Duplex with
New
For Sale
$154,900
672-674 Bettes Avenue, Akron, OH 44310
The property includes a gravel driveway, balcony, and electric forced-air system.
Property Size1,440 SF
Price / SF$107.57
Days on Market2
Property Features for 672-674 Bettes Avenue
General Information
Standard status
Active
Size
1,440 SF
Property subtype
Residential Income
Site & Location
Neighborhood
Chapel Hill
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$1,990
Amenities
Wall/Window Unit(s)
Electric, Forced Air
Disposal, Range, Refrigerator
Driveway, Gravel, Unpaved
Balcony
Building Details
Year Built
1966
Buildings
1
Stories
2
Listing Agency:
The Agency Cleveland Northcoast
Listed By:
Amanda Carter · License #2017003189
(330) 990-8405
Source:
Evrealestate
Added: Oct 24
Last Checked: Oct 24 at 2:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Agency Cleveland Northcoast
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1966, this duplex at 672-674 Bettes Avenue in Akron, Ohio, has 1,440 square feet of property area. Interior features include wall/window units, electric forced-air service, and a kitchen equipped with a disposal, range, and refrigerator. A balcony and gravel, unpaved driveway are among the exterior features.
Key Highlights
- 1,440 square feet of property area
- Built in 1966
- Balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,187
Cap Rate
8.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,740
$263.7K
Cap Rate 7%
$188,386
$188.4K
Cap Rate 9%
$146,522
$146.5K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$19.9K $13.80/SF
− Vacancy
−$1.0K −$0.72/SF
EGI
$18.8K $13.08/SF
− OpEx
−$5.7K −$3.92/SF
NOI
$13.2K $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%
$263,740
Cap Rate 7%
$188,386
Cap Rate 9%
$146,522
Alternative Uses
Best Use
Multifamily LT 5
$188.4K
$164.8K – $219.8K
NOI $13,187 @ 7.0% cap · market cap 8.51%
Second Best
Apartment 5plus
$164.9K
$144.3K – $192.4K
NOI $11,545 @ 7.0% cap · market cap 7.45%
Theoretical Best
Office A
$353.4K
$309.2K – $412.3K
NOI $24,737 @ 7.0% cap · market cap 15.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
541
Businesses Nearby
Explore this area
Business Placement
Demographics for 44310, OH
24,984
Population
11,074
Households
2.3
Avg Household Size
35
Median Age
14%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
4,030
Density / Sq Mi
$38,912
Median Household Income
$32,593
Median Earnings
$925
Median Rent
$91,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - The property includes a gravel driveway, balcony, and electric forced-air system.
Where is this duplex located?
The property is located at 672-674 Bettes Avenue Akron, OH.
What is the asking price?
The asking price for this property is $154,900.
What are key features of this property?
This property features: 1,440 square feet of property area; Built in 1966; Balcony
