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    Property profile & analytics

    617 Water St Kent, OH 44240-2446

    • Apartment buildings
    • 2,908 SF
    • 0.12 lot acres
    OFF-MARKET
    Value Estimation
    $145,000
    Last Sale
    Apr 29, 2022
    $185,000
    Location Intelligence
    Property ID
    US66-0866647
    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

    • Apartment buildings

    Property Details for 617 Water St

    Year built
    1900
    Construction
    FRAME
    Lot size
    0.12 lot acres
    Property size
    2,908 SF
    Property type
    Apartment buildings
    APN
    17-031-22-00-210
    APU
    170312200210

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kent
    County
    Portage
    State
    Ohio
    Longitude
    -81.3579
    Latitude
    41.1586
    CBSA code
    10420
    CBSA name
    AKRON, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,404
    $9,170
    $39,130
    $48,300
    -
    $26,200
    $111,800
    $138,000

    Comparable in this City

    • Value Estimation
      $160,000
      2,724 SF

      141 Lk St

      APARTMENT HOUSE (5+ UNITS) • 2,724 SF
      141 Lk St, Kent, OH 44240-2412
      View Details
    • Value Estimation
      $305,000
      2,558 SF

      244 Main St

      APARTMENT HOUSE (5+ UNITS) • 2,558 SF
      244 Main St, Kent, OH 44240-2583
      View Details
    • Value Estimation
      $1,285,000
      1,792 SF

      2509 Meloy Rd

      APARTMENT HOUSE (5+ UNITS) • 1,792 SF
      2509 Meloy Rd, Kent, OH 44240-7026
      View Details
    • Value Estimation
      $260,000
      1,848 SF

      1620 Olympus Dr

      APARTMENT HOUSE (5+ UNITS) • 1,848 SF
      1620 Olympus Dr, Kent, OH 44240-4632
      View Details
    • Value Estimation
      $325,000
      2,736 SF

      1600 Athena Dr

      APARTMENT HOUSE (5+ UNITS) • 2,736 SF
      1600 Athena Dr, Kent, OH 44240-7700
      View Details
    • Value Estimation
      $205,000
      5,889 SF

      414 Smt St

      APARTMENT HOUSE (5+ UNITS) • 5,889 SF
      414 Smt St, Kent, OH 44240-3691
      View Details

    Similar Nearby for Sale

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      Spacious duplex near Kent State University, ideal for investors.
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      Kent Mixed-Use Redevelopment Opportunity

      High-traffic corner, 6 units, redevelopment potential
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    Similar Nearby for Lease

    • Contact for pricing
      1,432 SF

      Kent Office Space For Rent

      Office space available at signalized corner in Kent, Ohio.
      5138 State Route 43, Kent, OH 44240
      View Details
    • $10 SF/Yr
      8,498 SF

      Open Retail Space Available

      Retail space with restrooms, storage, and janitorial area.
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      Kent Acme Plaza Retail Pad

      High-visibility retail pad, prime location.
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      Mixed-Use Development in Kent, OH

      Mixed-use development with retail, restaurants, hotel, office, and residential.
      220 S Depeyster St, Kent, OH 44240
      View Details
    • Contact for pricing
      3,000 SF

      Office Buildings on State Route

      Two office buildings with vacancies on a high-traffic road.
      1949-1951 State Route 59, Kent, OH 44240
      View Details
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    617 Water St
    Kent, OH 44240-2446
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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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