1919 Preston AveAkron, OH 44305

Property Details for 1919 Preston Ave

Property size (Sq ft)

1,440 SF

Property type

Residential income properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a package of four renovated duplexes, totaling eight units, situated on a single lot at 1919-1937 Preston Ave., Akron, OH 44305. Offered at $739,000, this turnkey property boasts 100% occupancy, generating a gross monthly rent of $7,024. Each unit features two bedrooms, one bathroom, an open floor plan, central air conditioning, and attractive front balconies. Recent renovations include updated interiors and luxury fixtures, ensuring modern comfort and high tenant appeal. The property enjoys a desirable location in a park-like setting within a quiet, single-family residential neighborhood, yet offers easy access to major highways, local amenities, and public transportation. The dead-end street location provides added peace and privacy. This low-maintenance investment presents a strong cash flow with potential for rent increases given some units are currently below market value. The combination of updated units, reliable tenants, and a prime location makes this a truly exceptional opportunity for investors seeking a high-yield, turnkey property with minimal management headaches. The property's strong tenant history and high demand rental area further solidify its investment potential. This is a rare chance to acquire a well-maintained, cash-flowing multifamily property in a thriving Akron neighborhood.

Location Insight

City

Akron

County

Summit

State

Ohio

Latitude

41.0647

Longitude

-81.457

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