Remodeled Duplex with Two 1BR
New
For Sale
$167,500
802 S Jenkins Boulevard, Akron, OH 44306
MULTI_FAMILY - Akron, OH
Property Size1,242 SF
Lot Size0.16 Acres
Price / SF$134.86
Days on Market6
Property Features for 802 S Jenkins Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1
Parking features
Garage
Subdivision
Scenic Park Estates
Elementary school district
Akron CSD - 7701
Middle school district
Akron CSD - 7701
High school district
Akron CSD - 7701
Directions
Off Virginia Ave
Standard status
Active
APN
6744556
Size
1,242 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SCENIC PARK ESTATES LOT 6 ALL
Tax Annual Amount
2316
Legal Description
SCENIC PARK ESTATES LOT 6 ALL
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Building Details
Year built
1964
Floors in Building
2
Building materials
WoodSiding
Roof type
Asphalt, Fiberglass
Listing Agency:
Ohio Broker Direct
(614) 989-7215
Listed By:
Joan Elflein · License #386319
(614) 989-7215
Added: Jul 31
Changed: Aug 1
Last Checked: Aug 5 at 4:06AM
MLS# 5232864
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.
802 S. Jenkins is a fully remodeled duplex offered as a two-unit property. Both units feature a one bedroom, one bath layout with approximately 621 square feet each, including a dining room, living room, and kitchen. Each unit also includes a one-car garage with washer and dryer hookups, and the building is heated by forced hot air along with wall AC units. The duplex totals approximately 1,242 square feet and is separately metered.
The property was built in 1964 and sits on a 0.1591-acre lot. Recent improvements include a new roof (2026), gutters, windows, appliances, and interior cosmetic upgrades. The roof is asphalt with fiberglass, and water and sewer services are public. Tenants are on month-to-month leases and the property is currently at 100 percent occupancy. Tenants are responsible for gas, electric, water, sewer, and trash, while the landlord pays real estate taxes, building insurance, and landscaping.
Each unit has dedicated utilities due to separate metering, supporting flexible occupancy and future rent adjustments.
The property was built in 1964 and sits on a 0.1591-acre lot. Recent improvements include a new roof (2026), gutters, windows, appliances, and interior cosmetic upgrades. The roof is asphalt with fiberglass, and water and sewer services are public. Tenants are on month-to-month leases and the property is currently at 100 percent occupancy. Tenants are responsible for gas, electric, water, sewer, and trash, while the landlord pays real estate taxes, building insurance, and landscaping.
Each unit has dedicated utilities due to separate metering, supporting flexible occupancy and future rent adjustments.
Key Highlights
- Two‑unit duplex, each unit a 1 bed / 1 bath with dining, living, and kitchen space
- Approximately 1,242 SF total; 100% occupancy with both tenants on month‑to‑month leases
- Separately metered utilities; tenants pay gas, electric, water, sewer, and trash
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 | $17.1k | $13.80 |
| − Vacancy | −$891 | −$0.72 |
| EGI | $16.2k | $13.08 |
| − OpEx | −$4.9k | −$3.92 |
| NOI | $11.4k | $9.16 |
1,242 SF · lease $13.80/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$162.5K
$142.2K – $189.6K
NOI $11,374 @ 7.0% cap · market cap 6.79%
Second Best
Apartment 5plus
$142.2K
$124.5K – $166.0K
NOI $9,957 @ 7.0% cap · market cap 5.94%
Theoretical Best
Office A
$304.8K
$266.7K – $355.6K
NOI $21,336 @ 7.0% cap · market cap 12.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
469
Businesses Nearby
Explore this area
Business Placement
Demographics for 44306, OH
21,085
Population
10,424
Households
2
Avg Household Size
34
Median Age
9%
College-Educated
86%
High-School Grad
8.3 sq mi
ZIP Area
2,540
Density / Sq Mi
$41,105
Median Household Income
$30,481
Median Earnings
$901
Median Rent
$77,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully remodeled two-unit duplex with separate meters and garage parking, 100% occupied on month-to-month leases.
Where is this duplex located?
The property is located at 802 S Jenkins Boulevard Akron, OH.
What is the asking price?
The asking price for this property is $167,500.
What are key features of this property?
This property features: Two‑unit duplex, each unit a 1 bed / 1 bath with dining, living, and kitchen space; Approximately 1,242 SF total; 100% occupancy with both tenants on month‑to‑month leases; Separately metered utilities; tenants pay gas, electric, water, sewer, and trash
