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$1,345,000
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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
Full Property Details
Full Property Details for 1115 Florida Ave
General
- Sold For: $1,345,000
- Taxes: $1,722 (2024)
- Status: Closed
- Type: Commercial
- Source: 505
- MLS ID: 5151689
- Added to Site: 127 day(s) ago
Location
- County: Summit
- Township: Akron
- Subdivision: Shadyside Allotment
- Driving Directions: Intersection of Florida Ave and 23rd St NW
School Information
- Elem School District: Akron CSD - 7701
- Midd School District: Akron CSD - 7701
- High School District: Akron CSD - 7701
Heating & Cooling
- Heating Type: Gas
Structural Information
- Year Built: 1923
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1136
- Lot Size: .1136
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $1,722
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: SHADYSIDE LOT 141 S 110 FT LESS SW PT
- Property ID: 6854800
Listed by Home Equity Realty Group, Kim Lewis and Home Equity Realty Group, Garrett Rowan
Sold by Coldwell Banker Schmidt Realty, Chloe Vugrinovich
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Schools
Schools serving 1115 Florida Ave
School District:Akron Public Schools
| Name | Grades | Distance |
|---|---|---|
Pfeiffer Elementary School 2081 9th Street Southwest, Akron, OH 44314 | K-5 | 0.8 mi |
Innes Community Learning Center 1999 East Avenue, Akron, OH 44314 | 6-8 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1115 Florida Ave
Date
Details
Price
Change
Source
2/06/2026
Sold
$1,345,000
-3.93%
MLS
10/16/2025
Listed
$1,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1115 Florida Avenue, Akron, OH 44314 (MLS# 5151689) is a Commercial property that was sold at $1,345,000 on February 06, 2026. Want to learn more about 1115 Florida Avenue? Do you have questions about finding other Commercial real estate for sale in Akron? You can browse all Akron real estate or contact a Coldwell Banker agent to request more information.

