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Jerry Mazanec
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REALTOR®, SRES-Seniors Real Estate Specialist
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1894-1898 Springfield Lake Boulevard, Akron, OH 44312

$2,100,000
  • 1894-1898 Springfield Lake Boulevard, Akron, OH 44312 Main Photo
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New to the Market Active
MLS#5201659
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONSpringfield SCHOOLAkron City

Property Description

Rare opportunity to acquire a beautifully maintained, modern 24 unit apartment community in the desirable Ellett area, conveniently located near major highways, dining, and shopping. The apartment community has a strong unit mix of six one bedroom units and eighteen two bedroom units. Each unit has a sunny an open kitchen and living room, and all one bedroom units feature walk in closets, while select two bedroom units also include spacious walk in closets. Tenants pay electric (HVAC and water tanks are electric), owner pays water/trash/sewer. The property has seen substantial capital improvements, including new roofs and siding on both buildings completed in 2023. Since 2019, upgrades include 13 new HVAC systems, 9 new hot water tanks, updated flooring in 13 units, and numerous new kitchen appliances. Residents enjoy flexible laundry options with both a common area coin operated facility and in unit washer/dryer hookups. Situated on a spacious lot along a quiet residential street, the property offers ample off-street parking for tenants. With consistently low vacancy, this asset presents an excellent investment opportunity that offers a considerable upside potential on rent growth.

1894-1898 Springfield Lake Boulevard | MLS# 5201659

This commercial property located at 1894-1898 Springfield Lake Boulevard, Akron, OH 44312 is currently listed for sale with an asking price of $2,100,000. 1894-1898 Springfield Lake Boulevard is located within the Akron City school district. Search Akron real estate on jmazanec.dehoff.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Heating: Electric, Forced Air, Heat Pump
Lot Size: 0.93 Acres
Stories: 2.0
Taxes: $50,048 / year
Year Built: 2002

Feature Descriptions

Parcel#: 6859302
Parking: On Site, Paved
Sewer: Public Sewer
Water: Public

Local Schools

School District: Akron City

Listed By / Shown By

Listed By

Agency Name: RE/MAX Market Solutions
Agency Contact: kellywiseproperties@gmail.com, 330-907-4100

Shown By

Agent Name: Jerry Mazanec
Agent Phone: (330) 571-0922
Agency Title: DeHOFF REALTORS

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/16/2026. The listing information on this page last changed on 04/16/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/16/2026 6:11:28 AM EST) or MLS NOW (last updated Thu 04/16/2026 12:17:36 AM EST). Real estate listings held by brokerage firms other than DeHOFF REALTORS may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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