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40-Unit Apartment Building
For Sale
Contact for pricing
Pending

515 Carpenter St, Akron, OH 44310

North Akron property offers a varied unit mix near the University of Akron and Interstate 77.

Property SizeContact for details
Days on Market141

Property Features for 515 Carpenter St

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 28 x 1BR, 10 x 2BR, 1 x 3BR, 1 x studio
Multifamily Units 40

Additional Details

Highway Access Yes
Listing Agency: Colliers - Chicago Downtown, Illinois
Listed By: Tyler Hague, LEED AP · License #IL 471009171
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 11:18PM

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 Colliers - Chicago Downtown, Illinois

Investment Insights

Based on property information with market context.

Pine Pointe Apartments is a 40-unit multifamily property at 515 Carpenter St in Akron, Ohio. The unit mix includes 28 one-bedroom apartments, 10 two-bedroom apartments, one three-bedroom apartment, and one studio. Ownership has completed maintenance and capital expenditures intended to preserve the condition of the buildings.

The property is positioned on Akron’s North Side, north of the University of Akron and minutes from Interstate 77. Its location provides access to Akron and the surrounding Akron-Canton metropolitan area, including employment centers in Summit and Stark counties.

Key Highlights

  • 40‑unit apartment complex with 28 one‑bedroom, 10 two‑bedroom, one three‑bedroom, and one studio unit
  • Located at 515 Carpenter St, Akron, OH 44310
  • North Side Akron location north of the University of Akron

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hair Salon Skin Care Clinic Building Supply

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

40
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

534
Businesses Nearby

Demographics for 44310, OH

24,984
Population
11,074
Households
2.3
Avg Household Size
35
Median Age
14%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
4,030
Density / Sq Mi
$38,912
Median Household Income
$32,593
Median Earnings
$925
Median Rent
$91,400
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 - North Akron property offers a varied unit mix near the University of Akron and Interstate 77.
Where is this apartment building located?
The property is located at 515 Carpenter St Akron, OH.
What are key features of this property?
This property features: 40‑unit apartment complex with 28 one‑bedroom, 10 two‑bedroom, one three‑bedroom, and one studio unit; Located at 515 Carpenter St, Akron, OH 44310; North Side Akron location north of the University of Akron
More about this property
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