Listed by Greg Stearn of RE/MAX Trends Realty (sales@teamstearn.com,330-418-1212)
Versatile multifamily opportunity in Akron with strong income and value-add potential. This fully occupied triplex offers immediate cash flow with long-term tenants in place, while presenting an excellent opportunity to increase rents-two of the units (2347 up and down) have not had rent increases since the sellers purchased the property. The property features three units: 2347 Lower - 1 bedroom, 1 bathroom, utility room, living room, and kitchen. 2347 Upper - 2 bedrooms, 1 bathroom, living room, kitchen, and sliding door access to a fenced backyard. 2349 Unit - 2 bedrooms, 1 bathroom, kitchen with laundry area, and a bright living room. The 2349 unit has been remodeled, including upgraded windows in 2026. The 2347 units have had HVAC updates 4/22/2021, but limited additional improvements due to below-market rents-offering significant upside for the next owner. Additional highlights include a large paved parking area for tenant convenience and two units with washer/dryer hookups. Kitchens in all units include a range and refrigerator, which will transfer with the sale. Expenses are manageable, with the landlord currently paying approximately $250/month for city utilities (water, sewer, and trash) for the entire building. Major updates include the roof (2012), furnaces believed to be under 6 years old, and hot water tanks approximately 10 years old (ages are estimates, not guaranteed). All units are currently leased on a month-to-month basis, providing flexibility for rent adjustments or future improvements. Conveniently located near major routes, shopping, and local amenities, this property presents a compelling opportunity for investors seeking cash flow, portfolio expansion, or a value-add project. Property is being sold AS IS. Investor special with strong upside-don't miss the opportunity to unlock this property's full potential!

Listing Tools

Property Details of 2347-2349 Nicholas Avenue

Property Details

Interior Features

Exterior Features

Map Location

Based on information submitted to MLS Now as of May 19, 2026 11:30 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. Listing information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Tracy Marx. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.