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33 units across Greater Akron, listed at $3.4M, or $103,030 a door. Lease up the four units already under renovation and you are into a 9.3% cap with double-digit cash-on-cash. Push rents to market on turnover from there and it runs to a 10.3% pro forma. This is a stabilized, cash-flowing scattered-site portfolio that hands you double-digit returns once those units fill, not a paper story. The portfolio is 17 single families, 8 duplexes, 6 triplexes, and 2 condos spread across Akron and a few surrounding communities. Every property was fully remodeled in the last five years, with updated electrical and plumbing throughout, many with new furnaces and water tanks, and 6 carrying new roofs. You will see normal tenant wear, but the heavy capital is already in the ground. Ten units are Section 8 today, so a meaningful piece of the rent comes in government-backed and steady. The upside is clean. The four vacant units re-leasing is what carries you to the 9.3% stabilized figure. From there, rents sit about $100 a door under market, and you capture that on natural turnover, with the pro forma pushing cash-on-cash into the 17% range. Ancillary income adds about $6,300 a year on top. A good chunk of these sit in Akron's core rental neighborhoods, with a cluster in Highland Square, the walkable arts district built around the historic Highland Theatre and Mustard Seed Market. Akron runs on healthcare and education, with Summa Health, Cleveland Clinic Akron General, and the University of Akron anchoring steady tenant demand. It is one of the country's most affordable rental markets, about 40 miles south of Cleveland, and that low basis is what makes the yield work. Clean, easy portfolio to run, and a strong double-digit yield play in a stable Midwest market. Request the full financials and dig in.

Highlights

  • Commercial Sale
  • Apartment
  • Built in 1884
  • 0.0686 Acre Lot
  • 128 days on Market

  • Year Built
    1884
  • Heating
    Other

  • Acres
    0.0686


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Frequently Asked Questions

How do I schedule a tour of 203 Crosby?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 203 Crosby.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 203 Crosby?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $3,400,000. We can talk through recent upgrades, potential seller motivation, how this apartment compares to others in Akron, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 203 Crosby?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 203 Crosby at around $23,247. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 203 Crosby?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Summit County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 203 Crosby?

In most cases, yes. Whether 203 Crosby is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Akron's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 203 Crosby?

We can handle that for you. Our preferred local agent specializes in commercial sales in Akron and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

203 Crosby was listed on July 09, 2026, which means it's been on the market for 128 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1884, making it approximately 142 years old.

What is the lot size of this property?

203 Crosby sits on a 0.07-acre lot, which is 3,049 square feet.

What are the property taxes for 203 Crosby?

The most recent public record shows annual property taxes for 203 Crosby were approximately $46,782. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 203 Crosby still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively 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. Information deemed reliable but not guaranteed by the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Copyright 2026, MLS Now. All rights reserved.

Last Updated: November 14, 2026 at 12:18AM | Source: MLS Now | MLS#: 5226160