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Quadplex with Private Balconies
For Sale
$220,000

555 Bishop Street, Akron, OH 44307

MULTI_FAMILY - Akron, OH

Property Size8,316 SF
Lot Size0.06 Acres
Price / SF$26.46
Days on Market47

Property Features for 555 Bishop Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bedroom 8, Bedroom 3, Bedroom 2, Bedroom 1, Basement, Bedroom 5, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 4, Bedroom 7, Bedroom 6
Parking features On Street, Alley
Interior features CeilingFans
Exterior features Balcony, Dock
Appliances Range, Refrigerator
Subdivision Perkins Brockway
View City
Elementary school district Akron CSD - 7701
Middle school district Akron CSD - 7701
High school district Akron CSD - 7701
Directions Rand Ave to Monroe St. Turn Right on Rhodes Ave. left onto Bishop St.
Special listing conditions In Foreclosure
Standard status Active
APN 6745513
Size 8,316 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description P BLK 49 LOT 1 N 43.69FT OF W 63FT
Tax Annual Amount 2179
Legal Description P BLK 49 LOT 1 N 43.69FT OF W 63FT

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1920
Floors in Building 2
Building materials VinylSiding
Roof type Flat
Listing Agency: Berkshire Hathaway HomeServices Simon & Salhany Realty
Listed By: William Sun · License #2016001565
Added: Jun 24 Changed: Aug 4 Last Checked: Aug 9 at 10:06PM
MLS# 5220676

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 quadplex offers four identical apartment units, each with two bedrooms, one bathroom, a kitchen, and a private balcony. The building includes a basement, with interior features that list ceiling fans. Heating is natural gas, and appliances include a range and refrigerator. Exterior materials are vinyl siding, and the property lists a flat roof, plus dock and balcony features.

The owner pays for trash and the hallway light, while water and other utilities are the tenant’s responsibility. The property has public water and public sewer, and parking is listed as alley and on-street.

Built in 1920 on a 0.0636-acre lot, the property size is recorded as 8,316 square feet. The location description notes right access from the Akron Zoo, with the surrounding area described as new development housing.

Key Highlights

  • Four identical units with two bedrooms and one bath plus a kitchen and balcony
  • Owner pays trash and the hallway light; tenants handle water and other utilities
  • Built in 1920 with 8,316 square feet on a 0.0636‑acre lot

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Hair Salon Electrical Service Kitchen & Bath Showroom Bakery

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,962
Businesses Nearby

Demographics for 44307, OH

6,959
Population
3,488
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
87%
High-School Grad
2.0 sq mi
ZIP Area
3,480
Density / Sq Mi
$28,802
Median Household Income
$25,668
Median Earnings
$802
Median Rent
$75,700
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?
Quadplex - Four-unit quadplex built in 1920 with two-bedroom, one-bath apartments and public utilities.
Where is this quadplex located?
The property is located at 555 Bishop Street Akron, OH.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Four identical units with two bedrooms and one bath plus a kitchen and balcony; Owner pays trash and the hallway light; tenants handle water and other utilities; Built in 1920 with 8,316 square feet on a 0.0636‑acre lot
More about this property
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