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352 Mcgowan Street

Akron, OH 44306

5 beds
4 baths
2,016 sqft
3,084 sqft lot
$83 per sqft
1928 build
– on site

Turnkey investment with tenants in place in 3 units. Rents are under market and tenants know rent will be increased. They are all month-to-month. Some units need improvement but everything is functional. Landlord pays all utilities but they are very reasonable. Unit#4 and basement can be viewed without an appointment. 36 hours notice to view occupied units. Cap rate is nearly 10% at existing rents. When rents go to market rate, the cap rate will increase dramatically.

Listing courtesy of MLS_NOW / Snyder & Snyder Real Estate

Last checked: Checking… • Last updated Apr 11, 2025 •

MLS# 5113755 —

The Building

Year Built:

1928
Year Built Source:

PublicRecords
Construction Materials:

VinylSiding,WoodSiding
Levels:

ThreeOrMore
Stories:

3
Roof:

Asphalt,Fiberglass
Basement:

true
Foundation:

Block
# of Buildings:

1
Stories Total:

3
Above Grade Finished Area:

2016.0
Above Grade Finished Area Source:

PublicRecords

Interior

Rooms Total:

7

Room Dimensions

Living Area:

2016.0
Living Area Units:

SquareFeet

Location

Directions:

E Exchange to Beaver St to McGowan.
Latitude:

41.068919
Longitude:

-81.499222

The Property

Parcel Number:

6707459
Property Type:

ResidentialIncome
Property Subtype:

Quadruplex
Property Subtype Additional:

Quadruplex
Lot Size Acres:

0.0708
Lot Size Area:

0.0708
Lot Size Units:

Acres
Lot Size Source:

Assessor
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Legal Description:

TR 8 LOT 3 E 67.5FT ON GAGE ST .070A
Tax Annual Amount:

$2,691

Beds

Bedrooms Total:

5

Baths

Total Baths:

4
Full Baths:

4

The Listing

Listing Terms:

Cash,Conventional
Home Warranty:

false
Virtual Tour URL Unbranded 3:

https://www.propertypanorama.com/352-Mcgowan-Street-Akron-OH-44306/unbranded

Heating & Cooling

Heating:

ForcedAir,Gas
Heating:

true
Cooling:

None
Cooling:

false

Utilities

Sewer:

PublicSewer
Water Source:

Public

Appliances

Appliances:

Range,Refrigerator
Laundry Features:

InBasement

Schools

Elementary School District:

Akron CSD - 7701
Middle School District:

Akron CSD - 7701
High School District:

Akron CSD - 7701

The Community

Subdivision Name:

Portage
Pool Private:

false

Parking

Garage:

false
Attached Garage:

false
Carport:

false
Parking Features:

NoGarage,OffStreet,OnStreet

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/11/25 Apr 11, 2025	Listed / Active	MLS_NOW	$169,000

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This multifamily located in Middlebury, Akron, OH 44306 is currently for sale for $169,000. 352 Mcgowan Street is a 2,016 square foot multifamily with 5 beds and 4 baths that has been on Estately for 5 days. 352 Mcgowan Street is in the Middlebury neighborhood of Akron and has a WalkScore® of 56, making it somewhat walkable. This multifamily is in the attendance area of East Community Learning Center and Mason Community Learning Center.

Listing Courtesy of: MLS_NOW and Snyder & Snyder Real Estate.

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.