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$299,900

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
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House Hack Opportunity! A great opportunity for owner-occupants, FHA buyers, and investors-this solid brick 4-unit multifamily property offers a rare opportunity to live in one unit while collecting rental income from the other three. Whether you're looking to reduce your monthly housing costs or start building your real estate portfolio, this property checks all the boxes. Each spacious unit features 1 bedroom, 1 bathroom, a living room, dining room, and a bonus room. The property is currently fully occupied, with two units renting for $500/month and two units renting for $750/month, providing immediate cash flow with room to increase rents over time. Looking for even more upside? The lower level offers the potential to be finished and converted into two additional units

Full Property Details for 228 Cole Ave

General

  • Price: $299,900
  • Taxes: $5,550 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: 505
  • MLS ID: 5231356
  • Updated: 7/29/2026
  • Added to Site: 34 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: Common Area

Parking

  • Parking Features: Gravel

Location

  • County: Summit
  • Township: Akron
  • Subdivision: Cole Ave Allotment
  • Driving Directions: East of South Main St. . North of E. Miller Ave

School Information

  • Elem School District: Akron CSD - 7701
  • Midd School District: Akron CSD - 7701
  • High School District: Akron CSD - 7701

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Hot Water, Steam

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • # Buildings: 1
  • Construction: Brick
  • Basement: Yes
  • Basement Desc.: Full
  • Roof: Asphalt
  • Stories/Levels: 2
  • Square Feet: 3,360
  • Living Area: 3,360 Sq. Ft.
  • Finished Above Grnd: 3,360 Sq. Ft.
  • Year Built: 1928
  • Year Built Source: Public Records
  • Property Condition: Updated/Remodeled

Lot Features

  • Lot Size (Acres): 0.1302
  • Lot Size: .1302
  • Lot Size Source: Public Records

Financial Considerations

  • Tax Amount: $5,550
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: COLE AVE LOTS 86 ALLLESS NE 87 SW
  • Disclosures/Rstr.: Principal is Real Estate Licensed
  • Property ID: 6746975

Listed by Realuxe Ohio, Mandria Aceto

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Listing agent

— 228 Cole Ave —

  • Mandria Aceto

    Realuxe Ohio

mandria@realuxerealestate.com, 440-341-2878

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 228 Cole Ave

School District:Akron Public Schools
NameGradesDistance
McEbright Elementary School
349 Cole Avenue, Akron, OH 44301
K-50.3 mi
Innes Community Learning Center
1999 East Avenue, Akron, OH 44314
6-82.5 mi
Garfield High School
1326 Brown Street, Akron, OH 44301
9-120.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 228 Cole Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/27/2026
Listed
$299,900
1399.5%
MLS
4/05/2017
Sold
$20,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 228 Cole Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,026
—
$56,613
—
2023
$6,026
2%
$56,610
—
2022
$5,891
16%
$56,610
—
2021
$5,098
109%
$56,610
—
2020
$2,440
—
$56,610
136%
2019
$2,440
-4%
$23,955
—
2018
$2,532
4%
$23,955
—
2017
$2,434
-2%
$23,955
-5%
2016
$2,475
-1%
$25,215
—
2015
$2,494
1%
$25,215
—
2014
$2,465
3%
$25,214
6%
2013
$2,404
—
$23,888
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by Realuxe Ohio, Mandria Aceto

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228 Cole Avenue, Akron, OH 44301 (MLS# 5231356) is a Multi-Family property with units containing 4 bedrooms and 4 full bathrooms. 228 Cole Avenue is currently listed for $299,900 and was received on July 27, 2026. Want to learn more about 228 Cole Avenue? Do you have questions about finding other Multi-Family real estate for sale in Akron? You can browse all Akron real estate or contact a Coldwell Banker agent to request more information.

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