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484 Spicer St Multi-family
C+ Composite 60.49
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 +26.1/30.0
  • DSCR +8.8/10.0
  • ARV discount +7.5/15.0
  • 1% rule +6.9/10.0
  • 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

$154,900

484 Spicer St · Akron, OH 44311
4 bd · 2.0 ba · 1,142 sqft · MultiFamily public records · 19 Days on market
Built 1894 0.25 ac lot

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records

Listing remarks MLS

Possible $2,500 Homebuyer Grant on this charming home, perfectly suited for first-time homebuyers or savvy investors seeking an ideal property near Akron University. Nestled in a vibrant community, this residence offers a blend of comfort, convenience, and investment potential. This move-in ready gem boasts four spacious bedrooms and two full baths, perfect for accommodating your family's needs. Meticulously remodeled from top to bottom, this home exudes modern charm and functionality. Step into the heart of the home and be wowed by the completely renovated kitchen. With its sleek design and top-of-the-line appliances, meal preparation will be a joy. Throughout the home, you'll find brand-new floor coverings that not only enhance the aesthetic appeal but also provide durability and easy maintenance. The updated bathrooms feature stylish fixtures and finishes, ensuring a spa-like experience every time you step in. No detail has been overlooked, from the contemporary light fixtures that illuminate every corner to the thoughtful touches that make this house feel like home. With its turnkey condition, all you need to do is unpack and start making memories. Don't miss out on the opportunity to call this beautifully remodeled house your home. Schedule a showing today and experience the epitome of modern living!

Key facts

  • 0.25 acre lot
  • Parking
  • Built 1894

Property features AI

Exterior

  • Parking: Driveway; Gravel parking; Oversized parking
  • Security: Smoke detector(s)
  • Utilities: Public water; Public sewer
  • Home design: 2-story home
  • Construction: Vinyl siding; Asphalt/fiberglass roof; Block foundation; Year built from public records
  • Exterior features: Smoke detectors

Interior

  • Kitchen: Range; Microwave; Disposal; Refrigerator; Dishwasher
  • Bedrooms: Two bedrooms on the second level; One bedroom on the first level
  • Flooring: Carpet in some bedrooms
  • Bathrooms: Two full bathrooms (one on the main level)
  • Heating & cooling: Gas forced-air heating; Ceiling fans; Wall/window cooling units
  • Interior features: Full, unfinished basement; 8 total rooms
  • Laundry & utility: Washer; Dryer; Main-level laundry

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4-bed/2.0-bath multifamily listed at $155k.

Deal economics

  • At list price, monthly cash flow is $391 ($5k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $155k).
  • Recommended offer: $153k (1.5% below list) — sets the bar for market timing.
  • Cap rate 9.3% 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: 54 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); 48% 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).
  • At $1,838/mo this rent would consume 91% of the median local household income ($24k/yr) (locally 659% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k 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 $43k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 19 days — a 2% lower offer ($153k) is reasonable based on typical stale-listing flexibility.
  • 8 sale attempts since 30y 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.

Risks & watch-outs

  • Watch-outs: built in 1894 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $152,576 (1.5% below list)

Questions for the listing agent

  1. Built in 1894 — 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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.19%
Cap rate
9.33%
Cash-on-cash
10.83%
DSCR
1.48
GRM
7.0

CMA / ARV

ARV (median comp)
$91,953
List price
$154,900
Delta
68.46%
Verdict
OVERPRICED
Comps
20 within 1.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
435-437 Mcgowan St 0.53mi 3/2.0 (-1) 1,178 (+3%) 13mo $43,000 $37 54

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
-0.1%
Equity multiple
1.00×
Total profit
$-151
Equity at exit
$23,096
10-year hold
IRR
9.6%
Equity multiple
1.74×
Total profit
$32,056
Equity at exit
$13,393

Cash invested: $43,372 (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.

ZIP-level market 44311

Home prices YoY
-28.4%
Active inventory
54
Price-to-rent
14.0×

Monthly cashflow live

Estimated rent
$1,838 high interval (Pro) →
Mortgage (P&I)
$812
Tax from tax record
$184 /mo · $2,205/yr
Insurance
$65
HOA
$0
Vacancy / Maint / Mgmt
$386
Net cashflow
$391

Break-even live

Break-even rent $1,343
Max offer price $154,900
Occupancy floor 74%

Sensitivity live

Price -10% $479 -5% $435 +0% $391 +5% $348 +10% $304
Rent -10% $246 -5% $319 +0% $391 +5% $464 +10% $537
Rate -1.0pp $469 -0.5pp $431 base $391 +0.5pp $351 +1.0pp $310

2-unit breakdown (identical units grouped — click to expand)

UnitsBedsBathsEst. rent
Total (2 units) $1,838

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
$38,725
Closing costs
$4,647
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
418 Power St Akron, OH 3.0 1.0 1000 $999 $1.00 24d 1 0.03mi
420 Power St Akron, OH 3.0 1.0 900 $800 $0.89 24d 1 0.04mi
461 Spicer St Akron, OH 3.0 2.0 1000 $995 $0.99 44d 1 0.09mi
548 Spicer St Akron, OH 4.0 2.0 1487 $1,100 $0.74 24d 1 0.10mi
356 Rankin St Akron, OH 4.0 1.5 1186 $1,197 $1.01 24d 1 0.12mi
490 Gage St Akron, OH 4.0 1.0 1326 $1,053 $0.79 44d 1 0.12mi
287 Wheeler St Akron, OH 3.0 1.0 1100 $1,350 $1.23 24d 1 0.26mi
421 Allyn St Unit 2 Akron, OH 3.0 1.0 743 $850 $1.14 44d 1 0.31mi
566 Sumner St Akron, OH 4.0 1.0 1170 $1,200 $1.03 44d 1 0.32mi
689 Kling St Akron, OH 3.0 1.0 780 $1,075 $1.38 22d 1 0.33mi
437 Sumner St Apt A Akron, OH 3.0 1.5 750 $1,200 $1.60 24d 1 0.35mi
374 E Voris St Akron, OH 3.0 1.0 876 $1,150 $1.31 24d 1 0.37mi
406 Sumner St Akron, OH 2.0–4.0 1.0–2.0 836 $1,295 $1.55 15d 3 0.41mi
344 Lease St Akron, OH 3.0 1.0 1000 $1,199 $1.20 44d 1 0.41mi
600 Sherman St Akron, OH 4.0 1.0–2.0 824 $1,600 $1.94 15d 14 0.41mi
796 Brown St Akron, OH 4.0 2.0 1200 $900 $0.75 44d 1 0.55mi
878 Clark St Akron, OH 3.0 2.0 1029 $1,440 $1.40 44d 1 0.58mi
885 Brown St Akron, OH 4.0 2.0 1280 $1,400 $1.09 24d 1 0.72mi
907 Kling St Akron, OH 3.0 1.0 1248 $1,250 $1.00 15d 1 0.74mi
987 Boone St Akron, OH 3.0 1.0 1248 $1,100 $0.88 24d 1 0.76mi
22 E Exchange St Apt 310 Akron, OH 3.0 3.0 1496 $1,962 $1.31 44d 1 0.83mi
401 S Main St Akron, OH 4.0 1.0–4.0 814 $1,871 $2.30 15d 54 0.85mi
621 Hudson Ave Akron, OH 3.0 1.0 780 $1,100 $1.41 15d 1 0.92mi
1071 Ackley St Akron, OH 4.0 2.0 1164 $1,175 $1.01 44d 1 0.93mi
979 Neptune Ave Akron, OH 3.0 1.0 1248 $1,250 $1.00 24d 1 0.99mi
1028 Kling St Akron, OH 4.0 2.0 1500 $1,450 $0.97 44d 1 0.99mi
1139 Marcy St Akron, OH 4.0 1.5 1300 $1,300 $1.00 44d 1 1.03mi
156 S Main St Akron, OH 2.0–3.0 2.0 1197 $2,985 $2.49 24d 4 1.06mi
1125 2nd Ave Akron, OH 3.0 1.0 1373 $1,100 $0.80 24d 1 1.06mi
166 Chittenden St Akron, OH 3.0 1.0 1020 $985 $0.97 44d 1 1.07mi
1036 Neptune Ave Akron, OH 3.0 1.0 1000 $1,350 $1.35 44d 1 1.09mi
846 Lee Dr Akron, OH 4.0 1.0 1433 $1,325 $0.92 15d 1 1.09mi
846 Lee Dr Akron, OH 4.0 1.5 1433 $1,325 $0.92 24d 1 1.09mi
990 Baird St Akron, OH 3.0 1.0 1140 $1,250 $1.10 44d 1 1.09mi
1040 Neptune Ave Akron, OH 4.0 1.0 1400 $1,300 $0.93 44d 1 1.09mi
1085 Herberich Ave Akron, OH 4.0 1.0 1350 $1,400 $1.04 44d 1 1.11mi
488 Alexander St Akron, OH 4.0 2.0 1311 $1,350 $1.03 24d 1 1.17mi
77 Kent Ct Akron, OH 4.0 1.0 1300 $1,200 $0.92 44d 1 1.18mi
1114 Herberich Ave Akron, OH 4.0 1.0 1308 $1,200 $0.92 44d 1 1.18mi
248 Arch St Akron, OH 3.0 1.0 1210 $1,300 $1.07 44d 1 1.21mi

Listing history 26 events

  1. 2026-06-21
    days on market $154,900 Active 19 DOM
  2. 2026-06-18
    days on market $154,900 Active 16 DOM
  3. 2026-06-17
    statusdays on market $154,900 Active 15 DOM
  4. 2026-05-04
    historical $1,395
  5. 2026-05-02
    listed $154,900 Active 959-char remark
  6. 2026-04-30
    listed $1,395
  7. 2024-07-12
    soldstatus $144,900 Closed 1326-char remark
    Show marketing remark (1326 chars)

    Possible $2,500 Homebuyer Grant on this charming home, perfectly suited for first-time homebuyers or savvy investors seeking an ideal property near Akron University. Nestled in a vibrant community, this residence offers a blend of comfort, convenience, and investment potential. This move-in ready gem boasts four spacious bedrooms and two full baths, perfect for accommodating your family's needs. Meticulously remodeled from top to bottom, this home exudes modern charm and functionality. Step into the heart of the home and be wowed by the completely renovated kitchen. With its sleek design and top-of-the-line appliances, meal preparation will be a joy. Throughout the home, you'll find brand-new floor coverings that not only enhance the aesthetic appeal but also provide durability and easy maintenance. The updated bathrooms feature stylish fixtures and finishes, ensuring a spa-like experience every time you step in. No detail has been overlooked, from the contemporary light fixtures that illuminate every corner to the thoughtful touches that make this house feel like home. With its turnkey condition, all you need to do is unpack and start making memories. Don't miss out on the opportunity to call this beautifully remodeled house your home. Schedule a showing today and experience the epitome of modern living!

  8. 2024-06-07
    status Pending 1326-char remark
    Show marketing remark (1326 chars)

    Possible $2,500 Homebuyer Grant on this charming home, perfectly suited for first-time homebuyers or savvy investors seeking an ideal property near Akron University. Nestled in a vibrant community, this residence offers a blend of comfort, convenience, and investment potential. This move-in ready gem boasts four spacious bedrooms and two full baths, perfect for accommodating your family's needs. Meticulously remodeled from top to bottom, this home exudes modern charm and functionality. Step into the heart of the home and be wowed by the completely renovated kitchen. With its sleek design and top-of-the-line appliances, meal preparation will be a joy. Throughout the home, you'll find brand-new floor coverings that not only enhance the aesthetic appeal but also provide durability and easy maintenance. The updated bathrooms feature stylish fixtures and finishes, ensuring a spa-like experience every time you step in. No detail has been overlooked, from the contemporary light fixtures that illuminate every corner to the thoughtful touches that make this house feel like home. With its turnkey condition, all you need to do is unpack and start making memories. Don't miss out on the opportunity to call this beautifully remodeled house your home. Schedule a showing today and experience the epitome of modern living!

  9. 2024-05-23
    historical Contingent 1326-char remark
    Show marketing remark (1326 chars)

    Possible $2,500 Homebuyer Grant on this charming home, perfectly suited for first-time homebuyers or savvy investors seeking an ideal property near Akron University. Nestled in a vibrant community, this residence offers a blend of comfort, convenience, and investment potential. This move-in ready gem boasts four spacious bedrooms and two full baths, perfect for accommodating your family's needs. Meticulously remodeled from top to bottom, this home exudes modern charm and functionality. Step into the heart of the home and be wowed by the completely renovated kitchen. With its sleek design and top-of-the-line appliances, meal preparation will be a joy. Throughout the home, you'll find brand-new floor coverings that not only enhance the aesthetic appeal but also provide durability and easy maintenance. The updated bathrooms feature stylish fixtures and finishes, ensuring a spa-like experience every time you step in. No detail has been overlooked, from the contemporary light fixtures that illuminate every corner to the thoughtful touches that make this house feel like home. With its turnkey condition, all you need to do is unpack and start making memories. Don't miss out on the opportunity to call this beautifully remodeled house your home. Schedule a showing today and experience the epitome of modern living!

  10. 2024-04-26
    price $149,900 1326-char remark
    Show marketing remark (1326 chars)

    Possible $2,500 Homebuyer Grant on this charming home, perfectly suited for first-time homebuyers or savvy investors seeking an ideal property near Akron University. Nestled in a vibrant community, this residence offers a blend of comfort, convenience, and investment potential. This move-in ready gem boasts four spacious bedrooms and two full baths, perfect for accommodating your family's needs. Meticulously remodeled from top to bottom, this home exudes modern charm and functionality. Step into the heart of the home and be wowed by the completely renovated kitchen. With its sleek design and top-of-the-line appliances, meal preparation will be a joy. Throughout the home, you'll find brand-new floor coverings that not only enhance the aesthetic appeal but also provide durability and easy maintenance. The updated bathrooms feature stylish fixtures and finishes, ensuring a spa-like experience every time you step in. No detail has been overlooked, from the contemporary light fixtures that illuminate every corner to the thoughtful touches that make this house feel like home. With its turnkey condition, all you need to do is unpack and start making memories. Don't miss out on the opportunity to call this beautifully remodeled house your home. Schedule a showing today and experience the epitome of modern living!

  11. 2024-04-12
    price $157,400 1326-char remark
    Show marketing remark (1326 chars)

    Possible $2,500 Homebuyer Grant on this charming home, perfectly suited for first-time homebuyers or savvy investors seeking an ideal property near Akron University. Nestled in a vibrant community, this residence offers a blend of comfort, convenience, and investment potential. This move-in ready gem boasts four spacious bedrooms and two full baths, perfect for accommodating your family's needs. Meticulously remodeled from top to bottom, this home exudes modern charm and functionality. Step into the heart of the home and be wowed by the completely renovated kitchen. With its sleek design and top-of-the-line appliances, meal preparation will be a joy. Throughout the home, you'll find brand-new floor coverings that not only enhance the aesthetic appeal but also provide durability and easy maintenance. The updated bathrooms feature stylish fixtures and finishes, ensuring a spa-like experience every time you step in. No detail has been overlooked, from the contemporary light fixtures that illuminate every corner to the thoughtful touches that make this house feel like home. With its turnkey condition, all you need to do is unpack and start making memories. Don't miss out on the opportunity to call this beautifully remodeled house your home. Schedule a showing today and experience the epitome of modern living!

  12. 2024-03-23
    price $159,900 1326-char remark
    Show marketing remark (1326 chars)

    Possible $2,500 Homebuyer Grant on this charming home, perfectly suited for first-time homebuyers or savvy investors seeking an ideal property near Akron University. Nestled in a vibrant community, this residence offers a blend of comfort, convenience, and investment potential. This move-in ready gem boasts four spacious bedrooms and two full baths, perfect for accommodating your family's needs. Meticulously remodeled from top to bottom, this home exudes modern charm and functionality. Step into the heart of the home and be wowed by the completely renovated kitchen. With its sleek design and top-of-the-line appliances, meal preparation will be a joy. Throughout the home, you'll find brand-new floor coverings that not only enhance the aesthetic appeal but also provide durability and easy maintenance. The updated bathrooms feature stylish fixtures and finishes, ensuring a spa-like experience every time you step in. No detail has been overlooked, from the contemporary light fixtures that illuminate every corner to the thoughtful touches that make this house feel like home. With its turnkey condition, all you need to do is unpack and start making memories. Don't miss out on the opportunity to call this beautifully remodeled house your home. Schedule a showing today and experience the epitome of modern living!

  13. 2024-03-23
    listed $160,000 Active 1326-char remark
    Show marketing remark (1326 chars)

    Possible $2,500 Homebuyer Grant on this charming home, perfectly suited for first-time homebuyers or savvy investors seeking an ideal property near Akron University. Nestled in a vibrant community, this residence offers a blend of comfort, convenience, and investment potential. This move-in ready gem boasts four spacious bedrooms and two full baths, perfect for accommodating your family's needs. Meticulously remodeled from top to bottom, this home exudes modern charm and functionality. Step into the heart of the home and be wowed by the completely renovated kitchen. With its sleek design and top-of-the-line appliances, meal preparation will be a joy. Throughout the home, you'll find brand-new floor coverings that not only enhance the aesthetic appeal but also provide durability and easy maintenance. The updated bathrooms feature stylish fixtures and finishes, ensuring a spa-like experience every time you step in. No detail has been overlooked, from the contemporary light fixtures that illuminate every corner to the thoughtful touches that make this house feel like home. With its turnkey condition, all you need to do is unpack and start making memories. Don't miss out on the opportunity to call this beautifully remodeled house your home. Schedule a showing today and experience the epitome of modern living!

  14. 2023-06-12
    historical
  15. 2023-06-02
    listed $65,000 Active
  16. 2021-08-31
    historical
  17. 2021-01-21
    listed $74,900 Active
  18. 2020-12-23
    historical
  19. 2020-06-23
    listed $81,000 Active
  20. 2003-03-14
    soldstatus $216,900
  21. 1998-09-04
    soldstatus $38,000
  22. 1998-09-04
    soldstatus $38,000
  23. 1996-06-15
    historical
  24. 1996-01-16
    listed $34,500
  25. 1989-05-31
    soldstatus $35,000
  26. 1987-07-23
    soldstatus $25,500

ⓘ 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
$2,205 · $184/mo
Projected year-2 tax
$2,311 · $193/mo
Expected delta
+$106/yr (+$9/mo · 4.8%)

ⓘ 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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$22,056
− Mortgage interest
−$8,677
− Property taxes
−$2,205
− Insurance
−$774
− Repairs & maintenance
−$1,764
− Management
−$1,764
− Depreciation
−$4,506
Taxable income
$2,364
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$567
After-tax cash flow
$4,129/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)
7,547
Household income
$24,369
Rent vs Own
83.0% rent · 17.0% own
Severe rent burden
659.0

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 0.60)
Race & ethnicity
White 53% Black 35% Two or more races 6% Hispanic / Latino 4% Asian 3%
Common ancestry
Lithuanian 2% Romanian 2% Slovak 2%
Foreign-born
3% · Canada, Vietnam, Philippines
Languages at home
95% English-only · Spanish 2% Other Asian/Pacific 1% Other Indo-European 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
▼ -39.01%
Current HPI
98.3809
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

Price history

-94.5% since first listed
24 events — show timeline
  • 2026-06-17 Relisted MLSNOW
  • 2026-05-04 Rental Removed $1,395 TURBOTENANT
  • 2026-05-02 Listed $154,900 MLSNOW
  • 2026-04-30 Listed for Rent $1,395 TURBOTENANT
  • 2024-07-12 Sold (MLS) $144,900 MLSNOW
  • 2024-06-07 Pending MLSNOW
  • 2024-05-23 Contingent MLSNOW
  • 2024-04-26 Price Changed $149,900 MLSNOW
  • 2024-04-12 Price Changed $157,400 MLSNOW
  • 2024-03-23 Price Changed $159,900 MLSNOW
  • 2024-03-23 Listed $160,000 MLSNOW
  • 2023-06-12 Listing Removed MLSNOW
  • 2023-06-02 Listed $65,000 MLSNOW
  • 2021-08-31 Listing Removed MLSNOW
  • 2021-01-21 Listed $74,900 MLSNOW
  • 2020-12-23 Listing Removed MLSNOW
  • 2020-06-23 Listed $81,000 MLSNOW
  • 2003-03-14 Sold (Public Records) $216,900 Public Records
  • 1998-09-04 Sold (Public Records) $38,000 Public Records
  • 1998-09-04 Sold (Public Records) $38,000 Public Records
  • 1996-06-15 Listing Removed MLSNOW
  • 1996-01-16 Listed $34,500 MLSNOW
  • 1989-05-31 Sold (Public Records) $35,000 Public Records
  • 1987-07-23 Sold (Public Records) $25,500 Public Records

Property tax history

+4.0%/yr

Latest (2025): $2,205 · +4.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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