1 of 46

Want to see this property?

206 Olivet Avenue

Akron, OH 44319

4 beds
5 baths
2,530 sqft
9,004 sqft lot
$98 per sqft
1924 build
– on site

Prime Investment Opportunity in Portage Lakes- Fully Rented Duplex! 2 nicely-renovated units plus the garage could generate another $500/mo or more, for a total potential income of $2500/mo. Seize the chance to own a beautifully remodeled 4-bedroom, 4.5 bathroom duplex in the highly desirable Portage Lakes area! This turn-key investment is already generating $2,000/month in rental income, with one-year leases in place. Each unit offers modern updates, in-unit laundry, and has been maintained to match the charm and character of Portage Lakes. A standout feature of this property is the detached garage, large enough to accommodate a pontoon boat or 3-4 cars. The garage is currently owner-occupied and not included in tenant leases, providing additional flexibility and potential income opportunities. With its prime location, strong rental history, and modern upgrades, this duplex is a rare find in Portage Lakes. Whether you're expanding your investment portfolio or looking for a property with income potential, this is an opportunity you don't want to miss! Schedule a showing today!

Listing courtesy of MLS_NOW / Century 21 Homestar

Last checked: Checking… • Last updated Apr 9, 2025 •

MLS# 5111520 —

The Building

Year Built:

1924
Year Built Source:

Appraiser
Construction Materials:

Asbestos,Other
Window Features:

DoublePaneWindows,Drapes,InsulatedWindows,Screens,WoodFrames
Security Features:

SmokeDetectors
Levels:

OneAndOneHalf,One
Stories:

1
Roof:

Asphalt,Shingle
Basement:

FrenchDrain,Partial,Concrete,StorageSpace,Unfinished,SumpPump
Basement:

true
Foundation:

Block,Slab
# of Buildings:

1
Stories Total:

1
Above Grade Finished Area:

2530.0
Above Grade Finished Area Source:

Owner

Interior

Rooms Total:

9
Interior Features:

CeilingFans,Chandelier,HighCeilings,LaminateCounters,PrimaryDownstairs,OpenFloorplan,Pantry,SoakingTub,WiredForData,AirFiltration
Accessibility Features:

AccessibleFullBath,GripAccessibleFeatures
Fireplace:

true
Fireplace Features:

Gas

Room Dimensions

Living Area:

2530.0
Living Area Units:

SquareFeet

Location

Directions:

From South Main St., W Bellisle Dr., Left on Flowerdale Dr., it turns into Olivet. Drive way for property is on Melba St.
Latitude:

41.003546
Longitude:

-81.531212

The Property

Parcel Number:

1910095
Property Type:

ResidentialIncome
Property Subtype:

Duplex
Property Subtype Additional:

Duplex
Property Condition:

UpdatedRemodeled
Lot Features:

LessThanHalfAcre,SlopedDown,NearGolfCourse,IrregularLot,Landscaped,RollingSlope,Wooded
Lot Size Acres:

0.2067
Lot Size Area:

0.2067
Lot Size Units:

Acres
Lot Size Source:

Appraiser
Topography:

Hill
Exterior Features:

Awnings,RainGutters,Storage
Fencing:

None
Waterfront:

false
Other Equipment:

AirPurifier

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

$3,852

Beds

Bedrooms Total:

4

Baths

Total Baths:

5
Full Baths:

4
Half Baths:

1

The Listing

Listing Terms:

Cash,Conventional
Home Warranty:

true
Special Listing Conditions:

Standard
Virtual Tour URL Unbranded 3:

https://www.propertypanorama.com/206-Olivet-Avenue-Akron-OH-44319/unbranded

Heating & Cooling

Heating:

Baseboard,Electric,Fireplaces,Gas,Wood
Heating:

true
Cooling:

CentralAir,CeilingFans,Ductless,EvaporativeCooling,Electric,MultiUnits,SeparateMeters,VariesByUnit,WindowUnits,WallUnits
Cooling:

true

Utilities

Sewer:

PublicSewer
Water Source:

Public

Appliances

Appliances:

Dryer,Dishwasher,Microwave,Range,Refrigerator,WaterSoftener,Washer
Laundry Features:

ElectricDryerHookup,InBathroom,MainLevel,InUnit

Schools

Elementary School District:

Coventry LSD - 7704
Middle School District:

Coventry LSD - 7704
High School District:

Coventry LSD - 7704

The Community

Subdivision Name:

Lake View Heights Allotment
Community Features:

CommonGroundsArea,Fishing,Lake,Playground,Park,Restaurant,Sidewalks
Pool Private:

false
Pool Features:

None

Parking

Garage:

true
Attached Garage:

false
Garage Spaces:

3.0
Carport:

false
Parking Features:

AdditionalParking,Driveway,Detached,Garage,Unpaved

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/9/25 Apr 9, 2025	Price Changed	MLS_NOW	$250,000	-7.4%
4/2/25 Apr 2, 2025	Listed / Active	MLS_NOW	$270,000	718.2% (116.5% / YR)
2/1/19 Feb 1, 2019		MLS_NOW	$33,000

Want a closer look?

Go see 206 Olivet Avenue

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Portage Lakes, OH

Similar sold homes

This multifamily located in Portage Lakes, OH 44319 is currently for sale for $250,000. 206 Olivet Avenue is a 2,530 square foot multifamily with 4 beds and 5 baths that has been on Estately for 13 days. This multifamily is in the attendance area of Turkeyfoot Elementary School, Erwine Intermediate School, Coventry High School, and Coventry Middle School.

Listing Courtesy of: MLS_NOW and Century 21 Homestar.

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 Estately are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The information included in this listing is exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed.