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FULLY LEASED CLASSIC MID-CENTURY DUPLEXES 802 S Jenkins Blvd 4 Unit Apartment Building $335,000 ($83,750/Unit) 8.37% Cap Rate Akron, OH 44306
Investment Highlights
- Fully leased investment with four updated 1-bedroom units.
- Tenants pay all utilities; landlord covers real estate taxes, insurance, and landscaping.
Executive Summary
802 S Jenkins Boulevard and 1636 Seth Roberts Drive comprise two fully leased, mid-century duplexes that have been thoughtfully renovated to combine classic architectural elements with modern updates. Each building includes two units, bringing the total to four income-producing residences. Interiors feature updated flooring, refreshed kitchens with new appliances, and washer/dryer hookups in every unit. With separate utility metering, tenants cover their own gas, electric, water, sewer, and trash expenses, ensuring predictable operating costs for ownership.
This income-generating asset provides an appealing investment opportunity supported by long-term tenancy, low operating expenses, and desirable tenant-paid utilities. Located in the South Akron/Firestone Park area, the property provides quick accessibility to downtown Akron, Interstate 77, and numerous retail, dining, and service amenities. With proximity to parks, recreation, and employment hubs, these updated duplexes offer strong tenancy appeal in a well-established neighborhood.
This income-generating asset provides an appealing investment opportunity supported by long-term tenancy, low operating expenses, and desirable tenant-paid utilities. Located in the South Akron/Firestone Park area, the property provides quick accessibility to downtown Akron, Interstate 77, and numerous retail, dining, and service amenities. With proximity to parks, recreation, and employment hubs, these updated duplexes offer strong tenancy appeal in a well-established neighborhood.
Property Facts
| Price | $335,000 | Apartment Style | Low-Rise |
| Price Per Unit | $83,750 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.44 AC |
| Cap Rate | 8.37% | Building Size | 2,484 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment |
| Price | $335,000 |
| Price Per Unit | $83,750 |
| Sale Type | Investment |
| Cap Rate | 8.37% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.44 AC |
| Building Size | 2,484 SF |
| No. Stories | 2 |
| Year Built | 1964 |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- 24 Hour Access
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $50,138 | |
| Land Assessment | $16,846 | Total Assessment | $66,984 |
Property Taxes
Parcel Numbers
Land Assessment
$16,846
Improvements Assessment
$50,138
Total Assessment
$66,984
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FULLY LEASED CLASSIC MID-CENTURY DUPLEXES | 802 S Jenkins Blvd