79 Frances AvenueAkron, OH 44310

79 Frances AvenueAkron, OH 44310

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$999,900 Active
Commercial - Business MLS 5226179 New to the Market

Listed By

Agency Name: M. C. Real Estate
Agency Contact: awinkler10@yahoo.com, 937-416-9690

Shown By

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

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Property Description

A rare opportunity to own this 14-unit solid brick three-level apartment building in the heart of North Hill. The building is fully occupied and generating over $10,300/mo! The building is comprised of 9 one bedroom units and 5 studio units. Eleven of the units are currently under a lease while the remaining three are M2M long term tenants. Most of the units have been updated and are furnished with kitchen appliances. Updates in recent years include a new 50 year roof (2024) and 400 amp electrical system (2025). There is ample parking space on the street. Added income for the new owner is provided by the hands off laundry services on the ground level of the building which is handled by third party. The location is ideal with a Metro bus stop within walking distance along with shopping, dining, and highway access. The current rent roll and expenses as of June 2026 are attached.

79 Frances Avenue | MLS# 5226179

This commercial property located at 79 Frances Avenue, Akron, OH 44310 is currently listed for sale with an asking price of $999,900. Frances Avenue is located within the Akron City school district. Search Akron real estate on 1015pineviewroad.cutlerhomes.com today.

Property Features

Property Type: Commercial - Business
Heating: Hot Water, Radiator(s), Steam
Lot Size: 0.14 Acres
Taxes: $7,439 / year
Year Built: 1919

Feature Descriptions

Parcel#: 6839647
Sewer: Public Sewer
Water: Public

Local Schools

School District: Akron City

Demographics

Summit County Demographic Information for 79 Frances Avenue, Akron, OH 44310
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