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Property profile & analytics
OFF-MARKET
Estimated value
$595,000
Residential income homes
160 Walnut Ter 166, Akron, OH 44303-2342
Entity Owned
4-yr Hold
Property ID
US66-2798698
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1915
Construction
FRAME
Total area
5,544 SF
Lot
0.17 ac (7,492 SF)
APN
67-48600
UPID
US66-2798698
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$540k
CAP Approach
CAP
$780k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$595k
Owner & transaction history
Midway Apartments LLC · 4 yrs held
Midway Apartments LLC
since 2022
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$605,000
+60.2%
Restaurant
$590,000
+55.9%
Auto repair, garage
$555,000
+46.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Akron submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Akron submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$635,000
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
$845,000
6.5%
$780,000
7%
$725,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$375,000
Current use
MEDICAL BUILDING
$605,000
Change: +60% · Conversion: Moderate
RESTAURANT
$590,000
Change: +56% · Conversion: Difficult
AUTO REPAIR, GARAGE
$555,000
Change: +47% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$520,000
Change: +37% · Conversion: Difficult
OFFICE BUILDING
$445,000
Change: +18% · Conversion: Moderate
COMMERCIAL (GENERAL)
$370,000
Change: -2% · Conversion: Moderate
Blend value · Realmo final
$595k
Range $536k – $655k · ±10% · vs last sale $600k (Apr 1 2022)
Last sale anchor
$600k
Apr 1 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$107 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,485
Tax year 2023
Assessed value
$28,990
Assessed 2023
Previous assessed
$28,990
+0.0% YoY
Effective rate
8.57%
On assessed value
Assessed land
$12,430
Assessed improvement
$16,560
Land market value
$35,510
Improvement market value
$47,300
Total market value
$82,810
Applied tax rate
67.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1915
Construction
FRAME
Heating
FORCED AIR
Cooling
NONE
Stories
2
Units
4
Bathrooms
4
Total area
5,544 SF
Lot
0.17 ac (7,492 SF)
APN
67-48600
UPID
US66-2798698
Jurisdiction
SUMMIT
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$375,000
MEDICAL BUILDING
Est. value
$605,000
RESTAURANT
Est. value
$590,000
AUTO REPAIR, GARAGE
Est. value
$555,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$520,000
OFFICE BUILDING
Est. value
$445,000
COMMERCIAL (GENERAL)
Est. value
$370,000
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1915
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
4
Bathrooms
4
Lot
0.17 ac
Current owner
From public records · entity-resolved
Midway Apartments LLC
Entity
Mailing address
159 WALNUT TER #165, AKRON, OH 44303-2341
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2022
$600,000
Midway Apartments LLC
Malivuk Properties LLC
Warranty Deed
$456,000 · First National Bank Of Pennsylvania
Jan 9, 2020
—
Malivuk Properties LLC
Danka Malivuk
Quit Claim Deed
related
—
Oct 25, 2019
$217,800
Danka Malivuk
Lorenzos Rubber City Prop LLC
Warranty Deed
$174,240 · Futuregen LLC
Jan 3, 2011
$105,000
Lorenzos Rubber City Props Ll
Ib Property Holdings LLC
Grant Deed
—
Sep 2, 2010
$233,334
Ib Property Holdings LLC
Sheriff Of Summit County
Trustees Deed
related
—
Jun 19, 2006
$365,000
Roger M Harper
Koerner,frederick P
Grant Deed
—
Dec 10, 1999
$214,000
Frederick P Koerner
Kirk,alan H & Tracey C
Grant Deed
—
—
—
Alan H Kirk
—
Deed Of Trust
related
$100,000 · National City Bank
—
—
Alan H Kirk
—
Deed Of Trust
related
$100,000 · National City Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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