CALLING ALL INVESTORS!!! Welcome to 1235 Wilbur Avenue, a fantastic investment opportunity in the heart of Akron, Ohio! This well maintained triplex offers an excellent chance to enhance your real estate portfolio. Situated in a prime location, this property presents a lucrative income-generating potential that boasts three spacious units, each providing comfortable living spaces and modern amenities. This owner occupied first floor unit could potentially bring in $700 a month while the remaining two units bring in $645 and $500 a month which after expenses, could provide you close to a 10% cap rate! With ample parking available in the back, residents will appreciate the convenience of off-street parking. Located on Wilbur Avenue, this triplex enjoys a desirable Akron address. It is conveniently situated near major highways, shopping centers, restaurants, and various amenities, ensuring a convenient lifestyle for tenants. Additionally, the property is within close proximity to several
Closed
$130,500
1235 Wilbur Ave, Akron, OH 44301
3beds
1,750sqft
Triplex, Multi Family
Built in 1927
-- sqft lot
$119,600 Zestimate®
$75/sqft
$1,005 Estimated rent
Home value
$119,600
$102,000 - $138,000
$1,005/mo
Zestimate® history
Owner options
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$917/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Alex V Johnson (440)389-3883rebroker216@gmail.com,
Real Estate Quest, Inc.
Bought with:
Deletria C Walters, 2010001312
Twin Oaks Realty
Source: MLS Now,MLS#: 4463963
Originating MLS: Other/Unspecificed
Originating MLS: Other/UnspecificedFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Gas
Cooling
- None, Window Unit(s)
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 1,750
- Total interior livable area: 1,750 sqft
- Finished area above ground: 1,750
Property
Parking
- Parking features: Unpaved
Features
- Levels: Two
- Stories: 2
Lot
- Size: 4,800 Square Feet
Details
- Parcel number: 6731927
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex, Multi Family
Materials
- Brick
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1927
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Bellows Allotment
Location
- Region: Akron
Financial & listing details
- Price per square foot: $75/sqft
- Tax assessed value: $92,460
- Annual tax amount: $1,781
- Date on market: 12/6/2023
- Cumulative days on market: 68 days
- Listing terms: Cash
- Tenant pays: Other
Price history
| Date | Event | Price |
|---|---|---|
| 10/20/2023 | Sold | $130,500-12.9%$75/sqft |
Source:  MLS Now #4463963 Report a problem | ||
| 9/14/2023 | Pending sale | $149,900$86/sqft |
Source: MLS Now #4463963 Report a problem | ||
| 8/23/2023 | Price change | $149,900-9.1%$86/sqft |
Source: MLS Now #4463963 Report a problem | ||
| 7/20/2023 | Pending sale | $164,900$94/sqft |
Source: MLS Now #4463963 Report a problem | ||
| 6/4/2023 | Listed for sale | $164,900+671.5%$94/sqft |
Source: MLS Now #4463963 Report a problem | ||
| 3/19/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 3/7/2021 | Listed for rent | $490 |
Source: Zillow Rental Manager Report a problem | ||
| 6/5/2020 | Sold | $21,373-28.8%$12/sqft |
Source: Public Record Report a problem | ||
| 1/11/2005 | Sold | $30,000-25%$17/sqft |
Source: Public Record Report a problem | ||
| 10/24/2003 | Sold | $40,000$23/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,202 +0.2% | $32,360 |
| 2024 | $2,198 +19.3% | $32,360 |
| 2023 | $1,843 +3.4% | $32,360 +32.3% |
| 2022 | $1,781 +4% | $24,466 |
| 2021 | $1,713 | $24,466 +3.3% |
| 2020 | -- | $23,675 +51.5% |
| 2019 | $1,381 +6.6% | $15,631 -0.1% |
| 2018 | $1,295 -2.7% | $15,640 |
| 2017 | $1,330 | $15,640 -5.6% |
| 2016 | $1,330 | $16,560 |
| 2015 | $1,330 +0.7% | $16,560 |
| 2014 | $1,320 -17.7% | $16,560 -20.9% |
| 2013 | $1,604 +0.7% | $20,940 |
| 2012 | $1,593 +20.2% | $20,940 +0% |
| 2011 | $1,325 -5.6% | $20,934 -11.2% |
| 2010 | $1,403 | $23,584 |
| 2009 | -- | $23,584 |
| 2008 | $1,448 +0.1% | $23,584 -4.8% |
| 2007 | $1,447 +0.8% | $24,767 |
| 2006 | $1,435 +17.4% | $24,767 |
| 2005 | $1,223 -6.2% | $24,767 +9.5% |
| 2004 | $1,304 +15.5% | $22,614 |
| 2003 | $1,129 -58.2% | $22,614 -1.7% |
| 2002 | $2,703 -14.4% | $23,006 +4.1% |
| 2001 | $3,159 +94.7% | $22,110 |
| 2000 | $1,622 | $22,110 |
Find assessor info on the county website
Neighborhood: South Akron
Nearby homes
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- $30,5002 bd1 ba1.7k sqft1237 Wilbur Ave, Akron, OH 44301Sold
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Nearby schools
GreatSchools rating
- 5/10McEbright Elementary SchoolGrades: K-5Distance: 0.2 mi
- 3/10Innes Community Learning CenterGrades: 6-8Distance: 2.8 mi
- 4/10Garfield High SchoolGrades: 9-12Distance: 0.3 mi
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
$119,600
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Estimated market value
$119,600
- Ohio
- Summit County
- Akron
- 44301
- South Akron
- 1235 Wilbur Ave
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Nearby neighborhoods
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