1330 W Waterloo Road
1330 W Waterloo Road photo 2
1330 W Waterloo Road photo 3
1330 W Waterloo Road photo 4
1330 W Waterloo Road photo 5
1330 W Waterloo Road photo 6
1330 W Waterloo Road photo 7
1330 W Waterloo Road photo 8
1330 W Waterloo Road photo 9
1330 W Waterloo Road photo 10
1330 W Waterloo Road photo 11
1330 W Waterloo Road photo 12
1330 W Waterloo Road photo 13
1330 W Waterloo Road photo 14
1330 W Waterloo Road photo 15
1330 W Waterloo Road photo 16
1330 W Waterloo Road photo 17
1330 W Waterloo Road photo 18
18 photos

$450,000

1330 W Waterloo Road
Akron, OH 44314
Listed by Sylvia Incorvaia · EXP Realty, LLC.
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1964

About this home

This fully rented, turnkey 7-unit property presents a strong investment opportunity with immediate upside potential. Recently renovated, the building consists of 4 studio apartments and 3 two-bedroom units, all fully leased. Current rents are below market, offering room for value-add increases—studio units can be raised to approximately $700 per month, and two-bedroom units to around $850 per month, significantly boosting cash flow. The property is designed with ease of management in mind, featuring a tall crawl space that simplifies maintenance and repairs. Additional income is generated through on-site laundry facilities, and the parking lot provides 7+ spaces, adding convenience and tenant appeal. This is a low-maintenance, income-producing asset in strong rental condition with immediate potential to increase revenue. No showings without a written offer.

Property details

MLS #
5139134
Property type
Apartment
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
N/A
Garage spaces
N/A
Lot size
0.2479 acres
Loading map…

Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Sam Salem Community Learning Center
0.23 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
334
Student:teacher ratio
11.9:1
District
Akron City
Middle
Innes Community Learning Center
1.19 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
711
Student:teacher ratio
14.2:1
District
Akron City
High
Kenmore/Garfield High School
1.24 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
833
Student:teacher ratio
10.5:1
District
Akron City

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$2,860/mo
$90,000 down
$360,000 loan
Principal & interest$2,335
Property tax (est.)$375
Home insurance (est.)$150

Similar homes you might like

Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated November 6, 2025.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.