642 E Wilbeth Road Akron, OH 44306
Great Investment Opportunity: Well-maintained 4-unit Brick apartment building with a solid rental history and full occupancy. This property generates $2, 850 in gross monthly income, with long-term tenants on month-to-month leases and one newer tenant secured through 5/31/25. The roof is approximately 12 years old with a single layer, and the boiler was replaced in 2007, reducing potential maintenance costs. Each unit comes equipped with seller-owned refrigerators, stoves, and window air conditioners. Tenants enjoy the convenience of a covered 4-car carport and additional parking off the circular driveway. Located close to public transportation and freeway access, this property offers strong rental appeal. Owner covers all utilities, lawn care, and common area maintenance, with expenses averaging $800 per month.
- Property TypeMulti-Family
- NeighborhoodWilbeth Road Allotment
- CountySummit
- Taxes$3,672
- HOA/Condo/Coop Fees$0
- Days on Site42 Days
- MLS StatusActive
- MLS ID Number5059240
- Home Size Source N/A
- Year Built1930
- Lot Size0.2479 Acres
- Full Baths4
- Partial BathsN/A
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General Features
- Construction Brick
- Parking DrivewayDetachedGarageUnpaved
- Sewer Public Sewer
- Basement Common BasementFullUnfinished
- Number of Stories 3Three Or More3
- Acreage 0.2479
- Water Public
- Property Sub Type Quadruplex
- Attached Garage No
- Direction Faces North
Interior Features
- Cooling Window Units
- Heating GasHot WaterSteam
- Appliances RangeRefrigerator
- Laundry Features Common AreaIn Unit
Exterior Features
- Roof AsphaltFiberglass
- Waterfront Property No
Community Features
- Township Akron