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    Property profile & analytics

    281 Lloyd St Akron, OH 44301

    • Residential income homes
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US66-1350760
    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

    • Residential income homes

    Property Details for 281 Lloyd St

    Property type
    Residential income homes

    Description

    This exceptional investment opportunity presents a four-bedroom boarding house located at 281 Lloyd St, Akron, OH 44301, in Summit County. The property is classified as a Class B multifamily building and is currently generating a monthly rental income of $1,509. However, with strategic management and potential lease adjustments, the monthly rental income could significantly increase to an estimated $2,055. The property's current monthly utility expenses are $360. This represents a substantial potential for increased cash flow and return on investment. The asking price for this Akron, Ohio property is $90,000. This presents a compelling opportunity for investors seeking a strong return in a stable market. The property's location in Akron offers convenient access to local amenities and transportation networks. Serious inquiries are encouraged to explore this promising investment prospect further. Detailed financial statements and property information 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
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.538807386556
    Latitude
    41.053416909139

    Comparable in this City

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      Akron Office & Storage Complex

      Prime Akron investment: Office & storage.
      148 Miller Ave, Akron, OH 44301
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    • $235,000
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      Akron Industrial Flex Space Available

      Industrial/flex space with high traffic, accessibility, and multiple uses.
      2035 South Main St, Akron, OH 44301
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    • $450,000
      13,141 SF

      Multi-Tenant Office and Storage Building

      Two-story office building with storage units near I-76.
      148 East Miller Ave, Akron, OH 44301
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    Similar Nearby for Sale

    • $205,000
      2,210 SF

      Renovated Duplex on Corner Lot

      Fully renovated duplex in Akron with strong rental income.
      126 E Mapledale Ave, Akron, OH 44301
      View Details
    • New
      $70,000
      Pending

      Akron Duplex: Investment Opportunity

      Two-unit duplex near Downtown Akron and Firestone Park.
      1419 S Main St, Akron, OH 44301
      View Details
    • $150,000
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      Akron Retail Space: Prime Location

      Thriving business, high-growth potential.
      1501 Aster Ave, Akron, OH 44301
      View Details
    • $755,556
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      Retail Property with Long-Term Tenant

      Retail property with a corporately guaranteed lease and renewal options.
      1750 S Main St, Akron, OH 44301
      View Details
    • $235,000
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      Akron Industrial Flex Space Available

      Industrial/flex space with high traffic, accessibility, and multiple uses.
      2035 South Main St, Akron, OH 44301
      View Details
    • $450,000
      13,141 SF

      Multi-Tenant Office and Storage Building

      Two-story office building with storage units near I-76.
      148 East Miller Ave, Akron, OH 44301
      View Details

    Similar Nearby for Lease

    • $13 SF/Yr
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      Akron Office Space For Rent

      Office space available near downtown Akron and major highways.
      1180 S Main St, Akron, OH 44301
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    • $5 SF/Yr
      400,000 SF

      Akron Warehouse with Rail Access

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      Versatile Warehouse/Office/Retail Space Available

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      1495 S Main St, Akron, OH 44301
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    • $1,500 /Mo
      5,401 SF

      Remodeled Commercial Building in Akron

      Remodeled 1,800 sqft commercial building with modern amenities and functionality.
      1152 Grant St, Akron, OH 44301
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    • Contact for pricing
      10,067 SF

      Industrial Space Available For Lease

      Industrial property available for lease in Akron, Ohio.
      1450-1500 Firestone Pkwy, Akron, OH 44301
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    • $3 SF/Yr
      32,864 SF

      Industrial Warehouse Near Downtown Akron

      32,864 SF industrial warehouse with easy highway access.
      1210 Sweitzer Ave, Akron, OH 44301
      View Details
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    281 Lloyd St
    Akron, OH 44301
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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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