908 Stadelman Ave · Akron, OH 44320

$112,900

4 bd · 1.0 ba · 1,728 sqft · SingleFamily public records · 269 Days on market

Built 1924 5,148 sqft lot $65/sqft · 52% above area

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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 +24.2/30.0
• DSCR +7.8/10.0
• ARV discount +7.5/15.0
• 1% rule +7.4/10.0
• Livability +4.0/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome to 908 Stadelman Ave, a solid Akron property with plenty of potential. This home offers 4 bedrooms and 1 bathroom, featuring a functional floor plan and comfortable living spaces. With a bit of updating, it can easily become a charming residence or a great long-term investment. Conveniently located near schools, shopping, dining, and major highways, this home provides easy access to all that Akron has to offer. Whether you’re looking for an affordable first home or an investment to add to your portfolio, 908 Stadelman Ave is a smart choice.

Key facts

• 5,148 sq ft lot
• Built 1924
• Listed 269 days

Tags

• FUNCTIONAL FLOOR PLAN
• COMFORTABLE LIVING SPACES
• EASY ACCESS TO SCHOOLS
• EASY ACCESS TO SHOPPING
• EASY ACCESS TO DINING
• EASY ACCESS TO MAJOR HIGHWAYS

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $113k.

Deal economics

• At list price, monthly cash flow is $225 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $113k).
• Recommended offer: $99k (12.0% below list) — sets the bar for market timing.
• Cap rate 8.7% 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 (+1.6%/yr); 102 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 61% 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).
• This rent runs 41% of the median local income ($41k/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 $781 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.

Negotiation context

• It's been on market 269 days — a 12% lower offer ($99k) is reasonable based on typical stale-listing flexibility.
• 8 sale attempts since 3y ago; this cycle's ask is 7452% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $63k; list at $113k implies a 79% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 2.6% of price; built in 1924 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $99,352 (12.0% below list)

Questions for the listing agent

1. It's been on market 269 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1924 — 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. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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.
8. 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.
9. 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: 1.24% ✓
• Cap rate: 8.69%
• Cash-on-cash: 8.55%
• DSCR: 1.38
• GRM: 6.7

CMA / ARV

• ARV (median comp): $74,174
• List price: $112,900
• Delta: 52.21%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1007 Delia Ave	0.23mi	4/1.0	1,602 (-7%)	2mo	$117,000	$73	76
101 Marvin Ave	0.48mi	4/1.0	1,747 (+1%)	2mo	$179,900	$103	74
151 S Portage Path	0.34mi	3/1.5 (-1)	1,848 (+7%)	1mo	$196,000	$106	65
968 Stadelman Ave	0.12mi	3/1.5 (-1)	1,488 (-14%)	2mo	$104,000	$70	62
212 Gale St	0.65mi	4/1.5	1,671 (-3%)	2mo	$115,000	$69	60
952 Jefferson Ave	0.41mi	3/2.0 (-1)	1,618 (-6%)	2mo	$195,000	$121	60
445 Beechwood Dr	0.34mi	3/1.0 (-1)	1,498 (-13%)	2mo	$142,850	$95	55
555 Hoye Ave	0.52mi	4/1.0	1,505 (-13%)	2mo	$15,500	$10	53
557 Wildwood Ave	0.53mi	3/1.0 (-1)	1,545 (-11%)	2mo	$65,000	$42	51
487 Bacon Ave	0.32mi	5/1.5 (+1)	1,980 (+15%)	3mo	$153,000	$77	51
71 Dodge Ave	0.43mi	5/2.0 (+1)	1,920 (+11%)	3mo	$128,000	$67	50
16 Orchard Rd	0.73mi	4/2.0	1,884 (+9%)	3mo	$165,000	$88	44

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 · 1.65% rent growth · sell at horizon

5-year hold

• IRR: -5.0%
• Equity multiple: 0.82×
• Total profit: $-5,755
• Equity at exit: $16,834

10-year hold

• IRR: 2.9%
• Equity multiple: 1.20×
• Total profit: $6,277
• Equity at exit: $9,762

Cash invested: $31,612 (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 44320

• Rents YoY: 1.6%
• Active inventory: 102
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $1,405 high
• Mortgage (P&I): −$592
• Tax from tax record: −$246 /mo · $2,951/yr
• Insurance: −$47
• HOA: −$0
• Vacancy / Maint / Mgmt: −$295
• Net cashflow: $225

Break-even live

Break-even rent $1,120

Max offer price $112,900

Occupancy floor 79%

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: $28,225
• Closing costs: $3,387
• Reserves months: —
• Total cash needed: —

Rent comps 28 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
918 Bye St Akron, OH	3.0	1.0	1248	$1,200	$0.96	44d	1	0.08mi
924 Hamlin St Akron, OH	3.0	1.0	1106	$1,300	$1.18	44d	1	0.14mi
321 Grace Ave Akron, OH	3.0	2.0	1484	$1,175	$0.79	14d	1	0.15mi
378 Wildwood Ave Akron, OH	4.0	1.0	1544	$1,200	$0.78	44d	1	0.16mi
295 Noble Ave Akron, OH	3.0	2.5	1488	$1,600	$1.08	44d	1	0.24mi
713 Crosby St Unit 1496092P Akron, OH	3.0	2.0	1840	$5,078	$2.76	21d	1	0.36mi
637 Storer Ave Akron, OH	3.0	1.5	1322	$1,250	$0.95	14d	1	0.50mi
900 W Market St Akron, OH	2.0–3.0	1.5–2.0	1880	$2,340	$1.24	23d	6	0.51mi
1142 Jefferson Ave Unit 2 Akron, OH	3.0	1.0	1200	$1,150	$0.96	44d	1	0.53mi
627 Crosby St Unit B Akron, OH	4.0	1.0	1200	$875	$0.73	44d	1	0.53mi
677 Crossings Ln Akron, OH	3.0	2.5	1440	$1,950	$1.35	23d	1	0.57mi
378 Trigonia Dr Akron, OH	3.0	1.5	1090	$1,200	$1.10	44d	1	0.61mi
575 Noble Ave Akron, OH	3.0	1.0	1300	$1,350	$1.04	14d	1	0.62mi
601 Glendora Ave Akron, OH	3.0	1.0	1310	$1,200	$0.92	44d	1	0.63mi
80 N Portage Path Akron, OH	2.0–3.0	2.0	1462	$1,720	$1.18	44d	1	0.64mi
25 N Rose Blvd Unit 1496095P Akron, OH	4.0	2.5	1603	$9,078	$5.66	21d	1	0.68mi
202 Westwood Ave Akron, OH	3.0	1.0	1344	$1,250	$0.93	14d	1	0.69mi
91 Westwood Ave Akron, OH	3.0	1.0	1631	$1,450	$0.89	14d	1	0.70mi
445 S Maple St Akron, OH	3.0	1.5	1041	$1,240	$1.19	44d	7	0.72mi
844 Lawton St Akron, OH	4.0	2.0	1240	$1,175	$0.95	44d	1	0.74mi
686 East Ave Akron, OH	4.0	2.0	2032	$1,700	$0.84	44d	1	0.75mi
961 Lawton St Akron, OH	3.0	1.0	1144	$1,450	$1.27	14d	1	0.78mi
730 Noble Ave Akron, OH	3.0	1.0	1092	$1,200	$1.10	23d	1	0.90mi
218 Twin Oaks Rd Unit 222-16 Akron, OH	3.0	2.0	1400	$1,500	$1.07	44d	1	0.93mi
311 Crestwood Ave Akron, OH	4.0	2.0	1800	$1,395	$0.78	44d	1	1.02mi
1090 Hartford Ave Akron, OH	4.0	1.0	1328	$1,125	$0.85	44d	1	1.19mi
207 Crosby St Akron, OH	4.0	1.0	1200	$1,395	$1.16	44d	1	1.26mi
991 Diana Ave Akron, OH	3.0	2.0	1264	$1,325	$1.05	44d	1	1.37mi

Listing history 50 events

1. 2026-06-18
   days on market $112,900 Active 269 DOM
2. 2026-06-17
   days on market $112,900 Active 268 DOM
3. 2026-06-16
   days on market $112,900 Active 267 DOM
4. 2026-06-15
   days on market $112,900 Active 266 DOM
5. 2026-06-14
   days on market $112,900 Active 264 DOM
6. 2026-06-13
   days on market $112,900 Active 263 DOM
7. 2026-06-10
   days on market $112,900 Active 261 DOM
8. 2026-06-09
   days on market $112,900 Active 260 DOM
9. 2026-06-08
   days on market $112,900 Active 259 DOM
10. 2026-06-07
    days on market $112,900 Active 258 DOM
11. 2026-06-05
    days on market $112,900 Active 255 DOM
12. 2026-06-03
    days on market $112,900 Active 254 DOM
13. 2026-06-02
    days on market $112,900 Active 253 DOM
14. 2026-06-01
    days on market $112,900 Active 252 DOM
15. 2026-05-31
    days on market $112,900 Active 251 DOM
16. 2026-05-31
    days on market $112,900 Active 250 DOM
17. 2026-02-23
    historical $1,495
18. 2026-01-26
    price $112,900 560-char remark

    Show marketing remark (560 chars)

    Welcome to 908 Stadelman Ave, a solid Akron property with plenty of potential. This home offers 4 bedrooms and 1 bathroom, featuring a functional floor plan and comfortable living spaces. With a bit of updating, it can easily become a charming residence or a great long-term investment. Conveniently located near schools, shopping, dining, and major highways, this home provides easy access to all that Akron has to offer. Whether you’re looking for an affordable first home or an investment to add to your portfolio, 908 Stadelman Ave is a smart choice.

19. 2026-01-22
    listed $1,495
20. 2025-11-17
    price $113,900 560-char remark

    Show marketing remark (560 chars)

    Welcome to 908 Stadelman Ave, a solid Akron property with plenty of potential. This home offers 4 bedrooms and 1 bathroom, featuring a functional floor plan and comfortable living spaces. With a bit of updating, it can easily become a charming residence or a great long-term investment. Conveniently located near schools, shopping, dining, and major highways, this home provides easy access to all that Akron has to offer. Whether you’re looking for an affordable first home or an investment to add to your portfolio, 908 Stadelman Ave is a smart choice.

21. 2025-11-08
    historical $1,500
22. 2025-11-05
    price $1,500
23. 2025-10-24
    price $1,525
24. 2025-10-22
    price $1,550
25. 2025-10-15
    price $1,650
26. 2025-10-07
    price $1,700
27. 2025-09-22
    listed $114,900 Active 560-char remark

    Show marketing remark (560 chars)

    Welcome to 908 Stadelman Ave, a solid Akron property with plenty of potential. This home offers 4 bedrooms and 1 bathroom, featuring a functional floor plan and comfortable living spaces. With a bit of updating, it can easily become a charming residence or a great long-term investment. Conveniently located near schools, shopping, dining, and major highways, this home provides easy access to all that Akron has to offer. Whether you’re looking for an affordable first home or an investment to add to your portfolio, 908 Stadelman Ave is a smart choice.

28. 2025-09-19
    historical
29. 2025-09-16
    listed $1,750
30. 2025-08-22
    price $121,000
31. 2025-08-20
    status Active
32. 2025-08-19
    historical
33. 2025-08-14
    historical $1,750
34. 2025-08-07
    price $122,000
35. 2025-07-22
    price $125,000
36. 2025-07-19
    listed $1,750
37. 2025-06-16
    price $127,000
38. 2025-06-05
    price $127,500
39. 2025-05-29
    price $128,000
40. 2025-05-28
    price $128,900
41. 2025-05-20
    price $129,900
42. 2025-05-15
    price $132,500
43. 2025-05-08
    price $133,000
44. 2025-04-28
    historical $1,750
45. 2025-04-21
    listed $135,000 Active
46. 2025-02-26
    listed $1,750
47. 2024-02-15
    soldstatus $63,000
48. 2024-02-09
    soldstatus $53,000 Closed
49. 2023-12-18
    status Pending
50. 2023-12-14
    listed $53,000 Active

ⓘ 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: $2,951 · $246/mo
• Projected year-2 tax: $2,951 · $246/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 · 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: $16,863
• − Mortgage interest: −$6,324
• − Property taxes: −$2,951
• − Insurance: −$564
• − Repairs & maintenance: −$1,349
• − Management: −$1,349
• − Depreciation: −$3,284
• Taxable income: $1,041
• Est. tax owed @ 24.0%: −$250
• After-tax cash flow: $2,452/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): 17,690
• Household income: $41,241
• Rent vs Own: 46.1% rent · 53.9% own
• Severe rent burden: 1316.0

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: Majority Black (63%)
• Race & ethnicity: Black 63% White 27% Two or more races 7% Hispanic / Latino 4%
• Common ancestry: Romanian 2% Italian 1% Scotch-Irish 1%
• Foreign-born: 2% · Canada
• Languages at home: 97% English-only · Spanish 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: ▼ -117.69%
• Current HPI: 122.9888
• Rent YoY: ▲ 1.65%
• 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

-97.2% since first listed

34 events — show timeline

• 2026-02-23 Rental Removed $1,495 TURBOTENANT
• 2026-01-26 Price Changed $112,900 MLSNOW
• 2026-01-22 Listed for Rent $1,495 TURBOTENANT
• 2025-11-17 Price Changed $113,900 MLSNOW
• 2025-11-08 Rental Removed $1,500 TURBOTENANT
• 2025-11-05 Price Changed $1,500 TURBOTENANT
• 2025-10-24 Price Changed $1,525 TURBOTENANT
• 2025-10-22 Price Changed $1,550 TURBOTENANT
• 2025-10-15 Price Changed $1,650 TURBOTENANT
• 2025-10-07 Price Changed $1,700 TURBOTENANT
• 2025-09-22 Listed $114,900 MLSNOW
• 2025-09-19 Listing Removed — MLSNOW
• 2025-09-16 Listed for Rent $1,750 TURBOTENANT
• 2025-08-22 Price Changed $121,000 MLSNOW
• 2025-08-20 Relisted — MLSNOW
• 2025-08-19 Listing Removed — MLSNOW
• 2025-08-14 Rental Removed $1,750 TURBOTENANT
• 2025-08-07 Price Changed $122,000 MLSNOW
• 2025-07-22 Price Changed $125,000 MLSNOW
• 2025-07-19 Listed for Rent $1,750 TURBOTENANT
• 2025-06-16 Price Changed $127,000 MLSNOW
• 2025-06-05 Price Changed $127,500 MLSNOW
• 2025-05-29 Price Changed $128,000 MLSNOW
• 2025-05-28 Price Changed $128,900 MLSNOW
• 2025-05-20 Price Changed $129,900 MLSNOW
• 2025-05-15 Price Changed $132,500 MLSNOW
• 2025-05-08 Price Changed $133,000 MLSNOW
• 2025-04-28 Rental Removed $1,750 TURBOTENANT
• 2025-04-21 Listed $135,000 MLSNOW
• 2025-02-26 Listed for Rent $1,750 TURBOTENANT
• 2024-02-15 Sold (Public Records) $63,000 Public Records
• 2024-02-09 Sold (MLS) $53,000 MLSNOW
• 2023-12-18 Pending — MLSNOW
• 2023-12-14 Listed $53,000 MLSNOW

Property tax history

+8.0%/yr

Latest (2025): $2,951 · +86.9% YoY. Source: county tax records.