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Commercial Real Estate for Sale at 598 Blaine Avenue in Akron, OH for $485,000

Listing data last changed 10/02/2025 - 7:13pm
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598 Blaine Avenue | Akron

$485,000 | 0.0 Sq. Ft.

Outstanding fully renovated investment opportunity in Akron, Ohio, delivering both turnkey stability and compelling value-add upside. This 5-unit property at 598 Blaine Ave is being sold together with 594 Blaine Ave, with both properties benefiting from over $250,000 in recent capital improvements. Renovations include new mechanicals, water heaters, plumbing, roof, windows, electrical systems, and modernized interiors\u2014ensuring a strong foundation for immediate performance.\r\n\r\nA key value-add opportunity exists with four of the units currently configured as 1-bedrooms. With minimal conversion, these can be upgraded to 2-bedroom layouts, allowing all five units in the property to function as 2-bedrooms. This repositioning creates substantial upside, driving higher rents and long-term NOI growth.\r\n\r\nLocated in a prime Akron corridor near major employers, schools, retail, and transit, the property is well-positioned to maintain strong occupancy while offering investors the rare combination of a stabilized, fully renovated asset and additional upside through simple, cost-effective improvements.\r\n\r\n\r\nCall or Text Listing Agent for investment analysis and financials! MLSNow 5161404 Directions to property: W Talmedge \u0026 Blaine Ave

MLS Listing ID: 
MLSNow 5161404
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$485,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Akron
Address: 
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 turnkey stability and compelling value-add upside. This 5-unit property at 598 Blaine Ave is being sold together with 594 Blaine Ave, with both properties benefiting from over $250,000 in recent capital improvements. Renovations include new mechanicals, water heaters, plumbing, roof, windows, electrical systems, and modernized interiors\u2014ensuring a strong foundation for immediate performance.\r\n\r\nA key value-add opportunity exists with four of the units currently configured as 1-bedrooms. With minimal conversion, these can be upgraded to 2-bedroom layouts, allowing all five units in the property to function as 2-bedrooms. This repositioning creates substantial upside, driving higher rents and long-term NOI growth.\r\n\r\nLocated in a prime Akron corridor near major employers, schools, retail, and transit, the property is well-positioned to maintain strong occupancy while offering investors the rare combination of a stabilized, fully renovated asset and additional upside through simple, cost-effective improvements.\r\n\r\n\r\nCall or Text Listing Agent for investment analysis and financials!
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
Basement: 
Concrete
Construction
Roof: 
Asbestos Shingle
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
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.15
Lot Size (Area): 
0.15
Lot Features
Parking Type: 
Additional Parking,Detached,Garage
Public Record
Parcel Number: 
6849194
Annual Tax: 
$3,587.12
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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