$482,500/mo

598 Blaine Avenue, Akron, OH 44310

  • Property Icon Rental
  • Property Year Built Icon Built in 1924
  • Property Lot Size Icon6,747sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Outstanding fully renovated investment opportunity in Akron, Ohio, delivering both turnkey stability and compelling value-add upside. This 5-unit property at 598 Blaine Ave is being sold together with 594 Blaine Ave, with both properties benefiting from over $250,000 in recent capital improvements. Renovations include new mechanicals, water heaters, plumbing, roof, windows, electrical systems, and modernized interiors—ensuring a strong foundation for immediate performance. A key value-add opportunity exists with four of the units currently configured as 1-bedrooms. With minimal conversion, these can be upgraded to 2-bedroom layouts, allowing all five units in the property to function as 2-bedrooms. This repositioning creates substantial upside, driving higher rents and long-term NOI growth. Located in a prime Akron corridor near major employers, schools, retail, and transit, the property is well-positioned to maintain strong occupancy while offering investors the rare combination of a stabilized, fully renovated asset and additional upside through simple, cost-effective improvements. Investment analysis and financials available upon request!

Listing Status:
Active
Listing Office:
Home Equity Realty Group : 330-952-2244
Listing Agent:
Kim Lewis : 440-799-5638
MLS ID:
5161404
  • Basement: Concrete
  • Heating: Radiator(s)
  • Parking: Additional ParkingDetachedGarage
  • Roofing: Asbestos Shingle
  • HOA Amenities: 2631.0
  • Originating MLS: NOWDD_NORM
  • School District: Akron CSD - 7701
  • County: Summit
  • Zoning: YORK LOT 2 N PT OF W173 FT6849194
  • Water: Public
  • Sewer: Public Sewer
  • Source: NOWDD_NORM

This listing courtesy of Kim Lewis, Home Equity Realty Group

Location

Schools Nearby

F

Findley Community Learning Center

65 W Tallmadge Ave, Akron, OH, 44310

Grades KG-5

0.26 miles away

J

Jennings Community Learning Center

227 E Tallmadge Ave, Akron, OH, 44310

Grades 6-8

0.36 miles away

N

North High School

985 Gorge Blvd, Akron, OH, 44310

Grades 9-12

0.77 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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