628 Lakemont Avenue
Akron, OH, 44314

Price$89,900
Beds3
Baths1
SqFt1,297

Status:Active
Property Type:Residential
School:Akron CSD – 7701
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!

Listing provided by: RE/MAX Edge Realty, Tim Finn Jr

Source: NOWDD, MLS#: 5216892

Price $89,900
Bedrooms 3
Full Baths 1
Half Baths 0
Total Baths 1
Property Style Colonial
Lot Size 40×120
Lot Size Area 0.1102
Lot Size Area Units Acres
Acres 0.1102
Property Type Residential
Sub type Single Family Residence
MLS Sub type Single Family Residence
Stories 2
Year Built 1920
Fireplaces 1
Subdivision Portage Heights
Roof Asphalt, Fiberglass
Heating Forced Air, Gas
Laundry Features In Basement
Parking Description Unpaved
Directions West off of Manchester Road
County Summit
Latitude 41.05952
Longitude -81.551142
Address 628 Lakemont Avenue, Akron, OH 44314
Postal Code 44314
City Akron
State OH
Country United States
Listing Office RE/MAX Edge Realty
Listing Office Phone 330-475-7777
Listing Office Email [email protected]
Listing Agent Tim Finn Jr
Listing Agent Phone 330-322-5833
Attribution Contact [email protected], 330-322-5833
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
Terms Cash,Conventional,1031 Exchange
District Akron CSD – 7701
Days on market 1
MLS Status Active
Listing Last Modified Jun 9, 2026
Tax ID 6800305
Tax Year 2025
Tax Annual Amount 1740
MLS # 5216892

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