Multi-family
484 Spicer St · Akron, OH
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $713 – $1,323
Heat risk 3/10 · Minor
- Hot days now (above 97°F)
- 7 days/yr
- Hot days in 30 yrs
- 17 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
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
🖨 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
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.
Questions for the listing agent
- Built in 1894 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- IRR
- -0.1%
- Equity multiple
- 1.00×
- Total profit
- $-151
- Equity at exit
- $23,096
- 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
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
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)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 2 | 1 | $1,838 |
| #1 | 2 | 1 | $919 |
| #2 | 2 | 1 | $919 |
| 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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-06-21days on market $154,900 Active 19 DOM
-
2026-06-18days on market $154,900 Active 16 DOM
-
2026-06-17statusdays on market $154,900 Active 15 DOM
-
2026-05-04historical $1,395
-
2026-05-02$154,900 Active 959-char remark
-
2026-04-30$1,395
-
2024-07-12soldstatus $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!
-
2024-06-07status 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!
-
2024-05-23historical 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!
-
2024-04-26price $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!
-
2024-04-12price $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!
-
2024-03-23price $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!
-
2024-03-23$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!
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2023-06-12historical
-
2023-06-02$65,000 Active
-
2021-08-31historical
-
2021-01-21$74,900 Active
-
2020-12-23historical
-
2020-06-23$81,000 Active
-
2003-03-14soldstatus $216,900
-
1998-09-04soldstatus $38,000
-
1998-09-04soldstatus $38,000
-
1996-06-15historical
-
1996-01-16$34,500
-
1989-05-31soldstatus $35,000
-
1987-07-23soldstatus $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
- 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
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
- 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 |
|---|---|---|
| Insurance | 3 | $145B |
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| Industrial Machinery | 3 | $49B |
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| Financial Services | 3 | $24B |
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| Consumer Goods | 2 | $93B |
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| Aerospace / Defense | 2 | $47B |
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| Utilities | 2 | $33B |
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Price history
-94.5% since first listed24 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%/yrLatest (2025): $2,205 · +4.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…