Necia TFreeman
(304) 634-3319

51 Cotter Avenue
Akron, OH 44305

$540,000

50 Photos

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Listing Details

  • $540,000
  • MLS# 5239870
  • Type Commercial - Business
  • Status Active
  • 0.172 acres
    Lot Size
  • 1914
    Year Built
  • Akron City
    Local Schools

Home Value Estimate

Description

Twelve-unit, two-building multifamily in Akron's Middlebury neighborhood, offered at $540,000, or $45,000 per door, with all twelve units occupied. 51 Cotter holds four units and 55 Cotter holds eight, side by side, sharing a rear lot with off-street parking and a detached outbuilding, so a buyer runs the whole position on one drive and one management contract. The mix is ten one-bedrooms, one two-bedroom and a studio. Average in-place rent is $708, while the two units already brought to a modern finish are leased at $800 and $850, which is where the upside comes from and why it does not depend on a market assumption. Wood-frame century buildings...read more

Features

  • None
  • Gas
  • 3.0 Stories
  • $9,757 / year Taxes
  • Public
  • Built in 1914

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Listed By

Agency Name: Russell Real Estate Services
Agency Contact: tal@premierclevelandinvesting.com, 216-870-8687

Shown By

Agent Name: Necia T Freeman
Agent Phone: (304) 634-3319
Agency Title: Old Colony, REALTORS®
Agency Contact: Contact

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372 Davis Creek Road
Barboursville, WV 25504
(304) 634-3319
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/01/2026. The listing information on this page last changed on 09/01/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 09/01/2026 12:01:04 AM EST) or CBRMLS (last updated Mon 08/31/2026 11:59:29 PM EST) or Beckley MLS (last updated Mon 08/31/2026 11:50:08 PM EST) or Kanawha Valley MLS (last updated Mon 08/31/2026 11:32:14 PM EST) or HTGN MLS (last updated Mon 08/31/2026 11:39:26 PM EST) or Wheeling MLS (last updated Mon 08/31/2026 10:36:37 PM EST) or West Penn MLS (last updated Mon 08/31/2026 11:28:38 PM EST) or NCWV MLS (last updated Mon 08/31/2026 11:16:10 PM EST) or Mercer/Tazewell MLS (last updated Mon 08/31/2026 11:14:12 PM EST) or MLS NOW (last updated Mon 08/31/2026 11:57:31 PM EST) or Greenbrier Valley Board of Realtors (last updated Mon 08/31/2026 11:01:41 PM EST) or Ashland KY MLS (last updated Mon 08/31/2026 10:30:12 PM EST). Real estate listings held by brokerage firms other than Old Colony, REALTORS® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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