642 E Buchtel Avenue , Akron, OH 44304(Summit County)

Discover a rare investment opportunity in the City of Akron-one of Ohio's most promising markets for long-term rental growth. This fully rented quadplex at the corner of Buchtel and Straw provides immediate cash flow with major upside potential. Akron's strong rental demand, growing economic base, and steady pool of long-term tenants make it a standout destination for investors seeking stability, appreciation, and reliable occupancy. Modern, well-maintained multifamily options in this high-demand area are increasingly hard to find. A key advantage is the property's construction age. Three units were built in 2004 and a fourth added in 2010, making it one of Summit County's newer multifamily offerings. Newer mechanicals and infrastructure mean easier maintenance and stronger tenant appeal. The vinyl siding and excellent off-street parking enhance curb appeal for current and future renters. All four units are occupied, each paying $800 per month. Rents have not increased in over two years and remain below market value-an immediate value-add opportunity. Each unit offers two bedrooms, a full bath upstairs, and a half bath between the kitchen and living room. Three units include full basements with washers and dryers, while the slab unit provides convenient first-floor laundry. With reliable tenants, solid fundamentals, and clear room for increased returns, this property suits both seasoned investors and newcomers building a strong portfolio. Akron continues to attract investors with its rising rental market, ongoing redevelopment, and deep tenant pool. Newer construction, full occupancy, and value-add potential make this a rare find. Don't miss the chance to secure a high-performing asset in one of Akron's most promising investment corridors.

Copyright © 2025 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.