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

56 Vesper St, Akron, OH, 44310

3beds
2baths
1,709sqft
$109,900
$64price/sqft
$981/moest. monthly cost
$39,240/yrincome needed

About This Home

Attention investors! Turnkey, fully occupied duplex located on a desirable street & offering immediate rental income. Whether you're looking for an easy first investment property or a solid addition to your existing portfolio, this affordable opportunity deserves your attention. Property features a long-term second-floor tenant currently on a month-to-month lease paying $575 per month and a newer first-floor tenant occupying the efficiency unit at $595 per month. Separate gas & electric meters help minimize owner expenses, while the owner currently pays water, sewer & trash services. Additional features include off-street parking, partially fenced yard and a full basement providing storage and utility space. Property is not perfect but is in decent overall condition with some nice updates and has provided reliable income for a long-term owner who is now selling a portfolio after more than 20 years of ownership. This is a practical investment opportunity with existing cash flow, manageable operating expenses and upside potential for future improvements or rent adjustments. Please do not disturb the tenants. Showings will be provided after an acceptable offer has been negotiated. No wholesalers/no owner financing. Don't miss this chance to acquire a fully occupied income-producing property at an affordable price.

Getting Around

68
WalkingSomewhat Walkable
35
TransitSome Transit
55
BikeBikeable

Schools

5/10
North High SchoolGrades PK,9-121.0 mi

Construction

Condition

  • Year built: 1914

Materials

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

Type & Style

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

Interior

Appliances

  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Finished area above ground: 1,709

Heating & Cooling

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

Interior Area

  • Total structure area: 1,709
  • Total interior livable area: 1,709 sqft

Property

Details

  • Parcel number: 6740376

Features

  • Levels: Two
  • Stories: 2
  • Fencing: Fenced,Partial

Lot

  • Lot size: 5,000 sqft

Parking

  • Parking features: On Street

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
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Lightning
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 $555$6,660
Home Insurance *$97$1,164
Property Taxes $136$1,632
Electricity $193$2,320
Total$981$11,772
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$33,634/yr
40% on housing$29,430/yr
45% on housing$26,160/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: 10.8%
10.8%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$64This listing

vs Other Active Listings

Avg $/sqft

ZIP 44310$74
Summit County$115

vs Homes Sold Last Month

Median $/sqft

ZIP 44310$105
Summit County$151

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
2026-06-16Listed for sale$109,900
2025-09-05Listing removed$78,900
2025-08-28Listed for sale$78,900
2005-05-11Sold$40,000
1995-12-12Sold$40,500

For Sale by Agent

AgentChristopher A Frederick
BrokerageColdwell Banker Schmidt Realty

Similar Homes