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1288 Pondview Ave, Akron, OH, 44305

5beds
3baths
3,002sqft
$155,000
$52price/sqft
$1,426/moest. monthly cost
$57,040/yrincome needed

About This Home

Attention investors! Don't miss this excellent opportunity to add a well-maintained, fully occupied triplex to your investment portfolio. Featuring quality long-term month-to-month tenants who would like to remain, property offers immediate cash flow from day one and is situated on a quiet, desirable street. Building consists of two spacious 2-bedroom units on the first and second floors, plus a comfortable 1-bedroom unit on the third floor. Each apartment offers bright, light-filled living spaces, functional floor plans, and has been well cared for, making it ideal for attracting and retaining quality tenants. Current monthly rents (non-Section 8) are: 1st Floor - $850, 2nd Floor - $795, and 3rd Floor - $675. Separate gas and electric utilities for each unit help minimize owner expenses, while the owner is responsible for water, sewer, and trash. Property also features updated electrical and solid mechanical systems, providing added peace of mind for the new owner. Turnkey income-producing property with stable occupancy and excellent long-term investment potential. Out of respect for the tenants, please do not disturb occupants. No interior showings will be permitted until an offer has been accepted. No wholesaler offers or owner financing will be considered. Fantastic opportunity to acquire a performing asset w/immediate rental income—add this one to your portfolio today!

Getting Around

54
WalkingSomewhat Walkable
33
TransitSome Transit
42
BikeSomewhat Bikeable

Schools

4/10
3/10

Construction

Condition

  • Year built: 1920

Materials

  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Finished area above ground: 3,002

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: None

Interior Area

  • Total structure area: 3,002
  • Total interior livable area: 3,002 sqft

Property

Details

  • Parcel number: 6821259

Features

  • Levels: Three Or More
  • Stories: 3

Lot

  • Lot size: 5,000 sqft

Parking

  • Parking features: Driveway,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
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
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 $783$9,396
Home Insurance *$130$1,560
Property Taxes $192$2,304
Electricity $321$3,863
Total$1,426$17,112
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$48,891/yr
40% on housing$42,780/yr
45% on housing$38,026/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

$52This listing

vs Other Active Listings

Avg $/sqft

ZIP 44305$72
Summit County$115

vs Homes Sold Last Month

Median $/sqft

ZIP 44305$117
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
2026-07-20Listed for sale$155,000
2026-07-08Pending sale$155,000
2026-07-02Listed for sale$155,000
2025-09-05Listing removed$139,900
2025-08-28Listed for sale$139,900
2007-02-28Sold$40,000
1995-02-07Sold$20,000

For Sale by Agent

AgentChristopher A Frederick
BrokerageColdwell Banker Schmidt Realty

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