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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Akron, OH
Listed for sale 5 days ago
$ 375,000
ROI
24.5
Cash Flow/m
498- 2 Bed
- 2 Bath
- - sft
21 Furnace St #603, Akron, OH, 44308
Listed for sale 6 days ago
$ 369,900
ROI
26.8Cash Flow/m
727- 2 Bed
- 3 Bath
- 2117 sft
121 N Howard St, Akron, OH, 44308
$ 268,000
ROI
20.5Cash Flow/m
57- 2 Bed
- 3 Bath
- 1592 sft
3998 Gardiner Run, Akron, OH, 44321
$ 196,900
ROI
22.3Cash Flow/m
137- 2 Bed
- 2 Bath
- 1098 sft
1329 Meadow Run, Akron, OH, 44321
Why Invest in Akron, Ohio?
Akron, OH offers strong opportunities for condo investors seeking stable cash flow in an affordable market. With multifamily cap rates around 8.5% and rental growth of 3.1%, condos here deliver solid rental yields. Low entry prices near $135K support high cash-on-cash returns, while steady appreciation builds long-term wealth. Renter-occupied housing remains high amid job stability from major employers. Vacancy rates at 5.9% indicate reliable demand for condo rentals.
9.2%
Avg. ROI
7.8%
Rental Yield
8.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1150/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
Yes, with cap rates near 8.5% and average rents at $1,150, condos offer strong yields. Low purchase prices around $135K enhance cash flow. Steady appreciation of 2-3% adds long-term value.
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