1443-1445 Hyde Park Ave · Akron, OH 44310

$230,000

5 bd · 2.0 ba · 1,680 sqft · MultiFamily public records · 91 Days on market

Built 1965 7,400 sqft lot $137/sqft · 43% above area Est $161k · 43% over

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Why this score? — see what drove the D 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 +18.7/30.0
• DSCR +5.9/10.0
• 1% rule +5.1/10.0
• Livability +4.0/5.0
• Rent growth +3.7/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• ARV discount +0.0/15.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks MLS

Side-by-side, single-level brick duplex with quick access to Route 8, grocery stores, restaurants, and daily essentials. One unit is leased at $1,000 per month through November 2027, providing immediate income. The second unit will be delivered vacant and is available for viewing, offering flexibility for owner occupancy or market-rate rental. The functional layouts on both sides make the spaces practical and appealing for long-term tenants or an owner-occupant. Both units have one side of the garage and private basements. Ideal for an investor or a buyer looking to house hack and offset their living expenses while building equity. Strong rental location, stable income in place, and flexibility at closing create an exciting opportunity.

Key facts

• Brick duplex
• Immediate income
• Private basements

Tags

• BRICK DUPLEX
• QUICK ACCESS TO ROUTE 8
• PRIVATE BASEMENTS
• FUNCTIONAL LAYOUTS
• STRONG RENTAL LOCATION
• IMMEDIATE INCOME

What this means for you Summary

Snapshot

• This is a 2 × 2-bed/1.0-bath units multifamily listed at $230k.

Deal economics

• At list price, monthly cash flow is $227 ($3k/yr) — positive. Per door: $113/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $230k).
• Recommended offer: $209k (9.0% below list) — sets the bar for market timing.

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.
• Zoned schools: Jennings Community Learning Center (math 12% / reading 18%, grade F, #627 of 654 statewide, top 96%, 757 students, 0% FRL); North High School (math 2% / reading 15%, grade F, #755 of 781 statewide, top 97%, 916 students, 0% FRL) — zoned schools average 0% FRL vs 66% district-wide (66 pts lower); this property's tenant base skews higher-income than the district average.
• Zoned-school proficiency averages 12% at this address vs 26% district-wide (-14 pts) — the specific schools serving this property underperform the Akron City average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising fast (+4.8%/yr); 88 active listings in the ZIP; lower-income renter base — watch delinquency; 1,114 units permitted in Summit County in 2024 (397 in 5+ unit buildings).
• At $2,328/mo this rent would consume 68% of the median local household income ($41k/yr) (locally 2058% 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 $2k of loan paydown is wiped out by about $7k 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.

Negotiation context

• It's been on market 91 days — a 9% lower offer ($209k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 14y ago; this cycle's ask is 17592% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $185k; 24% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $209,300 (9.0% below list)

Questions for the listing agent

1. It's been on market 91 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Built in 1965 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. 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.
10. 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.
11. 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: 1.01% ✓
• Cap rate: 7.48%
• Cash-on-cash: 4.23%
• DSCR: 1.19
• GRM: 8.2

CMA / ARV

• ARV (median comp): $160,662
• List price: $230,000
• Delta: 43.16%
• Verdict: OVERPRICED
• Comps: 10 within 1.0 mi

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1359-1361 Brittain Woods Rd	0.36mi	4/2.0 (-1)	1,612 (-4%)	20mo	$150,000	$93	55

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: -7.6%
• Equity multiple: 0.71×
• Total profit: $-18,434
• Equity at exit: $34,294

10-year hold

• IRR: 4.2%
• Equity multiple: 1.33×
• Total profit: $21,235
• Equity at exit: $19,886

Cash invested: $64,400 (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: 88
• Price-to-rent: 16.5×

Monthly cashflow live

• Estimated rent: $2,328 high
• Mortgage (P&I): −$1,206
• Tax from tax record: −$310 /mo · $3,724/yr
• Insurance: −$96
• HOA: −$0
• Vacancy / Maint / Mgmt: −$489
• Net cashflow: $227

Break-even live

Break-even rent $2,041

Max offer price $230,000

Occupancy floor 85%

Sensitivity live

Price	-10% $357	-5% $292	+0% $227	+5% $162	+10% $97
Rent	-10% $43	-5% $135	+0% $227	+5% $319	+10% $411
Rate	-1.0pp $343	-0.5pp $285	base $227	+0.5pp $167	+1.0pp $107

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

Units	Beds	Baths	Est. rent
▸ 2× units	2	1	$2,328
Total (2 units)			$2,328

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: $57,500
• Closing costs: $6,900
• Reserves months: —
• Total cash needed: —

Listing history 26 events

1. 2026-06-21
   days on market $230,000 Active 91 DOM
2. 2026-06-18
   days on market $230,000 Active 88 DOM
3. 2026-06-17
   days on market $230,000 Active 87 DOM
4. 2026-06-16
   days on market $230,000 Active 86 DOM
5. 2026-06-15
   days on market $230,000 Active 85 DOM
6. 2026-06-14
   days on market $230,000 Active 83 DOM
7. 2026-06-13
   days on market $230,000 Active 82 DOM
8. 2026-06-10
   days on market $230,000 Active 80 DOM
9. 2026-06-09
   days on market $230,000 Active 79 DOM
10. 2026-06-08
    days on market $230,000 Active 78 DOM
11. 2026-06-07
    days on market $230,000 Active 77 DOM
12. 2026-06-05
    days on market $230,000 Active 74 DOM
13. 2026-06-03
    days on market $230,000 Active 73 DOM
14. 2026-06-02
    days on market $230,000 Active 72 DOM
15. 2026-06-01
    days on market $230,000 Active 71 DOM
16. 2026-05-31
    days on market $230,000 Active 70 DOM
17. 2026-05-31
    days on market $230,000 Active 69 DOM
18. 2026-04-30
    listed $1,300
19. 2026-04-29
    status Active 746-char remark

    Show marketing remark (746 chars)

    Side-by-side, single-level brick duplex with quick access to Route 8, grocery stores, restaurants, and daily essentials. One unit is leased at $1,000 per month through November 2027, providing immediate income. The second unit will be delivered vacant and is available for viewing, offering flexibility for owner occupancy or market-rate rental. The functional layouts on both sides make the spaces practical and appealing for long-term tenants or an owner-occupant. Both units have one side of the garage and private basements. Ideal for an investor or a buyer looking to house hack and offset their living expenses while building equity. Strong rental location, stable income in place, and flexibility at closing create an exciting opportunity.

20. 2026-03-26
    status Pending 746-char remark

    Show marketing remark (746 chars)

    Side-by-side, single-level brick duplex with quick access to Route 8, grocery stores, restaurants, and daily essentials. One unit is leased at $1,000 per month through November 2027, providing immediate income. The second unit will be delivered vacant and is available for viewing, offering flexibility for owner occupancy or market-rate rental. The functional layouts on both sides make the spaces practical and appealing for long-term tenants or an owner-occupant. Both units have one side of the garage and private basements. Ideal for an investor or a buyer looking to house hack and offset their living expenses while building equity. Strong rental location, stable income in place, and flexibility at closing create an exciting opportunity.

21. 2026-03-09
    price $230,000 746-char remark

    Show marketing remark (746 chars)

    Side-by-side, single-level brick duplex with quick access to Route 8, grocery stores, restaurants, and daily essentials. One unit is leased at $1,000 per month through November 2027, providing immediate income. The second unit will be delivered vacant and is available for viewing, offering flexibility for owner occupancy or market-rate rental. The functional layouts on both sides make the spaces practical and appealing for long-term tenants or an owner-occupant. Both units have one side of the garage and private basements. Ideal for an investor or a buyer looking to house hack and offset their living expenses while building equity. Strong rental location, stable income in place, and flexibility at closing create an exciting opportunity.

22. 2026-02-16
    listed $249,900 Active 746-char remark

    Show marketing remark (746 chars)

    Side-by-side, single-level brick duplex with quick access to Route 8, grocery stores, restaurants, and daily essentials. One unit is leased at $1,000 per month through November 2027, providing immediate income. The second unit will be delivered vacant and is available for viewing, offering flexibility for owner occupancy or market-rate rental. The functional layouts on both sides make the spaces practical and appealing for long-term tenants or an owner-occupant. Both units have one side of the garage and private basements. Ideal for an investor or a buyer looking to house hack and offset their living expenses while building equity. Strong rental location, stable income in place, and flexibility at closing create an exciting opportunity.

23. 2022-06-10
    soldstatus $185,000
24. 2012-05-15
    soldstatus $60,000 884-char remark

    Show marketing remark (884 chars)

    Awesome BRICK Duplex, and yes I said AWESOME! Has 3-bedroom ranch unit and a 2-bedroom ranch unit with garages and dry basements! You can have investment income from both units OR live in one side and have the other side pay the mortgage by leasing! UPDATES ON PAST 2 YEARS INCLUDE: NEW Furnaces, New Central Air conditioning systems, new hot water tanks, new vinyl windows both homes, new garage doors and openers, complete basements water proofed, the 3-bedroom unit has new kitchen sink & plumbing, bathroom new plumbing and new toilet, all new carpet, new vinyl in the kitchen & bathroom and completely painted in 2008! 2-bedroom unit has had the same tenant for years! Owner originally lived in 3-bedroom, now rents both units but wants to retire! Just move in or full income potential~ these are GREAT homes that will earn you money! Close to shopping~and community!

25. 2012-05-15
    soldstatus $60,000

    Show marketing remark (884 chars)

    Awesome BRICK Duplex, and yes I said AWESOME! Has 3-bedroom ranch unit and a 2-bedroom ranch unit with garages and dry basements! You can have investment income from both units OR live in one side and have the other side pay the mortgage by leasing! UPDATES ON PAST 2 YEARS INCLUDE: NEW Furnaces, New Central Air conditioning systems, new hot water tanks, new vinyl windows both homes, new garage doors and openers, complete basements water proofed, the 3-bedroom unit has new kitchen sink & plumbing, bathroom new plumbing and new toilet, all new carpet, new vinyl in the kitchen & bathroom and completely painted in 2008! 2-bedroom unit has had the same tenant for years! Owner originally lived in 3-bedroom, now rents both units but wants to retire! Just move in or full income potential~ these are GREAT homes that will earn you money! Close to shopping~and community!

26. 2012-01-04
    listed $64,995 884-char remark

    Show marketing remark (884 chars)

    Awesome BRICK Duplex, and yes I said AWESOME! Has 3-bedroom ranch unit and a 2-bedroom ranch unit with garages and dry basements! You can have investment income from both units OR live in one side and have the other side pay the mortgage by leasing! UPDATES ON PAST 2 YEARS INCLUDE: NEW Furnaces, New Central Air conditioning systems, new hot water tanks, new vinyl windows both homes, new garage doors and openers, complete basements water proofed, the 3-bedroom unit has new kitchen sink & plumbing, bathroom new plumbing and new toilet, all new carpet, new vinyl in the kitchen & bathroom and completely painted in 2008! 2-bedroom unit has had the same tenant for years! Owner originally lived in 3-bedroom, now rents both units but wants to retire! Just move in or full income potential~ these are GREAT homes that will earn you money! Close to shopping~and community!

ⓘ 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: $3,724 · $310/mo
• Projected year-2 tax: $3,724 · $310/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 ≥96°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: $27,936
• − Mortgage interest: −$12,884
• − Property taxes: −$3,724
• − Insurance: −$1,150
• − Repairs & maintenance: −$2,235
• − Management: −$2,235
• − Depreciation: −$6,691
• Taxable loss: −$982
• Est. tax savings @ 24.0%: +$236
• After-tax cash flow: $2,958/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

-98.0% since first listed

9 events — show timeline

• 2026-04-30 Listed for Rent $1,300 YESMLS
• 2026-04-29 Relisted — MLSNOW
• 2026-03-26 Pending — MLSNOW
• 2026-03-09 Price Changed $230,000 MLSNOW
• 2026-02-16 Listed $249,900 MLSNOW
• 2022-06-10 Sold (Public Records) $185,000 Public Records
• 2012-05-15 Sold (Public Records) $60,000 Public Records
• 2012-05-15 Sold (MLS) $60,000 MLSNOW
• 2012-01-04 Listed $64,995 MLSNOW

Property tax history

+3.7%/yr

Latest (2025): $3,724 · +0.2% YoY. Source: county tax records.