14 Stewart Way · Akron, OH 44303

$64,000

3 bd · 1.0 ba · 1,144 sqft · SingleFamily public records · 21 Days on market

Built 1917 0.28 ac lot Est $89k · 28% 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
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

ATTENTION INVESTORS! GREAT PROPERTY in a VERY private street near Tangier Conference Center on a dead end street right off of West Market St. near the downtown area - approx. 5 minutes from Akron U. VERY MOTIVATED SELLER will consider offers! AS-IS, CASH, and quick closing is PREFERRED!

Key facts

• Ample storage space
• Gravel parking area
• Large covered porch

Tags

• DETACHED GARAGE
• GRAVEL PARKING AREA
• LARGE METAL OUTBUILDING
• TWO ADDITIONAL STORAGE SHEDS
• LARGE COVERED PORCH
• AMPLE STORAGE SPACE

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $64k.

Deal economics

• At list price, monthly cash flow is $411 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $64k).
• Recommended offer: $63k (1.5% below list) — sets the bar for market timing.
• Cap rate 14.0% 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: 40 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 62% 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).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $442 of loan paydown is wiped out by about $2k 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 + 3.0% rent growth), your $18k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 21 days — a 2% lower offer ($63k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 20y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $10k; list at $64k implies a 546% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1917 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $63,040 (1.5% below list)

Questions for the listing agent

1. Built in 1917 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
4. 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.
5. 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.
6. 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: 1.68% ✓
• Cap rate: 14.01%
• Cash-on-cash: 27.55%
• DSCR: 2.23
• GRM: 5.0

CMA / ARV

• ARV (on-the-fly): $89,232
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
90 Nickel St	0.24mi	3/1.0	1,184 (+4%)	7mo	$87,000	$73	77
213 Gale St	0.43mi	3/1.0	1,104 (-4%)	8mo	$83,000	$75	67
143 Gale St	0.33mi	3/1.0	1,120 (-2%)	19mo	$72,000	$64	65
123 Gale St	0.31mi	3/2.0	1,240 (+8%)	4mo	$96,500	$78	64
62 Aqueduct St	0.05mi	3/1.0	980 (-14%)	19mo	$132,000	$135	58
142 Westwood Ave	0.32mi	3/1.5	1,262 (+10%)	12mo	$195,900	$155	56
427 Kathleen St	0.69mi	3/1.0	1,242 (+9%)	4mo	$175,000	$141	50
161 S Portage Path	0.58mi	3/2.0	1,206 (+5%)	15mo	$37,000	$31	47
125 Mustill St	0.66mi	2/1.0 (-1)	1,088 (-5%)	12mo	$70,000	$64	46
615 Hillsdale Ave	0.73mi	3/1.0	1,032 (-10%)	10mo	$225,000	$218	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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 21.6%
• Equity multiple: 1.88×
• Total profit: $15,844
• Equity at exit: $9,543

10-year hold

• IRR: 29.7%
• Equity multiple: 3.66×
• Total profit: $47,593
• Equity at exit: $5,534

Cash invested: $17,920 (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 44303

• Active inventory: 40
• Price-to-rent: 5.0×

Monthly cashflow live

• Estimated rent: $1,077 high
• Mortgage (P&I): −$336
• Tax from tax record: −$77 /mo · $927/yr
• Insurance: −$27
• HOA: −$0
• Vacancy / Maint / Mgmt: −$226
• Net cashflow: $411

Break-even live

Break-even rent $556

Max offer price $64,000

Occupancy floor 57%

Sensitivity live

Price	-10% $448	-5% $429	+0% $411	+5% $393	+10% $375
Rent	-10% $326	-5% $369	+0% $411	+5% $454	+10% $496
Rate	-1.0pp $444	-0.5pp $428	base $411	+0.5pp $395	+1.0pp $378

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: $16,000
• Closing costs: $1,920
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
39 N Balch St Akron, OH	4.0	1.0	1000	$995	$0.99	44d	1	0.08mi
45 Oakdale Ave Unit A Akron, OH	2.0	1.0	1000	$875	$0.88	24d	1	0.11mi
45 Oakdale Ave Akron, OH	2.0	1.0	1000	$900	$0.90	15d	1	0.11mi
55 S Balch St Unit A Akron, OH	2.0	1.0	1500	$800	$0.53	24d	1	0.13mi
55 S Balch St Unit B Akron, OH	2.0	1.0	850	$775	$0.91	44d	1	0.13mi
53 S Balch St Unit 55 Akron, OH	2.0	1.0	1500	$850	$0.57	15d	1	0.14mi
502 Evelyn Ct Akron, OH	2.0	1.0	900	$950	$1.06	44d	1	0.30mi
152 S Balch St Akron, OH	3.0	1.5	1000	$1,195	$1.20	44d	1	0.30mi
627 Crosby St Unit B Akron, OH	4.0	1.0	1200	$875	$0.73	44d	1	0.37mi
202 Westwood Ave Akron, OH	3.0	1.0	1344	$1,250	$0.93	15d	1	0.39mi
114 Beck Ave Unit 1 Akron, OH	2.0	1.0	840	$850	$1.01	24d	1	0.44mi
199 Beck Ave Unit 2 Akron, OH	2.0	1.0	926	$1,300	$1.40	24d	1	0.45mi
678 Crosby St Unit 3 Akron, OH	2.0	1.0	1000	$780	$0.78	44d	1	0.47mi
207 Crosby St Akron, OH	4.0	1.0	1200	$1,395	$1.16	44d	1	0.48mi
80 Byers Ave Unit A Akron, OH	2.0	1.0	900	$995	$1.11	44d	1	0.51mi
445 S Maple St Akron, OH	3.0	1.5	1041	$1,240	$1.19	44d	7	0.63mi
378 Trigonia Dr Akron, OH	3.0	1.5	1090	$1,200	$1.10	44d	1	0.64mi
900 W Market St Akron, OH	2.0–3.0	1.5–2.0	1880	$2,340	$1.24	24d	6	0.82mi
80 N Portage Path Akron, OH	2.0–3.0	2.0	1462	$1,720	$1.18	44d	1	0.89mi
115 N Portage Path Unit 6 Akron, OH	2.0	1.0	1200	$1,195	$1.00	44d	1	0.93mi
918 Bye St Akron, OH	3.0	1.0	1248	$1,200	$0.96	44d	1	0.94mi
677 Crossings Ln Akron, OH	3.0	2.5	1440	$1,950	$1.35	24d	1	0.96mi
924 Hamlin St Akron, OH	3.0	1.0	1106	$1,300	$1.18	44d	1	0.97mi
916 Peckham St Akron, OH	2.0	1.0	936	$850	$0.91	44d	1	0.98mi
489 N Howard St Unit 101 Akron, OH	2.0	1.0	700	$799	$1.14	44d	1	0.99mi
156 S Main St Akron, OH	2.0–3.0	2.0	1197	$2,985	$2.49	24d	4	1.00mi
15 W York St Akron, OH	3.0	1.0	1178	$1,150	$0.98	22d	1	1.00mi
15 W York St Akron, OH	2.0	1.5	1178	$1,150	$0.98	15d	1	1.00mi
321 Grace Ave Akron, OH	3.0	2.0	1484	$1,175	$0.79	15d	1	1.04mi
106 Charles St Akron, OH	2.0	1.0	800	$850	$1.06	44d	1	1.05mi
465 Grace Ave Akron, OH	2.0	1.0	850	$850	$1.00	44d	1	1.13mi
295 Noble Ave Akron, OH	3.0	2.5	1488	$1,600	$1.08	44d	1	1.14mi
218 Twin Oaks Rd Unit 222-05 Akron, OH	2.0	1.0	1100	$1,150	$1.05	44d	1	1.16mi
218 Twin Oaks Rd Unit 222-16 Akron, OH	3.0	2.0	1400	$1,500	$1.07	44d	1	1.16mi
1142 Jefferson Ave Unit 2 Akron, OH	3.0	1.0	1200	$1,150	$0.96	44d	1	1.23mi
805 Carpenter St Akron, OH	3.0	1.0	1056	$1,100	$1.04	24d	1	1.25mi
405 Noah Ave Akron, OH	2.0	1.0	1000	$1,050	$1.05	22d	1	1.26mi
22 E Exchange St Unit 421 Akron, OH	2.0	2.0	985	$1,514	$1.54	44d	1	1.27mi
22 E Exchange St Apt 335 Akron, OH	2.0	2.0	963	$1,466	$1.52	44d	1	1.27mi
22 E Exchange St Unit 339 Akron, OH	2.0	2.0	976	$1,434	$1.47	44d	1	1.27mi

Listing history 33 events

1. 2026-06-18
   days on market $64,000 Active 21 DOM
2. 2026-06-17
   days on market $64,000 Active 20 DOM
3. 2026-06-16
   days on market $64,000 Active 19 DOM
4. 2026-06-15
   days on market $64,000 Active 18 DOM
5. 2026-06-14
   statusdays on market $64,000 Active 16 DOM
6. 2026-06-13
   days on market $64,000 Contingent 15 DOM
7. 2026-06-10
   days on market $64,000 Contingent 13 DOM
8. 2026-06-09
   days on market $64,000 Contingent 12 DOM
9. 2026-06-08
   days on market $64,000 Contingent 11 DOM
10. 2026-06-07
    days on market $64,000 Contingent 10 DOM
11. 2026-06-05
    days on market $64,000 Contingent 7 DOM
12. 2026-06-03
    days on market $64,000 Contingent 6 DOM
13. 2026-06-03
    status $64,000 Contingent 5 DOM
14. 2026-06-02
    days on market $64,000 Active 5 DOM
15. 2026-06-01
    days on market $64,000 Active 4 DOM
16. 2026-05-31
    days on market $64,000 Active 3 DOM
17. 2026-05-31
    days on market $64,000 Active 2 DOM
18. 2026-05-27
    listed $64,000 Active
19. 2015-09-29
    soldstatus $9,900 Sold 288-char remark

    Show marketing remark (288 chars)

    ATTENTION INVESTORS! GREAT PROPERTY in a VERY private street near Tangier Conference Center on a dead end street right off of West Market St. near the downtown area - approx. 5 minutes from Akron U. VERY MOTIVATED SELLER will consider offers! AS-IS, CASH, and quick closing is PREFERRED!

20. 2015-09-28
    status Pending 288-char remark

    Show marketing remark (288 chars)

    ATTENTION INVESTORS! GREAT PROPERTY in a VERY private street near Tangier Conference Center on a dead end street right off of West Market St. near the downtown area - approx. 5 minutes from Akron U. VERY MOTIVATED SELLER will consider offers! AS-IS, CASH, and quick closing is PREFERRED!

21. 2015-09-17
    historical Contingent 288-char remark

    Show marketing remark (288 chars)

    ATTENTION INVESTORS! GREAT PROPERTY in a VERY private street near Tangier Conference Center on a dead end street right off of West Market St. near the downtown area - approx. 5 minutes from Akron U. VERY MOTIVATED SELLER will consider offers! AS-IS, CASH, and quick closing is PREFERRED!

22. 2015-09-09
    price $10,000 288-char remark

    Show marketing remark (288 chars)

    ATTENTION INVESTORS! GREAT PROPERTY in a VERY private street near Tangier Conference Center on a dead end street right off of West Market St. near the downtown area - approx. 5 minutes from Akron U. VERY MOTIVATED SELLER will consider offers! AS-IS, CASH, and quick closing is PREFERRED!

23. 2015-08-06
    price $16,000 288-char remark

    Show marketing remark (288 chars)

    ATTENTION INVESTORS! GREAT PROPERTY in a VERY private street near Tangier Conference Center on a dead end street right off of West Market St. near the downtown area - approx. 5 minutes from Akron U. VERY MOTIVATED SELLER will consider offers! AS-IS, CASH, and quick closing is PREFERRED!

24. 2015-06-06
    price $18,000 288-char remark

    Show marketing remark (288 chars)

    ATTENTION INVESTORS! GREAT PROPERTY in a VERY private street near Tangier Conference Center on a dead end street right off of West Market St. near the downtown area - approx. 5 minutes from Akron U. VERY MOTIVATED SELLER will consider offers! AS-IS, CASH, and quick closing is PREFERRED!

25. 2015-04-06
    price $21,000 288-char remark

    Show marketing remark (288 chars)

    ATTENTION INVESTORS! GREAT PROPERTY in a VERY private street near Tangier Conference Center on a dead end street right off of West Market St. near the downtown area - approx. 5 minutes from Akron U. VERY MOTIVATED SELLER will consider offers! AS-IS, CASH, and quick closing is PREFERRED!

26. 2015-03-11
    listed $27,500 Active 288-char remark

    Show marketing remark (288 chars)

    ATTENTION INVESTORS! GREAT PROPERTY in a VERY private street near Tangier Conference Center on a dead end street right off of West Market St. near the downtown area - approx. 5 minutes from Akron U. VERY MOTIVATED SELLER will consider offers! AS-IS, CASH, and quick closing is PREFERRED!

27. 2008-06-09
    historical
28. 2008-01-04
    listed $40,000
29. 2007-08-09
    historical
30. 2006-06-19
    listed $55,000
31. 2002-10-31
    soldstatus $31,000
32. 1990-02-08
    soldstatus $19,825
33. 1990-02-08
    soldstatus $10,500

ⓘ 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: $927 · $77/mo
• Projected year-2 tax: $963 · $80/mo
• Expected delta: +$36/yr (+$3/mo · 3.9%)

ⓘ 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 ≥97°F today · 17 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: $12,925
• − Mortgage interest: −$3,585
• − Property taxes: −$927
• − Insurance: −$320
• − Repairs & maintenance: −$1,034
• − Management: −$1,034
• − Depreciation: −$1,862
• Taxable income: $4,163
• Est. tax owed @ 24.0%: −$999
• After-tax cash flow: $3,937/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): 7,323
• Household income: $69,743
• Rent vs Own: 48.8% rent · 51.2% own
• Severe rent burden: 428.0

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: Predominantly White (74%)
• Race & ethnicity: White 74% Black 17% Two or more races 4% Asian 3% Hispanic / Latino 2%
• Common ancestry: Romanian 4% Slovak 4% Italian 3%
• Foreign-born: 5% · India, China, Canada
• Languages at home: 95% English-only · Other Indo-European 2% Spanish 1% Other Asian/Pacific 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: ▼ -177.22%
• Current HPI: 230.8496
• Rent YoY: —
• 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

+222.8% since first listed

16 events — show timeline

• 2026-05-27 Listed $64,000 MLSNOW
• 2015-09-29 Sold (MLS) $9,900 MLSNOW
• 2015-09-28 Pending — MLSNOW
• 2015-09-17 Contingent — MLSNOW
• 2015-09-09 Price Changed $10,000 MLSNOW
• 2015-08-06 Price Changed $16,000 MLSNOW
• 2015-06-06 Price Changed $18,000 MLSNOW
• 2015-04-06 Price Changed $21,000 MLSNOW
• 2015-03-11 Listed $27,500 MLSNOW
• 2008-06-09 Listing Removed — MLSNOW
• 2008-01-04 Listed $40,000 MLSNOW
• 2007-08-09 Listing Removed — MLSNOW
• 2006-06-19 Listed $55,000 MLSNOW
• 2002-10-31 Sold (Public Records) $31,000 Public Records
• 1990-02-08 Sold (Public Records) $10,500 Public Records
• 1990-02-08 Sold (Public Records) $19,825 Public Records

Property tax history

+3.9%/yr

Latest (2025): $927 · -23.2% YoY. Source: county tax records.