1115 Florida AVE, Kenmore, OH 44314
1115 Florida AVE, Kenmore, OH 44314
1115 Florida AVE, Kenmore, OH 44314
15
$1,345,000
$1,400,000
3.9%
Est.Price: ?

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4,948 Sqft Lot

1115 Florida AVE Kenmore, OH 44314

Est. payment /mo
SOLD DATE : 02/06/2026

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Key Details

Sold Price $1,345,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Subdivision Shadyside Allotment

MLS Listing ID 5151689

Sold Date 02/06/26

HOA Y/N No

Year Built 1923

Annual Tax Amount $1,722

Tax Year 2024

Lot Size 4,948 Sqft

Acres 0.1136

Property Sub-Type Other

Property Description

Outstanding investment portfolio opportunity in Akron, Ohio, offering strong cash flow and significant upside. This package includes all properties listed below and their associated parcels, with a current occupancy of 86% across the portfolio. At market rents, the portfolio is projected to deliver a cap rate of 14% or greater, making it an excellent addition for investors seeking immediate performance with room for growth. The properties include a mix of single-family and multi-family units located throughout Akron and Barberton, positioned near major employers, schools, and transportation. Tenants are responsible for utilities in most units, helping to maintain healthy operating margins. With steady rental demand in the area and recent performance already in place, this turnkey package represents a rare chance to acquire a diversified, income-producing portfolio in a high-demand rental market. Properties and parcels included in this sale are: 1115 Florida Ave., Akron, OH 44314 – Parcel #6854800; 1725 Manchester Rd., Akron, OH 44314 – Parcel #6759324; 213 Hermann St., Barberton, OH 44203 – Parcel #0106466; 2167 East Ave., Akron, OH 44314 – Parcel #6734163; 2513 Christensen Ave., Akron, OH 44314 – Parcel #6804010; 530 Thelma Ave., Akron, OH 44314 – Parcel #6827182; 534 Thelma Ave., Akron, OH 44314 – Parcel #6706664; 539 Thelma Ave., Akron, OH 44314 – Parcel #6821068; 543 Thelma Ave., Akron, OH 44314 – Parcel #6821067; 545 Thelma Ave., Akron, OH 44314 – Parcel #6814967; 546 Thelma Ave., Akron, OH 44314 – Parcel #6821066; 601 Glendora Ave., Akron, OH 44320 – Parcel #6749017; 650 Reed Ave., Akron, OH 44306 – Parcel #6819023; 694 Virginia Ave., Akron, OH 44306 – Parcel #6725186; 955 N Firestone Blvd., Akron, OH 44306 – Parcel #6742296. Financials and rent rolls are available upon request

Location

State OH

County Summit

Interior

Heating Gas

Fireplace No

Schools

School District Akron Csd - 7701

Others

Tax ID 6854800

Financing Conventional

Special Listing Condition Standard

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IDX - Northern Ohio Regional MLS (YES-MLS)/MLS NOW
Listed by Kim Lewis • Home Equity Realty Group • garrett.rowan@heqrealty.com, 803-992-1429
Bought with Chloe Vugrinovich • Coldwell Banker Schmidt Realty
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Lindsey Rose

Lindsey Rose

Realtor® | CEO | Team Lead License ID: 2017001928

+1(330) 591-0823

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