Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
4 Beds
2 Baths
1,728 sqft

$214,900

201-203 S Prospect Street, Kent OH, 44240

Price per sqft$124.36
Built in1920
Property size1,728 sqft
Property typeMulti-family

Overview

Active

Listed Jul 13, 2026

Updated 3 days ago

*Do NOT disturb tenants or walk property without a confirmed appointment!* 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.

$1,430/mo

Est. mortgage payment based on a $214,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
5226426

Interior Features

Bedrooms
4
Bathrooms
2
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.22 Acres

Other Property Details

Taxes
$2,987
Tax Frequency
Annually
Garage
Yes
View
Yes
Municipality
Kent

Courtesy of Keller Williams Chervenic Rlty

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Margo Real Estate & Property Mgmt shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2026 MLS Now. All rights reserved.

Powered by Luxury Presence