Property Description

$2,300/month gross rental income! Welcome to 1931 Preston Ave ? a turnkey cash-flowing duplex perfectly positioned on a quiet private dead-end street surrounded by residential homes. This is the kind of low-maintenance investment investors search for: peaceful location, strong rental demand, and reliable income all in one package. The property features two renovated 2 bed / 1 bath units with separate utilities and central air in each unit, helping reduce landlord expenses while increasing tenant comfort. Additional highlights include a large balcony, private parking lot, and a residential setting that offers added privacy and appeal. Whether you're a local investor or building an out-of-state portfolio, this income-producing duplex delivers the cash flow and stability you want in a rental property. POTENTIAL PACKAGE OF ALL 4 DUPLEX ON SAME LOT! 1919-1921 Preston Ave., 1925-1927 Preston Ave., 1931-1933 Preston Ave., 1937-1939 Preston Ave.!

1933 Preston Avenue | MLS# 5214319

This multi-family property located at 1933 Preston Avenue, Akron, OH 44305 is currently listed for sale with an asking price of $224,800. Preston Avenue is located within the Akron City school district. Search Akron real estate on 2462laneroad.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Basement: None

Cooling: Central Air

Days on Market: 2

Heating: Forced Air, Gas

Lot Size: 0.12 Acres

Roof Type: Asphalt, Fiberglass

Stories: 2.0

Taxes: $2,180 / year

Year Built: 1963

Feature Descriptions

Exterior: Brick

Parcel#: 6712088

Parking: On Site

Sewer: Public Sewer

Water: Public

Local Schools

School District: Akron City

Demographics

Summit County Demographic Information for 1933 Preston Avenue, Akron, OH 44305

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

Estimate Your Payment

Estimated Payment

$ 1,401.74 per month $1,154.51 Principal & Interest $181.67 Property Tax $65.57 Homeowner's Insurance

Change Payment Information

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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 06/01/2026. The listing information on this page last changed on 06/01/2026. 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 Mon 06/01/2026 12:20:19 AM EST) or Dayton MLS (last updated Sun 05/31/2026 11:46:43 PM EST) or CBRMLS (last updated Mon 06/01/2026 12:19:36 AM EST) or Multiple Listing Service of Greater Cincinnati (last updated Sun 05/31/2026 11:53:26 PM EST) or NKY MLS (last updated Sun 05/31/2026 11:28:20 PM EST) or Wrist MLS (last updated Sun 05/31/2026 11:24:21 PM EST) or Firelands MLS (last updated Sun 05/31/2026 11:11:26 PM EST) or MLS NOW (last updated Mon 06/01/2026 12:17:35 AM EST). Real estate listings held by brokerage firms other than Cutler Real Estate 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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1933 Preston AvenueAkron, OH 44305