heating: forced air with natural gas; water from public source and sewer via public sewer
Roof materials include fiberglass and asphalt
Parking available with driveway and garage, plus off‑street and on‑street parking

For Sale

$192,500

MULTI_FAMILY - Akron, OH

Lot size:

0.12 Acres

Added:: Apr 6, 2026
Days on Market:: 93
Last Refresh:: Jul 7 at 5:06 am

Property Features for 481 Sherman Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 4
Bathrooms: 4
Rooms: Bedroom 3, Bathroom 2, Bathroom 4, Bedroom 4, Basement, Bathroom 3, Bedroom 1, Bedroom 2, Bathroom 1
Parking features: Garage, Off Street, Driveway, On Street
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

We can help!

Contact an agent

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

HighLights

Renovated 4‑bedroom single‑family home with each bedroom having its own private bathroom
Currently leased: first‑floor suites rent $625/month; two larger second‑floor suites rent $725/month
Recent updates include new kitchen, new bathrooms, roofing, 1st floor laundry, and new flooring throughout
Heating: forced air with natural gas; water from public source and sewer via public sewer
Roof materials include fiberglass and asphalt
Parking available with driveway and garage, plus off‑street and on‑street parking

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 Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Location Insight

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Local Demand

City: Akron
County: Summit
State: Ohio
Longitude: -81.516284
Latitude: 41.069938

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For sale
Single family properties
OH
Akron
44311
481 Sherman Street

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: Renovated 4‑bedroom single‑family home with each bedroom having its own private bathroom; Currently leased: first‑floor suites rent $625/month; two larger second‑floor suites rent $725/month; Recent updates include new kitchen, new bathrooms, roofing, 1st floor laundry, and new flooring throughout

481 Sherman Street, Akron, OH 44311

MULTI_FAMILY - Akron, OH

Property Features for 481 Sherman Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Mixed-Use Building in East Market

Updated Duplex in Portage Lakes

Fully Occupied Triplex Investment

Brick 3-Unit Fixer-Upper

Three-Unit Triplex with Private Parking

Turnkey Restaurant with Expansion Potential

Corner Retail and Restaurant Building

Akron Brick Triplex with Garage

Four-Unit Apartment Building

Renovated Duplex in Quiet Akron

Turnkey Duplex in Akron, OH

2-4 Unit Residential Income Property

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