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228 Cole Avenue Akron, OH 44301

$299,900

Active / MLS# 5231356 / Multi Unit - Multiple / Akron

4 Beds

4 Baths

3360 SqFt

Investor Special! Solid brick 4-unit multifamily property with immediate cash flow and value-add potential. Each unit offers 1 bedroom, 1 bathroom, a living room, dining room, and a bonus room, providing spacious layouts that appeal to tenants. Currently fully occupied, with two units renting for $500/month and two units renting for $750/month. Opportunity to increase returns through rental increases. Additional upside with the potential to finish the lower level and convert the property into a 6-unit building Convenient Akron location near shopping, restaurants, public transportation, and major highways.

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Property Details

Property Type: Multi Unit - Multiple

Basement: Yes

Basement: Full

Cooling: None

Heating: Hot Water, Steam

Lot Size: 0.13 Acres

Roof Type: Asphalt

Stories: 2.0

Taxes: $5,550 / year

Year Built: 1928

Feature Descriptions

Exterior: Brick

Laundry: Common Area

Parcel#: 6746975

Parking: Gravel

Sewer: Public Sewer

Water: Public

Schools

School District: Akron City

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Listed By / Shown By

Listed By

Agency Name: Realuxe Ohio
Agency Contact: mandria@realuxerealestate.com, 440-341-2878

Shown By

Agent Name: Susan Filipovich, Broker
Agent Phone: (330) 783-0055
Agency Title: Burgan Real Estate

Susan Filipovich, Broker Office: (330) 783-0055 Cell: (330) 599-9336 Fax: (330) 782-9177 Email: sue@burganrealestate.com

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 07/28/2026. The listing information on this page last changed on 07/28/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 07/28/2026 12:06:39 AM EST) or West Penn MLS (last updated Mon 07/27/2026 11:28:39 PM EST) or MLS NOW (last updated Tue 07/28/2026 12:02:35 AM EST). Real estate listings held by brokerage firms other than Burgan Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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Agency License Information: Burgan Real Estate, Ltd. Youngstown, OH

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Property Details

Feature Descriptions

Schools

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