1174 Mercer Ave · Akron, OH 44307

$86,990

3 bd · 1.0 ba · 1,152 sqft · SingleFamily public records · 30 Days on market

Built 1926 4,234 sqft lot Est $101k · 14% 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 +27.5/30.0
• ARV discount +13.9/15.0
• DSCR +9.7/10.0
• 1% rule +9.3/10.0
• 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 MLS

Welcome to 1174 Mercer Avenue in Akron! This home has 3 bedrooms and 1 bathroom. Great investment opportunity! Don’t miss out; call today to schedule a showing.

Key facts

• Vinyl windows
• Open layout
• Large living room

Tags

• RENOVATED COLONIAL
• HARDWOOD FLOORS
• OPEN LAYOUT
• LARGE LIVING ROOM
• LARGE FIREPLACE
• VINYL WINDOWS

Property features AI

Exterior

• Parking: 2-car garage; Driveway
• Utilities: Public water supply; Public sewer
• Home design: 2-story house; Built according to public records
• Construction: Asphalt and fiberglass roof; Aluminum siding construction
• Exterior features: Aluminum siding; Public water; Public sewer

Interior

• Bedrooms: Total of 6 rooms (includes bedrooms and living spaces)
• Bathrooms: 1 full bathroom
• Heating & cooling: Gas heating
• Interior features: Unfinished basement; One fireplace

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $87k.

Deal economics

• At list price, monthly cash flow is $258 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $87k).
• Recommended offer: $86k (1.5% 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: 42 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 50% 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 $1,247/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 $431 of equity ($602 loan paydown + $-171 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 $24k cash investment doubles in ~6 years — after that, you're playing with house money.

Negotiation context

• It's been on market 30 days — a 2% lower offer ($86k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 20y ago; this cycle's ask has dropped $5k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $26k; list at $87k implies a 235% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 3.2% of price; built in 1926 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $85,685 (1.5% below list)

Questions for the listing agent

1. Built in 1926 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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: 1.43% ✓
• Cap rate: 9.86%
• Cash-on-cash: 12.72%
• DSCR: 1.57
• GRM: 5.8

CMA / ARV

• ARV (on-the-fly): $101,376
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
966 La Belle Ave	0.23mi	2/1.0 (-1)	1,170 (+2%)	5mo	$105,000	$90	78
815 Longview Ave	0.49mi	3/1.0	1,152 (0%)	3mo	$53,701	$47	75
1037 Hardesty Blvd	0.48mi	3/1.0	1,109 (-4%)	1mo	$98,000	$88	70
1194 Diagonal Rd	0.12mi	3/1.0	1,295 (+12%)	4mo	$48,650	$38	70
1311 Superior Ave	0.22mi	3/1.0	1,008 (-12%)	4mo	$50,000	$50	66
861 Glenn St	0.24mi	3/2.0	1,300 (+13%)	5mo	$157,000	$121	59
1248 Greenwood Ave	0.49mi	3/1.0	1,008 (-12%)	1mo	$69,000	$68	56
1265 Greenwood Ave	0.46mi	3/1.5	1,008 (-12%)	2mo	$165,000	$164	54
923 Russell Ave	0.72mi	3/1.0	1,244 (+8%)	1mo	$142,000	$114	52
994 Moeller Ave	0.72mi	3/1.0	1,047 (-9%)	1mo	$105,000	$100	50
924 Lane St	0.72mi	3/1.0	1,040 (-10%)	4mo	$43,070	$41	47
633 Madison Ave	0.72mi	3/1.0	1,308 (+14%)	2mo	$44,000	$34	42

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: 11.4%
• Equity multiple: 1.54×
• Total profit: $13,199
• Equity at exit: $24,408

10-year hold

• IRR: 16.5%
• Equity multiple: 2.79×
• Total profit: $43,578
• Equity at exit: $28,669

Cash invested: $24,357 (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: 5.8×

Monthly cashflow live

• Estimated rent: $1,247 high
• Mortgage (P&I): −$456
• Tax from tax record: −$234 /mo · $2,811/yr
• Insurance: −$36
• HOA: −$0
• Vacancy / Maint / Mgmt: −$262
• Net cashflow: $258

Break-even live

Break-even rent $920

Max offer price $86,990

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: $21,748
• Closing costs: $2,610
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
783 Leonard St Akron, OH	3.0	1.0	1040	$1,250	$1.20	43d	1	0.18mi
1092 Peerless Ave Akron, OH	3.0	1.0	998	$1,200	$1.20	43d	1	0.19mi
991 Diana Ave Akron, OH	3.0	2.0	1264	$1,325	$1.05	43d	1	0.22mi
1040 Mercer Ave Akron, OH	3.0	1.0	850	$1,400	$1.65	21d	1	0.23mi
730 Noble Ave Akron, OH	3.0	1.0	1092	$1,200	$1.10	23d	1	0.41mi
1494 Diagonal Rd Akron, OH	3.0	1.0	1064	$1,495	$1.41	43d	1	0.48mi
1090 Hartford Ave Akron, OH	4.0	1.0	1328	$1,125	$0.85	43d	1	0.54mi
961 Lawton St Akron, OH	3.0	1.0	1144	$1,450	$1.27	14d	1	0.54mi
844 Lawton St Akron, OH	4.0	2.0	1240	$1,175	$0.95	43d	1	0.59mi
1069 Fess Ave Akron, OH	2.0	1.0	940	$1,095	$1.16	43d	1	0.60mi
685 Longview Ave Akron, OH	3.0	1.0	1100	$1,150	$1.05	43d	1	0.66mi
1310 Bellevue Ave Unit Right Akron, OH	2.0	1.0	800	$990	$1.24	43d	1	0.68mi
575 Noble Ave Akron, OH	3.0	1.0	1300	$1,350	$1.04	14d	1	0.70mi
1313 Manchester Rd Akron, OH	3.0	1.0	1221	$1,200	$0.98	21d	1	0.71mi
1328 Thurston St Unit 1328 Akron, OH	3.0	1.0	900	$925	$1.03	23d	1	0.75mi
1326 Thurston St Unit 1326 Akron, OH	3.0	1.0	900	$925	$1.03	23d	1	0.76mi
1032 Andrew St Akron, OH	3.0	1.0	960	$1,097	$1.14	43d	1	0.76mi
1161 La Croix Ave Akron, OH	3.0	1.0	1452	$1,200	$0.83	23d	1	0.77mi
1331 Thurston St Unit 1326 Akron, OH	3.0	1.0	900	$925	$1.03	43d	1	0.77mi
1171 La Croix Ave Unit 2 Akron, OH	2.0	1.0	1267	$975	$0.77	43d	1	0.78mi
1335 Thurston St Unit 1335 Akron, OH	2.0	1.0	700	$825	$1.18	14d	1	0.78mi
1339 Thurston St Unit 1339 Akron, OH	2.0	1.0	700	$825	$1.18	43d	1	0.79mi
899 Rosamond Ave Akron, OH	1.0–2.0	1.0	690	$825	$1.20	23d	1	0.79mi
1161 Seward Ave Akron, OH	3.0	1.5	1000	$1,200	$1.20	14d	1	0.85mi
384 W Bartges St Akron, OH	2.0	1.0	1024	$1,100	$1.07	43d	1	0.89mi
637 Storer Ave Akron, OH	3.0	1.5	1322	$1,250	$0.95	14d	1	0.90mi
465 Grace Ave Akron, OH	2.0	1.0	850	$850	$1.00	43d	1	0.93mi
677 Crossings Ln Akron, OH	3.0	2.5	1440	$1,950	$1.35	23d	1	0.95mi
405 Noah Ave Akron, OH	2.0	1.0	1000	$1,050	$1.05	21d	1	1.00mi
1128 Cordova Ave Akron, OH	2.0	1.0	840	$795	$0.95	14d	1	1.06mi
916 Peckham St Akron, OH	2.0	1.0	936	$850	$0.91	43d	1	1.12mi
760 Lakewood Blvd Akron, OH	3.0	2.0	1398	$1,150	$0.82	23d	1	1.14mi
781 Saxon Ave Akron, OH	2.0	1.0	800	$900	$1.12	43d	1	1.16mi
924 Hamlin St Akron, OH	3.0	1.0	1106	$1,300	$1.18	43d	1	1.17mi
321 Grace Ave Akron, OH	3.0	2.0	1484	$1,175	$0.79	14d	1	1.19mi
847 Jason Ave Unit 1 Akron, OH	2.0	1.0	798	$825	$1.03	23d	1	1.20mi
931 Trimble Dr Akron, OH	2.0	1.5	1448	$1,495	$1.03	23d	1	1.22mi
601 Glendora Ave Akron, OH	3.0	1.0	1310	$1,200	$0.92	43d	1	1.22mi
295 Noble Ave Akron, OH	3.0	2.5	1488	$1,600	$1.08	43d	1	1.22mi
783 Boulevard St Akron, OH	4.0	1.0	1440	$999	$0.69	23d	1	1.22mi

Listing history 26 events

1. 2026-06-18
   days on market $86,990 Active 30 DOM
2. 2026-06-17
   days on market $86,990 Active 29 DOM
3. 2026-06-16
   days on market $86,990 Active 28 DOM
4. 2026-06-15
   days on market $86,990 Active 27 DOM
5. 2026-06-14
   days on market $86,990 Active 25 DOM
6. 2026-06-13
   pricedays on market $86,990 Active 24 DOM
7. 2026-06-10
   days on market $91,990 Active 22 DOM
8. 2026-06-09
   days on market $91,990 Active 21 DOM
9. 2026-06-08
   days on market $91,990 Active 20 DOM
10. 2026-06-07
    days on market $91,990 Active 19 DOM
11. 2026-06-05
    days on market $91,990 Active 16 DOM
12. 2026-06-03
    days on market $91,990 Active 15 DOM
13. 2026-06-02
    days on market $91,990 Active 14 DOM
14. 2026-06-01
    days on market $91,990 Active 13 DOM
15. 2026-05-31
    days on market $91,990 Active 12 DOM
16. 2026-05-31
    days on market $91,990 Active 11 DOM
17. 2026-05-19
    listed $91,990 Active
18. 2021-04-09
    soldstatus $26,000 Closed 166-char remark

    Show marketing remark (166 chars)

    Welcome to 1174 Mercer Avenue in Akron! This home has 3 bedrooms and 1 bathroom. Great investment opportunity! Don’t miss out; call today to schedule a showing.

19. 2021-02-05
    status Pending 166-char remark

    Show marketing remark (166 chars)

    Welcome to 1174 Mercer Avenue in Akron! This home has 3 bedrooms and 1 bathroom. Great investment opportunity! Don’t miss out; call today to schedule a showing.

20. 2020-12-23
    price $25,000 166-char remark

    Show marketing remark (166 chars)

    Welcome to 1174 Mercer Avenue in Akron! This home has 3 bedrooms and 1 bathroom. Great investment opportunity! Don’t miss out; call today to schedule a showing.

21. 2020-11-16
    price $45,000 166-char remark

    Show marketing remark (166 chars)

    Welcome to 1174 Mercer Avenue in Akron! This home has 3 bedrooms and 1 bathroom. Great investment opportunity! Don’t miss out; call today to schedule a showing.

22. 2020-11-05
    listed $55,000 Active 166-char remark

    Show marketing remark (166 chars)

    Welcome to 1174 Mercer Avenue in Akron! This home has 3 bedrooms and 1 bathroom. Great investment opportunity! Don’t miss out; call today to schedule a showing.

23. 2007-07-06
    soldstatus $10,000 128-char remark

    Show marketing remark (128 chars)

    Selling as is. Bring offers, owners anxious to sell!!! No Repairs to be done! House is habitable, tenants in there for 20 years.

24. 2006-10-31
    historical
25. 2006-10-21
    listed $15,900 128-char remark

    Show marketing remark (128 chars)

    Selling as is. Bring offers, owners anxious to sell!!! No Repairs to be done! House is habitable, tenants in there for 20 years.

26. 2006-05-16
    listed $39,900

ⓘ 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: $2,811 · $234/mo
• Projected year-2 tax: $2,811 · $234/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 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $14,960
• − Mortgage interest: −$4,873
• − Property taxes: −$2,811
• − Insurance: −$435
• − Repairs & maintenance: −$1,197
• − Management: −$1,197
• − Depreciation: −$2,531
• Taxable income: $1,918
• Est. tax owed @ 24.0%: −$460
• After-tax cash flow: $2,639/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

+130.6% since first listed

10 events — show timeline

• 2026-05-19 Listed $91,990 MLSNOW
• 2021-04-09 Sold (MLS) $26,000 MLSNOW
• 2021-02-05 Pending — MLSNOW
• 2020-12-23 Price Changed $25,000 MLSNOW
• 2020-11-16 Price Changed $45,000 MLSNOW
• 2020-11-05 Listed $55,000 MLSNOW
• 2007-07-06 Sold (MLS) $10,000 MLSNOW
• 2006-10-31 Listing Removed — MLSNOW
• 2006-10-21 Listed $15,900 MLSNOW
• 2006-05-16 Listed $39,900 MLSNOW

Property tax history

+9.0%/yr

Latest (2025): $2,811 · +65.8% YoY. Source: county tax records.