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$1,320,000
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Property Description
18-Unit Apartment Building Recently Updated. Near Kent State University, Portage County, OH. (4) 2-Bedroom & (14) 1-Bedroom Units, Public Utilities Live Auction with Online Bidding Available. ABSOLUTE AUCTION, all sells to the highest bidder on location. ONLINE BIDDING BEGINS THURSDAY, NOVEMBER 13, 2025, AT 12:30 PM, AND AUCTION LIVE ON-SITE BIDDING WILL BEGIN MONDAY, NOVEMBER 17, 2025, AT 12:30 PM. Real Estate offers a tastefully updated and remodeled 18-unit apartment building. There are (4) 2-bedroom units and (14) 1-bedroom units. Each unit offers a living room, a kitchen with appliances and full bathroom. Additional features include paved parking, gas hot water heat, public utilities, and a laundry facility with coin-operated machines. Updates include roof in 2023, boilers in 2024, electric panels in 2024, exterior stain in 2025, and a majority of the units were updated in 2024/2025. Owner pays heat, water, sewer, and trash. Taxes per half year are $4,575. The property is within walking distance to Kent State University, shopping, and restaurants. Combined monthly rent as of August 2025 is $16,110.
Full Property Details
Full Property Details for 1605 S Water St
General
- Sold For: $1,320,000
- Taxes: $9,149 (2024)
- Status: Closed
- Type: Apartment
- Source: 505
- MLS ID: 5169334
- Added to Site: 97 day(s) ago
Parking
- Parking Features: Asphalt
Location
- County: Portage
- Township: Kent
- Subdivision: Younkman
- Driving Directions: 1605 S. Water Street, Kent, OH 44240: Property is located just north of SR 261 on S. Water Street.
School Information
- Elem School District: Kent CSD - 6705
- Midd School District: Kent CSD - 6705
- High School District: Kent CSD - 6705
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric, Window Unit(s)
- Heating Type: Gas, Hot Water, Steam
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Year Built: 1963
- Year Built Source: Public Records
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.3291
- Lot Size: .3291
- Lot Size Source: Assessor
- Zoning: Residential
Financial Considerations
- Tax Amount: $9,149
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Auction
- Legal Description: YOUNKMAN LOT 24
- Property ID: 17-006-20-00-044-000
Listed by Kiko, Randy L Compton
Sold by Non-Member, Non-Member Non-Member
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Schools
Schools serving 1605 S Water St
School District:Kent City School District
| Name | Grades | Distance |
|---|---|---|
Holden Elementary School 132 West School Street, Kent, OH 44240 | K-5 | 0.6 mi |
Stanton Middle School 1175 Hudson Road, Kent, OH 44240 | 6-8 | 2.3 mi |
Theodore Roosevelt High School 1400 North Mantua Street, Kent, OH 44240 | 9-12 | 2.4 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 1605 S Water St
Date
Details
Price
Change
Source
12/30/2025
Sold
$1,320,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1605 S Water Street, Kent, OH 44240 (MLS# 5169334) is a Apartment property that was sold at $1,320,000 on December 30, 2025. Want to learn more about 1605 S Water Street? Do you have questions about finding other Apartment real estate for sale in Kent? You can browse all Kent real estate or contact a Coldwell Banker agent to request more information.
