Last Sold Price
8 beds
1881 Manchester Road, Akron, OH 44314

Description

Excellent investment opportunity in Kenmore. For sale is a two-property package: A brick five-unit apartment building and a nice duplex right next door. There is a total of 7 units. (6 one bedroom and one two bedroom). Same owner for 35 years. This property has been well maintained. Both properties have been waterproofed. There are vinyl windows throughout and glass block in basements. (approx. 10 yrs.) Flat roof on building is a maintenance free membrane (approx. 15 yrs old). Electric has been updated....Excellent investment opportunity in Kenmore. For sale is a two-property package: A brick five-unit apartment building and a nice duplex right next door. There is a total of 7 units. (6 one bedroom and one two bedroom). Same owner for 35 years. This property has been well maintained. Both properties have been waterproofed. There are vinyl windows throughout and glass block in basements. (approx. 10 yrs.) Flat roof on building is a maintenance free membrane (approx. 15 yrs old). Electric has been updated. One building has a new furnace and H2O tank. Tenants are all on a month to month. There is room for increases all around. See attached income/expense sheet. Gross rents are $57,420. NOI is $32,994. The CAP RATE is 10%. Pre-approved, or cash buyers only can tour common areas, and two units with 24–48-hour notice. This is a nice, clean property that is a great addition to your portfolio or a solid start for a new investor.
LISTING CLOSED: 09/08/2025 12:00 AM

  1. Listed by Debbi Osborne • Howard Hanna
    P: (216)-287-4890 C: (216)-287-4890 debbiosborne@howardhanna.com

Property Details for 1881 Manchester Road

Status
MLS #
5139871
Days on Market
55
Taxes
$4,087 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Quadruplex
Year Built
1913
Lot Size
0.30 AC / 13,068 SF
Has Waterfront
No

Location

Listing Courtesy of Howard Hanna

Sold By Howard Hanna

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Building Information for 1881 Manchester Road

Stories2Residences-Year Built1913Building Size-Lot Size0.30 AC / 13,068 SF

Payment Calculator

$1,789 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,449

Property Taxes

$341

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1881 Manchester Road

Summary
Location and General Information
  • Directions: Kenmore Blvd to Manchester Rd.
  • Latitude: 41.047904
  • Longitude: -81.546949
  • Township: Akron
Taxes and HOA
  • Additional Parcels Description: 6746594
  • Parcel Number: 6757517
  • Tax Annual Amount: $4,087.00
  • Tax Legal Description: TR 9 LOT 19 E OF MANCHESTER RD
  • Tax Year: 2024
School Information
  • Elementary School District: Akron CSD - 7701
  • High School District: Akron CSD - 7701
  • Middle or Junior School District: Akron CSD - 7701
Parking
  • Attached Garage: No
  • Carport Spaces: 1.0
  • Carport: Yes
  • Garage: No
  • Parking Features: Parking Lot
Property
Lot Information
  • Lot Size Acres: 0.3
  • Lot Size Area: 0.3
  • Lot Size Source: Public Records
  • Lot Size Units: Acres
Property and Assessments
  • Living Area: 0.0
  • Living Area Units: Square Feet
  • Year Built: 1913
  • Year Built Source: Public Records
Building Features
  • Construction Materials: Aluminum Siding, Brick, Wood Siding
  • Foundation Details: Block
  • Levels: Two
  • Number of Buildings: 2
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Has Basement: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 0
  • Total Bathrooms Integer: 7
  • Total Bedrooms: 8
  • Cooling: None
  • Has Cooling: No
  • Heating: Forced Air, Gas
  • Has Heating: Yes
  • Laundry Features: In Basement
  • Main Level Bathrooms: 0
Exterior Features
  • Private Pool: No
  • Roof: Asphalt, Flat, Membrane, Shingle
  • Stories: 2
Multi Family
Income & Expenses
  • Gross Income: $57,420.00
  • Operating Expense: $20,760.00
Unit Information
Unit 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Description: six (6) one bedroom units. See attached rent roll.
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: One Bedroom
Unit 2
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Description: six (6) one bedroom units. See attached rent roll.
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: One Bedroom
Unit 3
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Description: six (6) one bedroom units. See attached rent roll.
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: One Bedroom
Unit 4
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Description: six (6) one bedroom units. See attached rent roll.
  • Leased: Yes
  • Occupant Type: Occupied
  • Type: One Bedroom
Rental
Rent Information
  • Tenant Pays: All Utilities

Property History for 1881 Manchester Road

DateEvent & SourcePriceAppreciation
Sep 8, 2025

Sold

MLS Now #5139871

$285,000
Aug 9, 2025

Contract Signed

MLS Now #5139871

Jul 15, 2025

Listed (Active)

MLS Now #5139871

$329,000
DateEvent & SourcePrice
09/08/2025

Sold

MLS Now #5139871

$285,000
08/09/2025

Contract Signed

MLS Now #5139871

07/15/2025

Listed (Active)

MLS Now #5139871

$329,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1881 Manchester Road

Taxable ValueLand$6,745Additions$50,817Total$57,562
Tax Record2025$3,052 ($254 / month)
Home Facts
Baths5Total Finished SqFt3,876 SqFtAbove Grade Finished SqFt3,876 SqFtStories2Lot Size7,008 SqFtStyleMiscellaneous CommercialYear Built1913Year Renovated1913CountySUMMITAPN67-57517

Schools near 1881 Manchester Road

This home is within Akron City School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Pfeiffer Elementary School
PublicK to 5

Innes Community Learning Center
Public6 to 8

Garfield High School
Public9 to 12

Akron Alternative Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1881 Manchester Road, Akron, OH 44314
$285,000
8
13,068
$60,000
2
1
995
4,170
$285,000
2
882
6,804
1
2,498
5,000
$48,000
3
1,488
7,039
$27,000
3
697

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Howard Hanna

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