Attention investors! Turnkey, fully occupied duplex located on a desirable street & offering immediate rental income. Whether you're looking for an easy first investment property or a solid addition to your existing portfolio, this affordable opportunity deserves your attention. Property features a long-term second-floor tenant currently on a month-to-month lease paying $575 per month and a newer first-floor tenant occupying the efficiency unit at $595 per month. Separate gas & electric meters help minimize owner expenses, while the owner currently pays water, sewer & trash services. Additional features include off-street parking, partially fenced yard and a full basement providing storage and utility space. Property is not perfect but is in decent overall condition with some nice updates and has provided reliable income for a long-term owner who is now selling a portfolio after more than 20 years of ownership. This is a practical investment opportunity with existing cash flow, manageable operating expenses and upside potential for future improvements or rent adjustments. Please do not disturb the tenants. Showings will be provided after an acceptable offer has been negotiated. No wholesalers/no owner financing. Don't miss this chance to acquire a fully occupied income-producing property at an affordable price.
Multi-familyProperty Type
1914Year Built
5,000 sq ftLot Size
$64Price/Sq.Ft.
Listed by Christopher Frederick• Coldwell Banker Schmidt Realty
Listed by Michele Frederick• Coldwell Banker Schmidt Realty
North Hill, located between Downtown Akron and Cuyahoga Falls, is a residential and commercial Akron neighborhood with hillside streets and a patchwork of early-20th-century homes. The neighborhood’s character concentrates along North Main Street near Cuyahoga Street, where small groceries, international eateries, and storefront services keep the sidewalks active. The Mustard Seed Market & Cafe anchors a local-food scene, while the nearby Akron Art Museum adds a contemporary cultural counterpoint. Housing ranges from compact colonials to sturdy duplexes, with porches and mature trees shaping the streetscape. Cascade Valley Metro Park frames the area with wooded trails and river views. A mix of corner shops and bus corridors supports a practical, walk-and-ride rhythm.
Provided by Walk Score and Local Logic
Offer insights
56 Vesper St · $109,900
$110K and above
75% chance or better to win
Why $110K+ is a strong offer
DAYS ON MARKET
92 days
The average home goes pending in 32 days.
SALE-TO-LIST
97.3%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Full, unfinished basement
Bedrooms
One bedroom unit (Unit 1)
Two bedroom unit (Unit 2)
Bathrooms
Two full bathrooms total
Unit 1 has 1 bathroom
Unit 2 has 1 bathroom
Laundry & utility
Laundry in basement
Heating & cooling
Central air conditioning
Forced air gas heating
Exterior features
Partially fenced yard
Home design
Two-story building
Parking
On-street parking
Construction
Aluminum and vinyl siding
Asphalt roof
Built as recorded in public records
Utilities
Public water
Public sewer
Financial info
Two units total with rental income: Unit 1 rented at $595 (lease until June 16, 2027); Unit 2 rented at $575 (month-to-month)
Other
One building
Above-grade finished area reported as 1,709
Electricity and solar
View estimated energy costs and solar savings for this home
Great Investment! Separate Gas & Electric. Downstairs unit rents month to month for $300.00 a month. Upper unit vacated to sell. Upper unit carpet and kitchen updated-2004. Roof shingles-2002, Exterior painted 2004.
Public Records
Dec 12, 1995
Sold
$40,500
$24/sq ft
MLSNOW #9003509
Apr 29, 1995
Listed
$44,900
$26/sq ft
Public Records
Jun 8, 1989
Sold
$23,000
$13/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,239 (+0.1%)
$3,654 + $13,710
$17,364
2024
$1,238 (+25.3%)
$3,654 + $13,710
$17,364
2023
$988 (+30.3%)
$3,654 + $13,710
$17,364
2022
$758
$2,149 + $8,064
$10,213
2021
$759 (+1.4%)
$2,149 + $8,064
$10,213
2020
$749 (−18.8%)
$2,149 + $8,064
$10,213
2019
$922 (+1.1%)
$3,581 + $6,713
$10,294
2018
$912
$3,581 + $6,713
$10,294
2017
$911 (+4.3%)
$3,581 + $6,713
$10,294
2016
$874 (+6.8%)
$3,581 + $6,713
$10,294
2014
$818 (−4.3%)
$3,581 + $6,713
$10,294
2013
$855
$3,581 + $7,455
$11,036
Public record
Beds
4
Baths
2
Stories
2
Lot width
40 ft.
Lot depth
125 ft.
Lot size
5,000 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,709
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,709
Year built
1914
Style
Multi-Family (2-4 Unit)
County
Summit County
APN
6740376
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 21, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 97° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Akron, OH • 44310
Average low and high temperatures (°F)
30
17
37
23
56
36
66
45
69
50
83
62
87
68
81
61
79
57
66
46
51
37
39
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
45/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
7.1 hrs
0.5 hr
JuneDecember
Provided by Shadowmap
Redfin Estimate for 56 Vesper St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $101,400 and $150,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $101K to $150K.