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Commercial Real Estate for Sale at 1842 Grace Road in Akron, OH for $600,000

Listing data last changed 10/31/2025 - 10:07pm
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1842 Grace Road | Akron

$600,000 | 0.0 Sq. Ft.

Don\u2019t miss this rare opportunity to own a fully-operational ten-unit apartment complex in Springfield Township! Each unit features one bedroom and one bathroom, providing a simple and efficient layout that appeals to long-term tenants and investors alike.\r\n\r\nThis property has undergone major recent upgrades including a brand-new septic system (2025), a new water filtration system, new gas lines and freshly snaked drain lines\u2014offering peace of mind and reducing future maintenance costs.\r\n\r\nAll units are separately metered for electric, and the property offers ample on-site parking for tenants. Conveniently located near I-77 and I-76, residents enjoy quick access to downtown Akron, local employers, restaurants, and retail.\r\n\r\nHighlights:\r\n\r\n(10) One-bedroom, one-bath units\r\n\r\nBrand-new septic system (2025)\r\n\r\nNew water filtration system (2025)\r\n\r\nNew Gas Lines (2025)\r\n\r\nSeparately metered electric\r\n\r\nAmple on-site parking MLSNow 5164922 Directions to property: Showings available upon accepted purchase agreement.

MLS Listing ID: 
MLSNow 5164922
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$600,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Akron
Address: 
1842 Grace Road, Akron, OH 44312
County: 
Summit
Latitude: 
41.0061520
Longitude: 
-81.4247770
Directions: 
Showings available upon accepted purchase agreement.
Public Remarks: 
Don\u2019t miss this rare opportunity to own a fully-operational ten-unit apartment complex in Springfield Township! Each unit features one bedroom and one bathroom, providing a simple and efficient layout that appeals to long-term tenants and investors alike.\r\n\r\nThis property has undergone major recent upgrades including a brand-new septic system (2025), a new water filtration system, new gas lines and freshly snaked drain lines\u2014offering peace of mind and reducing future maintenance costs.\r\n\r\nAll units are separately metered for electric, and the property offers ample on-site parking for tenants. Conveniently located near I-77 and I-76, residents enjoy quick access to downtown Akron, local employers, restaurants, and retail.\r\n\r\nHighlights:\r\n\r\n(10) One-bedroom, one-bath units\r\n\r\nBrand-new septic system (2025)\r\n\r\nNew water filtration system (2025)\r\n\r\nNew Gas Lines (2025)\r\n\r\nSeparately metered electric\r\n\r\nAmple on-site parking
Community Information
School District: 
Springfield LSD Summit- 7713
Subdivision: 
Emmons Small Farms
Building Details
Details about the building on a property.
Year Built: 
1948
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: 
Other
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.99
Lot Size (Area): 
0.99
Public Record
Parcel Number: 
5105920
Annual Tax: 
$4,803.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Disclosures: 
Principal is Real Estate Licensed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Century 21 Carolyn Riley RL. Est. Srvcs, Inc.

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