Triplex with Private
For Sale
$199,900
539 Kling Street, Akron, OH 44311
ResidentialIncome, Akron, OH
Property Size1,418 SF
Lot Size0.08 Acres
Price / SF$140.97
Days on Market95
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Property Features for 539 Kling Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Laundry Room, Bedroom 3, Bathroom 1, Bathroom 2, Basement, Bedroom 2, Bedroom 1, Bedroom 4
Parking features
Oversize, Driveway, Alley
Subdivision
Voris
Lot features
City Lot
View
City
Elementary school district
Akron CSD - 7701
Middle school district
Akron CSD - 7701
High school district
Akron CSD - 7701
Directions
E. Exchange turn right onto Kling. Property will be on the right.
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
Legal Description
VORIS LOT 200 M W PT44.20FT ON KLING CROSS ST
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Wall Unit(s), Window Unit(s)
Water source
Public
Amenities
private parking
Building Details
Year built
1905
Floors in Building
3
Building materials
WoodSiding
Roof type
Asphalt, Fiberglass
Listing Agency:
Keller Williams Chervenic Rlty · Keller Williams Realty
(330) 686-1644
Listed By:
Jodi L Mignano · License #2005004349
(330) 338-9047
Added: Jul 13
Changed: Sep 12
Last Checked: Oct 15 at 6:06PM
MLS# 5226435
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 three-unit residential property at 539 Kling Street contains 1,418 square feet and was constructed in 1905. The layout includes four bedrooms, three bathrooms, a laundry room, and a basement. Wood siding, asphalt and fiberglass roofing, forced-air heating, and wall and window cooling units are among the documented improvements.
The property occupies 0.0838 acres in Akron’s 44311 ZIP code. Parking features include an alley, driveway, and oversized parking area. Public water and public sewer serve the property, while the site is identified with an additional parcel behind the property that provides private parking. The property is offered for sale and is located near the University of Akron, the Zip Strip, restaurants, and other campus conveniences.
The property occupies 0.0838 acres in Akron’s 44311 ZIP code. Parking features include an alley, driveway, and oversized parking area. Public water and public sewer serve the property, while the site is identified with an additional parcel behind the property that provides private parking. The property is offered for sale and is located near the University of Akron, the Zip Strip, restaurants, and other campus conveniences.
Key Highlights
- Three‑unit property with 1,418 square feet
- Four bedrooms and three bathrooms
- Private parking parcel behind the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,986
Cap Rate
6.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$259,720
$259.7K
Cap Rate 7%
$185,514
$185.5K
Cap Rate 9%
$144,289
$144.3K
Market Conditions
NOI Build-Up for 1,418 SF
Gross rent
$19.6K $13.80/SF
− Vacancy
−$1.0K −$0.72/SF
EGI
$18.6K $13.08/SF
− OpEx
−$5.6K −$3.92/SF
NOI
$13.0K $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%
$259,720
Cap Rate 7%
$185,514
Cap Rate 9%
$144,289
Alternative Uses
Best Use
Multifamily LT 5
$185.5K
$162.3K – $216.4K
NOI $12,986 @ 7.0% cap · market cap 6.50%
Second Best
Apartment 5plus
$162.4K
$142.1K – $189.5K
NOI $11,368 @ 7.0% cap · market cap 5.69%
Theoretical Best
Office A
$348.0K
$304.5K – $406.0K
NOI $24,359 @ 7.0% cap · market cap 12.19%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,018
Businesses Nearby
Explore this area
Business Placement
Demographics for 44311, OH
6,993
Population
3,400
Households
2.1
Avg Household Size
28
Median Age
10%
College-Educated
79%
High-School Grad
1.9 sq mi
ZIP Area
3,681
Density / Sq Mi
$23,857
Median Household Income
$14,953
Median Earnings
$790
Median Rent
$64,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit residential property with public utilities, forced-air heating, and a mix of wall and window cooling units.
Where is this triplex located?
The property is located at 539 Kling Street Akron, OH.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Three‑unit property with 1,418 square feet; Four bedrooms and three bathrooms; Private parking parcel behind the property
