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Commercial Real Estate for Sale at 594-598 Blaine Avenue in Akron, OH for $642,500

Listing data last changed 11/01/2025 - 3:05am
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594-598 Blaine Avenue | Akron

$642,500 | 0.0 Sq. Ft.

Outstanding fully renovated investment opportunity in Akron, Ohio, delivering both immediate stability and strong upside potential. This 7-unit property package has undergone over $250,000 in recent capital improvements, including new mechanicals, water heaters, plumbing, roof, windows, electrical systems, and refreshed interiors. With the heavy lifting already completed, investors can step directly into a stabilized, turnkey asset poised for consistent performance.\r\n\r\nSignificant value-add potential remains, with the ability to convert 1-bedroom units into 2-bedrooms through minimal construction and renovation, offering a clear path to increasing NOI. Situated in a strategic Akron location near major employers, schools, retail, and transit, the property is well positioned to maintain strong occupancy while capturing long-term growth. This represents a rare chance to acquire a fully updated, income-producing property with both immediate cash flow and additional upside!\r\n\r\nInvestment analysis and financials available upon request! MLSNow 5161392 Directions to property: W Talmedge \u0026 Blaine Ave

MLS Listing ID: 
MLSNow 5161392
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$642,500
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Other
Primary Market Area: 
Akron
Address: 
594-598 Blaine Avenue, Akron, OH 44310
County: 
Summit
Latitude: 
41.1014710
Longitude: 
-81.5125610
Directions: 
W Talmedge \u0026 Blaine Ave
Public Remarks: 
Outstanding fully renovated investment opportunity in Akron, Ohio, delivering both immediate stability and strong upside potential. This 7-unit property package has undergone over $250,000 in recent capital improvements, including new mechanicals, water heaters, plumbing, roof, windows, electrical systems, and refreshed interiors. With the heavy lifting already completed, investors can step directly into a stabilized, turnkey asset poised for consistent performance.\r\n\r\nSignificant value-add potential remains, with the ability to convert 1-bedroom units into 2-bedrooms through minimal construction and renovation, offering a clear path to increasing NOI. Situated in a strategic Akron location near major employers, schools, retail, and transit, the property is well positioned to maintain strong occupancy while capturing long-term growth. This represents a rare chance to acquire a fully updated, income-producing property with both immediate cash flow and additional upside!\r\n\r\nInvestment analysis and financials available upon request!
Community Information
School District: 
Akron CSD - 7701
Subdivision: 
O B York Allotment
Building Details
Details about the building on a property.
Year Built: 
1924
Living Area: 
0.0
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Radiator(s)
Water Source: 
Public
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.32
Lot Size (Area): 
0.32
Lot Features
Parking Type: 
Additional Parking,Direct Access,Detached,Garage
Total Parking Spaces: 
14
Public Record
Parcel Number: 
6849194
Annual Tax: 
$5,290.16
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Home Equity Realty Group

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