REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 32,000
Est. payment /mo
Price Dropped by $7K
796 Sherman Akron, OH 44311
3 Beds
1 Bath
0.28 Acres Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5192854
Style Colonial
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1893
Annual Tax Amount $1,221
Tax Year 2025
Lot Size 0.280 Acres
Acres 0.28
Property Sub-Type Single Family Residence
Property Description
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 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.
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.
Location
State OH
County Summit
Rooms
Basement Full
Main Level Bedrooms 3
Interior
Heating Forced Air, Gas
Cooling None
Fireplace No
Exterior
Parking Features Asphalt, Driveway
Water Access Desc Public
Roof Type Asphalt,Fiberglass
Private Pool No
Building
Story 2
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories Two
Schools
School District Akron Csd - 7701
Others
Tax ID 6826419
Special Listing Condition Standard
Listed by Tal Tamir • Russell Real Estate Services • [email protected], 216-870-8687