543 Kling Street Akron, OH 44311
MULTI_FAMILY - Akron, OH
Property Features for 543 Kling Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 5, Basement, Bathroom 3, Bathroom 1, Laundry Room, Bathroom 2, Bedroom 1
- Parking features
- Driveway, Parking Lot
- Standard status
- Active
- APN
- 6710765
- Size
- 1,952 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- VORIS LOT 200 NE CORCROSS ST
- Tax Annual Amount
- 2302
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1911
- Floors in Building
- 3
- Building materials
- WoodSiding
- Roof type
- Asbestos Shingle
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.
The property is described as a high-performing, turn-key investment. Tenants pay all utilities. The package totals two triplexes plus the adjoining private parking lot.
The listing notes an estimated annual rental income of approximately $54,000, with $27,000 attributed to 543 Kling Street and $27,000 attributed to 539 Kling Street. The overall property footprint is listed as 1,952 square feet, and the lot size is listed as 0.0828 acres.
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 | $26.9k | $13.80 |
| − Vacancy | −$1.4k | −$0.72 |
| EGI | $25.5k | $13.08 |
| − OpEx | −$7.7k | −$3.92 |
| NOI | $17.9k | $9.16 |
