Akron Triplex with Garage

61 Leicester Drive, Akron, OH 44319

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Pending

$259,000

MULTI_FAMILY - Akron, OH

Property size:

2,000 SF

Lot size:

0.23 Acres

HighLights

Excellent Location: Situated on a quiet, dead‑end street in a desirable residential neighborhood.
Solid All‑Brick Exterior: Durable and low‑maintenance construction.
Ample Parking: Includes a 2‑car garage and a large concrete driveway.
Triplex with Separate Utilities: Offering individual control for each unit with three separate electrical boxes and gas meters.
Updated Features: Enjoy vinyl windows, leaf guards, and a one‑layer roof.
No Lease Commitments: Select your own tenants.

We can help!

Listing Contact

Carol Garretson

Pending

$259,000

MULTI_FAMILY - Akron, OH

Property size:

2,000 SF

Lot size:

0.23 Acres

Added:: Sep 21, 2025
Days on Market:: 264
Last Refresh:: Jun 11 at 11:06 pm

Property Features for 61 Leicester Drive

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 4
Bathrooms: 3
Rooms: Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 3, Laundry Room, Basement, Bedroom 2, Bathroom 2
Parking features: Garage, Open, Off Street
Window features: Screens
Interior features: CeilingFans, Pantry
Exterior features: Awnings
Appliances: BuiltInOven, Dishwasher, Microwave, Range, Refrigerator
Standard status: Pending
APN: 1910316
Size: 2,000 SF
Lot size: 0.23 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Description: LAKEWOOD HTS LOTS 356 N 12 FT 354 S 12 FT 355 ALL
Tax Annual Amount: 5504

Utilities

Sewer type: Public Sewer
Heating system: Forced Air, Natural Gas
Cooling system: Separate Meters, Central Air
Water source: Well

Building Details

Year built: 1958
Floors in Building: 2
Building materials: Brick
Roof type: Asphalt

We can help!

Listing Contact

Carol Garretson

Listing agent Carol Garretson License #391804

Listing office Keller Williams Chervenic Rlty 3333 Massillon Rd Suite #10, Stow, OH

Listing date Sep 21, 2025

MLS# 5158613 Listing URL

HighLights

Excellent Location: Situated on a quiet, dead‑end street in a desirable residential neighborhood.
Solid All‑Brick Exterior: Durable and low‑maintenance construction.
Ample Parking: Includes a 2‑car garage and a large concrete driveway.
Triplex with Separate Utilities: Offering individual control for each unit with three separate electrical boxes and gas meters.
Updated Features: Enjoy vinyl windows, leaf guards, and a one‑layer roof.
No Lease Commitments: Select your own tenants.

Overview

This triplex, situated in a quiet residential neighborhood, features an all-brick exterior and a two-car garage measuring 22x24 feet, complemented by a large concrete driveway providing ample off-road parking for tenants. The property includes five exterior doors, vinyl windows offering pleasant views, updated leaf guards, and a single-layer roof. The building has a tall, 12-course basement and a steel beam in the garage, along with a fenced backyard. The property is equipped with three separate electrical boxes, three gas meters, and three furnaces, as well as two central air units and an owned water softener. The kitchens are equipped with three oven-stoves, two refrigerators, two dishwashers, two microwaves, and double sinks. The triplex consists of one two-bedroom apartment and two one-bedroom apartments, all sharing a large laundry area. Three glass block windows are installed in wise areas. Constructed in 1958, the building appears to be of sturdy, solid construction. It utilizes gas heat and city sewer, with well water. Located on a popular dead-end street, the property offers potential for long-term tenants with new flooring and paint. There are no lease commitments, allowing for tenant selection. The property has three new hot water heaters installed on 10/8/25 and is being sold AS IS. The lot size is 0.2267 acres, and the property size is 2000 square feet.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$27.6k	$13.80
− Vacancy	−$1.4k	−$0.72
EGI	$26.2k	$13.08
− OpEx	−$7.8k	−$3.92
NOI	$18.3k	$9.16

2,000 SF · lease $13.80/SF/yr · vacancy 5.20% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$261.6K

$228.9K – $305.3K (±1% cap)

NOI $18,315 @ 7.0% cap · market cap 7.07%

Second Best

Apartment 5plus

$229.1K

$200.4K – $267.2K (±1% cap)

NOI $16,034 @ 7.0% cap · market cap 6.19%

Theoretical Best

Office A

$490.8K

$429.5K – $572.6K (±1% cap)

NOI $34,357 @ 7.0% cap · market cap 13.27%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

Map
Local Demand

City: Akron
County: Summit
State: Ohio
Longitude: -81.522006
Latitude: 41.003575

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For sale
Triplexes
OH
Akron
44319
61 Leicester Drive

What type of property is this?

Triplex - Triplex in quiet neighborhood with garage and ample parking.

Where is this triplex located?

The property is located at 61 Leicester Drive Akron, OH.

What is the asking price?

The asking price for this property is $259,000.

What are key features of this property?

This property features: Excellent Location: Situated on a quiet, dead‑end street in a desirable residential neighborhood.; Solid All‑Brick Exterior: Durable and low‑maintenance construction.; Ample Parking: Includes a 2‑car garage and a large concrete driveway.

61 Leicester Drive, Akron, OH 44319

MULTI_FAMILY - Akron, OH

Property Features for 61 Leicester Drive

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Mixed-Use Building in East Market

Three-Unit Triplex with Private Parking

Turnkey Restaurant with Expansion Potential

Well-Maintained Akron Three-Unit Building

Updated Duplex with Two-Car Garages

Luxury Duplex with Income Potential

Corner Retail and Restaurant Building

Updated Duplex in Portage Lakes

Akron Brick Triplex with Garage

Two-Duplex Rental Bundle

Renovated Duplex with Separate Utilities

Updated Akron Duplex Investment Opportunity

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