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$ 43,000
$ 49,000 12.2%
3 Beds
2 Baths
1,178 SqFt
$ 43,000
$ 49,000 12.2%
3 Beds
2 Baths
1,178 SqFt
Key Details
Sold Price $43,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,178 sqft
Price per Sqft $36
Subdivision Matthew
MLS Listing ID 5114266
Sold Date 05/19/25
Bedrooms 3
Full Baths 2
HOA Y/N No
Abv Grd Liv Area 1,178
Year Built 1889
Annual Tax Amount $1,056
Tax Year 2024
Lot Size 4,948 Sqft
Acres 0.1136
Property Sub-Type Duplex
Property Description
Welcome to 437 McGowan Ave, Akron OH – the cash-flow opportunity you've been waiting for! Located in one of Akron's rapidly appreciating pockets, this side-by-side duplex is a perfect addition to your portfolio – whether you're local or an out-of-state investor looking to tap into Ohio's booming rental market. Insane low price of 51,000$
Each unit boasts its own private entrance, separate utilities, and spacious layouts – ideal for easy management and long-term stability. With market rents reaching $1300 PER SIDE, you're looking at up to $2,600/month in gross rental income potential That's serious ROI potential.
The Numbers Make Sense:
• Prime BRRRR opportunity – Buy, Renovate, Rent, Refinance, Repeat!
• Value-add potential for savvy contractors or investors looking to boost equity.
• Surging rental demand in the area – minimal vacancy risk.
• Duplex = double the income, single purchase.
Whether you're new to investing or looking to scale, this property is a no-brainer. Akron is HOT, and this is your chance to get in before prices climb even higher.
Investor Tip: Akron has become a top target for remote investors – affordable entry points and high cap rates make it a Midwest gem.
Don't miss this opportunity – 437 McGowan won't last long. Schedule your showing today and start your next investment win in Akron!
Seller is also selling 9 total properties that can be packaged or sold separately: 121-123 Roswell St., Akron, Ohio; 4047 Township Parkway, Highland Hills, Ohio; 20617 Randolph Parkway, Highland Hills, Ohio; 4058 Northfield Rd., Highland Hills, Ohio; 96 Hall St., Akron, Ohio; 905 Woodward Ave., Akron, Ohio; 835 Berwin Ave., Akron, Ohio; 289 E Glenwood Ave., Akron, Ohio; 435-437 McGowan Ave., Akron, Ohio.
Location
State OH
County Summit
Rooms
Basement Unfinished
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features Unpaved
Garage Spaces 1.0
Garage Description 1.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Akron Csd - 7701
Others
Tax ID 6831756
Financing Cash
Special Listing Condition Standard
Bought with Jaren T Fink • RE/MAX Infinity
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "