Listed By
Agency Name: Keller Williams Living
Agency Contact: 330-990-3744, michael@themagnogroup.com
Shown By
Agent Name: Anestis Kalagidis
Agent Phone: Cell: (614) 395-6377
Agency Title: Cutler Real Estate
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Property Description
Welcome to 1224 Pondview Ave, a solid cash-flow opportunity located in Akron's growing Goodyear Heights neighborhood. This well-maintained four-unit property features four generously sized 1-bedroom, 1-bath units, all in move-in ready condition, making it an excellent option for both investors and owner-occupants looking to offset their mortgage with rental income. Major capital improvements have already been handled, including all furnaces replaced in 2022, along with low-maintenance vinyl siding and vinyl windows. With proforma rents approaching $3,000 per month, this property offers the kind of income potential investors are actively chasing, easily crushing the 1% rule at the current list price. Conveniently located near Akron's East End Redevelopment project and just minutes from Downtown Akron, the University of Akron, major highways, hospitals, shopping, and dining, this location continues to benefit from ongoing growth and redevelopment momentum. Whether you're looking to house hack your first multifamily or add a strong performer to your portfolio, 1224 Pondview delivers flexibility, location, and upside all in one package.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Cooling: None
Days on Market: 2
Heating: Forced Air, Gas
Lot Size: 0.17 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,800 / year
Year Built: 1918
Feature Descriptions
Exterior: Vinyl Siding
Laundry: None
Parcel#: 6827190
Parking: No Garage, Paved, Parking Lot
Sewer: Public Sewer
Water: Public
Local Schools
School District: Akron City
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Estimated Payment
$ 1,313.38 per month $1,022.01 Principal & Interest $233.33 Property Tax $58.04 Homeowner's InsuranceChange Payment Information
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1224 Pondview Avenue | MLS# 5201045
This multi-family property located at 1224 Pondview Avenue, Akron, OH 44305 is currently listed for sale with an asking price of $199,000. Pondview Avenue is located within the Akron City school district. Search Akron real estate on www.neskalagidis.com today.