203 Crosby

Akron, OH
$ 3,400,000 Beds 0 Baths 0 Virtual Tour
Monthly Estimate* How much can I afford?

33 units across Greater Akron, listed at $3.4M, or $103,030 a door. Lease up the four units already under renovation and you are into a 9.3% cap with double-digit cash-on-cash. Push rents to market on turnover from there and it runs to a 10.3% pro forma. This is a stabilized, cash-flowing scattered-site portfolio that hands you double-digit returns once those units fill, not a paper story. The portfolio is 17 single families, 8 duplexes, 6 triplexes, and 2 condos spread across Akron and a few surrounding communities. Every property was fully remodeled in the last five years, with updated electrical and plumbing throughout, many with new furnaces and water tanks, and 6 carrying new roofs. You will see normal tenant wear, but the heavy capital is already in the ground. Ten units are Section 8 today, so a meaningful piece of the rent comes in government-backed and steady. The upside is clean. The four vacant units re-leasing is what carries you to the 9.3% stabilized figure. From there, rents sit about $100 a door under market, and you capture that on natural turnover, with the pro forma pushing cash-on-cash into the 17% range. Ancillary income adds about $6,300 a year on top. A good chunk of these sit in Akron's core rental neighborhoods, with a cluster in Highland Square, the walkable arts district built around the historic Highland Theatre and Mustard Seed Market. Akron runs on healthcare and education, with Summa Health, Cleveland Clinic Akron General, and the University of Akron anchoring steady tenant demand. It is one of the country's most affordable rental markets, about 40 miles south of Cleveland, and that low basis is what makes the yield work. Clean, easy portfolio to run, and a strong double-digit yield play in a stable Midwest market. Request the full financials and dig in.

Active

  • Price
  • $ 3,400,000
  • City
  • Akron
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • County
  • Summit
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.0686 Acres
  • Zip
  • 44303
  • Year Built
  • 1884
  • Taxes
  • $ 46782
  • Style
  • MLS#
  • 5226160
Listed By: Russell Real Estate Services
Data Source: MLSNow

Features

General

Heating Other
Possession DeliveryOfDeed
Year Built 1884
Township Akron
Property Subtype Apartment
Tax Year 2005
Additional Parcels Description 6714839,6844087,6800901,6720572
County Summit
Property Type CommercialSale
Attached Garage false
Status Active
Directions Highland Square area, portfolio spread across Akron, Medina, and Cleveland
ModificationTimestamp 2026-07-09T22:09:18.403-00:00
City Akron
High School District Akron CSD - 7701
Number Of Units Total 33
Lot Size Units Acres
Tax Annual Amount 46782
Living Area Units SquareFeet
Standard Status Active
Middle/Junior School District Akron CSD - 7701
Elementary School District Akron CSD - 7701
Year Built Source PublicRecords
Property Sub Type Additional Apartment
PostalCity AKRON

Exterior Features

Lot Size Area 0.0686
Number of Buildings 25
Lot Size Acres 0.0686
Lot Size Source Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Youngstown, OH office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/9/2026 Listed $3,400,000

Property vs Zip Code Average in 44303

Price
AVG $520K
$3.4M
Taxes
AVG $7,873
$46,782
Year Built
AVG 1941
1884

Areas That We Cover

203 Crosby Akron, OH is a Single Family Home for sale at $3400000 and a lot size of 0.0686 Acres Acre(s). 203 Crosby Akron has 0 bedrooms, 0 baths and was built in 1884. The property's zip code is 44303 which is in Akron, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site 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.