1801 Malasia Rd · Akron, OH 44305

$95,000

3 bd · 1.0 ba · 1,384 sqft · SingleFamily public records · 49 Days on market

Built 1924 6,551 sqft lot $69/sqft · 36% below area Est $147k · 36% under

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Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +9.8/10.0
• Livability +4.0/5.0
• Rent growth +3.6/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 1801 Malasia Road – a three bedroom, one bathroom home in Akron. This home has a large front porch, perfect for entertaining or just relaxing outdoors. The kitchen and dining rooms are both bright and fresh with beautiful hardwood floors. This home has a living room and a den, providing lots of space for daily life. The den has sliding glass doors that lead to a concrete patio and fenced-in backyard. Bathroom has updated flooring and neutral décor. Bedrooms are a nice size. Newer AC, high efficiency furnace with wifi compatable thermostat. The hookups for stove and dryer can be gas or electric if needed. This home is close to Goodyear Heights Metro Park and also is conveniently located a few miles from I-76.

Key facts

• 6,551 sq ft lot
• Built 1924
• Listed 49 days

Property features AI

Exterior

• Parking: No garage; Paved parking
• Utilities: Public water; Public sewer
• Home design: 2-story home; Vinyl siding; Asphalt/fiberglass roof
• Construction: Built according to public records; Vinyl siding construction; Asphalt/fiberglass roof
• Exterior features: Deck; Patio; Back yard fenced with full wood fence

Interior

• Kitchen: Cooktop; Dishwasher; Microwave; Range
• Bathrooms: 1 full bathroom
• Heating & cooling: Central air conditioning; Forced air heating (gas)
• Interior features: Unfinished basement; 7 total rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $95k.

Deal economics

• At list price, monthly cash flow is $402 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $95k).
• Recommended offer: $92k (3.0% below list) — sets the bar for market timing.
• Cap rate 11.4% vs local median 6.6% in Akron — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 81/100 on livability (#104 in OH, #1,591 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: crime F, employment F.
• Akron City (urban): math 22% / reading 30% proficiency, ranked #602 of 656 in OH (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+4.5%/yr); 101 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 57% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,114 units permitted in Summit County in 2024 (397 in 5+ unit buildings).
• This rent runs 32% of the median local income ($53k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $657 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Summit County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 4.5% rent growth), your $27k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 49 days — a 3% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 32y ago; this cycle's ask has dropped $25k (21%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $76k; 25% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1924 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $92,150 (3.0% below list)

Questions for the listing agent

1. It's been on market 49 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1924 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.48% ✓
• Cap rate: 11.37%
• Cash-on-cash: 18.14%
• DSCR: 1.81
• GRM: 5.6

CMA / ARV

• ARV (median comp): $147,485
• List price: $95,000
• Delta: -35.59%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1837 Marks Ave	0.26mi	3/2.0	1,330 (-4%)	3mo	$156,000	$117	74
1604 Hampton Rd	0.39mi	3/1.0	1,348 (-3%)	4mo	$132,500	$98	74
465 Saint Leger Ave	0.45mi	3/1.0	1,412 (+2%)	3mo	$122,500	$87	73
1591 Pilgrim St	0.45mi	3/1.5	1,408 (+2%)	2mo	$122,000	$87	72
365 Larkin Ave	0.48mi	3/2.0	1,344 (-3%)	3mo	$166,000	$124	67
2120 Newton St	0.65mi	4/1.0 (+1)	1,445 (+4%)	1mo	$150,000	$104	56
82 Dellenberger Ave	0.67mi	2/2.0 (-1)	1,352 (-2%)	2mo	$140,000	$104	55
1438 Newton St	0.73mi	4/1.0 (+1)	1,429 (+3%)	2mo	$90,000	$63	54
601 Saint Leger Ave	0.70mi	2/1.0 (-1)	1,316 (-5%)	1mo	$125,000	$95	53
1442 Hillside Ter	0.68mi	3/1.5	1,533 (+11%)	3mo	$70,000	$46	46
1601 Tonawanda Ave	0.70mi	3/2.0	1,235 (-11%)	1mo	$149,900	$121	44
561 Melrose St	0.71mi	3/1.0	1,182 (-15%)	1mo	$132,500	$112	42

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 4.51% rent growth · sell at horizon

5-year hold

• IRR: 11.6%
• Equity multiple: 1.47×
• Total profit: $12,445
• Equity at exit: $14,165

10-year hold

• IRR: 21.8%
• Equity multiple: 3.00×
• Total profit: $53,223
• Equity at exit: $8,214

Cash invested: $26,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 73 Landlord-Friendly
• State Ohio: 73 Landlord-Friendly · R+6
• County: — inherits STATE
• City: — inherits STATE

3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

Methodology + full state rankings →

ZIP-level market 44305

• Rents YoY: 4.5%
• Active inventory: 101
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $1,407 high
• Mortgage (P&I): −$498
• Tax from tax record: −$172 /mo · $2,061/yr
• Insurance: −$40
• HOA: −$0
• Vacancy / Maint / Mgmt: −$296
• Net cashflow: $402

Break-even live

Break-even rent $898

Max offer price $95,000

Occupancy floor 66%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $23,750
• Closing costs: $2,850
• Reserves months: —
• Total cash needed: —

Rent comps 14 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
248 Malacca St Akron, OH	3.0	2.0	1854	$1,350	$0.73	43d	1	0.12mi
1598 Pilgrim St Akron, OH	3.0	1.0	1352	$1,550	$1.15	43d	1	0.45mi
1438 Newton St Akron, OH	4.0	1.0	1429	$1,375	$0.96	23d	1	0.75mi
1428 Sara Ave Akron, OH	2.0	1.0	1080	$1,050	$0.97	14d	1	0.75mi
1395 Goodyear Blvd Akron, OH	3.0	1.5	1542	$1,450	$0.94	43d	1	0.78mi
1297 Pondview Ave Akron, OH	4.0	1.0	1373	$1,450	$1.06	23d	1	0.92mi
288 Kryder Ave Akron, OH	4.0	1.0	1400	$1,450	$1.04	43d	1	0.96mi
1318 Arnold Ave Akron, OH	3.0	1.0	1056	$1,450	$1.37	43d	1	1.07mi
208 Barder Ave Akron, OH	3.0	1.0	924	$1,050	$1.14	43d	1	1.08mi
589 Eastland Ave Akron, OH	3.0	1.5	1345	$1,300	$0.97	43d	1	1.10mi
1635 Bronson Rd Akron, OH	3.0	1.0	1110	$1,245	$1.12	14d	1	1.21mi
2620 Mogadore Rd Akron, OH	2.0	1.0	936	$1,250	$1.34	14d	1	1.27mi
1113 Smithfarm Ave Akron, OH	3.0	2.0	1296	$1,600	$1.23	23d	1	1.36mi
1190 Hazel St Akron, OH	3.0	1.0	1124	$1,425	$1.27	43d	1	1.49mi

Listing history 37 events

1. 2026-06-18
   days on market $95,000 Active 49 DOM
2. 2026-06-17
   days on market $95,000 Active 48 DOM
3. 2026-06-16
   days on market $95,000 Active 47 DOM
4. 2026-06-15
   days on market $95,000 Active 46 DOM
5. 2026-06-14
   days on market $95,000 Active 44 DOM
6. 2026-06-13
   days on market $95,000 Active 43 DOM
7. 2026-06-10
   statusdays on market $95,000 Active 41 DOM
8. 2026-06-09
   days on market $95,000 Contingent 40 DOM
9. 2026-06-08
   days on market $95,000 Contingent 39 DOM
10. 2026-06-07
    days on market $95,000 Contingent 38 DOM
11. 2026-06-05
    statusdays on market $95,000 Contingent 35 DOM
12. 2026-06-03
    days on market $95,000 Active 34 DOM
13. 2026-06-02
    days on market $95,000 Active 33 DOM
14. 2026-06-01
    days on market $95,000 Active 32 DOM
15. 2026-05-31
    days on market $95,000 Active 31 DOM
16. 2026-05-31
    pricedays on market $95,000 Active 30 DOM
17. 2026-05-10
    price $110,000 891-char remark
18. 2026-04-29
    listed $120,000 Active 891-char remark
19. 2020-07-06
    soldstatus $76,000 Closed 742-char remark

    Show marketing remark (742 chars)

    Welcome to 1801 Malasia Road – a three bedroom, one bathroom home in Akron. This home has a large front porch, perfect for entertaining or just relaxing outdoors. The kitchen and dining rooms are both bright and fresh with beautiful hardwood floors. This home has a living room and a den, providing lots of space for daily life. The den has sliding glass doors that lead to a concrete patio and fenced-in backyard. Bathroom has updated flooring and neutral décor. Bedrooms are a nice size. Newer AC, high efficiency furnace with wifi compatable thermostat. The hookups for stove and dryer can be gas or electric if needed. This home is close to Goodyear Heights Metro Park and also is conveniently located a few miles from I-76.

20. 2020-07-06
    soldstatus $76,000

    Show marketing remark (742 chars)

    Welcome to 1801 Malasia Road – a three bedroom, one bathroom home in Akron. This home has a large front porch, perfect for entertaining or just relaxing outdoors. The kitchen and dining rooms are both bright and fresh with beautiful hardwood floors. This home has a living room and a den, providing lots of space for daily life. The den has sliding glass doors that lead to a concrete patio and fenced-in backyard. Bathroom has updated flooring and neutral décor. Bedrooms are a nice size. Newer AC, high efficiency furnace with wifi compatable thermostat. The hookups for stove and dryer can be gas or electric if needed. This home is close to Goodyear Heights Metro Park and also is conveniently located a few miles from I-76.

21. 2020-05-26
    historical Contingent 742-char remark

    Show marketing remark (742 chars)

    Welcome to 1801 Malasia Road – a three bedroom, one bathroom home in Akron. This home has a large front porch, perfect for entertaining or just relaxing outdoors. The kitchen and dining rooms are both bright and fresh with beautiful hardwood floors. This home has a living room and a den, providing lots of space for daily life. The den has sliding glass doors that lead to a concrete patio and fenced-in backyard. Bathroom has updated flooring and neutral décor. Bedrooms are a nice size. Newer AC, high efficiency furnace with wifi compatable thermostat. The hookups for stove and dryer can be gas or electric if needed. This home is close to Goodyear Heights Metro Park and also is conveniently located a few miles from I-76.

22. 2020-05-11
    listed $78,000 Active 742-char remark

    Show marketing remark (742 chars)

    Welcome to 1801 Malasia Road – a three bedroom, one bathroom home in Akron. This home has a large front porch, perfect for entertaining or just relaxing outdoors. The kitchen and dining rooms are both bright and fresh with beautiful hardwood floors. This home has a living room and a den, providing lots of space for daily life. The den has sliding glass doors that lead to a concrete patio and fenced-in backyard. Bathroom has updated flooring and neutral décor. Bedrooms are a nice size. Newer AC, high efficiency furnace with wifi compatable thermostat. The hookups for stove and dryer can be gas or electric if needed. This home is close to Goodyear Heights Metro Park and also is conveniently located a few miles from I-76.

23. 2020-05-11
    historical

    Show marketing remark (742 chars)

    Welcome to 1801 Malasia Road – a three bedroom, one bathroom home in Akron. This home has a large front porch, perfect for entertaining or just relaxing outdoors. The kitchen and dining rooms are both bright and fresh with beautiful hardwood floors. This home has a living room and a den, providing lots of space for daily life. The den has sliding glass doors that lead to a concrete patio and fenced-in backyard. Bathroom has updated flooring and neutral décor. Bedrooms are a nice size. Newer AC, high efficiency furnace with wifi compatable thermostat. The hookups for stove and dryer can be gas or electric if needed. This home is close to Goodyear Heights Metro Park and also is conveniently located a few miles from I-76.

24. 2020-03-28
    status Active
25. 2020-02-19
    historical Contingent
26. 2020-01-19
    price $81,500
27. 2019-12-06
    price $86,500
28. 2019-11-13
    price $89,500
29. 2019-10-24
    listed $95,000 Active
30. 2001-03-12
    soldstatus $78,900
31. 2000-10-31
    listed $79,900
32. 1997-05-18
    historical
33. 1996-11-22
    listed $78,000
34. 1994-03-22
    soldstatus $59,150
35. 1994-01-23
    listed $57,900
36. 1987-10-09
    soldstatus $34,500
37. 1979-05-31
    soldstatus $26,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast OH · Partial reset (capped growth)

• Current annual tax: $2,061 · $172/mo
• Projected year-2 tax: $2,061 · $172/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥96°F today · 16 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,887
• − Mortgage interest: −$5,321
• − Property taxes: −$2,061
• − Insurance: −$475
• − Repairs & maintenance: −$1,351
• − Management: −$1,351
• − Depreciation: −$2,764
• Taxable income: $3,564
• Est. tax owed @ 24.0%: −$855
• After-tax cash flow: $3,971/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Akron City
• NCES district ID: 3904348
• Math proficiency: 22% ▼ -17.00%
• Reading proficiency: 30% ▼ -12.00%
• Median HH income: $33,811
• Composite: 21.31/100
• National rank: #8383
• State rank: #602 of 656 in OH

Livability — Akron

• Score: 81/100
• State rank: #104
• US rank: #1591

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment F Housing A+ Health & safety A+ User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Akron, OH
• County: Summit County · 440,783 people
• City population: 174,375
• Metro: Akron, OH
• Population (ZIP): 21,103
• Household income: $52,768
• Rent vs Own: 42.7% rent · 57.3% own
• Severe rent burden: 1021.0

Population outlook (Summit County) Hauer SSP2

• Today (2025): 546,583 people
• By 2030: 544,028 · -0.5%
• By 2040: 531,363 · -2.8%
• By 2050: 514,923 · -5.8%
• By 2075: 481,765 · -11.9%
• By 2100: 432,265 · -20.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.57)
• Race & ethnicity: White 62% Black 20% Two or more races 12% Asian 5% Hispanic / Latino 2%
• Common ancestry: Lithuanian 3% Slovak 2% Romanian 2%
• Foreign-born: 4% · India, Philippines, Canada
• Languages at home: 94% English-only · Other Asian/Pacific 3% Other Indo-European 1% Spanish 1%

Political lean MEDSL · Summit

• 2024 margin: Lean D (+7.0) · D 53.0% · R 46.0%
• 2008→2024 swing: -9.6pp toward R · 2008: 16.6pp · 2024: 7.0pp
• All cycles: 2024: D+7.0 2020: D+9.6 2016: D+8.2 2012: D+14.8 2008: D+16.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -140.39%
• Current HPI: 190.6223
• Rent YoY: ▲ 4.51%
• Metro: Akron, OH
• State GDP YoY: ▲ 1.98%
• F500 in state: 48

Industry mix (Fortune 500 HQ in OH)

Industry	F500 HQs	Revenue
▸Insurance	3	$145B
▸Industrial Machinery	3	$49B
▸Financial Services	3	$24B
▸Consumer Goods	2	$93B
▸Aerospace / Defense	2	$47B
▸Utilities	2	$33B

Price history

+258.5% since first listed

25 events — show timeline

• 2026-06-10 Relisted — MLSNOW
• 2026-06-04 Contingent — MLSNOW
• 2026-05-29 Price Changed $95,000 MLSNOW
• 2026-05-19 Price Changed $105,000 MLSNOW
• 2026-05-10 Price Changed $110,000 MLSNOW
• 2026-04-29 Listed $120,000 MLSNOW
• 2020-07-06 Sold (Public Records) $76,000 Public Records
• 2020-07-06 Sold (MLS) $76,000 MLSNOW
• 2020-05-26 Contingent — MLSNOW
• 2020-05-11 Listing Removed — MLSNOW
• 2020-05-11 Listed $78,000 MLSNOW
• 2020-03-28 Relisted — MLSNOW
• 2020-02-19 Contingent — MLSNOW
• 2020-01-19 Price Changed $81,500 MLSNOW
• 2019-12-06 Price Changed $86,500 MLSNOW
• 2019-11-13 Price Changed $89,500 MLSNOW
• 2019-10-24 Listed $95,000 MLSNOW
• 2001-03-12 Sold (Public Records) $78,900 Public Records
• 2000-10-31 Listed $79,900 MLSNOW
• 1997-05-18 Listing Removed — MLSNOW
• 1996-11-22 Listed $78,000 MLSNOW
• 1994-03-22 Sold (Public Records) $59,150 Public Records
• 1994-01-23 Listed $57,900 MLSNOW
• 1987-10-09 Sold (Public Records) $34,500 Public Records
• 1979-05-31 Sold (Public Records) $26,500 Public Records

Property tax history

+2.0%/yr

Latest (2025): $2,061 · +0.2% YoY. Source: county tax records.