2323 Newton St - Apartments FOR SALE


Akron, OH 44305- Goodyear Heights
$1,690,000 USD
330-328-5594
2323 Newton St, Akron, OH for Sale
$1,690,000 USD
Apartments - FOR SALE
1/34
null | 8.99% Cap Rate

2323 Newton St
Akron, OH 44305
Goodyear Heights


OVERVIEW

Welcome to Newton House Apartments. This well maintained property is a 22 unit, 2 story garden style apartment building consisting of 18- 2 bedroom and 4- 1 bedroom units, all with 1 full bathroom. The two bedroom units are approximately 700 Sq. Ft. and the one bedroom units about 600 +/-. There is a coin operated laundry room in the building, all units have electric ranges and there is baseboard, hot water heat with boiler replaced in 2012. The roof was replaced approximately 2009 and alot of windows/doors in 2009-2010. Two water tanks were just replaced in 2024 and the whole parking lot was stripped & resurfaced in 2025.

FOR SALE DETAILS

PRICE

$1,690,000 USD

PRICE/SF

$94 USD /SF

# OF UNITS

22

PRICE/UNIT

$76,818

CAP RATE

8.99%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Newton House Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

402-C

APN/PARCEL ID

68-54910

ASK ABOUT THIS PROPERTY

Debra KaplanHoff & Leigh Commercial Real EstateMore Info
330-328-5594

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Debra KaplanHoff & Leigh Commercial Real EstateMore Info
330-328-5594

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.