1038 Clay Street, Akron, OH 44301
Local realty services provided by:Better Homes and Gardens Real Estate Central
1038 Clay Street,Akron, OH 44301
$169,900
- 4 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: kim lewis, garrett rowan
Office: home equity realty group
MLS#:5247779
Source:OH_NORMLS
Price summary
- Price:$169,900
About this home
Strong turnkey investment opportunity at **1036/1038 Clay St in Akron, Ohio**. This fully remodeled duplex is **fully occupied by long-term tenants**, providing immediate and stable rental income from day one. One tenant is through **Section 8**, while the other receives **disability-based rental assistance**, with the property generating a combined **$2,060 per month in fully subsidized rents**.
With both units already occupied by established tenants and rents supported through subsidy programs, the property offers investors a highly stabilized income stream with reduced lease-up risk. The duplex has been **fully remodeled**, allowing a new owner to step into an income-producing asset without taking on a major renovation project.
**1036/1038 Clay St is also available as part of a package with 1032/1034 Clay St. Together, the two fully occupied duplexes generate nearly $4,000 per month in combined rental income**, giving investors the opportunity to acquire four stabilized units in one location and immediately add scale to their Akron rental portfolio.
Located in Akron with convenient access to employment, shopping, schools, public transportation, and major roadways, this property is well suited for investors seeking a **turnkey, fully occupied, subsidy-backed rental property with long-term tenants and dependable monthly cash flow**....
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Home facts
- Year built:1926
- Subdivision & Development:Grant & Steinert
- Listing ID #:5247779
- Added:1 day(s) ago
- Updated:September 24, 2026 at 09:45 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:10
- Basement:Yes
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1926
- Lot area:0.11 Acres
- Construction Materials:Wood Siding
- Foundation Description:Slab
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$169,900
- Tax amount:$1,504 (2025)
Parking
- Parking description:Garage
- Garage:Yes
- Garage spaces:2
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