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 Est. payment   /mo
0.33 Acres Lot
New
1605 S Water ST Kent, OH 44240
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Key Details
Property Type Commercial
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Younkman
MLS Listing ID 5169334
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1963
Annual Tax Amount $9,149
Tax Year 2024
Lot Size 0.329 Acres
Acres 0.3291
Property Sub-Type Apartment
Property Description
18-Unit Apartment Building Recently Updated. Near Kent State University, Portage County, OH. (4) 2-Bedroom & (14) 1-Bedroom Units, Public Utilities Live Auction with Online Bidding Available. ABSOLUTE AUCTION, all sells to the highest bidder on location. ONLINE BIDDING BEGINS THURSDAY, NOVEMBER 13, 2025, AT 12:30 PM, AND AUCTION LIVE ON-SITE BIDDING WILL BEGIN MONDAY, NOVEMBER 17, 2025, AT 12:30 PM. Real Estate offers a tastefully updated and remodeled 18-unit apartment building. There are (4) 2-bedroom units and (14) 1-bedroom units. Each unit offers a living room, a kitchen with appliances and full bathroom.  Additional features include paved parking, gas hot water heat, public utilities, and a laundry facility with coin-operated machines. Updates include roof in 2023, boilers in 2024, electric panels in 2024, exterior stain in 2025, and a majority of the units were updated in 2024/2025.  Owner pays heat, water, sewer, and trash. Taxes per half year are $4,575.  The property is within walking distance to Kent State University, shopping, and restaurants. Combined monthly rent as of August 2025 is $16,110. 
Location
State OH
County Portage
Interior
Heating Gas, Hot Water, Steam
Cooling Electric, Window Unit(s)
Fireplace No
Exterior
Parking Features Asphalt
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Construction Status Updated/Remodeled
Schools
School District Kent Csd - 6705
Others
Tax ID 17-006-20-00-044-000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Auction

Listed by Randy L Compton • Kiko • rcompton@kikocompany.com, 330-704-5702
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