Incredible opportunity for investors looking to capitalize on one of Northeast Ohio's most affordable and fast-moving markets. 796 Sherman St, Akron is a vacant 3-bed, 1-bath, 1,230 sq ft single-family home priced at just $39,900, well below the city's median sale price of $146K, making the numbers work from day… Read More one. The property is fully vacant and in need of a complete rehabilitation, positioning it as a clean-slate flip or a perfect BRRRR candidate. No tenants to deal with, no inherited leases, just a blank canvas ready for your vision. With Akron's median price per square foot currently sitting at $116, a renovated 1,230 sq ft home in this market carries a strong ARV in the $130K-$145K range, leaving serious room for profit or long-term equity. Akron's investment fundamentals back this up. The market is rated 75 out of 100 for competitiveness, homes are selling in an average of 32 days, and home values are up over 10% year over year. Average rents in the city sit at $1,100/month, giving BRRRR investors a clear path to refinance and cash flow once renovations are complete. Bring your contractor, bring your numbers, and move fast. At this price point in this market, value like this does not sit long. Read Less
Courtesy of Russell Real Estate Services and Tal Tamir
Listing Snapshot
Days Online
27
Last Updated
Property Type
SingleFamilyResidence
Beds
3
Full Baths
1
Lot Size
0.28 Acres
Year Built
1893
MLS Number
5192854
Additional Details
Basement
Full
Building
Built in 1893, Architectural style: Colonial, Construction materials: Asbestos, Levels: Two, Living area units: SquareFeet, 2, 2 total stories
Heating
ForcedAir, Gas
Lot
0.28 acres
Parking
Asphalt, Driveway
Roof
Asphalt, Fiberglass
Sewer
PublicSewer
Taxes
Year: 2025
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