Duplex at 382 Madison Avenue, Akron
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$140,000

382 Madison Avenue
Akron, OH 44320
Listed by Christopher A Frederick · Coldwell Banker Schmidt Realty
Bedrooms
6
Bathrooms
2
Living area
3,277 sqft
Year built
1924

About this home

ATTENTION INVESTORS! TURNKEY, FULLY OCCUPIED & CASH FLOWING FROM DAY ONE! Exceptional opportunity to acquire a well-maintained duplex w/6 total bedrooms, recent cosmetic updates, two quality tenants already in place. Current photos are recent & reflect the property's current condition. Each spacious unit offers 3 bedrooms, a smart & comfortable floor plan, gleaming hardwood floors, modern kitchens & baths, attractive finishes designed to provide comfortable living and help attract long-term tenants. Charming exterior combines brick & shake-style siding for excellent curb appeal. Both units are separately metered, including water, w/tenants responsible for all utilities. Current month-to-month rents are $850 and $799 per month, both quality tenants would like to remain. Provides immediate income from day one w/flexibility of month-to-month leases & potential future rental upside. Property has been professionally managed, management can remain in place for a seamless transition or be changed at the buyer's discretion. Additional improvements include an updated electrical system w/breaker panel & one newer furnace. Excellent opportunity for a first-time investor looking for an easy entry into rental real estate or an experienced investor seeking to add another performing property to their portfolio. PLEASE DO NOT DISTURB THE TENANTS. SHOWINGS WILL ONLY BE PERMITTED AFTER AN ACCEPTABLE OFFER HAS BEEN RECEIVED. Serious, qualified buyers only. No wholesalers and no owner financing.

Property details

MLS
NOWDD
MLS #
5237537
Property type
Duplex
Subdivision
Crestland Park
Status
Active
Days on market
39
On market date
September 4, 2026
Stories
2
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.1302 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.

Elementary
Portage Path Community Learning Center
0.64 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
237
Student:teacher ratio
12.5:1
District
Akron City
Middle
I Promise School
1.05 mi away · Grades 3-7
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
534
Student:teacher ratio
11.4:1
District
Akron City
High
Buchtel Community Learning Center
0.51 mi away · Grades 6-12
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
862
Student:teacher ratio
10.9:1
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).

65
Walkable
out of 100
EPA National Walkability Index
8.2 / 20 -- Below average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores4
Parks10
Schools10
Transit stops20
Pharmacies3

Market position

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

On the market 39 days -- 12 fewer days than Akron's current average of 51 days.
For reference, the median list price across 1,123 active listings in Akron right now is $134,900.

Mortgage calculator

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Est. monthly payment
$993/mo
$28,000 down
$112,000 loan
Principal & interest$726
Property tax (est.)$117
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 4 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.