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$230,000
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Property Description
Fully occupied triplex with long-term tenants in place, currently generating $3060 per month in scheduled rent. Current rents are $990, $1080 and $990, all 3 are subsidzed (some partially). Tenants pay electric; owner is responsible for gas, water, sewer and trash due to the building's central boiler system. Interior photos are from a prior 2021 listing and are provided for general reference only. Current condition may differ due to continued tenant occupancy. The units reflect older finishes and buyers should anticipate updating and turnover work as vacancies occur. The roof was replaced in 2006, the boiler in 2007, and the windows and siding in 2010. Buyer should independently verify ages and condition of all major components. Convenient location near local schools and Lakemore Recreation Park. This is an opportunity to acquire three occupied units at an attractive per-unit basis with future value-add potential. A neighboring duplex with comparable unit square footage recently sold for $111,000 per unit, while 2375 Sanitarium is being offered at approximately $76,667 per unit. Existing leases and trailing operating statements are available for review. Please do not disturb tenants. End buyers only.
Full Property Details
Full Property Details for 2375 Sanitarium Rd
General
- Price: $230,000
- Taxes: $2,040 (2025)
- Status: Active
- Type: Triplex
- Source: 505
- MLS ID: 5249146
- Updated: 10/5/2026
- Added to Site: 15 day(s) ago
Interior
- Number of Rooms: 12
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: In Unit
Parking
- Parking Features: No Garage, Unpaved
Location
- County: Summit
- Township: Lakemore Village
- Subdivision: Tract 6
- Driving Directions: Ackers to Sanitarium
- Direction Faces: South
School Information
- Elem School District: Springfield LSD Summit- 7713
- Midd School District: Springfield LSD Summit- 7713
- High School District: Springfield LSD Summit- 7713
Heating & Cooling
- Cooling Type: None
- Heating Type: Gas, Hot Water, Steam
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Brick, Vinyl Siding
- Basement Desc.: None
- Roof: Asphalt, Fiberglass
- Stories/Levels: 1
- Square Feet: 2,292
- Living Area: 2,292 Sq. Ft.
- Finished Above Grnd: 2,292 Sq. Ft.
- Year Built: 1969
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.2443
- Lot Size: .2443
- Lot Size Source: Public Records
- Lot Features: Corner Lot
Financial Considerations
- Tax Amount: $2,040
- Tax Year: 2025
- Terms: Conventional, 1031 Exchange
- Owner Pays: Gas, Heat, Sewer, Trash Collection, Water
- Tenant Pays: Cable TV, Electricity
Disclosures and Reports
- Legal Description: TR 6 LOT 4 N OF SANATORIUM RD & W OFMARTHA AVE
- Disclosures/Rstr.: Principal is Real Estate Licensed
- Property ID: 5400412
Listed by Keller Williams Living, Michael L Magno
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Schools
Schools serving 2375 Sanitarium Rd
School District:Springfield Local School District, Lakemore, OH
| Name | Grades | Distance |
|---|---|---|
Schrop Intermediate School 2215 Pickle Road, Akron, OH 44312 | 3-6 | 2 mi |
Roosevelt Elementary School, Akron, OH 660 Lessig Avenue, Akron, OH 44312 | PK-2 | 2.1 mi |
Springfield High School, Akron, OH 1880 Canton Road, Akron, OH 44312 | 7-12 | 1.3 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 2375 Sanitarium Rd
Date
Details
Price
Change
Source
10/02/2026
Listed
$230,000
13.3%
MLS
4/12/2023
Sold
$203,000
—
Public Record
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 2375 Sanitarium Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,901
65%
$46,060
31%
2023
$1,756
—
$35,102
—
2023
$1,756
12%
$35,100
28%
2021
$1,561
-14%
$27,430
-2%
2022
$1,812
2%
$27,970
2%
2020
$1,780
—
$27,430
-6%
2019
$1,780
1%
$29,278
—
2018
$1,754
—
$29,278
—
2017
$1,753
-5%
$29,278
—
2016
$1,842
1%
$29,278
—
2015
$1,823
9%
$29,278
—
2014
$1,675
-8%
$29,278
-7%
2013
$1,812
—
$31,438
—
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 2375 Sanitarium Rd
2375 Sanitarium Road, Lakemore, OH 44312 (MLS# 5249146) is a Triplex property with 6 bedrooms and 3 full bathrooms. 2375 Sanitarium Road is currently listed for $230,000 and was received on October 02, 2026. Want to learn more about 2375 Sanitarium Road? Do you have questions about finding other Triplex real estate for sale in Lakemore? You can browse all Lakemore real estate or contact a Coldwell Banker agent to request more information.

