1546 White Ave · Akron, OH 44307

$78,000

3 bd · 1.0 ba · 1,284 sqft · SingleFamily public records · 42 Days on market

Built 1923 5,680 sqft lot $61/sqft · 22% below area Est $100k · 22% under

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Why this score? — see what drove the A- 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 +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +4.9/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0

Listing remarks

Investor opportunity with endless potential! This spacious 3-bedroom, 1-bath home offers a solid foundation for your next renovation project or value-add investment. Featuring a functional layout with generous living space, this property includes two sunrooms — one on the main level and a private sunroom off the primary bedroom — adding charm and flexibility rarely found at this price point. The enclosed front porch welcomes you into the home, while the large backyard provides plenty of room for entertaining, gardening, or future outdoor upgrades. The unfinished walkout basement offers additional potential for expanded living space, recreation area, workshop, or possible bedroom

Key facts

• 5,680 sq ft lot
• Garage
• Built 1923

Property features AI

Finance

• Financial info: Annual property tax information available

Exterior

• Parking: Detached or attached 1-car garage; Direct access from garage; Paved parking
• Utilities: Public water; Public sewer
• Home design: Two-story home
• Construction: Vinyl siding; Asphalt/fiberglass roof
• Exterior features: Lot size about 0.13 acres; Property listed as fixer condition

Interior

• Kitchen: Kitchen on the first floor (approximately 13 x 10)
• Bedrooms: Bedroom on the second floor (approximately 14 x 13)
• Flooring: Concrete flooring in the basement
• Bathrooms: One full bathroom (second floor, approximately 9 x 6)
• Heating & cooling: Forced air gas heating; Central air conditioning
• Interior features: Full basement with walk-out access; 6 total rooms

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $78k.

Deal economics

• At list price, monthly cash flow is $430 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $78k).
• Recommended offer: $76k (3.0% below list) — sets the bar for market timing.
• Cap rate 12.9% 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: 42 active listings in the ZIP; 39 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 46% 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 $1,240/mo this rent would consume 54% of the median local household income ($28k/yr) (locally 787% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $386 of equity ($539 loan paydown + $-153 appreciation (-0.2% local appreciation)).
• Summit County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-0.2% appreciation + 3.0% rent growth), your $22k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

• It's been on market 42 days — a 3% lower offer ($76k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 19y 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.
• Current owner paid $29k; list at $78k implies a 169% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1923 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $75,660 (3.0% below list)

Questions for the listing agent

1. It's been on market 42 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 1923 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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?
5. 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.
6. 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.
7. 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: 1.59% ✓
• Cap rate: 12.90%
• Cash-on-cash: 23.60%
• DSCR: 2.05
• GRM: 5.2

CMA / ARV

• ARV (median comp): $99,670
• List price: $78,000
• Delta: -21.74%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
923 Russell Ave	0.15mi	3/1.0	1,244 (-3%)	1mo	$142,000	$114	87
1144 Vernon Odom Blvd	0.19mi	3/2.0	1,351 (+5%)	7mo	$239,900	$178	72
1352 Diagonal Rd	0.45mi	3/1.0	1,200 (-6%)	5mo	$108,500	$90	64
815 Longview Ave	0.38mi	3/1.0	1,152 (-10%)	3mo	$53,701	$47	63
1194 Diagonal Rd	0.73mi	3/1.0	1,295 (+1%)	4mo	$48,650	$38	61
1255 Dover Ave	0.53mi	3/1.0	1,383 (+8%)	3mo	$150,000	$108	60
738 Longview Ave	0.51mi	3/1.5	1,366 (+6%)	6mo	$89,900	$66	59
889 Fess Ave	0.26mi	4/1.0 (+1)	1,428 (+11%)	9mo	$76,000	$53	56
966 La Belle Ave	0.48mi	2/1.0 (-1)	1,170 (-9%)	5mo	$105,000	$90	54
936 Jason Ave	0.66mi	3/2.0	1,336 (+4%)	7mo	$120,000	$90	53
815 Sheridan Ave	0.37mi	4/1.0 (+1)	1,469 (+14%)	6mo	$123,000	$84	49
1302 East Ave	0.46mi	3/1.5	1,474 (+15%)	6mo	$61,000	$41	46

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-0.2% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 23.3%
• Equity multiple: 2.12×
• Total profit: $24,385
• Equity at exit: $21,886

10-year hold

• IRR: 27.5%
• Equity multiple: 4.02×
• Total profit: $65,995
• Equity at exit: $25,706

Cash invested: $21,840 (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 44307

• Home prices YoY: -0.2%
• Active inventory: 42
• Price-to-rent: 5.2×

Monthly cashflow live

• Estimated rent: $1,240 high
• Mortgage (P&I): −$409
• Tax from tax record: −$108 /mo · $1,299/yr
• Insurance: −$32
• HOA: −$0
• Vacancy / Maint / Mgmt: −$260
• Net cashflow: $430

Break-even live

Break-even rent $696

Max offer price $78,000

Occupancy floor 60%

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: $19,500
• Closing costs: $2,340
• Reserves months: —
• Total cash needed: —

Rent comps 39 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1069 Fess Ave Akron, OH	2.0	1.0	940	$1,095	$1.16	44d	1	0.14mi
1032 Andrew St Akron, OH	3.0	1.0	960	$1,097	$1.14	44d	1	0.14mi
1494 Diagonal Rd Akron, OH	3.0	1.0	1064	$1,495	$1.41	44d	1	0.35mi
783 Leonard St Akron, OH	3.0	1.0	1040	$1,250	$1.20	44d	1	0.58mi
685 Longview Ave Akron, OH	3.0	1.0	1100	$1,150	$1.05	44d	1	0.63mi
1313 Manchester Rd Akron, OH	3.0	1.0	1221	$1,200	$0.98	21d	1	0.67mi
991 Diana Ave Akron, OH	3.0	2.0	1264	$1,325	$1.05	44d	1	0.67mi
960 Jason Ave Akron, OH	3.0	1.5	935	$1,095	$1.17	21d	1	0.67mi
1171 La Croix Ave Unit 2 Akron, OH	2.0	1.0	1267	$975	$0.77	44d	1	0.73mi
1161 La Croix Ave Akron, OH	3.0	1.0	1452	$1,200	$0.83	23d	1	0.73mi
760 Lakewood Blvd Akron, OH	3.0	2.0	1398	$1,150	$0.82	23d	1	0.75mi
1092 Peerless Ave Akron, OH	3.0	1.0	998	$1,200	$1.20	44d	1	0.75mi
1328 Thurston St Unit 1328 Akron, OH	3.0	1.0	900	$925	$1.03	23d	1	0.85mi
1326 Thurston St Unit 1326 Akron, OH	3.0	1.0	900	$925	$1.03	23d	1	0.86mi
1331 Thurston St Unit 1326 Akron, OH	3.0	1.0	900	$925	$1.03	44d	1	0.89mi
1090 Hartford Ave Akron, OH	4.0	1.0	1328	$1,125	$0.85	44d	1	0.92mi
1161 Seward Ave Akron, OH	3.0	1.5	1000	$1,200	$1.20	14d	1	1.04mi
730 Noble Ave Akron, OH	3.0	1.0	1092	$1,200	$1.10	23d	1	1.04mi
875 Harrison Ave Akron, OH	3.0	1.0	1157	$1,150	$0.99	14d	1	1.05mi
527 Brady Ave Akron, OH	3.0	1.5	1416	$1,395	$0.99	44d	1	1.09mi
961 Lawton St Akron, OH	3.0	1.0	1144	$1,450	$1.27	14d	1	1.16mi
844 Lawton St Akron, OH	4.0	2.0	1240	$1,175	$0.95	44d	1	1.22mi
721 Polk Ave Akron, OH	3.0	1.5	1500	$1,600	$1.07	23d	1	1.24mi
773 Montana Ave Akron, OH	3.0	1.5	1128	$1,195	$1.06	23d	1	1.27mi
384 W Bartges St Akron, OH	2.0	1.0	1024	$1,100	$1.07	44d	1	1.28mi
2139 18th St SW Akron, OH	2.0	1.0	992	$1,100	$1.11	44d	1	1.28mi
1889 Vernon Odom Blvd Akron, OH	1.0–2.0	1.0–2.0	800	$1,310	$1.64	14d	1	1.30mi
575 Noble Ave Akron, OH	3.0	1.0	1300	$1,350	$1.04	14d	1	1.32mi
2138 East Ave Akron, OH	3.0	1.0	990	$1,100	$1.11	23d	1	1.34mi
1029 Harpster Ave Akron, OH	4.0	1.0	1403	$1,250	$0.89	14d	1	1.35mi
2160 12th St SW Akron, OH	3.0	1.0	1445	$1,300	$0.90	44d	1	1.37mi
2163 13th St SW Akron, OH	3.0	2.5	1480	$1,150	$0.78	44d	1	1.37mi
2211 18th St SW Akron, OH	3.0	1.0	1332	$1,250	$0.94	14d	1	1.41mi
1304 Kellogg Ave Akron, OH	2.0	2.0	1148	$2,000	$1.74	14d	1	1.44mi
1127 Victory St Unit 1129 Akron, OH	3.0	1.0	1368	$950	$0.69	44d	1	1.44mi
783 Boulevard St Akron, OH	4.0	1.0	1440	$999	$0.69	23d	1	1.46mi
2222 12th St SW Akron, OH	3.0	1.5	1270	$1,050	$0.83	44d	1	1.48mi
1047 Yukon Ave Akron, OH	3.0	1.0	966	$995	$1.03	21d	1	1.49mi
637 Storer Ave Akron, OH	3.0	1.5	1322	$1,250	$0.95	14d	1	1.50mi

Listing history 22 events

1. 2026-06-18
   days on market $78,000 Active 42 DOM
2. 2026-06-17
   days on market $78,000 Active 41 DOM
3. 2026-06-16
   days on market $78,000 Active 40 DOM
4. 2026-06-15
   days on market $78,000 Active 39 DOM
5. 2026-06-14
   days on market $78,000 Active 37 DOM
6. 2026-06-13
   days on market $78,000 Active 36 DOM
7. 2026-06-10
   days on market $78,000 Active 34 DOM
8. 2026-06-09
   days on market $78,000 Active 33 DOM
9. 2026-06-08
   days on market $78,000 Active 32 DOM
10. 2026-06-07
    days on market $78,000 Active 31 DOM
11. 2026-06-05
    days on market $78,000 Active 28 DOM
12. 2026-06-03
    days on market $78,000 Active 27 DOM
13. 2026-06-02
    days on market $78,000 Active 26 DOM
14. 2026-06-01
    days on market $78,000 Active 25 DOM
15. 2026-05-31
    days on market $78,000 Active 24 DOM
16. 2026-05-31
    days on market $78,000 Active 23 DOM
17. 2026-05-07
    listed $78,000 Active 1001-char remark
18. 2020-06-24
    soldstatus $29,000
19. 2013-06-01
    historical
20. 2009-09-08
    listed $6,800
21. 2008-10-31
    historical
22. 2007-07-20
    listed $8,000

ⓘ 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: $1,299 · $108/mo
• Projected year-2 tax: $1,299 · $108/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 · 17 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: $14,877
• − Mortgage interest: −$4,369
• − Property taxes: −$1,299
• − Insurance: −$390
• − Repairs & maintenance: −$1,190
• − Management: −$1,190
• − Depreciation: −$2,269
• Taxable income: $4,169
• Est. tax owed @ 24.0%: −$1,000
• After-tax cash flow: $4,154/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): 6,653
• Household income: $27,697
• Rent vs Own: 72.1% rent · 27.9% own
• Severe rent burden: 787.0

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 Black (73%)
• Race & ethnicity: Black 73% White 17% Two or more races 5% Hispanic / Latino 5%
• Common ancestry: Slovak 1% Romanian 1% Iranian 1%
• Foreign-born: 2% · Canada
• Languages at home: 98% English-only · Spanish 2% French/Haitian/Cajun 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: ▼ -0.20%
• Current HPI: 81.3728
• 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
▸Industrial Machinery	3	$49B
▸Financial Services	3	$24B
▸Consumer Goods	2	$93B
▸Aerospace / Defense	2	$47B
▸Utilities	2	$33B

Price history

+875.0% since first listed

6 events — show timeline

• 2026-05-07 Listed $78,000 MLSNOW
• 2020-06-24 Sold (Public Records) $29,000 Public Records
• 2013-06-01 Listing Removed — MLSNOW
• 2009-09-08 Listed $6,800 MLSNOW
• 2008-10-31 Listing Removed — MLSNOW
• 2007-07-20 Listed $8,000 MLSNOW

Property tax history

+11.2%/yr

Latest (2025): $1,299 · -8.7% YoY. Source: county tax records.