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About This Home
This 3-bedroom, 2-bathroom residential multi family at 557 Weber Avenue in Akron, OH is listed for $199,000 ($102 per sqft). Built in 1914, the home offers 1,946 sqft of living space on a 0.19 acres lot.
Fully rented duplex offering immediate cash flow! This well-maintained property features two units with the owner currently covering all utilities, with strong potential to increase returns by separating electric. In 2025, the owner installed two electrical panels and completed a full rewire of the lower unit-just add a meter base to easily split utilities in the future.
The lower unit has been completely updated in 2025 with a brand-new kitchen, appliances, bathroom, flooring, paint, light fixtures, outlets, and switches. It also includes additional finished space in the basement, adding flexibility and value. The upper unit was remodeled just prior to the current owner's purchase and is well-maintained.
Both units have separate laundry hookups located in the unfinished basement area. The setup and recent electrical improvements provide an excellent opportunity for a new owner to transition to tenant-paid utilities, maximizing income potential. Great opportunity for investors looking for a turnkey property with upside! Seller is a licensed Realtor.
Key Features
- Built in 1914
- 0.19 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$1,064/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
557 Weber Avenue
Akron, OH 44303
Property Details
Construction
Parking
Heating
Questions & Answers
This 3-bedroom, 2-bathroom residential multi family at 557 Weber Avenue is listed at $199,000 ($102/sqft). The estimated monthly payment is $862 based on 20% down at 6.5% interest.
Key features include: Built in 1914, 0.19 acre lot, 2 stories.
This property is listed by Jennifer M Filipczak-Turner and can be reached at 3305546507 or jturner.realtor@gmail.com.
