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201 203 South Prospect St, Kent, OH, 44240

4beds
2baths
1,728sqft
$214,900
$124price/sqft
$1,607/moest. monthly cost
$64,280/yrincome needed

About This Home

*Do NOT disturb tenants or walk property without a confirmed appointment!* Turn-Key Duplex Investment in the Heart of Kent! Don't miss this outstanding opportunity to own a well-maintained side-by-side duplex on a quiet residential street, just minutes from downtown Kent and Kent State University. Each spacious unit features 2 bedrooms, 1 full bath. Tenants enjoy a comfortable living area on the main level, and private bedrooms and bath upstairs. Outside, tenants will appreciate the detached garage along with a second outbuilding, offering additional storage and functionality rarely found in comparable properties. Currently leased thru 7/31/2027, tenants paying $1,100/mth and $975/mth, the property generates immediate rental income while providing the flexibility to adjust rents up or explore future occupancy options. Newer furnaces in both units. Some newer windows too. Tenants pay all utilities. Located just minutes from Kent State University, downtown Kent's restaurants, shopping, entertainment, and year-round community events, this property offers the perfect combination of convenience, strong rental demand, and long-term appreciation potential. Whether you're a seasoned investor expanding your portfolio or purchasing your first income-producing property, this turn-key duplex is a smart investment with immediate cash flow. Looking for more investment opportunities? The seller is offering multiple income-producing properties in Stow, Kent, Canton, and Akron. Contact me for additional information on this unique investment portfolio and available package opportunities.

Getting Around

54
WalkingSomewhat Walkable
0
TransitVery Limited Transit
56
BikeBikeable

Schools

6/10
Davey Elementary SchoolGrades PK-50.4 mi
8/10
Stanton Middle SchoolGrades 6-81.2 mi
7/10

Construction

Condition

  • Year built: 1920

Materials

  • Roof: Asphalt,Fiberglass
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Appliances included: Range,Refrigerator
  • Laundry features: In Unit

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished,Walk-Up Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Window features: Double Pane Windows
  • Finished area below ground: 0
  • Finished area above ground: 1,728

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: None,Wall Unit(s),Wall/Window Unit(s)

Interior Area

  • Total structure area: 1,728
  • Total interior livable area: 1,728 sqft

Property

Details

  • Parcel number: 170252000109000

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Private Yard
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 9,600 sqft
  • Features: Back Yard

Parking

  • Total spaces: 2
  • Parking features: Alley Access,Driveway,Detached,Garage,Unpaved
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2