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  • $190,000

    1200 Florida Ave, Akron, OH 44314

    8beds
    4,344sqft
    Quadruplex, Multi Family
    Built in 1915
    -- sqft lot
    $197,700 Zestimate®
    $44/sqft
    $1,108 Estimated rent

    Home value

    $197,700

    $178,000 - $219,000

    $1,108/mo

    Zestimate® history
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    Owner options

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    $1,108/mo

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    $1,108/mo

    Rent Zestimate®

    Refinance and save

    $1,335/mo

    Est. payment

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    $1,335/mo

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    What's special

    Excellent investment opportunity in Akron! This fully rented quadruplex generates impressive cash flow with a gross monthly rent of $32,875 and annual expenses of just $12,935, which includes a professional property management company already in place. With a capitalization rate of 11.25%, this property is a proven moneymaker-ideal for both new and experienced investors. The building features four separate units: two 2-bedroom units, one 1-bedroom unit, and one 3-bedroom unit. Each unit has its own furnace, allowing tenants to control their own heat. The owner pays all utilities and owns all appliances, ensuring smooth operation and tenant satisfaction. This is a turnkey opportunity to own a high-performing asset in a solid rental market. Don't miss your chance to add this income-producing property to your portfolio!

    Zillow last checked:

    Listing updated:

    Listed by:

    Shannon Hornacek shannonhornacek@howardhanna.com330-858-8865,

    Howard Hanna

    Bought with:

    Bryan C Garra, 2017001083

    EXP Realty, LLC.

    Source: MLS Now,MLS#: 5115426Originating MLS: Akron Cleveland Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air, Gas
    Cooling
    • None
    Appliances
    • Included: Range, Refrigerator
    Features
    • Basement: Full
    Interior area
    • Total structure area: 4,344
    • Total interior livable area: 4,344 sqft
    • Finished area above ground: 4,344

    Property

    Parking
    • Parking features: None
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 3,484 Square Feet
    Details
    • Parcel number: 6804530

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family
    Materials
    • Brick
    • Roof: Slate
    Condition
    • Year built: 1915

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Shadyside
    Location
    • Region: Akron

    Financial & listing details

    • Price per square foot: $44/sqft
    • Annual tax amount: $2,591
    • Date on market: 4/18/2025
    • Cumulative days on market: 4 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional
    • Tenant pays: Cable TV, Internet

    Price history

    DateEventPrice
    5/20/2025Sold$190,000-2.6%$44/sqft
    Source: MLS Now #5115426 Report a problem
    4/22/2025Pending sale$195,000$45/sqft
    Source: MLS Now #5115426 Report a problem
    4/18/2025Listed for sale$195,000+8.3%$45/sqft
    Source: MLS Now #5115426 Report a problem
    12/6/2023Listing removed$180,000+12.5%$41/sqft
    Source: MLS Now #4277940 Report a problem
    8/31/2021Sold$160,000-11.1%$37/sqft
    Source: MLS Now #4277940 Report a problem
    6/27/2021Pending sale$180,000$41/sqft
    Source: MLS Now #4277940 Report a problem
    5/12/2021Listed for sale$180,000+502%$41/sqft
    Source: MLS Now #4277940 Report a problem
    1/27/2011Listing removed$29,900$7/sqft
    Source: ACC Home Realty, LLC #3138313 Report a problem
    12/12/2010Price change$29,900-14.3%$7/sqft
    Source: ACC Home Realty, LLC #3138313 Report a problem
    11/20/2010Price change$34,900-12.5%$8/sqft
    Source: ACC Home Realty, LLC #3138313 Report a problem
    10/23/2010Price change$39,900-20%$9/sqft
    Source: ACC Home Realty, LLC #3138313 Report a problem
    10/8/2010Price change$49,900-16.7%$11/sqft
    Source: ACC Home Realty, LLC #3138313 Report a problem
    9/29/2010Price change$59,900-14.3%$14/sqft
    Source: ACC Home Realty, LLC #3138313 Report a problem
    5/30/2010Listed for sale$69,900$16/sqft
    Source: ACC Home Realty, LLC #3138313 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Kenmore

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Akron CSD - 7701

    Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $197,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $197,700