29 days on rocket

561 E Buchtel Ave, Akron, OH, 44304

$169,900

Home List Price

$2,018*

Closing Credit

5 Bedrooms
3 Full Baths
2,146 SqFt
$79/SqFt
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

561 E Buchtel Ave, Akron$169,900

Buyer Closing Credits

$2,018*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTriplex
ParkingDriveway, On Street
Year Built1919
HeatingBaseboard, Electric, Forced Air, Natural Gas
CoolingNone
BasementYes
MLS #5074079
Lot Size0.08 Acres
StatusActive

About 561 E Buchtel Ave

AKRON INVESTMENT OPPORTUNITY! This property is a perfect opportunity for investors or someone who wants to house hack - you can live in one unit and rent out the other two and have your mortgage paid! With potential market rental rates, this property could bring in over $2500 / month. The first and second floor units both have two bedrooms and the third floor features a great studio apartment, perfect for a college student. The home has been recently updated with brand-new flooring throughout and has been invigorated with fresh paint throughout the whole house. All three units are currently listed for rent, units 1 and 2 at $900 / month and unit 3 at $750 / month. The seller is already in contact with the Akron Metropolitan Housing Authority so buyers will have a head start on having it registered for their housing assistance program. This property is in close proximity to the University of Akron and the Akron campus of Summa. Don't miss out on adding this property to your Akron investment portfolio! Photos of third floor unit will be available 10/4/24.

Property Details

Property Features

Property Information:

  • Year Built: 1919
  • Stories: 3
  • Living Area: 2,146 SqFt

Listing Office:

  • Office Name: Keller Williams Citywide
  • Office Phone: (216) 916-7778
  • Listing Agent: Gregory Erlanger

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Driveway, On Street

Virtual/3D Tour

  • 3D Tour: 561 E Buchtel Ave
3D Tour

Lot Features

Lot Information:

  • Lot: City Lot
  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Electric, Forced Air, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: Fountain St. Drive to E Buchtel Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $169,900
  • Price Per SqFt: $79/SqFt

Tax Information:

  • Annual Amount: $1,244
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Akron, OH.

Map thumbnail provided by MapBox

Akron, OH

City

Med. Sold Price

$142.4K

Med. Price/SqFt

$106

Avg. Days On Market

33

# of Sold Homes

205

561 E Buchtel Ave vs Akron

29 DAYS ON ROCKET

-4 Days

$169,900

+$27.4K More

$79/SqFt

-$27 Less

KEY TAKEAWAY

This property is $27.4K more than the Median Sold Price and $27/SqFt less than other homes in Akron, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NOWDD
  • MLS Number: #5074079

Listing Office:

  • Office Name: Keller Williams Citywide
  • Office Phone: (216) 916-7778
  • Listing Agent: Gregory Erlanger

IDXCopyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 8:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,244$18,780
2019$1,243$15,908
2018$1,228$15,908
2017$1,227$15,908

History based on county public records data.

Payment Calculator

$915

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$576

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-844713
3
/10

  • Mason Community Learning Center

  • 700 E Exchange St

  • 0.48 miles

  • Public District Grades KG-6

school-card-donut-844714
4
/10

  • The Edge Academy

  • 92 N Union St

  • 0.56 miles

  • Public Charter Grades KG-5

school-card-donut-844715
3
/10

  • Leggett Community Learning Center

  • 333 E Thornton St

  • 0.97 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,630. Most Akron, OH residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Summit County›Akron›44304›561 E Buchtel Ave

This home is located at 561 E Buchtel Ave in Akron, OH and zip code 44304 in the University of Akron neighborhood. This 2,146 square foot home, which was built in 1919, sits on a 0.08 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $169,900.

Akron, OH housing market in September 2024 saw over 66 listings sold above listed price, more than 39 sold at listed price and over 99 sold below. The number of listings in Akron, OH increased by 5.5% between August 2024 and September 2024. In September 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $142,420.

From Rocket Homes Real Estate and based on county public records data.

More Resources