1034 Clay Street, Akron, OH 44301

$169,900
  • 1034 Clay Street, Akron, OH 44301 Main Photo
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BEDS4 BATHS2 full MLS#5247757
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONGrant & Steinert SCHOOLAkron City

Property Description

Strong turnkey investment opportunity at 1032/1034 Clay St in Akron, Ohio. This fully remodeled duplex is fully occupied by long-term tenants generating a combined $1,925 per month in rental income. One unit is occupied by a Section 8 tenant, while the other tenant receives disability-based rental assistance, providing a stabilized, subsidy-supported income stream and immediate cash flow from day one. The property has been comprehensively renovated, allowing an investor to acquire a turnkey, income-producing duplex without taking on a major renovation or lease-up project. With established long-term tenants already in place and subsidized rental income, the property offers an attractive combination of occupancy stability, dependable monthly income, and simplified ownership. 1032/1034 Clay St is also available as part of a package with 1036/1038 Clay St. Together, the two fully occupied duplexes generate nearly $4,000 per month in combined rental income, giving investors the opportunity to acquire 4 occupied units in one location and immediately add scale to their Northeast Ohio rental portfolio. Located in Akron with convenient access to employment, shopping, public transportation, major roadways, and the broader Cleveland-Akron investment market, this property is well positioned for investors seeking a high-cash-flow, fully renovated, Section 8 and subsidized rental investment. For investors looking for a turnkey Akron duplex, Section 8 investment property, subsidized housing investment, buy-and-hold rental, or cash-flowing Northeast Ohio multifamily property, 1032/1034 Clay St offers a strong combination of renovated condition, long-term tenancy, subsidy-supported rents, immediate income, and package-sale potential.

1034 Clay Street | MLS# 5247757

This multi-family property located at 1034 Clay Street, Akron, OH 44301 is currently listed for sale with an asking price of $169,900. Clay Street is located within the Akron City school district. Search Akron real estate on www.lydiawalls.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Cooling: None
Garage: 2
Heating: Forced Air
Lot Size: 0.12 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,478 / year
Year Built: 1926

Feature Descriptions

Days on Site: 5
Exterior: Wood Siding
Parcel#: 6736374
Parking: Garage
Sewer: Public Sewer
Water: Public

Local Schools

School District: Akron City

Listed By / Shown By

Listed By

Agency Name: Home Equity Realty Group
Agency Contact: garrett.rowan@heqrealty.com;803-992-1429

Shown By

Agent Name: Lydia Walls
Agent Phone: (937) 935-5597
Agency Title: Key Realty

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Estimated Payment

$ 1,123.09 per month $950.37 Principal & Interest $123.17 Property Tax $49.55 Homeowner's Insurance

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