multi family in Akron

Active$1,100,000

MLS® Listing#1069679 · Multi Family · Listed Sep 26, 2026

333 Custer Ave, Akron, CO 80720

Akron · Washington County

Showing 5 of 40 photos

1984Year built

0.74Acre lot

Description

Fairview Apartments offers an immediate, dependable cash flow opportunity for a local owner-operator or regional investor looking to build generational wealth with an asset that is as easy to run as it is rewarding to own. Situated in a warm, friendly town known for its welcoming atmosphere, safety, and strong sense of community, the property attracts long-term, conscientious tenants who take pride in where they live. Neighborhood amenities, local parks, and everyday conveniences are just minutes away, making it a place residents are proud to call home. All major capital projects and interior deferred maintenance are 100% complete-featuring brand-new exterior siding, fresh paint, clean landscaping, and updated water heaters and appliances throughout. Operations are simple and cost-efficient. Tenants pay their own electric, and every unit has been upgraded with two through-the-wall A/C units, giving residents full air conditioning-a rare competitive advantage in the local rental market. A dedicated on-site laundry room equipped with two commercial SpeedQueen washers and two dryers (all under two years old) generates an additional $3,600 in reliable annual cash flow. With five units completely renovated and three partially updated, the complex delivers steady, day-one income supported by a respectful, established tenant base. Eight classic yet clean units remain for you to update at your own pace to capture higher rents. Priced at just $68,750 per unit, the property operates at an honest 9.33% in-place cap rate ($102,600 NOI), putting roughly $36,700 in clear annual cash flow in your pocket after servicing a standard 75% bank loan.

Full description online — scan the code for the complete listing.

Property information

Property type: Residential Income
Sub-type: Multi Family
Year built: 1984
Lot size: 0.74 acres
Annual taxes (2025): $5,943
HOA fee: None
Days on market: 9
Zoning: MFH

Features

Appliances: Electric Range · Refrigerator
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Laundry: Common Area
Fencing: Partial
Lot: Level · Paved
Roof: Composition
Construction: Frame · Concrete
Community: Playground · Park
Sewer / Water: Public Sewer · Public

$1,100,000List price

1984Year built

0.74Acre lot

9 days agoOn market

$1,100,000

333 Custer Ave

Akron, CO 80720

Active

Your local EXIT Realty office

EXIT Mosaic RealtyCentennial, COCall

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Description

Property Information

Property type: Residential Income
Sub-type: Multi Family
Year built: 1984
Lot size: 0.74 acres
Zoning: MFH
Days on market: 9
MLS^® Listing#: 1069679

Property Features

Appliances: Electric Range · Refrigerator
Cooling: Wall/Window Unit(s)
Heating: Baseboard
Basement: None
Laundry: Common Area
Fencing: Partial
Lot features: Level · Paved
Construction: Frame · Concrete
Roof: Composition
Windows: Window Coverings
Security: Fire Alarm
Community: Playground · Park
Utilities: Natural Gas Available · Electricity Available
Sewer: Public Sewer
Water source: Public

Schools

Elementary: Akron
Middle: Akron
High: Akron

Financial Details

HOA: None
Annual taxes: $5,943Tax year 2025

Akron Market Statistics

How this home compares to 28 active listings in Akron, CO

	Akron median	This listing
Median listing price	$220,000	$1,100,000
Median days on market	73	9
Median Sq Ft	1,635	—
Median price / Sq Ft	$133	—

Market statistics compiled from active EXIT Realty® and MLS listings in Akron, CO.

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Connect with a Local Real Estate Expert

Stephan Poullier
Associate Broker
EXIT Mosaic Realty
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Description

Property Information

Property Features

Schools

Financial Details

Akron Market Statistics

Commute Calculator

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Connect with a Local Real Estate Expert

Stephan Poullier

Tasha Beckman

Nicole Robilotto

Amanda Edmondson

Marina-Jeanne Lewallen

Amy Ashby

Akron Market Statistics

More homes to consider

381 Bent AvenueAkron, CO 80720#IR1069166

381 Bent AveAkron, CO 80720#1069166

301 Adams AvenueAkron, CO 80720#IR1068134

301 Adams AveAkron, CO 80720#1068134