6
See all 6 photos
$169,900
Est. payment /mo
4 Beds
2 Baths
5,179 Sqft Lot
New
1034 Clay ST Akron, OH 44301
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Grant & Steinert
MLS Listing ID 5247757
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1926
Annual Tax Amount $1,478
Tax Year 2025
Lot Size 5,179 Sqft
Acres 0.1189
Property Sub-Type Duplex
Property Description
Strong turnkey investment opportunity at 1032/1034 Clay St in Akron, Ohio. This fully remodeled duplex is fully occupied by long-term tenants generating a combined $1,925 per month in rental income. One unit is occupied by a Section 8 tenant, while the other tenant receives disability-based rental assistance, providing a stabilized, subsidy-supported income stream and immediate cash flow from day one.
The property has been comprehensively renovated, allowing an investor to acquire a turnkey, income-producing duplex without taking on a major renovation or lease-up project. With established long-term tenants already in place and subsidized rental income, the property offers an attractive combination of occupancy stability, dependable monthly income, and simplified ownership.
1032/1034 Clay St is also available as part of a package with 1036/1038 Clay St. Together, the two fully occupied duplexes generate nearly $4,000 per month in combined rental income, giving investors the opportunity to acquire 4 occupied units in one location and immediately add scale to their Northeast Ohio rental portfolio.
Located in Akron with convenient access to employment, shopping, public transportation, major roadways, and the broader Cleveland-Akron investment market, this property is well positioned for investors seeking a high-cash-flow, fully renovated, Section 8 and subsidized rental investment.
For investors looking for a turnkey Akron duplex, Section 8 investment property, subsidized housing investment, buy-and-hold rental, or cash-flowing Northeast Ohio multifamily property, 1032/1034 Clay St offers a strong combination of renovated condition, long-term tenancy, subsidy-supported rents, immediate income, and package-sale potential.
The property has been comprehensively renovated, allowing an investor to acquire a turnkey, income-producing duplex without taking on a major renovation or lease-up project. With established long-term tenants already in place and subsidized rental income, the property offers an attractive combination of occupancy stability, dependable monthly income, and simplified ownership.
1032/1034 Clay St is also available as part of a package with 1036/1038 Clay St. Together, the two fully occupied duplexes generate nearly $4,000 per month in combined rental income, giving investors the opportunity to acquire 4 occupied units in one location and immediately add scale to their Northeast Ohio rental portfolio.
Located in Akron with convenient access to employment, shopping, public transportation, major roadways, and the broader Cleveland-Akron investment market, this property is well positioned for investors seeking a high-cash-flow, fully renovated, Section 8 and subsidized rental investment.
For investors looking for a turnkey Akron duplex, Section 8 investment property, subsidized housing investment, buy-and-hold rental, or cash-flowing Northeast Ohio multifamily property, 1032/1034 Clay St offers a strong combination of renovated condition, long-term tenancy, subsidy-supported rents, immediate income, and package-sale potential.
Location
State OH
County Summit
Interior
Heating Forced Air
Cooling None
Fireplace No
Exterior
Parking Features Garage
Garage Spaces 2.0
Garage Description 2.0
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
School District Akron Csd - 7701
Others
Tax ID 6736374
Special Listing Condition Standard
Listed by Kim Lewis • Home Equity Realty Group • [email protected];803-992-1429
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