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2151 8th St SW, Akron, OH, 44314

8beds
4baths
--sqft
$90,000
--price/sqft
$854/moest. monthly cost
$34,160/yrincome needed

About This Home

Unlock the potential of this exceptional value-add investment opportunity in Akron! This four-unit multifamily property is perfect for investors looking to renovate and build equity. One unit is currently occupied, providing immediate rental income, while the remaining three units are vacant and ready for a complete renovation—allowing you to maximize rents and create significant upside. Situated on a quiet dead-end street, this property offers a peaceful setting with reduced traffic while remaining conveniently located near local amenities, shopping, and major highways. Whether you're looking to expand your rental portfolio, execute a BRRRR strategy, or add a strong cash-flowing asset after renovations, this is an opportunity you won't want to miss. Bring your vision and transform this multifamily property into a high-performing investment! Selling AS-IS. Buyer to do their own due diligence. Occupied unit is $850 per month, month to month lease. AMHA pays $526, Tenant pays $324. Gas/Electric paid by tenant, water paid by landlord City violations list available upon request.

Getting Around

56
WalkingSomewhat Walkable
33
TransitSome Transit
54
BikeBikeable

Schools

3/10
4/10
Garfield High SchoolGrades 9-122.1 mi

Construction

Condition

  • Property condition: Fixer
  • Year built: 1913

Materials

  • Foundation: Block
  • Roof: Asphalt,Fiberglass
  • Construction materials: Aluminum Siding,Vinyl Siding

Type & Style

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

Interior

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4
  • Full bathrooms: 4

Heating & Cooling

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

Property

Details

  • Parcel number: 6838676

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 10,349 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
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Lightning
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 $455$5,460
Home Insurance *$95$1,140
Property Taxes $111$1,332
Electricity $193$2,320
Total$854$10,248
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$29,280/yr
40% on housing$25,620/yr
45% on housing$22,773/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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 44314$62
Summit County$115

vs Homes Sold Last Month

Median $/sqft

ZIP 44314$98
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)

No zestimate history available

Price History

DateEventPrice
2026-08-10Pending sale$90,000
2026-07-29Listed for sale$90,000

For Sale by Agent

AgentRyan Sackman
BrokerageKeller Williams Greater Cleveland Northeast

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