16 IVAN PL — AKRON, OH 44304 · UNIVERSITY PARK Value-add duplex two blocks from Summa Health and the University of Akron. Two-family, ~1,661 sq ft, 2-story frame, built 1910, full finished attic. Downstairs unit vacant with a new water heater; strong two-door income play at a low basis. Ask: $40,000 · Cash · AS-IS ARV: $160,000–$190,000 Est. Rehab: $65,000 (2 kitchens, 2 baths, flooring, paint, mechanicals) All-In: ~$105,000 → 60% of ARV Rent Potential: 2 × $900–950 = $1,800–1,900/mo stabilized COMPARABLE SUPPORT 539 Kling St, 44311 — 3bd/3ba multi, 1,966 sf — $185,000 (active) 543 E Buchtel Ave, 44304 — 3-unit near Summa/U of Akron — active Akron multi-family — average sale $198,971, 35 days on market (Apr 2026) 403 Crouse St, 44311 — 1,706 sf multi — $125,000 sold 3/25/26 (as-is) 277 Fountain St, 44306 — 1,829 sf multi — $125,000 sold 12/8/25 (as-is) Income approach: ~$16,200 NOI at an 11–12% cap = $160K–$190K LOCATION / UPSIDE Two blocks from Summa Health, walking distance to the University of Akron — steady student and medical-employment rental demand. The property sits on the named eastern boundary of Akron's 2023 East Market Street redevelopment area, where the Summa Health assembler (Akron Regional Hospital LLC) is actively acquiring and clearing nearby parcels — adding long-term land/assemblage optionality on top of the two-unit rental value. No institutional purchase represented or guaranteed. CONDITION DISCLOSURE Sold AS-IS. Basement block wall shows movement near the stairwell; cause unverified and reflected in as-is pricing — buyer to evaluate. Front porch settling and roof-area tree contact observed. Buyer independently verifies condition, rehab scope, rents, ARV, legal 2-unit use/occupancy compliance, title, and all figures.

Off-market Fix & Flip deal in Akron, OH 44304. $40,000, 3 bed, 2 bath, 1661 sqft. See photos, the numbers, and make an offer on Buy Box Cartel.

Fix & Flip Multi-Family in Akron, OH 44304 – $40,000