239 Ira Ave · Akron, OH 44301

$99,000

3 bd · 1.0 ba · 1,168 sqft · SingleFamily public records · 20 Days on market

Built 1927 5,344 sqft lot Est $88k · 13% over

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Why this score? — see what drove the C 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 +28.2/30.0
• DSCR +10.0/10.0
• 1% rule +7.1/10.0
• Livability +4.0/5.0
• Rent growth +3.7/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• ARV discount +1.6/15.0
• Appreciation +0.0/10.0

Listing remarks MLS

Come see this move in ready colonial! Some nice hardwood floors. Some repairs and updates may be in order, but here is a good chance to get a potentially good house at a good price. Selling as is. Buyer will be responsible for all inspections and due diligence. Seller will make no repairs or concessions. Proof of funds with all offers.

Key facts

• Updated electrical
• 1 car garage
• Central air

Tags

• UPDATED ELECTRICAL
• UPDATED PLUMBING
• VINYL REPLACEMENT WINDOWS
• NEW ROOF
• 1 CAR GARAGE
• CENTRAL AIR

Property features AI

Finance

• Financial info: Annual taxes recorded as $814 (2025)

Exterior

• Parking: Detached garage; Driveway; 1 garage space
• Utilities: Public water; Public sewer
• Home design: Two-story home; Above-grade finished area recorded as 1,168
• Construction: Built according to public records; Aluminum and vinyl siding; Asphalt/fiberglass roof
• Exterior features: Lot recorded as 0.1227 acres

Interior

• Bedrooms: Total of 6 rooms (includes bedrooms and living spaces)
• Bathrooms: 1 full bathroom
• Heating & cooling: Forced air gas heating; Central air conditioning
• Interior features: Full basement

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $99k.

Deal economics

• At list price, monthly cash flow is $315 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $99k).
• Recommended offer: $98k (1.5% below list) — sets the bar for market timing.
• Cap rate 10.1% 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 (+4.6%/yr); 83 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 52% 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 $684 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 + 4.6% rent growth), your $28k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

• It's been on market 20 days — a 2% lower offer ($98k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 34y 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 $6k; list at $99k implies a 1550% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1927 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $97,515 (1.5% below list)

Questions for the listing agent

1. Built in 1927 — 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: 1.21% ✓
• Cap rate: 10.11%
• Cash-on-cash: 13.62%
• DSCR: 1.61
• GRM: 6.9

CMA / ARV

• ARV (on-the-fly): $87,600
• Comps found: 11

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
103 W Crosier St	0.44mi	3/1.5	1,200 (+3%)	2mo	$150,000	$125	71
1860 2nd	0.54mi	3/1.0	1,156 (-1%)	7mo	$165,000	$143	67
280 Lake St	0.11mi	4/1.0 (+1)	1,267 (+8%)	14mo	$85,000	$67	64
603 Indian Trl	0.64mi	3/1.0	1,100 (-6%)	2mo	$83,000	$75	58
1848 2nd St SW	0.53mi	3/1.0	1,178 (+1%)	20mo	$50,000	$42	57
811 Amherst St	0.73mi	3/1.0	1,232 (+6%)	2mo	$60,000	$49	56
1702 Leighton Ave	0.67mi	3/1.0	1,092 (-6%)	5mo	$104,000	$95	53
206 Paris Ave	0.26mi	3/1.0	1,302 (+12%)	19mo	$130,000	$100	53
1852 2nd St SW	0.54mi	3/2.0	1,160 (-1%)	20mo	$121,000	$104	53
1027 Yale St	0.50mi	3/2.0	1,292 (+11%)	13mo	$42,500	$33	44
27 E Emerling Ave	0.71mi	3/1.5	1,264 (+8%)	10mo	$50,000	$40	43

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 · 4.62% rent growth · sell at horizon

5-year hold

• IRR: 5.4%
• Equity multiple: 1.21×
• Total profit: $5,950
• Equity at exit: $14,761

10-year hold

• IRR: 16.2%
• Equity multiple: 2.42×
• Total profit: $39,292
• Equity at exit: $8,560

Cash invested: $27,720 (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 44301

• Home prices YoY: -25.7%
• Rents YoY: 4.6%
• Active inventory: 83
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $1,193 high
• Mortgage (P&I): −$519
• Tax from tax record: −$68 /mo · $814/yr
• Insurance: −$41
• HOA: −$0
• Vacancy / Maint / Mgmt: −$251
• Net cashflow: $315

Break-even live

Break-even rent $795

Max offer price $99,000

Occupancy floor 69%

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: $24,750
• Closing costs: $2,970
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1127 Victory St Unit 1129 Akron, OH	3.0	1.0	1368	$950	$0.69	43d	1	0.15mi
527 Brady Ave Akron, OH	3.0	1.5	1416	$1,395	$0.99	43d	1	0.57mi
45 E Emerling Ave Unit F Akron, OH	2.0	1.0	850	$795	$0.94	43d	1	0.69mi
46 Brighton Dr Akron, OH	2.0	1.0	850	$1,100	$1.29	43d	1	0.74mi
1282 Andrus St Akron, OH	4.0	1.0	1242	$1,195	$0.96	43d	1	0.80mi
783 Boulevard St Akron, OH	4.0	1.0	1440	$999	$0.69	23d	1	0.80mi
58 E Archwood Ave Akron, OH	2.0	1.0	750	$850	$1.13	43d	1	0.80mi
67 E Archwood Ave Unit B Akron, OH	4.0	1.0	1200	$1,050	$0.88	43d	1	0.80mi
67 E Archwood Ave Unit A Akron, OH	2.0	1.0	1000	$850	$0.85	43d	1	0.80mi
94 Brighton Dr Akron, OH	3.0	1.0	1000	$1,100	$1.10	43d	1	0.82mi
1171 La Croix Ave Unit 2 Akron, OH	2.0	1.0	1267	$975	$0.77	43d	1	0.86mi
1161 La Croix Ave Akron, OH	3.0	1.0	1452	$1,200	$0.83	23d	1	0.87mi
1139 Marcy St Akron, OH	4.0	1.5	1300	$1,300	$1.00	43d	1	0.88mi
760 Lakewood Blvd Akron, OH	3.0	2.0	1398	$1,150	$0.82	23d	1	0.88mi
147 Brighton Dr Akron, OH	3.0	1.0	1040	$1,350	$1.30	23d	1	0.89mi
781 Saxon Ave Akron, OH	2.0	1.0	800	$900	$1.12	43d	1	0.92mi
1313 Manchester Rd Akron, OH	3.0	1.0	1221	$1,200	$0.98	21d	1	0.93mi
721 Polk Ave Akron, OH	3.0	1.5	1500	$1,600	$1.07	23d	1	0.98mi
685 Longview Ave Akron, OH	3.0	1.0	1100	$1,150	$1.05	43d	1	0.98mi
1298 Bellows St Akron, OH	3.0	1.0	1300	$1,250	$0.96	43d	1	0.99mi
1200 Girard St Akron, OH	3.0	2.0	1438	$1,100	$0.76	14d	1	1.04mi
847 Jason Ave Unit 1 Akron, OH	2.0	1.0	798	$825	$1.03	23d	1	1.05mi
931 Trimble Dr Akron, OH	2.0	1.5	1448	$1,495	$1.03	23d	1	1.07mi
36 W Wilbeth Rd Akron, OH	3.0	1.0	1382	$1,150	$0.83	14d	1	1.08mi
773 Montana Ave Akron, OH	3.0	1.5	1128	$1,195	$1.06	23d	1	1.09mi
835 Kenmore Blvd Unit UP Akron, OH	2.0	1.0	872	$750	$0.86	21d	1	1.12mi
384 W Bartges St Akron, OH	2.0	1.0	1024	$1,100	$1.07	43d	1	1.14mi
720 Florida Ave Akron, OH	4.0	1.0	1124	$1,500	$1.33	14d	1	1.18mi
2160 12th St SW Akron, OH	3.0	1.0	1445	$1,300	$0.90	43d	1	1.20mi
875 Harrison Ave Akron, OH	3.0	1.0	1157	$1,150	$0.99	14d	1	1.22mi
2163 13th St SW Akron, OH	3.0	2.5	1480	$1,150	$0.78	43d	1	1.23mi
960 Jason Ave Akron, OH	3.0	1.5	935	$1,095	$1.17	21d	1	1.26mi
2250 11th St SW Akron, OH	3.0	1.0	1308	$1,350	$1.03	14d	1	1.26mi
2222 12th St SW Akron, OH	3.0	1.5	1270	$1,050	$0.83	43d	1	1.27mi
1028 Kling St Akron, OH	4.0	2.0	1500	$1,450	$0.97	43d	1	1.29mi
899 Rosamond Ave Akron, OH	1.0–2.0	1.0	690	$825	$1.20	23d	1	1.31mi
530 S Main St Akron, OH	1.0–2.0	1.0–2.0	937	$2,195	$2.34	43d	2	1.32mi
907 Kling St Akron, OH	3.0	1.0	1248	$1,250	$1.00	14d	1	1.36mi
600 Sherman St Akron, OH	4.0	1.0–2.0	824	$1,400	$1.70	14d	14	1.37mi
662 Sumner St Akron, OH	2.0	1.0	915	$999	$1.09	43d	1	1.38mi

Listing history 17 events

1. 2026-06-18
   days on market $99,000 Active 20 DOM
2. 2026-06-17
   days on market $99,000 Active 19 DOM
3. 2026-06-16
   days on market $99,000 Active 18 DOM
4. 2026-06-15
   days on market $99,000 Active 17 DOM
5. 2026-06-14
   days on market $99,000 Active 15 DOM
6. 2026-06-13
   days on market $99,000 Active 14 DOM
7. 2026-06-10
   days on market $99,000 Active 12 DOM
8. 2026-06-09
   days on market $99,000 Active 11 DOM
9. 2026-06-08
   days on market $99,000 Active 10 DOM
10. 2026-06-07
    days on market $99,000 Active 9 DOM
11. 2026-06-05
    days on market $99,000 Active 6 DOM
12. 2026-06-03
    days on market $99,000 Active 5 DOM
13. 2026-06-02
    days on market $99,000 Active 4 DOM
14. 2026-06-01
    days on market $99,000 Active 3 DOM
15. 2026-05-31
    days on market $99,000 Active 2 DOM
16. 2026-05-31
    remarks 635-char remark
17. 2026-05-31
    listed $99,000 Active 1 DOM

ⓘ 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: $814 · $68/mo
• Projected year-2 tax: $1,179 · $98/mo
• Expected delta: +$365/yr (+$30/mo · 44.9%)

ⓘ 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 ≥96°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: $14,320
• − Mortgage interest: −$5,546
• − Property taxes: −$814
• − Insurance: −$495
• − Repairs & maintenance: −$1,146
• − Management: −$1,146
• − Depreciation: −$2,880
• Taxable income: $2,295
• Est. tax owed @ 24.0%: −$551
• After-tax cash flow: $3,223/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): 13,668
• Household income: $51,321
• Rent vs Own: 39.2% rent · 60.8% own
• Severe rent burden: 446.0

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 0.63)
• Race & ethnicity: White 52% Black 30% Two or more races 11% Hispanic / Latino 5% Asian 2%
• Hispanic origin (detail): Mexican 3%
• Common ancestry: Romanian 4% Lithuanian 2% Serbian 1%
• Foreign-born: 6% · Canada
• Languages at home: 92% English-only · Spanish 4% Other Indo-European 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: ▼ -74.09%
• Current HPI: 213.697
• Rent YoY: ▲ 4.62%
• 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

+518.8% since first listed

15 events — show timeline

• 2026-05-29 Listed $99,000 MLSNOW
• 2015-11-05 Sold (MLS) $6,000 MLSNOW
• 2015-11-03 Pending — MLSNOW
• 2015-10-07 Contingent — MLSNOW
• 2015-09-29 Price Changed $7,900 MLSNOW
• 2015-09-11 Price Changed $10,900 MLSNOW
• 2015-07-20 Listed $15,900 MLSNOW
• 2011-04-04 Listing Removed — MLSNOW
• 2010-10-21 Listed $39,900 MLSNOW
• 2009-12-14 Sold (MLS) $14,400 MLSNOW
• 2009-06-01 Listed $14,900 MLSNOW
• 1992-06-11 Listing Removed — MLSNOW
• 1992-03-11 Listed $43,900 MLSNOW
• 1988-02-23 Sold (Public Records) $16,000 Public Records
• 1986-01-29 Sold (Public Records) $16,000 Public Records

Property tax history

+1.1%/yr

Latest (2025): $814 · -15.3% YoY. Source: county tax records.