See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

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

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Ice Storm
Strong Wind
Winter Weather

FEMA Declared Disasters Across Ohio Counties

Flood
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,086$13,032
Home Insurance *$110$1,320
Property Taxes $218$2,616
Electricity $193$2,320
Total$1,607$19,284
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$55,097/yr
40% on housing$48,210/yr
45% on housing$42,853/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.6%
6.6%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$124This listing

vs Other Active Listings

Avg $/sqft

ZIP 44240$151
Portage County$154

vs Homes Sold Last Month

Median $/sqft

ZIP 44240$162
Portage County$174

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-14Listed for sale$214,900
2021-09-23Sold$166,000
2021-03-24Listing removed--
2020-07-14Listing removed$143,900
2020-04-14Listed for sale$143,900
2019-11-18Listing removed$139,900
2019-08-17Price change$139,900
2019-08-08Price change$144,900
2019-07-30Listed for sale$149,900

For Sale by Agent

AgentJodi L Mignano
BrokerageKeller Williams Chervenic Rlty

Similar Homes