About This Home

This 0-bedroom, 0-bathroom commercial at 143 Durling Drive in Wadsworth, OH is listed for $11,980,000. Built in 1950, on a 15.00 acres lot.

Key Features

  • Built in 1950
  • 15.00 acre lot
  • Waterfront

Property Details

1950

Amenities

Waterfront
Listing Description

Very desirable scattered site portfolio consisting of 158 rental units under 41 buildings along with three vacant lots. Located throughout the greater suburban Summit County area including Portage Lakes, Ellet, Lakemore, Akron and into Wadsworth in Medina County, this impressive portfolio encompasses an array of styles, is attractive to many different renters and stays consistently occupied.

Gross rents total $1,378,404. Annual expenses are approximately $635,596. Vacancy rate approximately 4%. Housing includes: a private island peninsula, 42-unit building, 22-unit community, 16-unit building, 12-unit building, 9-unit community, 7-unit block, 7 single family homes, 1 quintuplex, 3 quadplexes and 13 duplexes/ twinplexes.

These properties are located in pockets of highly sought- after neighborhoods with established high revenue and very low vacancy rates. There are many garage spaces (not used iby the Tenants) and various coin- operated laundry machines as added ancillary income.

This portfolio generates immediate cash flow and has a long term upside compelling private investors, corporate groups, commercial real estate holdings and individual investors into an impressive acquisition with a single transaction. 86 of the units are 2bd, 65 are 1bd, 6 are 3bd and one is a studio .

Additional parcel numbers: 6703228, 6723671, 6733288, 6733289, 6742140, 6742141, 6726936, 6761197, 6762834, 6800459, 6828011, 6854980, 6824202, 6835384, 6809851, 6809854, 6839061, 6838852, 6842468, 6819826, 6801160, 1906872, 1904742, 2200101, 2200805, 1901895, 1901894, 1901895, 1901898, 19006041, 5109925, 5400854, 5402242, 5400856, 5400546, 5401998. Financials available upon request with a signed NDA. Buyer to verify all information. contained herein.

Monthly Cost Estimate

$64,072/mo

20% down · 6.5% · 30 years

Principal$8,664
Interest$51,913
Insurance$3,494

Estimates only. Actual payments may vary.

Location

143 Durling Drive

Wadsworth, OH 44281

Property Details

Outdoor Features

Patio

Parking

Paved or SurfacedDrivewayCoveredOff StreetGarage

Heating

Forced AirElectric (Heating)Natural GasRadiant

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 143 Durling Drive is listed at $11,980,000. The estimated monthly payment is $64,071 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 15.00 acre lot, Waterfront.

This property is listed by Lisa M Schmitt.

LS

Lisa M Schmitt

License 2004022536

Agent at Stouffer Realty Inc

Listed by Stouffer Realty Inc · Broker phone: (330) 835-4900 · Broker website

MLS# 5243114· Source: MLS Now· 49 days on PropertySimple

Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

143 Durling Drive, Wadsworth, OH 44281

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