1038 Clay Street Akron, OH 44301

Multi Unit - Multiple MLS 5247779 New to the Market
4 beds 2 full baths
Active $169,900
  • 1038 Clay Street , Akron, OH 44301 Photo 1
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Listed By

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

Shown By

Agent Name: Doug Green
Agent Phone: (614) 893-8772
Agency Title: Cutler Real Estate

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Property Description

Strong turnkey investment opportunity at **1036/1038 Clay St in Akron, Ohio**. This fully remodeled duplex is **fully occupied by long-term tenants**, providing immediate and stable rental income from day one. One tenant is through **Section 8**, while the other receives **disability-based rental assistance**, with the property generating a combined **$2,060 per month in fully subsidized rents**. With both units already occupied by established tenants and rents supported through subsidy programs, the property offers investors a highly stabilized income stream with reduced lease-up risk. The duplex has been **fully remodeled**, allowing a new owner to step into an income-producing asset without taking on a major renovation project. **1036/1038 Clay St is also available as part of a package with 1032/1034 Clay St. Together, the two fully occupied duplexes generate nearly $4,000 per month in combined rental income**, giving investors the opportunity to acquire four stabilized units in one location and immediately add scale to their Akron rental portfolio. Located in Akron with convenient access to employment, shopping, schools, public transportation, and major roadways, this property is well suited for investors seeking a **turnkey, fully occupied, subsidy-backed rental property with long-term tenants and dependable monthly cash flow**.

1038 Clay Street | MLS# 5247779

This multi-family property located at 1038 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.douggreenrealtor.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Cooling: None
Garage: 2
Heating: Forced Air
Lot Size: 0.11 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $1,504 / year
Year Built: 1926

Feature Descriptions

Exterior: Wood Siding
Parcel#: 6837441
Parking: Garage
Sewer: Public Sewer
Water: Public

Local Schools

School District: Akron City

Estimate Your Payment

Estimated Payment

$ 1,094.74 per month $919.85 Principal & Interest $125.33 Property Tax $49.55 Homeowner's Insurance

Change Payment Information

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yearly (est.)
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Croos Country Mortgage

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