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  • $79,900

    628 Lakemont Ave, Akron, OH 44314

    3beds
    1,297sqft
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    Single Family Residence
    Built in 1920
    4,800 Square Feet Lot
    $-- Zestimate®
    $62/sqft
    $-- HOA

    What's special

    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. Updates include new roof 2018, and hot water tank 2020. Great opportunity you do not want to miss — call today to schedule your private showing!
    10 days
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    439
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    30
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    Zillow last checked:

    Listing updated:

    Listed by:

    Tim Finn Jr 330-322-5833 tim@timmfinn.com,

    RE/MAX Edge Realty

    Source: MLS Now,MLS#: 5225612MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Forced Air, Gas
      Cooling
      • None
      Appliances
      • Laundry: In Basement
      Features
      • Basement: Full,Unfinished
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 1,297
      • Total interior livable area: 1,297 sqft
      • Finished area above ground: 1,297
      Video & virtual tour

      Property

      Parking
      • Parking features: Unpaved
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 4,800 Square Feet
      • Dimensions: 40 x 120
      Details
      • Parcel number: 6800305
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Roof: Asphalt,Fiberglass
      Condition
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Portage Heights
      HOA
      • Has HOA: No
      Location
      • Region: Akron

      Financial & listing details

      • Price per square foot: $62/sqft
      • Tax assessed value: $74,870
      • Annual tax amount: $1,740
      • Date on market: 7/8/2026
      • Cumulative days on market: 41 days
      • Listing terms: Cash,Conventional,1031 Exchange

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/8/2026Listed for sale$79,900-11.1%$62/sqft
        Source: MLS Now #5225612 Report a problem
        7/8/2026Listing removed$89,900$69/sqft
        Source: MLS Now #5216892 Report a problem
        6/8/2026Listed for sale$89,900$69/sqft
        Source: MLS Now #5216892 Report a problem
        6/8/2026Listing removed$89,900$69/sqft
        Source: MLS Now #5215968 Report a problem
        6/5/2026Listed for sale$89,900+156.9%$69/sqft
        Source: MLS Now #5215968 Report a problem
        8/12/2025Listing removed$1,195$1/sqft
        Source: Zillow Rentals Report a problem
        7/25/2025Price change$1,195-7.7%$1/sqft
        Source: Zillow Rentals Report a problem
        7/19/2025Price change$1,295-7.2%$1/sqft
        Source: Zillow Rentals Report a problem
        7/10/2025Listed for rent$1,395+16.7%$1/sqft
        Source: Zillow Rentals Report a problem
        5/1/2025Listing removed$1,195$1/sqft
        Source: Zillow Rentals Report a problem
        4/29/2025Price change$1,195-7.7%$1/sqft
        Source: Zillow Rentals Report a problem
        4/5/2025Listed for rent$1,295+17.7%$1/sqft
        Source: Zillow Rentals Report a problem
        1/31/2025Listing removed$1,100$1/sqft
        Source: Zillow Rentals Report a problem
        1/28/2025Listed for rent$1,100+38.4%$1/sqft
        Source: Zillow Rentals Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        6/4/2020Listing removed$795$1/sqft
        Source: Owner Report a problem
        5/22/2020Listed for rent$795$1/sqft
        Source: Owner Report a problem
        4/7/2020Sold$35,000-12.5%$27/sqft
        Source: MLS Now #4168807 Report a problem
        3/8/2020Pending sale$40,000$31/sqft
        Source: Keller Williams Chervenic Rlty #4168807 Report a problem
        3/4/2020Price change$40,000-11.1%$31/sqft
        Source: Keller Williams Chervenic Rlty #4168807 Report a problem
        2/19/2020Listed for sale$45,000$35/sqft
        Source: Keller Williams Chervenic Rlty #4168807 Report a problem
        11/22/2019Listing removed$45,000$35/sqft
        Source: Keller Williams Chervenic Rlty #4119249 Report a problem
        9/15/2019Price change$45,000-10%$35/sqft
        Source: Keller Williams Chervenic Rlty #4119249 Report a problem
        7/26/2019Listed for sale$50,000+128.3%$39/sqft
        Source: Keller Williams Chervenic Rlty #4119249 Report a problem
        8/23/2016Listing removed$21,900+41.3%$17/sqft
        Source: RE/MAX Real Estate Group #3821301 Report a problem
        8/19/2016Sold$15,500$12/sqft
        Source: MLS Now #3821301 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,740 +0.2%$26,200
        2024$1,738 +19.6%$26,200
        2023$1,453 +13.2%$26,200 +45%
        2022$1,284 -0.1%$18,071
        2021$1,285 $18,071 +4.5%
        2020-- $17,287 +5.5%
        2019$1,369 +9.6%$16,391 +0%
        2018$1,248 +1547.8%$16,390
        2017$76 $16,390 -7.3%
        2016$76 $17,690
        2015$76 -94.4%$17,690
        2014$1,352 -43.4%$17,690
        2013$2,388 +81.8%$17,690
        2012$1,313 +138.9%$17,690
        2011$550 -22.7%$17,690 -15.3%
        2010$711 $20,892
        2009-- $20,892
        2008$760 -29.4%$20,892 -4.4%
        2007$1,075 -30.8%$21,862
        2006$1,553 +14.6%$21,862
        2005$1,355 $21,862 +8%
        2004-- $20,241
        2003$1,287 -0.5%$20,241
        2002$1,294 +11.5%$20,241 +28.5%
        2001$1,160 +11.8%$15,757
        2000$1,038 $15,757
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Kenmore

        Getting around

        28 / 100
        Car-Dependent
        32 / 100
        Some Transit
        30 / 100
        Somewhat Bikeable

        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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