1635 Triplett Blvd · Akron, OH 44306

$93,900

3 bd · 2.0 ba · 1,585 sqft · SingleFamily public records · 44 Days on market

Built 1914 4,791 sqft lot $59/sqft · 42% below area Est $162k · 42% under

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +27.3/30.0
• ARV discount +15.0/15.0
• DSCR +9.5/10.0
• 1% rule +9.0/10.0
• Rent growth +4.4/5.0
• Livability +4.0/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Living room with fireplace & built-in bookcases. Some natural woodwork. Property has been converted to duplex. This property is eligible under Freddie Mac First Look Initiative through 10/24/14. Sold "AS IS". Buyer to verify all information. Buyer or buyer's agent responsible to check with Building, Zoning, EPA, DEA, Tax Dept or any other requirement for intended use. Buyer to pay for all inspections. Earnest money to be a Cashiers check. Subject to clear title.

Key facts

• 4,791 sq ft lot
• Parking
• Built 1914

Property features AI

Finance

• HOA & community: Nearby shopping

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer; Public power (standard residential service implied)
• Home design: Two-story home; Faces south; Fixer condition
• Construction: Frame construction; Asphalt fiberglass shingle roof; Block foundation; Built according to public records (year built source: Public Records)
• Exterior features: Front porch; Back yard with chain-link fencing and gate; Flat, level lot; Has view

Interior

• Kitchen: Eat-in kitchen (first level); Eat-in kitchen (second level)
• Bedrooms: Two main-level bedrooms; Additional bedrooms on first and third floors; Second-floor bedroom within an additional living suite
• Flooring: Carpeted rooms in multiple living areas and bedrooms
• Bathrooms: Two full bathrooms total; One full bathroom on the main level; Full bathroom within the additional living suite
• Heating & cooling: Forced-air heating
• Interior features: Built-in features; In-law floorplan; Has basement (full, unfinished); Fireplace in living room
• Laundry & utility: Laundry located in the basement

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $94k.

Deal economics

• At list price, monthly cash flow is $272 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $94k).
• Recommended offer: $91k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.8% vs local median 6.6% in Akron — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 81/100 on livability (#104 in OH, #1,591 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: crime F, employment F.
• Akron City (urban): math 22% / reading 30% proficiency, ranked #602 of 656 in OH (top 92%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+7.6%/yr); 69 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 1,114 units permitted in Summit County in 2024 (397 in 5+ unit buildings).
• This rent runs 38% of the median local income ($42k/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 $649 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 + 7.6% rent growth), your $26k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 44 days — a 3% lower offer ($91k) 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: property tax is 3.0% of price; built in 1914 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $91,083 (3.0% below list)

Questions for the listing agent

1. It's been on market 44 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1914 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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.
7. 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.
8. 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: 1.40% ✓
• Cap rate: 9.77%
• Cash-on-cash: 12.42%
• DSCR: 1.55
• GRM: 6.0

CMA / ARV

• ARV (median comp): $161,903
• List price: $93,900
• Delta: -42.00%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
443 Fulmer Ave	0.64mi	3/1.0	1,500 (-5%)	1mo	$205,500	$137	56
472 Stephens Rd	0.61mi	4/1.0 (+1)	1,385 (-13%)	3mo	$180,000	$130	39

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 · 7.63% rent growth · sell at horizon

5-year hold

• IRR: 7.9%
• Equity multiple: 1.33×
• Total profit: $8,598
• Equity at exit: $14,001

10-year hold

• IRR: 21.2%
• Equity multiple: 3.25×
• Total profit: $59,042
• Equity at exit: $8,119

Cash invested: $26,292 (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 44306

• Rents YoY: 7.6%
• Active inventory: 69
• Price-to-rent: 6.0×

Monthly cashflow live

• Estimated rent: $1,311 medium
• Mortgage (P&I): −$492
• Tax from tax record: −$232 /mo · $2,786/yr
• Insurance: −$39
• HOA: −$0
• Vacancy / Maint / Mgmt: −$275
• Net cashflow: $272

Break-even live

Break-even rent $967

Max offer price $93,900

Occupancy floor 74%

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: $23,475
• Closing costs: $2,817
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1125 Georgia Ave Akron, OH	3.0	1.0	1060	$1,300	$1.23	14d	1	0.90mi
1280 7th Ave Akron, OH	2.0	1.0	1152	$1,200	$1.04	14d	1	1.21mi
1070 Super Genius Cir Akron, OH	2.0–4.0	1.0–2.0	1145	$1,174	$1.03	14d	1	1.38mi
497 Lucy St Akron, OH	4.0	1.0	1600	$1,500	$0.94	43d	1	1.45mi

Listing history 40 events

1. 2026-06-18
   days on market $93,900 Active 44 DOM
2. 2026-06-17
   days on market $93,900 Active 43 DOM
3. 2026-06-16
   days on market $93,900 Active 42 DOM
4. 2026-06-15
   days on market $93,900 Active 41 DOM
5. 2026-06-14
   days on market $93,900 Active 39 DOM
6. 2026-06-13
   days on market $93,900 Active 38 DOM
7. 2026-06-10
   days on market $93,900 Active 36 DOM
8. 2026-06-09
   days on market $93,900 Active 35 DOM
9. 2026-06-08
   days on market $93,900 Active 34 DOM
10. 2026-06-07
    days on market $93,900 Active 33 DOM
11. 2026-06-05
    days on market $93,900 Active 30 DOM
12. 2026-06-03
    days on market $93,900 Active 29 DOM
13. 2026-06-02
    days on market $93,900 Active 28 DOM
14. 2026-06-01
    days on market $93,900 Active 27 DOM
15. 2026-05-31
    days on market $93,900 Active 26 DOM
16. 2026-05-31
    days on market $93,900 Active 25 DOM
17. 2026-05-04
    listed $93,900 Active 715-char remark
18. 2018-11-06
    soldstatus $609,740
19. 2015-06-08
    soldstatus $69,000
20. 2015-01-29
    soldstatus $15,152 483-char remark

    Show marketing remark (483 chars)

    Living room with fireplace & built-in bookcases. Some natural woodwork. Property has been converted to duplex. This property is eligible under Freddie Mac First Look Initiative through 10/24/14. Sold "AS IS". Buyer to verify all information. Buyer or buyer's agent responsible to check with Building, Zoning, EPA, DEA, Tax Dept or any other requirement for intended use. Buyer to pay for all inspections. Earnest money to be a Cashiers check. Subject to clear title.

21. 2015-01-02
    historical 483-char remark

    Show marketing remark (483 chars)

    Living room with fireplace & built-in bookcases. Some natural woodwork. Property has been converted to duplex. This property is eligible under Freddie Mac First Look Initiative through 10/24/14. Sold "AS IS". Buyer to verify all information. Buyer or buyer's agent responsible to check with Building, Zoning, EPA, DEA, Tax Dept or any other requirement for intended use. Buyer to pay for all inspections. Earnest money to be a Cashiers check. Subject to clear title.

22. 2014-10-13
    listed $14,900 483-char remark

    Show marketing remark (483 chars)

    Living room with fireplace & built-in bookcases. Some natural woodwork. Property has been converted to duplex. This property is eligible under Freddie Mac First Look Initiative through 10/24/14. Sold "AS IS". Buyer to verify all information. Buyer or buyer's agent responsible to check with Building, Zoning, EPA, DEA, Tax Dept or any other requirement for intended use. Buyer to pay for all inspections. Earnest money to be a Cashiers check. Subject to clear title.

23. 2014-09-17
    historical
24. 2014-09-09
    listed $34,900
25. 2014-05-15
    historical
26. 2013-10-19
    listed $16,900
27. 2008-05-05
    soldstatus $78,000
28. 1998-07-08
    historical
29. 1998-01-23
    listed $68,900
30. 1997-12-01
    historical
31. 1997-06-02
    listed $68,900
32. 1997-05-30
    historical
33. 1997-05-30
    historical
34. 1997-03-14
    listed $78,000
35. 1996-11-08
    listed $77,000
36. 1994-05-13
    soldstatus $32,500
37. 1986-12-09
    soldstatus $23,548
38. 1986-09-22
    soldstatus $23,548
39. 1985-10-11
    soldstatus $12,000
40. 1985-01-31
    soldstatus $26,000

ⓘ 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: $2,786 · $232/mo
• Projected year-2 tax: $2,786 · $232/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥97°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,735
• − Mortgage interest: −$5,260
• − Property taxes: −$2,786
• − Insurance: −$470
• − Repairs & maintenance: −$1,259
• − Management: −$1,259
• − Depreciation: −$2,732
• Taxable income: $1,970
• Est. tax owed @ 24.0%: −$473
• After-tax cash flow: $2,793/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): 20,905
• Household income: $41,688
• Rent vs Own: 56.4% rent · 43.6% own
• Severe rent burden: 1251.0

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 0.62)
• Race & ethnicity: White 48% Black 38% Two or more races 8% Hispanic / Latino 3% Asian 2%
• Common ancestry: Lithuanian 2% Iranian 1% Scotch-Irish 1%
• Foreign-born: 4% · Vietnam, Canada, Philippines
• Languages at home: 94% English-only · Spanish 2% Other Asian/Pacific 1% Vietnamese 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: ▼ -101.46%
• Current HPI: 132.768
• Rent YoY: ▲ 7.63%
• 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

+261.2% since first listed

24 events — show timeline

• 2026-05-04 Listed $93,900 MLSNOW
• 2018-11-06 Sold (Public Records) $609,740 Public Records
• 2015-06-08 Sold (Public Records) $69,000 Public Records
• 2015-01-29 Sold (MLS) $15,152 MLSNOW
• 2015-01-02 Listing Removed — MLSNOW
• 2014-10-13 Listed $14,900 MLSNOW
• 2014-09-17 Listing Removed — MLSNOW
• 2014-09-09 Listed $34,900 MLSNOW
• 2014-05-15 Listing Removed — MLSNOW
• 2013-10-19 Listed $16,900 MLSNOW
• 2008-05-05 Sold (Public Records) $78,000 Public Records
• 1998-07-08 Listing Removed — MLSNOW
• 1998-01-23 Listed $68,900 MLSNOW
• 1997-12-01 Listing Removed — MLSNOW
• 1997-06-02 Listed $68,900 MLSNOW
• 1997-05-30 Listing Removed — MLSNOW
• 1997-05-30 Listing Removed — MLSNOW
• 1997-03-14 Listed $78,000 MLSNOW
• 1996-11-08 Listed $77,000 MLSNOW
• 1994-05-13 Sold (Public Records) $32,500 Public Records
• 1986-12-09 Sold (Public Records) $23,548 Public Records
• 1986-09-22 Sold (Public Records) $23,548 Public Records
• 1985-10-11 Sold (Public Records) $12,000 Public Records
• 1985-01-31 Sold (Public Records) $26,000 Public Records

Property tax history

+4.2%/yr

Latest (2025): $2,786 · -16.9% YoY. Source: county tax records.