539 Kling Street Akron, OH 44311
MULTI_FAMILY - Akron, OH
- Added:
- Jul 13, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 14 at 12:06 pm
Property Features for 539 Kling Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bedroom 4, Basement, Bedroom 2, Bathroom 2, Bathroom 3, Bathroom 1, Laundry Room, Bedroom 3
- Parking features
- Alley, Oversize, Driveway
- Standard status
- Active
- APN
- 6727755
- Size
- 1,418 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- VORIS LOT 200 M W PT44.20FT ON KLING CROSS ST
- Tax Annual Amount
- 2021
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Window Unit(s), Wall Unit(s)
- Water source
- Public
Building Details
- Year built
- 1905
- Floors in Building
- 3
- Building materials
- WoodSiding
- Roof type
- Fiberglass, Asphalt
Listing agent Jodi L Mignano License #2005004349 (330) 338-9047
Listing office Keller Williams Chervenic Rlty 3589 Darrow Rd, Stow, OH (330) 686-1644
Listing date Jul 13, 2026
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.
Tenants pay all utilities. The offering is positioned within a short walk of the University of Akron, the Zip Strip, and nearby restaurants and campus conveniences. The estimated annual rental income is approximately $54,000, split between the two triplexes at roughly $27,000 each.
Key Highlights
- Purchase requirement: 539 Kling Street must be bought with 543 Kling Street (MLS#5226431)
- Package includes two triplexes plus an adjoining parking lot with a private parking parcel behind both properties
- Estimated annual rental income is approximately $54,000 total ($27,000 from 539 Kling Street and $27,000 from 543 Kling Street)
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.6k | $13.80 |
| − Vacancy | −$1.0k | −$0.72 |
| EGI | $18.6k | $13.08 |
| − OpEx | −$5.6k | −$3.92 |
| NOI | $13.0k | $9.16 |
