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33231873
33231874

802 South Jenkins Boulevard, Akron, OH 44306 For Sale

Gerspacher Real Estate Group
Listed by Gerspacher Real Estate Group
$345,000
48 days on market
Updated 48 days ago

802 South Jenkins Boulevard

Details
Property Type Multifamily
Square Footage 2,484
Units 4
NOI $28,046
Tenancy Multi
Year Built 1964
Buildings 2
Stories 2
Investment Type Sale/Leaseback

FULLY LEASED CLASSIC MID-CENTURY DUPLEXES FOR SALE

Marketing description

802 S Jenkins Boulevard and 1636 Seth Roberts Drive are renovated duplexes that blend classic mid-century design with stylish contemporary updates. Originally built in 1964, the properties feature distinctive architectural details, including vaulted ceilings and thoughtfully updated interiors. The spacious kitchens are designed for both everyday living and entertaining, offering ample counter space, generous cabinetry, a large workstation sink, and brand-new stainless-steel appliances, including a refrigerator, stove, microwave, and dishwasher. French doors open from the living room to a private patio, creating a seamless indoor-outdoor living experience. Additional conveniences include a detached one-car garage with washer and dryer hookups.

Investment highlights

  • Total SF: 2,484 SF | Price per Duplex: $172,500
  • 4 Total Units – Consists of 1 Bedroom, 1 Bath, Dining Room, Living Room, Kitchen, and Garage with Washer/Dryer Hookups (Approximately 621 SF Each)
  • All Units are Separately Metered – Tenant Pays Gas, Electric, Water, Sewer, and Trash
  • Landlord Pays Real Estate Taxes, Building Insurance, and Landscaping
  • Forced Hot Air | Mini-Split & Wall AC Units
  • Both Duplexes have New Roofs, Gutters, Windows, Appliances, and Interior Cosmetics
  • Year Built: 1964
  • 2025 Annual Real Estate Taxes: $4,570.52

Listing Contacts

Gerspacher Real Estate Group
Listed by Gerspacher Real Estate Group

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$28,046.08
$2,337.17/mo

Valuation Metrics

0
DSCR
8.13%
Cap Rate
8.13%
ROI

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