53 E Exchange Street, Akron, OH 44308 (MLS # 5189854)

Photo for 53 E Exchange Street, Akron, OH 44308 (MLS # 5189854)

Price	$450,000
Status	Active
Size	12,144 sqft
Lot Size	4,579 sqft
Days on Market	30

Prime Investment Opportunity - Mixed-Use Commercial Property with Strong Upside Potential! Don't miss this exceptional mixed-use building featuring 7 residential row apartments (6 occupied and 1 vacant) and 3 commercial storefront units (2 Vacant/1 occupied, offering immediate income with significant value-add opportunity. Seller is currently collecting $3180/mo in rent monthly! This well-positioned property provides a versatile investment opportunity for both seasoned investors and those looking to expand their portfolio. The residential component includes 5 currently rented apartments, generating steady cash flow, with 1 vacant unit ready for lease or owner occupancy. The remaining apartment offers additional flexibility depending on your strategy. The commercial portion consists of 3 storefront units, with 1 currently occupied and 2 vacant spaces, presenting an excellent opportunity to increase rental income and boost overall returns. With multiple income streams and vacancy upside, this property is ideal for investors seeking to stabilize and maximize value through strategic leasing. The mix of residential and commercial tenants provides built-in diversification and long-term growth potential. Whether you're looking to expand your portfolio, reposition an asset, or secure a multi-unit property with income already in place, this mixed-use building delivers opportunity and flexibility. Schedule your private showing today and explore the possibilities this investment property has to offer!

Tiny photo for 53 E Exchange Street, Akron, OH 44308 (MLS # 5189854)

Property Type(s): Commercial

Last Updated	3/5/2026	Tract	South Akron Allotment
Year Built	1915	County	Summit

Additional Details

AIR	None, Wall/Window Unit(s)
AIR CONDITIONING	Yes
BASEMENT	Full, Unfinished, Walk-Out Access, Yes
HEAT	Natural Gas, Radiant
INTERIOR	PrivateRestrooms
LOT	4578 sq ft
PARKING	None
SEWER	Public Sewer
SUBDIVISION	South Akron Allotment
TAXES	4510
WATER	Public
ZONING	Commercial

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Listing provided by: Amanda Mercier | 330-977-5798, RE/MAX Edge Realty, amercier@amhghomes.com, 330-977-5798

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