543 Kling StreetAkron, OH 44311

543 Kling StreetAkron, OH 44311

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$199,900 Active
Multi Unit - Multiple MLS 5226431
5 beds 3 full baths 1,952 sqft

Listed By

Agency Name: Keller Williams Chervenic Rlty
Agency Contact: jodi@mignanos.com, 330-338-9047

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Don't miss this exceptional opportunity to own a high-performing investment package near Akron U! This turn-key triplex at 543 Kling Street must be purchased together with 539 Kling Street (MLS#5226435), as there is an additional parcel behind both properties that serves are private parking ?an invaluable amenity for student tenants. Offered together for $399,800, this package includes two triplexes and the adjoining parking lot, creating a rare opportunity for investors seeking strong cash flow and long-term appreciation. Tenants pay all utilities. Perfectly positioned within a short walk to the University of Akron, the popular Zip Strip, restaurants, and other campus conveniences, these properties are ideally located for student renters. The prime location helps support consistent occupancy and strong rental demand year after year. With an estimated annual rental income of approximately $54,000 ($27,000 from 543 Kling Street and $27,000 from 539 Kling Street), this investment offers immediate income potential and outstanding future value. Whether you're looking to expand your portfolio or secure a reliable income-producing asset in a thriving rental market, opportunities like this are hard to find. Prime location. Strong income potential. Turn-key investment. Hurry... before it is gone! Looking for more investment opportunities? The seller is offering multiple income-producing properties in Stow, Kent, Canton, and Akron. Contact me for additional information on this unique investment portfolio and available package opportunities. Looking for more investment opportunities? The seller is offering multiple income-producing properties in Stow, Kent, Canton, and Akron. Contact me for additional information on this unique investment portfolio and available package opportunities.

543 Kling Street | MLS# 5226431

This multi-family property located at 543 Kling Street, Akron, OH 44311 is currently listed for sale with an asking price of $199,900. Kling Street is located within the Akron City school district. Search Akron real estate on 536austindriveunitf.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Apartment, Finished
Basement: Yes
Cooling: Wall/Window Unit(s)
Days on Market: 2
Heating: Forced Air
Lot Size: 0.08 Acres
Roof Type: Asbestos Shingle
Stories: 3.0
Taxes: $2,302 / year
Year Built: 1911

Feature Descriptions

Exterior: Wood Siding
Laundry: In Basement
Lot: Corner Lot
Parcel#: 6710765
Parking: Gravel, Parking Lot, Shared Driveway
Sewer: Public Sewer
Water: Public

Local Schools

School District: Akron City

Demographics

Summit County Demographic Information for 543 Kling Street, Akron, OH 44311
Fips
Fips Code 39153
Population
2020 to 2025 Change down 0.4%
2010 Count 541,781
2020 Count 540,428
2025 Estimate (V2025) 538,376
2020 Estimate (V2025) 540,429
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.4%
18 to 64 54.2%
65 and Older 20.2%
Gender
Male 48.7%
Female 51.3%
Place of Birth
Foreign 6.0%
US 94.0%
Education
High School Graduate, Age 25+ 92.8%
Bachelor's Degree or Higher, Age 25+ 35.8%
Computer and Internet use
Households with a computer 95.4%
Households with a broadband Internet subscription 91.6%
Language
English is Second Language, Age 5+ 7.3%
English is First Language, Age 5+ 92.7%
Veterans
Veterans 25,976
Income
Per Capita Income $43,061
Median Household Income $71,622
People in Poverty 13.3%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 247,173
Households 231,267
Average Household Size 2.29
Owner-Occupied 67.5%
Multi-Family 22.4%
Owner-Occupied Median Value $208,700
Median selected monthly owner costs -with a mortgage $1,470
Median selected monthly owner costs -without a mortgage $599
Median gross rent $1,026
Building Permits
New Private Housing Issued 2024 1,082
Years at Residence
1 Year or More 88.9%
Less Than 1 Year 11.1%
Business and Employment
Private non-farm Establishments 13,309
Private non-farm Employment 249,827
Private non-farm Employment Growth down 0.8%
Nonemployer Establishments 43,820
Number of Firms 9,566
Business Production
Value of Shipments $9,410,730,000
Wholesale Trade $9,120,214,000
Retail Trade $8,582,177,000
Retail Sales Per Capita $15,606
Accommodation and Food Services $1,190,062,000
Land
Land Area 412.75 sq. miles
Population Per Square Mile 1,313

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 1,274.12 per month $1,023.99 Principal & Interest $191.83 Property Tax $58.30 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage