242 Madison Ave
Akron, OH 44320
4 bd 2 ba 2,352 sqft Built 1919 Lot 5,000 sqft multi_family
Most recent sale
$25,500
Oct 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 5, 2024 | Sold | $25,500 | Public Record |
| Oct 19, 2022 | Sold | $25,500 | MLS #4408173 |
| Sep 12, 2022 | Listed | $31,800 | MLS #4408173 |
| Mar 22, 1995 | Sold | $37,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $26,646 | $5,422 | $32,068 | $2,343 |
| 2024 | $26,646 | $5,422 | $32,068 | $2,323 |
| 2023 | $26,646 | $5,422 | $32,068 | $2,074 |
| 2022 | $16,639 | $3,189 | $19,828 | $1,615 |
| 2021 | $16,639 | $3,189 | $19,828 | $1,996 |
| 2020 | $16,639 | $3,189 | $19,828 | $3,181 |
| 2019 | $15,568 | $4,785 | $20,353 | $1,782 |
| 2018 | $15,568 | $4,785 | $20,353 | $1,762 |
| 2017 | $15,568 | $4,785 | $20,353 | $1,760 |
| 2016 | $15,568 | $4,785 | $20,353 | $1,737 |
| 2015 | $15,568 | $4,785 | $20,353 | $1,736 |
| 2014 | $15,568 | $4,785 | $20,353 | $1,724 |
| 2013 | $15,719 | $4,785 | $20,504 | $1,703 |
| 2012 | $15,719 | $4,785 | $20,504 | $1,675 |
| 2011 | $15,719 | $4,785 | $20,504 | $1,499 |
| 2010 | $19,243 | $5,317 | $24,560 | $1,683 |
| 2009 | $19,243 | $5,317 | $24,560 | $1,616 |
| 2008 | $19,243 | $5,317 | $24,560 | $1,613 |
| 2007 | $19,597 | $4,606 | $24,203 | $1,555 |
Property facts
Year built
1919
Property type
multi_family
Stories
2
Beds
4
Baths
2
Living area
2,352 sqft
Lot size
5,000 sqft
ZIP code
44320
City
Akron
Street
Madison Ave
Coordinates
41.09155, -81.55087
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$153
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 242 Madison Ave last sell?
242 Madison Ave most recently sold on Oct 19, 2022 for $25,500.
What is the current tax assessment for 242 Madison Ave?
The most recent total assessment for 242 Madison Ave (year 2025) is $32,068 with $2,343 in property tax.
How does 242 Madison Ave's assessment compare to its last sale price?
The current assessment is 25.8% above the last sale price of $25,500.
When was 242 Madison Ave built?
242 Madison Ave was built in 1919.
How does 242 Madison Ave compare to others on Madison Ave?
We track 8 other properties on Madison Ave. Browse the list under "Other properties on Madison Ave" to compare beds, baths, and sale history.
What are the property facts for 242 Madison Ave?
242 Madison Ave is a 4 bed, 2 bath, 2,352 sqft, 5,000 sqft lot multi_family.
Is 242 Madison Ave a flip candidate?
No — 242 Madison Ave does not appear in our flips dataset.
Is 242 Madison Ave a tax-appeal candidate?
No — 242 Madison Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.2%
Implied 1-yr
+9.0%
2026 Q3
$158.7K
2026 Q4
$161.8K
ZIP 44320 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madison Ave