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    Property profile & analytics

    246 5Th St Barberton, OH 44203

    • Commercial real estate
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US66-1536382
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 246 5Th St

    Property type
    Commercial real estate

    Description

    This fully leased, seven-unit apartment building at 246 5th Street NW, Barberton, Ohio, presents a compelling investment opportunity. The property, situated on a 0.26-acre lot and built in 1900, offers a total of 3,187 square feet of living space. Each of the seven units features one bedroom and one bathroom, with approximate sizes of 500 square feet, except for one unit at 375 square feet. All units have undergone recent renovations, boasting beautifully decorated kitchens, updated bath fixtures, new flooring, fresh paint, and modern appliances. The building provides uncovered parking. Individual gas and electric meters ensure efficient utility management for both tenants and the owner. Tenants are responsible for gas (heat and stove) and electricity, while the owner covers water, sewer, trash, and gas hot water. All units benefit from energy-efficient windows. The property's proximity to Lake Anna adds to its appeal. The asking price is $425,000, translating to approximately $60,714 per unit. The 2024 annual real estate taxes are estimated at $3,446.30. This well-maintained multifamily property offers a strong potential return on investment. Further details are available upon request.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Barberton
    County
    Summit
    State
    Ohio
    Longitude
    -81.61158
    Latitude
    41.0173201

    Comparable in this City

    • $259,000

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    • $800,000
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      Downtown Barberton Historic Building

      Historic building with development potential in downtown Barberton, Ohio.
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    • $229,000
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      Mixed-Use Building with Income Potential

      Income-producing mixed-use building with restaurant/bar and apartments.
      861 Wooster Rd W, Barberton, OH 44203
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    • Contact for pricing
      0.06 Acres

      Barberton Mixed-Use Investment Opportunity

      Versatile property in Barberton's historic district with retail and residential spaces.
      128 2Nd St NW, Barberton, OH 44203
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    • $84,900
      Pending

      Barberton Duplex with Updated Kitchen

      Barberton duplex featuring updated kitchens, separate entrances, and ample storage.
      673 Wooster Rd W, Barberton, OH 44203
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    • $149,000
      3,840 SF

      Versatile Commercial Building in Barberton

      3,840 SF commercial building with retail and residential potential.
      208 2Nd St Northwest, Barberton, OH 44203
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    Similar Nearby for Sale

    • $259,000

      Mixed-Use Building in Barberton, OH

      5,000 SF mixed-use building with retail and apartment.
      545 W Tuscarawas Ave, Barberton, OH 44203
      View Details
    • $800,000
      55,000 SF

      Downtown Barberton Historic Building

      Historic building with development potential in downtown Barberton, Ohio.
      554-568 W Tuscarawas Ave, Barberton, OH 44203
      View Details
    • $84,900
      Pending

      Barberton Duplex with Updated Kitchen

      Barberton duplex featuring updated kitchens, separate entrances, and ample storage.
      673 Wooster Rd W, Barberton, OH 44203
      View Details
    • $149,000
      3,840 SF

      Versatile Commercial Building in Barberton

      3,840 SF commercial building with retail and residential potential.
      208 2Nd St Northwest, Barberton, OH 44203
      View Details
    • $75,000
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      Tenant-Occupied Barberton Triplex Investment

      Tenant-occupied triplex with income potential in a convenient location.
      651 Wooster Rd W, Barberton, OH 44203
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    • $190,000
      2,502 SF

      Fully Occupied Barberton Triplex

      Triplex in Barberton, generating $3000 monthly, leased through 2026.
      173 21St St NW, Barberton, OH 44203
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    Similar Nearby for Lease

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      168,859 SF

      Norton Plaza Retail Center

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      Columbia Woods Medical Office Space

      Prime Norton, OH medical office space available.
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    • $12 SF/Yr
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      Barberton Retail Space For Lease

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      Barberton Medical Office Space

      Modern Office, 2883 SF Available
      169 5Th St, Barberton, OH 44203
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    • $1.00 SF/Yr
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      Industrial Land For Lease

      Approximately 3 acres of industrial land available for lease.
      20 S Van Buren Ave, Barberton, OH 44203
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    • $1,100 /Mo
      88,862 SF

      Flex/Warehouse Space Near Highways

      Newer flex/warehouse/storage space near I-77 and I-76.
      2476 Heritage Pkwy, Norton, OH 44203
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    246 5Th St
    Barberton, OH 44203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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