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Property Description
Discover this updated three-bedroom rental property in Akron, a fantastic opportunity for investors or anyone seeking a well-maintained home to add to their portfolio. Previously rented for $1,150 per month through Section 8, this home offers reliable income potential and a move-in ready condition that makes it especially appealing. From the moment you arrive; you'll notice the care that has gone into the property. The entire exterior has been freshly painted, giving the home a clean and inviting look while also helping to minimize maintenance for years to come. A neatly kept yard provides excellent curb appeal and sets the tone for the updates you'll find throughout the interior. Step inside to a welcoming layout where many recent updates create a fresh, modern living space. The main level features a bright living room with durable flooring, neutral paint tones, and plenty of natural light. The adjoining kitchen has been thoughtfully refreshed, offering ample cabinet space, updated countertops, and room for everyday dining. Each of the three bedrooms is well sized and versatile, making them perfect for comfortable living or flexible use such as a home office. The bathrooms have also been improved with newer finishes that add both function and style. Additional highlights include a dry basement with storage potential, a convenient laundry area, and HVAC systems that have been updated within the past few years. With its combination of updates, solid rental history, and strong market demand in Akron, this property is an excellent opportunity for long-term returns featuring a potential 12-15% cap rate. Located near schools, shopping, and public transportation, this home is positioned in a convenient area that appeals to many renters. Whether you're looking to expand your investment portfolio or secure a dependable rental property with a proven track record, this Akron home checks all the boxes.
Full Property Details
Full Property Details for 374 Gibbs Pl
General
- Sold For: $80,000
- Taxes: $949 (2024)
- Status: Closed
- Type: Single Family
- Source: 505
- MLS ID: 5159218
- Added to Site: 91 day(s) ago
Interior
- Number of Rooms: 6
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 1
Parking
- Parking Features: Driveway
Location
- County: Summit
- Township: Akron
- Subdivision: Portage 08
- Driving Directions: Take Johnston to Gibbs Pl.
School Information
- Elem School District: Akron CSD - 7701
- Midd School District: Akron CSD - 7701
- High School District: Akron CSD - 7701
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Bungalow, Colonial, Conventional
- Construction: Wood Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Square Feet: 1,350
- Living Area: 1,350 Sq. Ft.
- Finished Above Grnd: 1,350 Sq. Ft.
- Year Built: 1916
- Year Built Source: Public Records
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.114
- Lot Size: .114
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $949
- Tax Year: 2024
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Legal Description: TR 8 LOT 4 W OF GIBBS PL .110A
- Property ID: 6814514
Listed by REMAX Diversity Real Estate Group LLC, Logan Robinson
Sold by Howard Hanna, David Rudolph
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Schools
Schools serving 374 Gibbs Pl
School District:Akron Public Schools
| Name | Grades | Distance |
|---|---|---|
Mason Community Learning Center 700 East Exchange Street, Akron, OH 44306 | PK-6 | 0.3 mi |
East Community Learning Center 80 Brittain Road, Akron, OH 44305 | 7-12 | 1.3 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 374 Gibbs Pl
Date
Details
Price
Change
Source
10/18/2025
Sold
$80,000
-5.88%
MLS
10/16/2025
Listed
$85,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
374 Gibbs Place, Akron, OH 44306 (MLS# 5159218) is a Single Family property that was sold at $80,000 on October 18, 2025. Want to learn more about 374 Gibbs Place? Do you have questions about finding other Single Family real estate for sale in Akron? You can browse all Akron real estate or contact a Coldwell Banker agent to request more information.

