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Local Realty Service Provided By: Coldwell Banker EvenBay Real Estate

347 Cleveland Street, 
Akron, OH 44306

$84,000


3

Beds


2

Baths


1,607

Sq Ft


Single Family

Sold

Listed by

Tal Tamir

Bought with REAFCO

Russell Real Estate Services

440-526-9400

MLS#

5109476

Source:

OH NORMLS

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About This Home

347 Cleveland Street

Prime Turnkey Rental Investment in Akron, OH! Seize this incredible opportunity to own a cash-flowing rental in the thriving city of Akron! Currently occupied with a tenant paying $1,042 per month on a secure lease through 5/31/25, this property boasts a strong 9%+ cap rate and nearly 10% cash-on-cash return based on the asking price. Recent upgrades, including new flooring, fresh paint, and modernized kitchen and bathroom enhancements, add to its long-term value and tenant appeal. Don't miss this hassle-free investment with immediate income potential!

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1918

Subdivision & Development:

Vandalia Heights

Price Summary

91,000

$56 per Sq. Ft.

MLS #:

5109476

Sold:

May 20, 2025


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

1

Interior

Living Area:

1,607 Sq. Ft.


Structure

Structure

Architectural Style:

Colonial

Building Area:

1,607 Sq. Ft.

Year Built:

1918


Lot

Lot Size (Sq. Ft):

5,005


Finances & Disclosures

Finances

Price:

$91,000

Price per Sq. Ft:

$56 per Sq. Ft.

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