$1,663 Closing Credit¹
#5108569, Brody Kocon, Listing Office: Coldwell Banker Schmidt Realty
$169,000 List price
352 Mcgowan St Akron, OH 44306
$2,007
Closing credit¹
5 beds
4 full
2,016 sqft
0.07 acres
$84 / sqft
Multi-Family
Property details
About 352 Mcgowan St
Turnkey investment with tenants in place in 3 units. Rents are under market and tenants know rent will be increased. They are all month-to-month. Some units need improvement but everything is functional. Landlord pays all utilities but they are very reasonable. 36 hours notice to view occupied units. Cap rate is nearly 10% at existing rents. When rents go to market rate, the cap rate will increase dramatically. Owner pays annually for: Insurance $1,066, Gas $1,124, Electric $1,711, Water/sewer $1,800, trash $900, taxes $2,691. Once the rents are increased to market rent the cap rate jumps to 18%.
Highlights
Home typeQuadruplex
HeatingForced Air, Natural Gas
StatusActive
Size2,016 sqft
BasementYes
Lot size0.0708 Acres
Year built1928
ParkingNo Garage, Off Street, On Street
MLS #5113755
Summary
- Full Bathrooms: 4
- Appliances: Range, Refrigerator
- Basement: Yes
- Total Bedroom Count: 5
- Attached Garage: No
- Private Pool: No
- Parking: No Garage, Off Street, On Street
- Heating: Forced Air, Natural Gas
- Cooling: None
- List Price: $169,000
- Price/SqFt: $83
- Annual Tax Amount: $2,433
- Tax Year: 2023
- Directions: E Exchange to Beaver St to McGowan.
- Year Built: 1928
- Stories: 3
- Living Area: 2,016 SqFt
- Lot Size: 0.0708 Acres
- MLS Number: 5113755
- MLS Name: NOWDD
- Office Name: Snyder & Snyder Real Estate
- Office Email: barb@snyderandsnyder.com
- Listing Agent: Barbara Snyder
Copyright 2025 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is 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. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/15/2025, 10:20:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$169,000
352 Mcgowan St
$2,007
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 24, 2000 | Home Sold | $20,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $27,770 | $2,433 |
| 2022 | $27,770 | $2,485 |
| 2021 | $27,770 | $2,488 |
| 2020 | $27,770 | $2,668 |
| 2019 | $23,944 | $2,668 |
| 2018 | $23,944 | $2,655 |
| 2017 | $23,944 | $2,662 |
History based on county public records data.
Nearby schools
3
Mason Community Learning Center
Public District PK-6
0.1 mi
•700 E Exchange St
4
Robinson Community Learning Center
Public District PK-6
0.8 mi
•1156 4th Ave
3
Leggett Community Learning Center
Public District KG-5
0.8 mi
•333 E Thornton St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,366. The majority of Akron, OH residents have income less than $<35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
71%
<35k
28%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
53%
Single, No Kids
24%
Single, with Kids
11%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
11%
12-17 yrs old
27%
18-34 yrs old
34%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing- UFC
Soccer
Where do the neighbors shop?
Burlington
Family Dollar
Forever 21
Where do the neighbors go to eat?
Popeyes
Burger King
Dominos Pizza
What do the neighbors drive?
Dodge
Buick
Mazda
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits- Adult Standards
All data provided by Home Junction and Claritas
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This home is located at 352 Mcgowan St in Akron, OH and zip code 44306 in the Middlebury neighborhood. This 2,016 square foot home, which was built in 1928, sits on a 0.07 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 11, 2025 and is currently priced at $169,000.
Akron, OH housing market in April 2025 saw over 87 listings sold above listed price, more than 46 sold at listed price and over 114 sold below. In April 2025 in Akron, OH there were 9.9% more homes for sale than in March. While the average time on the market in April 2025 was 44 days, the median list price was $146,716.
From Rocket Homes Real Estate and based on county public records data.