222 Rhodes Avenue Akron, OH 44302

222 Rhodes Avenue Akron, OH 44302

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$95,000 Active
Multi Unit - Multiple MLS 5206034 New to the Market

Listed By

Agency Name: NEO Portfolio Property Management
Agency Contact: 614-768-7200, contact@allcountyneo.com

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Investor Opportunity! This classic up/down duplex in the heart of Akron offers immediate income and long-term potential. The upstairs 1-bed, 1-bath unit is currently rented for $775/month, while the downstairs 2-bed, 1-bath unit is vacant and ready for a new tenant?or perfect for an owner-occupant looking to house hack. Its central location provides quick access to Highland Square, downtown Akron, and nearby amenities. Whether you're an investor expanding your portfolio or a first-time buyer seeking rental income, this property is priced for great cash flow and offers strong rental demand in the area. The seller is also offering nearby 221 Portage Path, making this an ideal chance to pick up two income-producing properties within close proximity. Please note: 48-hour notice required to show the occupied unit. Don't miss this opportunity to build equity while generating income!

222 Rhodes Avenue | MLS# 5206034

This multi-family property located at 222 Rhodes Avenue , Akron, OH 44302 is currently listed for sale with an asking price of $95,000. Rhodes Avenue is located within the Akron City school district. Search Akron real estate on 212caseroad.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Days on Market: 1
Heating: Forced Air, Gas
Lot Size: 0.10 Acres
Roof Type: Asphalt, Fiberglass
Stories: 3.0
Taxes: $1,051 / year
Year Built: 1925

Feature Descriptions

Exterior: Aluminum Siding, Vinyl Siding
Parcel#: 6706680
Parking: Paved
Sewer: Public Sewer
Water: Public

Local Schools

School District: Akron City

Demographics

Summit County Demographic Information for 222 Rhodes Avenue , Akron, OH 44302
Fips
Fips Code 39153
Population
2020 to 2025 Change down 0.4%
2010 Count 541,781
2020 Count 540,428
2025 Estimate (V2025) 538,376
2020 Estimate (V2025) 540,429
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.4%
18 to 64 54.2%
65 and Older 20.2%
Gender
Male 48.7%
Female 51.3%
Place of Birth
Foreign 6.0%
US 94.0%
Education
High School Graduate, Age 25+ 92.8%
Bachelor's Degree or Higher, Age 25+ 35.8%
Computer and Internet use
Households with a computer 95.4%
Households with a broadband Internet subscription 91.6%
Language
English is Second Language, Age 5+ 7.3%
English is First Language, Age 5+ 92.7%
Veterans
Veterans 25,976
Income
Per Capita Income $43,061
Median Household Income $71,622
People in Poverty 13.3%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 247,173
Households 231,267
Average Household Size 2.29
Owner-Occupied 67.5%
Multi-Family 22.4%
Owner-Occupied Median Value $208,700
Median selected monthly owner costs -with a mortgage $1,470
Median selected monthly owner costs -without a mortgage $599
Median gross rent $1,026
Building Permits
New Private Housing Issued 2024 1,082
Years at Residence
1 Year or More 88.9%
Less Than 1 Year 11.1%
Business and Employment
Private non-farm Establishments 13,309
Private non-farm Employment 249,827
Private non-farm Employment Growth down 0.8%
Nonemployer Establishments 43,820
Number of Firms 9,566
Business Production
Value of Shipments $9,410,730,000
Wholesale Trade $9,120,214,000
Retail Trade $8,582,177,000
Retail Sales Per Capita $15,606
Accommodation and Food Services $1,190,062,000
Land
Land Area 412.75 sq. miles
Population Per Square Mile 1,313

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 598.17 per month $482.87 Principal & Interest $87.58 Property Tax $27.71 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage