559 E Exchange Street, Akron, OH 44306
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: jodi l mignano, thomas c mignano ii
Office: keller williams chervenic rlty
MLS#:5235100
Source:OH_NORMLS
Price summary
- Price:$97,500
- Price per sq. ft.:$61.17
About this home
Whether you're looking to expand your investment portfolio or searching for an affordable place to call home, this spacious 5-bedroom, 2-full-bath Colonial offers exceptional value just a few blocks from The University of Akron. Its prime location makes it an attractive option for student housing, with a proven rental history. A previous owner successfully rented the home by the bedroom at approximately $400 per room per month, with tenants sharing the kitchen, bathrooms, living room, and basement. The property was leased as a single-family residence for $1,300 per month. With five generously sized bedrooms, flexible living space, and strong income-producing potential, this property offers multiple investment strategies. Many updates to include new furnace, some newer windows and doors, 2 remodeled bathrooms and newer kitchen. All stainless steel kitchen appliances stay too! Continue using it as a student rental, lease it as a traditional single-family home, or make it your own owner-occupied residence. Conveniently located near campus, downtown Akron, restaurants, shopping, and major highways, this is an opportunity you won't want to miss!...
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Home facts
- Year built:1906
- Subdivision & Development:Rubber Workers
- Listing ID #:5235100
- Added:5 day(s) ago
- Updated:August 14, 2026 at 02:22 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:10
- Kitchen Description:Dishwasher, Range, Refrigerator
- Basement:Yes
- Basement Description:Full, Unfinished
- Living area:1,594 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1906
- Building area:1,594 sq. ft.
- Lot area:0.06 Acres
- Architectural Style:Colonial, Conventional
- Construction Materials:Vinyl Siding
- Levels:3 Stories
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$97,500
- Price per sq. ft.:$61.17
- Tax amount:$1,817 (2025)
Features and amenities
- Appliances:Dishwasher, Range, Refrigerator
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