Commercial Real Estate for Sale at 1330 W Waterloo Road in Akron, OH for $450,000

Listing data last changed 11/6/2025
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1330 W Waterloo Road | Akron

$450,000 | 0.0 Sq. Ft.

This fully rented, turnkey 7-unit property presents a strong investment opportunity with immediate upside potential. Recently renovated, the building consists of 4 studio apartments and 3 two-bedroom units, all fully leased. Current rents are below market, offering room for value-add increases\u2014studio units can be raised to approximately $700 per month, and two-bedroom units to around $850 per month, significantly boosting cash flow. The property is designed with ease of management in mind, featuring a tall crawl space that simplifies maintenance and repairs. Additional income is generated through on-site laundry facilities, and the parking lot provides 7\u002B spaces, adding convenience and tenant appeal. This is a low-maintenance, income-producing asset in strong rental condition with immediate potential to increase revenue. No showings without a written offer. MLSNow 5139134

Directions to property: Waterloo Rd between Wooster Rd and Manchester Rd

MLS Listing ID: 
MLSNow 5139134
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$450,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Apartment
Primary Market Area: 
Akron
Address: 
1330 W Waterloo Road, Akron, OH 44314
County: 
Summit
Latitude: 
41.0322870
Longitude: 
-81.5739810
Directions: 
Waterloo Rd between Wooster Rd and Manchester Rd
Public Remarks: 
This fully rented, turnkey 7-unit property presents a strong investment opportunity with immediate upside potential. Recently renovated, the building consists of 4 studio apartments and 3 two-bedroom units, all fully leased. Current rents are below market, offering room for value-add increases\u2014studio units can be raised to approximately $700 per month, and two-bedroom units to around $850 per month, significantly boosting cash flow. The property is designed with ease of management in mind, featuring a tall crawl space that simplifies maintenance and repairs. Additional income is generated through on-site laundry facilities, and the parking lot provides 7\u002B spaces, adding convenience and tenant appeal. This is a low-maintenance, income-producing asset in strong rental condition with immediate potential to increase revenue. No showings without a written offer.
Community Information
School District: 
Akron CSD - 7701
Building Details
Details about the building on a property.
Year Built: 
1964
Living Area: 
0.0
Basement: 
Crawl Space,None
Construction
Roof: 
Asphalt
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: 
Forced Air
Cooling System: 
Geothermal,Humidity Control,Wall Unit(s)
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.25
Lot Size (Area): 
0.25
Lot Features
Parking Type: 
Gravel,Off Street,Parking Lot
Total Parking Spaces: 
7
Fence: 
Fenced,Full
Public Record
Parcel Number: 
6849713
Annual Tax: 
$6,688.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Disclosures: 
Principal is Real Estate Licensed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Sylvia Incorvaia
Listing Office Name: 
EXP Realty, LLC.

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