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4-Unit Multifamily Building

847 Jason Avenue, Akron, OH 44314

For Sale
$225,000

All four residences are occupied and currently produce rental income.

Property SizeContact for details
Days on Market13

Property Features for 847 Jason Avenue

General Information

Standard status Active
Occupancy 100%

Site & Location

Neighborhood Kenmore
Highway Access Yes

Additional Details

Multifamily Units 4
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $1,584

Amenities

true
0.101
Assessor

Building Details

Year Built 1927
Listing Agency:
Listed By: Patrick Lucey
Source: Karenullomrealty
Added: Oct 26 Changed: Nov 7 Last Checked: Nov 7 at 12:22PM

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 Patrick Lucey

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Investment Insights

Based on property information with market context.

Built in 1927, this four-unit multifamily property has all residences occupied and generating rental income. The property is located at 847 Jason Avenue in Akron, Ohio.

Key Highlights

  • Four units, all currently occupied
  • Rental income is being generated by the occupied units
  • Built in 1927

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

162
Businesses Nearby

Demographics for 44314, OH

17,686
Population
9,085
Households
1.9
Avg Household Size
39
Median Age
12%
College-Educated
87%
High-School Grad
4.4 sq mi
ZIP Area
4,020
Density / Sq Mi
$47,358
Median Household Income
$31,481
Median Earnings
$924
Median Rent
$83,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - All four residences are occupied and currently produce rental income.
Where is this quadplex located?
The property is located at 847 Jason Avenue Akron, OH.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Four units, all currently occupied; Rental income is being generated by the occupied units; Built in 1927
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