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$299,900

228 Cole Avenue
Akron, OH 44301
Listed by Mandria Aceto · Realuxe Ohio
Bedrooms
4
Bathrooms
4
Living area
3,360 sqft
Year built
1928

About this home

House Hack Opportunity! A great opportunity for owner-occupants, FHA buyers, and investors—this solid brick 4-unit multifamily property offers a rare opportunity to live in one unit while collecting rental income from the other three. Whether you’re looking to reduce your monthly housing costs or start building your real estate portfolio, this property checks all the boxes. Each spacious unit features 1 bedroom, 1 bathroom, a living room, dining room, and a bonus room. The property is currently fully occupied, with two units renting for $500/month and two units renting for $750/month, providing immediate cash flow with room to increase rents over time. Looking for even more upside? The lower level offers the potential to be finished and converted into two additional units

Property details

MLS #
5231356
Property type
Quadruplex
Subdivision
Cole Ave Allotment
Status
Active
Days on market
2
On market date
July 27, 2026
Stories
2
Garage spaces
N/A
Lot size
0.1302 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
McEbright Community Learning Center
0.26 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
208
Student:teacher ratio
10.4:1
District
Akron City
Middle
Miller-South Visual Performing Arts
1.94 mi away · Grades 4-8
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
357
Student:teacher ratio
11.9:1
District
Akron City
HighCharter
Akron Career Tech High School
0.97 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
28
Student:teacher ratio
5.6:1
District
Akron Career Tech High School

Mortgage calculator

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Est. monthly payment
$1,956/mo
$59,980 down
$239,920 loan
Principal & interest$1,556
Property tax (est.)$250
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 22 days ago.

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.