1605 S Water Street, Kent, OH 44240 - Portage County

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.

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