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Home for Sale at 374 Gibbs Place in Akron, OH for $85,000

Listing data last changed 09/23/2025 - 7:46pm
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374 Gibbs Place | Akron

$85,000 | 3 Beds | 1 Baths (1 Full) | 1,350 Sq. Ft.

Discover this updated three-bedroom rental property in Akron, a fantastic opportunity for investors or anyone\r\nseeking a well-maintained home to add to their portfolio. Previously rented for $1,150 per month through Section 8, this home offers reliable income potential and a move-in ready condition that makes it especially appealing. From the moment\r\nyou arrive; you\u2019ll notice the care that has gone into the property. The entire exterior has been freshly painted, giving the\r\nhome a clean and inviting look while also helping to minimize maintenance for years to come. A neatly kept yard provides\r\nexcellent curb appeal and sets the tone for the updates you\u2019ll find throughout the interior. Step inside to a welcoming\r\nlayout where many recent updates create a fresh, modern living space. The main level features a bright living room with\r\ndurable flooring, neutral paint tones, and plenty of natural light. The adjoining kitchen has been thoughtfully refreshed,\r\noffering ample cabinet space, updated countertops, and room for everyday dining. Each of the three bedrooms is well\r\nsized and versatile, making them perfect for comfortable living or flexible use such as a home office. The bathrooms have\r\nalso been improved with newer finishes that add both function and style. Additional highlights include a dry basement\r\nwith storage potential, a convenient laundry area, and HVAC systems that have been updated within the past few years. With its\r\ncombination of updates, solid rental history, and strong market demand in Akron, this property is an excellent opportunity\r\nfor long-term returns featuring a potential 12-15% cap rate. Located near schools, shopping, and public transportation,\r\nthis home is positioned in a convenient area that appeals to many renters. Whether you\u2019re looking to expand your\r\ninvestment portfolio or secure a dependable rental property with a proven track record, this Akron home checks all the\r\nboxes. MLSNow 5159218 Directions to property: Take Johnston to Gibbs Pl.

MLS Listing ID: 
MLSNow 5159218
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$85,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
Akron
Address: 
374 Gibbs Place, Akron, OH 44306
County: 
Summit
Latitude: 
41.0682670
Longitude: 
-81.4926580
Directions: 
Take Johnston to Gibbs Pl.
Public Remarks: 
Discover this updated three-bedroom rental property in Akron, a fantastic opportunity for investors or anyone\r\nseeking a well-maintained home to add to their portfolio. Previously rented for $1,150 per month through Section 8, this home offers reliable income potential and a move-in ready condition that makes it especially appealing. From the moment\r\nyou arrive; you\u2019ll notice the care that has gone into the property. The entire exterior has been freshly painted, giving the\r\nhome a clean and inviting look while also helping to minimize maintenance for years to come. A neatly kept yard provides\r\nexcellent curb appeal and sets the tone for the updates you\u2019ll find throughout the interior. Step inside to a welcoming\r\nlayout where many recent updates create a fresh, modern living space. The main level features a bright living room with\r\ndurable flooring, neutral paint tones, and plenty of natural light. The adjoining kitchen has been thoughtfully refreshed,\r\noffering ample cabinet space, updated countertops, and room for everyday dining. Each of the three bedrooms is well\r\nsized and versatile, making them perfect for comfortable living or flexible use such as a home office. The bathrooms have\r\nalso been improved with newer finishes that add both function and style. Additional highlights include a dry basement\r\nwith storage potential, a convenient laundry area, and HVAC systems that have been updated within the past few years. With its\r\ncombination of updates, solid rental history, and strong market demand in Akron, this property is an excellent opportunity\r\nfor long-term returns featuring a potential 12-15% cap rate. Located near schools, shopping, and public transportation,\r\nthis home is positioned in a convenient area that appeals to many renters. Whether you\u2019re looking to expand your\r\ninvestment portfolio or secure a dependable rental property with a proven track record, this Akron home checks all the\r\nboxes.
Community Information
School District: 
Akron CSD - 7701
Subdivision: 
Portage 08
Building Details
Details about the building on a property.
Architectural Style: 
Bungalow
Stories: 
2
Year Built: 
1916
Living Area: 
1,350
Basement: 
Full,Unfinished
Construction
Construction Materials: 
Wood Siding
Roof: 
Asphalt,Fiberglass
Room Details
Details about the rooms in the building.
Total Rooms: 
6
Total Bedrooms: 
3
Total Bathrooms: 
1
Total Full-Bathrooms: 
1
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air,Gas
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.11
Lot Size (Area): 
0.11
Lot Features
Parking Type: 
Driveway
Public Record
Parcel Number: 
6814514
Annual Tax: 
$949.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
REMAX Diversity Real Estate Group LLC

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