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$614,500
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Property Description
Outstanding fully renovated investment opportunity in Akron, Ohio, delivering both immediate stability and strong upside potential. This 7-unit property package has undergone over $250,000 in recent capital improvements, including new mechanicals, water heaters, plumbing, roof, windows, electrical systems, and refreshed interiors. With the heavy lifting already completed, investors can step directly into a stabilized, turnkey asset poised for consistent performance. Significant value-add potential remains, with the ability to convert 1-bedroom units into 2-bedrooms through minimal construction and renovation, offering a clear path to increasing NOI. Situated in a strategic Akron location near major employers, schools, retail, and transit, the property is well positioned to maintain strong occupancy while capturing long-term growth. This represents a rare chance to acquire a fully updated, income-producing property with both immediate cash flow and additional upside! Investment analysis and financials available upon request!
Full Property Details
Full Property Details for 594-598 Blaine Ave
General
- Sold For: $614,500
- Taxes: $5,290 (2024)
- Status: Closed
- Type: Commercial
- Source: 505
- MLS ID: 5161392
- Added to Site: 211 day(s) ago
Parking
- Garage: Yes
- Total Spaces: 14
- Parking Features: Additional Parking, Direct Access, Detached, Garage
Location
- County: Summit
- Township: Akron
- Subdivision: O B York Allotment
- Driving Directions: W Talmedge & Blaine Ave
School Information
- Elem School District: Akron CSD - 7701
- Midd School District: Akron CSD - 7701
- High School District: Akron CSD - 7701
Heating & Cooling
- Heating Type: Radiator(s)
Utilities
- Water: Public
Structural Information
- # Buildings: 2
- Basement: Yes
- Current Bldg. Use: Multi-Family
- Year Built: 1924
- Year Built Source: Assessor
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.3217
- Lot Size: .3217
- Lot Size Source: Assessor
Financial Considerations
- Other Assoc Fees: $3,618
- Operating Expenses: $27,239
- Tax Amount: $5,290.16
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: YORK LOT 2 N PT OF W173 FT
- Property ID: 6849194
Listed by Home Equity Realty Group, Kim Lewis and Home Equity Realty Group, Garrett Rowan
Sold by RE/MAX Infinity, Aiden Avtgis
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Price & Sales History for 594-598 Blaine Ave
Date
Details
Price
Change
Source
5/01/2026
Sold
$614,500
-4.36%
MLS
11/01/2025
Price Reduced
$642,500
-0.39%
MLS
10/15/2025
Listed
$645,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
594-598 Blaine Avenue, Akron, OH 44310 (MLS# 5161392) is a Commercial property that was sold at $614,500 on May 01, 2026. Want to learn more about 594-598 Blaine 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.

