LKV Realty
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$97,500
$300Reward *
559 E Exchange Street, Akron, OH 44306Listing ID 5235100

559 E Exchange Street, Akron, OH 44306

Active
Rubber Workers
Time on site: 2 daysLast updated: 1 day ago
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
5
Bathrooms
Bathrooms
2
Square Feet
Square Feet
1,594
Acres
Acres
0.06
Days on Site
Days on Site
1
Cooling
Cooling
None
Heating
Heating
Forced Air, Gas
Year Built
Year Built
1906
Stories
Stories
3
Parking
Parking
No Garage, Unpaved

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!

Property Information

Property Details

Location

Address
559 E Exchange Street
County
Summit
City
Akron
Zip Code
44306
Subdivision
Rubber Workers
School District
Akron CSD - 7701

Interior Features

Beds and Baths

Bedrooms
5
Full Bathrooms
2

Building

Building Information

Square Feet
1,594
Year Built
1906
Stories
3
Construction
Vinyl Siding
Roof
Asphalt, Fiberglass

Property Taxes

Tax Annual Amount
$1,817
Tax Year
2025
Keller Williams Chervenic Rlty, (330) 686-1644

Market Report for 44306

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MLS Now
MLS Now logo

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings held by brokerage firms other than LKV Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). LKV Realty does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. This information is deemed reliable but not guaranteed. Copyright 2026 - Multiple Listing Service, Inc. - All Rights Reserved.

For corrections to this data please contact Brytecore MLS Support.

C2005004349 • C2006004291