628 Lakemont Avenue, Akron, OH 44314 (MLS # 5216892)
|
Excellent opportunity to add a cash-flowing investment property to your portfolio, or the perfect opportunity to make this house your HOME. This 3-bedroom, 1-bath single-family home offers approximately 1,352 square feet of living space and is conveniently located in Akron's Kenmore area. The property is currently occupied by a tenant who has been in place for approximately one year and would love the opportunity to remain after the sale, creating immediate and stable income for the next owner from day one. Current rent is $1,245 per month, offering strong cash-flow potential with additional upside over time. The home is in typical lived-in rental condition and provides investors the opportunity to continue generating income while making cosmetic improvements over time as desired. Features include a spacious layout, full basement, and off-street parking "” all contributing to the property's overall rental appeal and long-term value. Whether you are looking to expand your current portfolio or purchase your first investment property, this home offers stable occupancy, strong rental income, and future upside potential. Seller recently completed an appraisal with the value coming back at $95,000, providing additional confidence in the opportunity here. Updates include new roof 2018, and hot water tank 2020. Great opportunity you do not want to miss "” call today to schedule your private showing!
Property Type(s):
Single Family
| Last Updated | 6/8/2026 | Tract | Portage Heights |
|---|---|---|---|
| Year Built | 1920 | County | Summit |
Additional Details
| AIR | None |
|---|---|
| BASEMENT | Full, Unfinished, Yes |
| CONSTRUCTION | Vinyl Siding |
| FIREPLACE | Yes |
| HEAT | Forced Air, Natural Gas |
| LOT | 4800 sq ft |
| LOT DIMENSIONS | 40x120 |
| PARKING | Unpaved |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Colonial |
| SUBDIVISION | Portage Heights |
| TAXES | 1740 |
| WATER | Public |
Location
Contact us about this Property
| / | |
| We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Ben Schafer to contact you even if your name is on a Federal or State "Do not call List". | |
Listing provided by: Tim Finn Jr | 330-322-5833, RE/MAX Edge Realty, tim@timmfinn.com, 330-322-5833
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than Ben Schafer Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
Listing information is deemed reliable, but not guaranteed.
Data Last Updated: 6/9/26 6:23 PM PDT
This IDX solution is (c) Diverse Solutions 2026.
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