1200 Murray Ave · Akron, OH 44310

$91,000

2 bd · 1.0 ba · 960 sqft · SingleFamily public records · 58 Days on market

Built 1918 4,573 sqft lot $95/sqft · 28% below area Est $127k · 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 +25.8/30.0
• ARV discount +15.0/15.0
• DSCR +8.6/10.0
• 1% rule +7.2/10.0
• Livability +4.0/5.0
• Rent growth +3.7/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This two-bedroom one bath bungalow is a great home for first-time buyers or an investor who is looking for rental income. Situated in Akron's North Hill area, the home sits on a brick street and is close to highways, schools, and shopping. There are endless possibilities to make this home with a cozy front porch and side porch with shed into a great home! The furnace, air conditioning, windows, and roof have all been replaced in the last several years. And, the seller has recently replaced the carpeting in the living room and dining room. While there is no garage, there is plenty of parking in the long side-by-side driveway or on the street. The front yard is very large, and the home is set back from the street for privacy. You won't want to miss this opportunity!

Key facts

• Large front yard
• Set back from street
• Plenty of parking

Tags

• COZY FRONT PORCH
• SIDE PORCH
• LARGE FRONT YARD
• SET BACK FROM STREET
• PLENTY OF PARKING

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $91k.

Deal economics

• At list price, monthly cash flow is $220 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $91k).
• Recommended offer: $88k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.2% 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 (+4.8%/yr); 86 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 47% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 1,114 units permitted in Summit County in 2024 (397 in 5+ unit buildings).
• This rent runs 32% of the median local income ($41k/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 $629 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 + 4.8% rent growth), your $25k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 58 days — a 3% lower offer ($88k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: built in 1918 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $88,270 (3.0% below list)

Questions for the listing agent

1. It's been on market 58 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 1918 — 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: 1.22% ✓
• Cap rate: 9.19%
• Cash-on-cash: 10.34%
• DSCR: 1.46
• GRM: 6.9

CMA / ARV

• ARV (median comp): $126,717
• List price: $91,000
• Delta: -28.19%
• 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
1133 Mount Vernon Ave	0.15mi	2/1.0	998 (+4%)	4mo	$132,500	$133	84
439 Birchwood Ave	0.27mi	2/1.0	941 (-2%)	3mo	$125,000	$133	82
1202 Clifton Ave	0.20mi	2/1.0	983 (+2%)	6mo	$133,000	$135	82
1037 Pitkin Ave	0.36mi	3/1.0 (+1)	936 (-2%)	1mo	$136,000	$145	73
1282 Sawyer Ave	0.23mi	2/1.0	847 (-12%)	1mo	$60,000	$71	69
1195 Sawyer Ave	0.14mi	3/1.0 (+1)	1,075 (+12%)	2mo	$75,000	$70	67
1206 Pitkin Ave	0.22mi	3/1.0 (+1)	1,056 (+10%)	2mo	$131,000	$124	66
1119 Mount Vernon Ave	0.16mi	3/1.0 (+1)	848 (-12%)	3mo	$115,000	$136	66
1300 Mount Vernon Ave	0.20mi	2/1.0	1,100 (+15%)	1mo	$117,000	$106	66
1174 Linden Ave	0.15mi	2/1.0	816 (-15%)	3mo	$77,500	$95	65
1166 Dayton St	0.27mi	3/2.0 (+1)	1,085 (+13%)	6mo	$144,000	$133	52
685 Freedom Ave	0.73mi	3/2.5 (+1)	1,096 (+14%)	6mo	$190,000	$173	27

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 · 4.82% rent growth · sell at horizon

5-year hold

• IRR: 1.3%
• Equity multiple: 1.05×
• Total profit: $1,337
• Equity at exit: $13,568

10-year hold

• IRR: 12.8%
• Equity multiple: 2.10×
• Total profit: $28,097
• Equity at exit: $7,868

Cash invested: $25,480 (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 44310

• Rents YoY: 4.8%
• Active inventory: 86
• Price-to-rent: 6.9×

Monthly cashflow live

• Estimated rent: $1,107 high
• Mortgage (P&I): −$477
• Tax from tax record: −$140 /mo · $1,677/yr
• Insurance: −$38
• HOA: −$0
• Vacancy / Maint / Mgmt: −$232
• Net cashflow: $220

Break-even live

Break-even rent $829

Max offer price $91,000

Occupancy floor 75%

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: $22,750
• Closing costs: $2,730
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1088 Lexington Ave Akron, OH	3.0	1.0	1008	$1,600	$1.59	14d	1	0.21mi
539 E Cuyahoga Falls Ave Unit 1 Akron, OH	2.0	1.0	1000	$895	$0.90	23d	1	0.33mi
1390 N Howard St Akron, OH	2.0	1.0	1000	$1,000	$1.00	43d	1	0.51mi
1350 N Howard St Akron, OH	1.0–2.0	1.0	725	$925	$1.28	14d	1	0.51mi
1382 9th St Cuyahoga Falls, OH	2.0	1.0	862	$1,050	$1.22	43d	1	0.55mi
1522 Campbell St Unit 2 Cuyahoga Falls, OH	2.0	1.0	900	$1,300	$1.44	21d	1	0.56mi
825 Avon St Unit 1 Akron, OH	2.0	1.0	960	$875	$0.91	21d	1	0.88mi
776 N Main St Unit 303 Akron, OH	1.0	1.0	600	$850	$1.42	43d	1	0.93mi
776 N Main St Apt 302 Akron, OH	1.0	1.0	600	$700	$1.17	43d	1	0.93mi
776 N Main St Unit 201 Akron, OH	1.0	1.0	600	$810	$1.35	23d	1	0.93mi
776 N Main St Unit 301 Akron, OH	1.0	1.0	600	$795	$1.32	43d	1	0.93mi
1832 15th St Cuyahoga Falls, OH	3.0	1.0	1000	$1,495	$1.50	23d	1	0.96mi
444 Chestnut Blvd Unit 2 Cuyahoga Falls, OH	1.0	1.0	800	$1,200	$1.50	43d	1	1.00mi
649 Patterson Ave Unit a Akron, OH	2.0	1.0	1000	$775	$0.78	43d	1	1.01mi
805 Carpenter St Akron, OH	3.0	1.0	1056	$1,100	$1.04	23d	1	1.16mi
500 Delmar Ave Unit 502 Akron, OH	2.0	1.0	1000	$775	$0.78	23d	1	1.30mi
1059 Jean Ave Akron, OH	3.0	1.0	1012	$1,300	$1.28	43d	1	1.37mi
624 Garfield St Akron, OH	2.0	1.0	696	$925	$1.33	21d	1	1.45mi
22 W York St Akron, OH	1.0	1.0	800	$875	$1.09	43d	1	1.47mi

Listing history 17 events

1. 2026-06-18
   days on market $91,000 Active 58 DOM
2. 2026-06-17
   days on market $91,000 Active 57 DOM
3. 2026-06-16
   days on market $91,000 Active 56 DOM
4. 2026-06-15
   days on market $91,000 Active 55 DOM
5. 2026-06-14
   days on market $91,000 Active 53 DOM
6. 2026-06-13
   days on market $91,000 Active 52 DOM
7. 2026-06-10
   days on market $91,000 Active 50 DOM
8. 2026-06-09
   days on market $91,000 Active 49 DOM
9. 2026-06-08
   days on market $91,000 Active 48 DOM
10. 2026-06-07
    days on market $91,000 Active 47 DOM
11. 2026-06-05
    days on market $91,000 Active 44 DOM
12. 2026-06-03
    days on market $91,000 Active 43 DOM
13. 2026-06-02
    days on market $91,000 Active 42 DOM
14. 2026-06-01
    days on market $91,000 Active 41 DOM
15. 2026-05-31
    days on market $91,000 Active 40 DOM
16. 2026-05-31
    days on market $91,000 Active 39 DOM
17. 2026-04-17
    listed $96,000 Active 774-char remark

    Show marketing remark (774 chars)

    This two-bedroom one bath bungalow is a great home for first-time buyers or an investor who is looking for rental income. Situated in Akron's North Hill area, the home sits on a brick street and is close to highways, schools, and shopping. There are endless possibilities to make this home with a cozy front porch and side porch with shed into a great home! The furnace, air conditioning, windows, and roof have all been replaced in the last several years. And, the seller has recently replaced the carpeting in the living room and dining room. While there is no garage, there is plenty of parking in the long side-by-side driveway or on the street. The front yard is very large, and the home is set back from the street for privacy. You won't want to miss this opportunity!

ⓘ 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: $1,677 · $140/mo
• Projected year-2 tax: $1,677 · $140/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 ≥97°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: $13,283
• − Mortgage interest: −$5,097
• − Property taxes: −$1,677
• − Insurance: −$455
• − Repairs & maintenance: −$1,063
• − Management: −$1,063
• − Depreciation: −$2,647
• Taxable income: $1,281
• Est. tax owed @ 24.0%: −$308
• After-tax cash flow: $2,328/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): 25,496
• Household income: $41,066
• Rent vs Own: 60.7% rent · 39.3% own
• Severe rent burden: 2058.0

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: Highly diverse neighborhood (Simpson 0.73)
• Race & ethnicity: White 40% Black 25% Asian 20% Hispanic / Latino 10% Two or more races 9%
• Hispanic origin (detail): Mexican 6% Puerto Rican 2%
• Common ancestry: Romanian 2% Slovak 1% Italian 1%
• Foreign-born: 25% · Canada, India, Philippines
• Languages at home: 69% English-only · Other Indo-European 13% Spanish 7% Other Asian/Pacific 6%

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: ▼ -194.41%
• Current HPI: 203.4431
• Rent YoY: ▲ 4.82%
• 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

1 event — show timeline

• 2026-04-17 Listed $96,000 MLSNOW

Property tax history

+2.6%/yr

Latest (2025): $1,677 · +2.3% YoY. Source: county tax records.