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201-203 S Prospect Street, Kent, OH 44240

$214,900
  • 201-203 S Prospect Street, Kent, OH 44240 Main Photo
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New to the Market Active
BEDS4 BATHS2 full SQUARE FEET1,728 MLS#5226426
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONKent SCHOOLKent City

Property Description

Turn-Key Duplex Investment in the Heart of Kent! Don't miss this outstanding opportunity to own a well-maintained side-by-side duplex on a quiet residential street, just minutes from downtown Kent and Kent State University. Each spacious unit features 2 bedrooms, 1 full bath. Tenants enjoy a comfortable living area on the main level, and private bedrooms and bath upstairs. Outside, tenants will appreciate the detached garage along with a second outbuilding, offering additional storage and functionality rarely found in comparable properties. Currently leased thru 7/31/2027, tenants paying $1,100/mth and $975/mth, the property generates immediate rental income while providing the flexibility to adjust rents up or explore future occupancy options. Newer furnaces in both units. Some newer windows too. Tenants pay all utilities. Located just minutes from Kent State University, downtown Kent's restaurants, shopping, entertainment, and year-round community events, this property offers the perfect combination of convenience, strong rental demand, and long-term appreciation potential. Whether you're a seasoned investor expanding your portfolio or purchasing your first income-producing property, this turn-key duplex is a smart investment with immediate cash flow. Looking for more investment opportunities? The seller is offering multiple income-producing properties in Stow, Kent, Canton, and Akron. Contact me for additional information on this unique investment portfolio and available package opportunities.

201-203 S Prospect Street | MLS# 5226426

This multi-family property located at 201-203 S Prospect Street, Kent, OH 44240 is currently listed for sale with an asking price of $214,900. 201-203 S Prospect Street is located within the Kent City school district. Search Kent real estate on www.kikorealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished, Walk-Up Access
Cooling: None, Wall Unit(s), Wall/Window Unit(s)
Garage: 2
Heating: Forced Air, Gas
Lot Size: 0.22 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,987 / year
Year Built: 1920

Amenities

Private Yard

Feature Descriptions

Appliances: Range, Refrigerator
Days on Site: 2
Exterior: Vinyl Siding
Laundry: In Unit
Lot: Back Yard
Parcel#: 17-025-20-00-109-000
Parking: Alley Access, Driveway, Detached, Garage, Unpaved
Sewer: Public Sewer
View: City
Water: Public
Window: Double Pane Windows

Local Schools

School District: Kent City

Listed By / Shown By

Listed By

Agency Name: Keller Williams Chervenic Rlty
Agency Contact: jodi@mignanos.com, 330-338-9047

Shown By

Agency Title: KIKO Real Estate
Agency Phone: (800) 533-5456

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Estimated Payment

$ 789.87 per month $478.27 Principal & Interest $248.92 Property Tax $62.68 Homeowner's Insurance

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