2146 East Ave · 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 2/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
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 +27.6/30.0
- ARV discount +11.7/15.0
- DSCR +9.7/10.0
- 1% rule +7.3/10.0
- Livability +4.0/5.0
- Rent growth +3.5/5.0
- Condition / age +2.5/5.0
- Schools +2.1/10.0
- Appreciation +0.0/10.0
$110,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome home to 2146 East Ave. This 4 bed 2 bath home in Kenmore has been renovated and refreshed with today's modern design in mind. Beautiful layout makes this home show really well and feel a lot larger than what it truly is. Upon entering through the front door, you step right into the family room with good natural lighting. Off the family room, is a formal dining area with built in storage space that keeps the character of the home going. Next you will find the beautifully done kitchen that comes fully equipped with stainless steel appliances & is large enough to boast a little breakfast nook right off the side. Off the kitchen, is the first full bath that has been completely redone and gives that efficient first floor vibe. Heading upstairs, you will find 3 good sized bedrooms with nice closet space and the second full bath for guests to use. The third level offers a bonus area which can be used as a fourth bedroom or a cozy little office. Tons of space and updates that you must
Key facts
- Tasteful updates
- Spacious layout
- Conveniently located
Tags
Property features AI
Finance
- Other: Above-grade finished living area approximately 1,463 (source: Realist)
Exterior
- Parking: Driveway
- Utilities: Public water; Public sewer
- Home design: Single-family property; Shingle roof; Vinyl siding
- Construction: Vinyl siding construction; Shingle roof
- Exterior features: Small lot (approximately 0.059 acres)
Interior
- Bedrooms: Total of 7 rooms (bedrooms counted within total rooms)
- Bathrooms: 2 full bathrooms; 1 bathroom on the main level
- Heating & cooling: Forced-air heating; Gas heating
- Interior features: Unfinished basement; One fireplace
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.0-bath single-family listed at $110k.
Deal economics
- At list price, monthly cash flow is $329 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $110k).
- Recommended offer: $107k (3.0% below list) — sets the bar for market timing.
- Cap rate 9.9% 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 (+3.9%/yr); 104 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 1,114 units permitted in Summit County in 2024 (397 in 5+ unit buildings).
- This rent runs 34% of the median local income ($47k/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 $761 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 + 3.9% rent growth), your $31k cash investment doubles in ~9 years — after that, you're playing with house money.
Negotiation context
- It's been on market 33 days — a 3% lower offer ($107k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 9y ago; this cycle's ask has dropped $10k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: built in 1918 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 33 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
- Built in 1918 — 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 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
- 1.23% ✓
- Cap rate
- 9.88%
- Cash-on-cash
- 12.81%
- DSCR
- 1.57
- GRM
- 6.8
CMA / ARV
- ARV (on-the-fly)
- $121,429
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1223 Florida Ave | 0.20mi | 3/2.0 (-1) | 1,391 (-5%) | 2mo | $143,000 | $103 | 75 |
| 2253 East Ave | 0.21mi | 3/1.0 (-1) | 1,464 (+0%) | 8mo | $73,000 | $50 | 75 |
| 2190 21st St SW | 0.31mi | 4/1.0 | 1,403 (-4%) | 7mo | $123,000 | $88 | 69 |
| 1115 Harpster Ave | 0.22mi | 5/2.0 (+1) | 1,565 (+7%) | 7mo | $42,000 | $27 | 67 |
| 962 Iona Ave | 0.51mi | 3/1.0 (-1) | 1,443 (-1%) | 2mo | $132,000 | $91 | 63 |
| 1160 Carey Ave | 0.32mi | 5/2.0 (+1) | 1,682 (+15%) | 9mo | $139,900 | $83 | 48 |
| 1415 Woodbirch Ave | 0.45mi | 3/2.0 (-1) | 1,264 (-14%) | 5mo | $90,000 | $71 | 48 |
| 867 Battles Ave | 0.67mi | 4/1.5 | 1,597 (+9%) | 6mo | $111,900 | $70 | 46 |
| 2342 16th St SW | 0.68mi | 4/1.0 | 1,303 (-11%) | 2mo | $77,000 | $59 | 45 |
| 929 Iona Ave | 0.58mi | 3/1.0 (-1) | 1,344 (-8%) | 8mo | $165,000 | $123 | 44 |
| 2075 Bigelow St | 0.58mi | 3/1.5 (-1) | 1,325 (-9%) | 8mo | $196,500 | $148 | 44 |
| 2273 14th St SW | 0.74mi | 4/1.5 | 1,656 (+13%) | 8mo | $125,000 | $75 | 35 |
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 · 3.91% rent growth · sell at horizon
- IRR
- 3.6%
- Equity multiple
- 1.14×
- Total profit
- $4,376
- Equity at exit
- $16,401
- IRR
- 14.0%
- Equity multiple
- 2.17×
- Total profit
- $36,054
- Equity at exit
- $9,511
Cash invested: $30,800 (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 44314
- Rents YoY
- 3.9%
- Active inventory
- 104
- Price-to-rent
- 6.8×
Monthly cashflow live
- Estimated rent
- $1,357 high interval (Pro) →
- Mortgage (P&I)
- −$577
- Tax from tax record
- −$121 /mo · $1,451/yr
- Insurance
- −$46
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$285
- Net cashflow
- $329
Break-even live
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
- $27,500
- Closing costs
- $3,300
- 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 21 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2138 East Ave Akron, OH | 3.0 | 1.0 | 990 | $1,100 | $1.11 | 23d | 1 | 0.03mi |
| 1029 Harpster Ave Akron, OH | 4.0 | 1.0 | 1403 | $1,250 | $0.89 | 14d | 1 | 0.37mi |
| 1292 W Wilbeth Rd Akron, OH | 3.0 | 1.0 | 1248 | $1,200 | $0.96 | 21d | 1 | 0.48mi |
| 2211 18th St SW Akron, OH | 3.0 | 1.0 | 1332 | $1,250 | $0.94 | 14d | 1 | 0.48mi |
| 1455 Woodbirch Ave Akron, OH | 3.0 | 2.0 | 1008 | $1,500 | $1.49 | 21d | 1 | 0.54mi |
| 1453 Woodbirch Ave Akron, OH | 3.0 | 2.0 | 1008 | $1,500 | $1.49 | 44d | 1 | 0.54mi |
| 875 Harrison Ave Akron, OH | 3.0 | 1.0 | 1157 | $1,150 | $0.99 | 14d | 1 | 0.65mi |
| 2163 13th St SW Akron, OH | 3.0 | 2.5 | 1480 | $1,150 | $0.78 | 44d | 1 | 0.73mi |
| 2160 12th St SW Akron, OH | 3.0 | 1.0 | 1445 | $1,300 | $0.90 | 44d | 1 | 0.76mi |
| 960 Jason Ave Akron, OH | 3.0 | 1.5 | 935 | $1,095 | $1.17 | 21d | 1 | 0.78mi |
| 2222 12th St SW Akron, OH | 3.0 | 1.5 | 1270 | $1,050 | $0.83 | 44d | 1 | 0.78mi |
| 773 Montana Ave Akron, OH | 3.0 | 1.5 | 1128 | $1,195 | $1.06 | 23d | 1 | 0.81mi |
| 2250 11th St SW Akron, OH | 3.0 | 1.0 | 1308 | $1,350 | $1.03 | 14d | 1 | 0.84mi |
| 786 Florida Ave Akron, OH | 5.0 | 1.0 | 1773 | $1,195 | $0.67 | 44d | 1 | 0.86mi |
| 1138 Kohler Ave Akron, OH | 3.0 | 1.0 | 1000 | $1,250 | $1.25 | 14d | 1 | 0.89mi |
| 721 Polk Ave Akron, OH | 3.0 | 1.5 | 1500 | $1,600 | $1.07 | 23d | 1 | 0.92mi |
| 720 Florida Ave Akron, OH | 4.0 | 1.0 | 1124 | $1,500 | $1.33 | 14d | 1 | 0.98mi |
| 760 Lakewood Blvd Akron, OH | 3.0 | 2.0 | 1398 | $1,150 | $0.82 | 23d | 1 | 1.12mi |
| 1641 13th St SW Akron, OH | 5.0 | 2.5 | 1700 | $1,750 | $1.03 | 44d | 1 | 1.16mi |
| 1032 Andrew St Akron, OH | 3.0 | 1.0 | 960 | $1,097 | $1.14 | 44d | 1 | 1.21mi |
| 527 Brady Ave Akron, OH | 3.0 | 1.5 | 1416 | $1,395 | $0.99 | 44d | 1 | 1.31mi |
Listing history 35 events
-
2026-06-18days on market $110,000 Active 33 DOM
-
2026-06-17days on market $110,000 Active 32 DOM
-
2026-06-16days on market $110,000 Active 31 DOM
-
2026-06-15days on market $110,000 Active 30 DOM
-
2026-06-14days on market $110,000 Active 28 DOM
-
2026-06-13pricedays on market $110,000 Active 27 DOM
-
2026-06-10days on market $120,000 Active 25 DOM
-
2026-06-09days on market $120,000 Active 24 DOM
-
2026-06-08days on market $120,000 Active 23 DOM
-
2026-06-07days on market $120,000 Active 22 DOM
-
2026-06-05days on market $120,000 Active 19 DOM
-
2026-06-03days on market $120,000 Active 18 DOM
-
2026-06-02days on market $120,000 Active 17 DOM
-
2026-06-01days on market $120,000 Active 16 DOM
-
2026-05-31days on market $120,000 Active 15 DOM
-
2026-05-31days on market $120,000 Active 14 DOM
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2026-05-16$120,000 Active
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2023-09-27soldstatus $98,900
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2023-09-25soldstatus $98,900 Closed 1005-char remark
Show marketing remark (1005 chars)
Welcome home to 2146 East Ave. This 4 bed 2 bath home in Kenmore has been renovated and refreshed with today's modern design in mind. Beautiful layout makes this home show really well and feel a lot larger than what it truly is. Upon entering through the front door, you step right into the family room with good natural lighting. Off the family room, is a formal dining area with built in storage space that keeps the character of the home going. Next you will find the beautifully done kitchen that comes fully equipped with stainless steel appliances & is large enough to boast a little breakfast nook right off the side. Off the kitchen, is the first full bath that has been completely redone and gives that efficient first floor vibe. Heading upstairs, you will find 3 good sized bedrooms with nice closet space and the second full bath for guests to use. The third level offers a bonus area which can be used as a fourth bedroom or a cozy little office. Tons of space and updates that you must
-
2023-09-04historical Contingent 1005-char remark
Show marketing remark (1005 chars)
Welcome home to 2146 East Ave. This 4 bed 2 bath home in Kenmore has been renovated and refreshed with today's modern design in mind. Beautiful layout makes this home show really well and feel a lot larger than what it truly is. Upon entering through the front door, you step right into the family room with good natural lighting. Off the family room, is a formal dining area with built in storage space that keeps the character of the home going. Next you will find the beautifully done kitchen that comes fully equipped with stainless steel appliances & is large enough to boast a little breakfast nook right off the side. Off the kitchen, is the first full bath that has been completely redone and gives that efficient first floor vibe. Heading upstairs, you will find 3 good sized bedrooms with nice closet space and the second full bath for guests to use. The third level offers a bonus area which can be used as a fourth bedroom or a cozy little office. Tons of space and updates that you must
-
2023-08-28$115,000 Active 1005-char remark
Show marketing remark (1005 chars)
Welcome home to 2146 East Ave. This 4 bed 2 bath home in Kenmore has been renovated and refreshed with today's modern design in mind. Beautiful layout makes this home show really well and feel a lot larger than what it truly is. Upon entering through the front door, you step right into the family room with good natural lighting. Off the family room, is a formal dining area with built in storage space that keeps the character of the home going. Next you will find the beautifully done kitchen that comes fully equipped with stainless steel appliances & is large enough to boast a little breakfast nook right off the side. Off the kitchen, is the first full bath that has been completely redone and gives that efficient first floor vibe. Heading upstairs, you will find 3 good sized bedrooms with nice closet space and the second full bath for guests to use. The third level offers a bonus area which can be used as a fourth bedroom or a cozy little office. Tons of space and updates that you must
-
2023-08-28soldstatus $60,500
Show marketing remark (1005 chars)
Welcome home to 2146 East Ave. This 4 bed 2 bath home in Kenmore has been renovated and refreshed with today's modern design in mind. Beautiful layout makes this home show really well and feel a lot larger than what it truly is. Upon entering through the front door, you step right into the family room with good natural lighting. Off the family room, is a formal dining area with built in storage space that keeps the character of the home going. Next you will find the beautifully done kitchen that comes fully equipped with stainless steel appliances & is large enough to boast a little breakfast nook right off the side. Off the kitchen, is the first full bath that has been completely redone and gives that efficient first floor vibe. Heading upstairs, you will find 3 good sized bedrooms with nice closet space and the second full bath for guests to use. The third level offers a bonus area which can be used as a fourth bedroom or a cozy little office. Tons of space and updates that you must
-
2018-04-17historical
-
2018-04-11status Active
-
2018-04-10historical
-
2018-01-29price $65,000
-
2017-12-16price $69,000
-
2017-10-13$75,000 Active
-
2017-06-30soldstatus $21,000 Sold
-
2017-06-24status Pending
-
2017-06-20historical Contingent
-
2017-05-25$18,490 Active
-
2002-12-11soldstatus $54,000
-
1990-08-13soldstatus $12,600
-
1990-07-27soldstatus $12,600
ⓘ 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
- $1,451 · $121/mo
- Projected year-2 tax
- $1,584 · $132/mo
- Expected delta
- +$132/yr (+$11/mo · 9.1%)
ⓘ 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 2/10 Low 0 unhealthy d/yr today · 1 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
- $16,289
- − Mortgage interest
- −$6,162
- − Property taxes
- −$1,451
- − Insurance
- −$550
- − Repairs & maintenance
- −$1,303
- − Management
- −$1,303
- − Depreciation
- −$3,200
- Taxable income
- $2,320
- Est. tax owed @ 24.0%
- −$557
- After-tax cash flow
- $3,388/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)
- 17,885
- Household income
- $47,468
- Rent vs Own
- Severe rent burden
- 975.0
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 (69%)
- Race & ethnicity
- White 69% Black 16% Two or more races 12% Hispanic / Latino 3% Asian 3%
- Common ancestry
- Slovak 2% Romanian 2% Lithuanian 1%
- Foreign-born
- 3% · India, Canada, Philippines
- Languages at home
- 96% English-only · Chinese 2% Russian/Polish/Slavic 1% Spanish 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
- ▼ -166.61%
- Current HPI
- 151.066
- Rent YoY
- ▲ 3.91%
- 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
+852.4% since first listed19 events — show timeline
- 2026-05-16 Listed $120,000 MLSNOW
- 2023-09-27 Sold (Public Records) $98,900 Public Records
- 2023-09-25 Sold (MLS) $98,900 MLSNOW
- 2023-09-04 Contingent — MLSNOW
- 2023-08-28 Sold (Public Records) $60,500 Public Records
- 2023-08-28 Listed $115,000 MLSNOW
- 2018-04-17 Listing Removed — MLSNOW
- 2018-04-11 Relisted — MLSNOW
- 2018-04-10 Listing Removed — MLSNOW
- 2018-01-29 Price Changed $65,000 MLSNOW
- 2017-12-16 Price Changed $69,000 MLSNOW
- 2017-10-13 Listed $75,000 MLSNOW
- 2017-06-30 Sold (MLS) $21,000 MLSNOW
- 2017-06-24 Pending — MLSNOW
- 2017-06-20 Contingent — MLSNOW
- 2017-05-25 Listed $18,490 MLSNOW
- 2002-12-11 Sold (Public Records) $54,000 Public Records
- 1990-08-13 Sold (Public Records) $12,600 Public Records
- 1990-07-27 Sold (Public Records) $12,600 Public Records
Property tax history
+1.0%/yrLatest (2025): $1,451 · -2.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…