Apartment at 847 Jason Avenue, Akron
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15 photos

$250,000

847 Jason Avenue
Akron, OH 44314
Listed by Augusto Ramirez · Metro Space Realty
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1927

About this home

Excellent investment opportunity with immediate income potential! This is a well maintained four-unit property, featuring three occupied units currently generating rental income, while the fourth unit is vacant and ready for a new tenant or owner occupant. Whether you're looking to expand your investment portfolio or purchase your first multifamily property, this building offers a solid combination of existing cash flow and upside potential. Conveniently located with access to shopping, dining, schools, major highways, and other local amenities. Don't miss the opportunity to own a versatile income-producing property with room to add value.

Property details

MLS #
5225439
Property type
Apartment
Subdivision
Lakewood Heights
Status
Active
Days on market
N/A
On market date
July 7, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.101 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Pfeiffer Elementary School
0.59 mi away · Grades 0-5
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
204
Student:teacher ratio
12.8:1
District
Akron City
Middle
Innes Community Learning Center
0.67 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
0.61 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

Walkability

Blended score for Akron's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

46
Somewhat walkable
out of 100
EPA National Walkability Index
6.0 / 20 -- Below average walkable
Google Places amenity density
70 / 100
Restaurants & cafes10
Grocery stores1
Parks10
Schools5
Transit stops20
Pharmacies0

Market position

How this listing compares to current activity in Akron, from live MLS data.

On the market 0 days -- 50 fewer days than Akron's current average of 50 days.
For reference, the median list price across 806 active listings in Akron right now is $129,900.

Mortgage calculator

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

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Adjust tax / insurance estimates
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Est. monthly payment
$1,656/mo
$50,000 down
$200,000 loan
Principal & interest$1,297
Property tax (est.)$208
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated July 7, 2026.

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.