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$399,900
10 Days On Site

2531 Pelton Avenue
Akron, OH 44314

For Sale|Quadruplex|Active
8
Beds
4
Total Baths
4
Full Baths
2,688
SqFt
$149
/SqFt
1958
Built
Subdivision:
Nesmith Lake Heights
County:
Summit

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2531 Pelton Avenue2531 Pelton Avenue2531 Pelton Avenue2531 Pelton Avenue
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Excellent investment opportunity! This well-maintained, fully occupied 4-unit brick ranch is truly turn-key. Each unit offers 1,344 total square feet—featuring 672 square feet of living space with 2 bedrooms and 1 bathroom, plus individual 672-square-foot basements with in-unit washers and dryers. All utilities are separately metered, and tenants pay their own gas and electric. Three of the four units have been tastefully renovated with updated kitchens and bathrooms, vinyl flooring, modern fixtures, and fresh paint. The fourth unit is home to a 27-year tenant who prefers the original charm just as it is. Major systems have been professionally upgraded, including extensive plumbing, electrical, and gas line work. Additional improvements include many newer appliances, numerous replaced windows, an excellent-condition roof, and well-maintained gutters and downspouts. The basements have also been waterproofed for added peace of mind. Tenants enjoy off-street parking and a convenient location near highways, shopping, dining, and Portage Lakes. With happy long-term tenants and a strong rental history, this property is a rock-solid addition to any investment portfolio.

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Listing Snapshot
Price 
$399,900
Days On Site 
10 Days
Bedrooms 
8
Inside Area (SqFt) 
2,688 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.1722 Acres
Year Built 
1958
MLS® Number 
5145927
Status 
Active
Property Tax 
$4,346
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing first seen on site
2 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.1722
Disclosures 
Principal Is Real Estate Licensed
Foundation 
Block
Number Of Stories 
1
Parking 
CommonDriveway
Property Condition 
Updated/Remodeled
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
SqFt Above 
2688
Stories 
One
Water Source 
Public
Interior Features
Appliances 
DryerRangeRefrigeratorWasher
Basement 
FullInterior Entry
Cooling 
Wall/Window Unit(s)
Heating 
Natural GasForced Air
Laundry Features 
In Basement
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Exterior Features
Construction Details 
Brick
Roof 
AsphaltFiberglass
Community Features
School District 
Akron CSD - 7701
Township 
Akron
Schools
School District
Akron CSD - 7701
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Denise Capriola of Key Realty



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged. Information Deemed Reliable But Not Guaranteed. Copyright 2025 - Multiple Listing Service, Inc. – All Rights Reserved.

Neighborhood & Commute
Source: Walkscore
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