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$89,900 Just Listed
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Property Description
Excellent opportunity to add a cash-flowing investment property to your portfolio, or the perfect opportunity to make this house your HOME. This 3-bedroom, 1-bath single-family home offers approximately 1,352 square feet of living space and is conveniently located in Akron's Kenmore area. The property is currently occupied by a tenant who has been in place for approximately one year and would love the opportunity to remain after the sale, creating immediate and stable income for the next owner from day one. Current rent is $1,245 per month, offering strong cash-flow potential with additional upside over time. The home is in typical lived-in rental condition and provides investors the opportunity to continue generating income while making cosmetic improvements over time as desired. Features include a spacious layout, full basement, and off-street parking - all contributing to the property's overall rental appeal and long-term value. Whether you are looking to expand your current portfolio or purchase your first investment property, this home offers stable occupancy, strong rental income, and future upside potential. Seller recently completed an appraisal with the value coming back at $95,000, providing additional confidence in the opportunity here. Great opportunity you do not want to miss - call today to schedule your private showing!
Full Property Details
Full Property Details for 628 Lakemont Ave
General
- Price: $89,900
- Taxes: $1,740 (2025)
- Status: Active
- Type: Single Family
- Source: 505
- MLS ID: 5215968
- Updated: 6/5/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 6
- Fireplace: Yes
- Number of Fireplaces: 1
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Basement
Parking
- Parking Features: Unpaved
Location
- County: Summit
- Township: Akron
- Subdivision: Portage Heights
- Driving Directions: West off of Manchester Road
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: Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Colonial
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Square Feet: 1,297
- Living Area: 1,297 Sq. Ft.
- Finished Above Grnd: 1,297 Sq. Ft.
- Year Built: 1920
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1102
- Lot Size: .1102
- Lot Size Source: Public Records
- Lot Dimensions: 40 x 120
Financial Considerations
- Tax Amount: $1,740
- Tax Year: 2025
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: PORTAGE HTS LOT 65 ALL
- Property ID: 6800305
Listed by RE/MAX Edge Realty, Tim Finn Jr
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Schools
Schools serving 628 Lakemont Ave
School District:Akron Public Schools
| Name | Grades | Distance |
|---|---|---|
Pfeiffer Elementary School 2081 9th Street Southwest, Akron, OH 44314 | K-5 | 0.9 mi |
Innes Community Learning Center 1999 East Avenue, Akron, OH 44314 | 6-8 | 1.1 mi |
Garfield High School 1326 Brown Street, Akron, OH 44301 | 9-12 | 2.3 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 628 Lakemont Ave
Date
Details
Price
Change
Source
6/05/2026
Listed
$89,900
—
MLS
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
Tax History for 628 Lakemont Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,066
106%
$26,205
—
2023
$1,489
2%
$26,205
—
2023
$1,453
—
$26,205
—
2023
$1,453
13%
$26,210
45%
2021
$1,285
—
$18,070
—
2022
$1,284
-6%
$18,070
5%
2020
$1,369
—
$17,290
5%
2019
$1,369
10%
$16,391
—
2018
$1,248
—
$16,391
—
2017
$1,247
-43%
$16,391
-7%
2016
$2,200
61%
$17,690
—
2015
$1,363
1%
$17,690
—
2014
$1,352
-43%
$17,689
—
2013
$2,388
—
$17,690
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 628 Lakemont Ave
628 Lakemont Avenue, Akron, OH 44314 (MLS# 5215968) is a Single Family property with 3 bedrooms and 1 full bathroom. 628 Lakemont Avenue is currently listed for $89,900 and was received on June 05, 2026. Want to learn more about 628 Lakemont Avenue? 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.

