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  • $145,000

    656 Hammel St, Akron, OH 44306

    5beds
    1,995sqft
    Duplex, Multi Family
    Built in 1933
    -- sqft lot
    $140,500 Zestimate®
    $73/sqft
    $1,002 Estimated rent

    Home value

    $140,500

    $133,000 - $148,000

    $1,002/mo

    Zestimate® history
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    $1,022/mo

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    $1,022/mo

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    What's special

    Turnkey, cash-flowing duplex in East Akron! This fully updated and rent-ready property is an excellent opportunity for both investors and owner-occupants looking to offset their mortgage with rental income. The exterior features a newer dimensional shingle roof, low-maintenance vinyl and aluminum siding, and a detached 1.5-car garage. Inside, both units have been thoughtfully updated with vinyl replacement windows, new LVP flooring, fresh carpet in all bedrooms, updated bathrooms with new vanities and shower surrounds, and modern finishes throughout. The first-floor unit boasts a beautifully updated kitchen with new cabinets and countertops, plus an enclosed front porch for additional convenience. Adding character rarely found in rental properties, the dining rooms feature custom built-in wood shelving with leaded glass cabinet doors. The second-floor unit includes an enclosed porch and offers even more living space with a finished third-floor bedroom and bonus tandem room—perfect for a home office, walk-in closet, or additional flex space. Newer furnaces and updated 100 amp panels add to the value of this house as a ready to go investment property. The upper unit already has a tenant preparing to move in, providing immediate income potential, wile the first floor is turnkey and ready for you to place your own tenant. With current Section 8 payment standards allowing up to $1,142 per month for a 2-bedroom unit, this property offers strong cash-flow potential and is positioned to be a true cash cow for the next owner. Whether you're looking to expand your portfolio or secure a low-maintenance investment with major updates already completed, this East Akron duplex is ready to start generating returns from day one.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Ian Grame 216-882-1056 iangrameREALTOR@gmail.com,

    Key Realty

    Bought with:

    Robert E Dale, 2019007495

    EXP Realty, LLC.

    Source: MLS Now,MLS#: 5220468MLS LogoOriginating MLS: Akron Cleveland Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Gas
    Cooling
    • Other
    Features
    • Basement: Full
    Interior area
    • Total structure area: 1,995
    • Total interior livable area: 1,995 sqft
    • Finished area above ground: 1,995

    Property

    Parking
    • Total spaces: 1.5
    • Parking features: Garage
    • Garage spaces: 1.5
    Features
    • Levels: Three Or More
    Lot
    • Size: 4,800 sqft
    Details
    • Parcel number: 6842367
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Aluminum Siding, Vinyl Siding
    • Roof: Asphalt
    Condition
    • Year built: 1933

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Akron
    • Subdivision: Brown

    Price history

    DateEventPrice
    7/7/2026Sold$145,000+85.9%$73/sqft
    Source: MLS Now #5220468 Report a problem
    9/24/2025Sold$78,000-29.1%$39/sqft
    Source: Public Record Report a problem
    8/29/2022Sold$110,000+685.7%$55/sqft
    Source: MLS Now #4385874 Report a problem
    2/16/2011Sold$14,000+17.7%$7/sqft
    Source: Public Record Report a problem
    12/14/2010Sold$11,890-86.5%$6/sqft
    Source: Public Record Report a problem
    6/7/2010Sold$88,021+45.2%$44/sqft
    Source: Public Record Report a problem
    10/5/2001Sold$60,600+282.6%$30/sqft
    Source: Public Record Report a problem
    11/4/1996Sold$15,840$8/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,663 -9.9%$23,200
    2024$1,846 +15.8%$23,200
    2023$1,594 +32.1%$23,200 +66.4%
    2022$1,207 -0.1%$13,941
    2021$1,208 $13,941
    2020-- $13,941 -11.2%
    2019$1,328 +1.2%$15,698 0%
    2018$1,313 -2.8%$15,700
    2017$1,350 $15,700 -1.6%
    2016$1,350 $15,960
    2015$1,350 -2.9%$15,960
    2014$1,391 +13.3%$15,960 +14%
    2013$1,228 -5.2%$14,000
    2012$1,295 +46.2%$14,000
    2011$886 -28%$14,000 -32.5%
    2010$1,230 $20,752
    2009-- $20,752
    2008$3,264 +114.9%$20,752 -6.5%
    2007$1,519 +0.9%$22,187
    2006$1,505 -40.6%$22,187
    2005$2,535 +302.8%$22,187 +14.2%
    2004$629 -46.5%$19,429
    2003$1,177 -1.5%$19,429
    2002$1,194 +12.2%$19,429 +28.4%
    2001$1,064 +12.9%$15,134
    2000$943 $15,134

    Find assessor info on the county website

    Neighborhood: East Akron

    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
    $140,500
    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
    $140,500