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Sold on 10/30/2022
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540 E Buchtel Ave, Akron, OH 44304

$258,000

Last sold 10/30/2022 for $206K

  • 7

    bed

  • 4

    bath

  • 2,149

    Sqft ($96/Sqft)

Multi-family not for sale
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About 540 E Buchtel Ave

Property type Multi-family
Neighborhood
Year built 1908
HOA fee $0/month
Movoto estimate
Property description
UNIVERSITY OF AKRON CASH FLOW MACHINE! This 4-unit has three 2 Bedroom Apartments and a studio apartment in a prime location just 1-Block east of campus. Always fully rented and never an empty apartment in this more than prime location. The 4 apartments gross $2750/mo in rent; $33,000 a year! The house also comes with a bonus buildable lot at 544 E. Buchtel that is currently being used for overflow parking. The roof was replaced in 2020, furnace in 2016, and water heaters in 2018. The apartments have many updates including a remodeled bath in apartment 1, remodeled kitchen & bath in apartment 2, remodeled kitchen in apartment 3, and new luxury vinyl plank flooring throughout the common areas to name a few. All units are leased through July 28, 2023. This one won't last!
Listed by
Listing Agent - Justin T Aikens
Listing Office - Keller Williams Chervenic Rlty
Source: MLS Now mls logo
MLS#4419261 • last updated 3 years ago
Movoto checked MLS Now for data 13 minutes ago
Overview
Cooling/AC None
MLS # 4419261
SqFt 2149
Status Closed
Property Tax 3144
Interior
Total # of Bathrooms 4
# Full Baths 4
# Bedrooms 7
Laundry In Unit
Exterior
Construction Aluminum Siding
Parking Desc Unpaved
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Location
Elem School District Akron CSD - 7701
Middle School District Akron CSD - 7701
High School District Akron CSD - 7701
Multifamily Details
Total # of Units 4
$258K
Range: $178K-$337K
Last 30 days 
  • Dec 2022
    Public Records
  • Dec 16, 2022 Sold
    $181,120 (-12.1%)
  • Dec 2022
    mls logo MLS # 4419261
  • Dec 16, 2022 Sold
    $206,000 (+3.5%)
  • Oct 30, 2022 Pending
    —
  • Oct 27, 2022 Listed
    $199,000 (-0.5%)
  • Jul 2022
    mls logo MLS # 4386650
  • Jul 20, 2022 Pending
    —
  • Jul 12, 2022 Price Change
    $199,900 (-9.1%)
  • Jun 29, 2022 Listed
    $219,900
  • Year Property taxes Tax assessment
  • 2024
    $3,553 -4.5%
    $34,411 -0.03%
  • 2023
    $3,719 +18.5%
    $34,420
  • 2022
    $3,140 -0.1%
    $34,420
  • 2021
    $3,144 -7.9%
    $34,420
  • 2020
    $3,414
    $34,420
  • 540 E Buchtel Ave
    $206K
  • University Park
    $106K -3% y/y
  • 44304
    $99.9K -16% y/y
  • Akron
    $149K +1% y/y
No chart available
Statistics calculated by Movoto

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3/10
Mason Community Learning Center
public Grades PK, K-6
Akron City School District
2/10
East Community Learning Center
public Grades 7-12
Akron City School District
Source: GreatSchools.org © 2026. All rights reserved.

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