12 days on rocket

1939 Preston Ave, Akron, OH, 44305

$189,000

Home List Price

$2,244*

Closing Credit

4 Bedrooms
2 Full Baths
Multi
Schools Nearby

Location

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1939 Preston Ave, Akron$189,000

Buyer Closing Credits

$2,244*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingParking Lot
Year Built1963
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #5034088
Lot Size0.15 Acres
StatusActive

About 1939 Preston Ave

Welcome to 1937-1939 Preston Ave, Akron, Ohio – your prime investment opportunity awaits! This renovated duplex is included in a 4 property – 8 unit package ONLY for $756,000 bringing in $7,000 total rent between all of the properties, all nestled together on a private street with their own parcel numbers, is the epitome of a cash cow property, boasting full occupancy and impressive rental income. Has potential to bring 16% cash on cash return. Each unit, featuring two bedrooms and one bath with an open concept layout, exudes modern charm with new kitchens and bathrooms. With tenants responsible for all utilities, enjoy a hassle-free investment experience. Central air in each unit ensures year-round comfort, while new decks offer outdoor relaxation. This property also includes an attached parking lot for convenience. These properties are well managed and has no deferred maintenance with a reliable maintenance personnel. This package provides a lucrative investment portfolio opportunity. Don't miss out – seize this chance to elevate your investment portfolio today! Do not disturb tenants.(4 Building package includes: 1919/1921 Preston Ave., 1925/1927 Preston Ave., 1931-1935 Preston Ave. & 1937/1939 Preston Ave.)

Property Details

Property Features

Property Information:

  • Year Built: 1963
  • Stories: 2

Listing Office:

  • Office Name: Keller Williams Citywide
  • Office Phone: (440) 590-5219
  • Listing Agent: Mark A Colucci

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Parking Lot

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Off Congo St. by Preston Park

Price Information

Listing Price Info

Price Summary:

  • List Price: $189,000

Tax Information:

  • Annual Amount: $1,373
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Akron, OH.

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Akron, OH

City

Med. Sold Price

$130K

Med. Price/SqFt

$99

Avg. Days On Market

39

# of Sold Homes

257

1939 Preston Ave vs Akron

12 DAYS ON ROCKET

-27 Days

$189,000

+$59K More

KEY TAKEAWAY

This property is $59K more than the Median Sold Price in Akron, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5034088

Listing Office:

  • Office Name: Keller Williams Citywide
  • Office Phone: (440) 590-5219
  • Listing Agent: Mark A Colucci

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/10/2024, 11:20:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 02, 2018Home Sold
$305,000
Mar 30, 2017Home Sold
$200,000
May 25, 2010Home Sold
$85,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,373$24,580
2019$1,373$17,500
2018$1,356$17,500
2017$1,707$22,425

History based on county public records data.

Payment Calculator

$1,011

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$633

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-9784412
5
/10

  • Windemere Clc

  • 2283 Windemere Ave

  • 0.55 miles

  • Public District Grades KG-5

school-card-donut-9784413
4
/10

  • Hatton Clc

  • 1933 Baker Ave

  • 1.04 miles

  • Public District Grades KG-5

school-card-donut-9784414
5
/10

  • Betty Jane Community Learning Center

  • 444 Darrow Rd

  • 1.07 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,458. Typical income of Akron, OH residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Summit County›Akron›44305›1939 Preston Ave

This home is located at 1939 Preston Ave in Akron, OH and zip code 44305 in the Goodyear Heights neighborhood. This home, which was built in 1963, sits on a 0.15 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 27, 2024 and is currently priced at $189,000.

Akron, OH housing market in April 2024 saw over 103 listings sold above listed price, more than 46 sold at listed price and over 108 sold below. The number of homes for sale in Akron, OH decreased by 0.7% between March 2024 and April 2024. In April 2024 median list price was $130,000 and the average listing age was 39 days.

From Rocket Homes Real Estate and based on county public records data.

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