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531 Fernwood Drive

Akron, OH 44320

$109,900 $463/Mo

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Overview

Bed

Bath

1,288

Sqft

0.16

Acre(Lot)

Description

Welcome to 531 Fernwood Ave — a well-maintained 3-bedroom, 1-bath home offering 1,288 square feet and a history of long-term occupancy with a tenant. Whether you're looking for your next investment property or a place to call home, this property offers flexibility, stability, and plenty of potential. One of the biggest highlights of this home is the tenant history. The current tenant has proudly called this property home for the past 26 years and would love to stay, creating an excellent opportunity for an investor looking for immediate and reliable rental income with proven long-term stability. Inside, you'll find a functional layout with comfortable living space, classic charm, and room to make it your own over time. The home has been well cared for throughout the years, and that pride of ownership shows. For an owner-occupant, this property offers affordability, character, and the opportunity to add your own personal touch. For investors, it's hard to find a tenant history like this with such strong long-term occupancy. Whether you're expanding your portfolio or searching for your next home, 531 Fernwood Ave presents a unique opportunity you won't want to miss.

Property Details

Property Type : Residential

Price : $109,900

AD Id : 84839269

MLS Id : 5218693

Beds : 3

Lot Size : 0.16 Acre

Living Area Size : 1,288

Year Built : 1920

County : Summit

Subdivision: Cedar Mill Run

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 3

Bathroom Information

Total Baths: 1 Full Baths: 1

Room Information

Rooms Total: 6 Has Basement: Yes Basement: Full
Roofing Information

Asphalt, Fiberglass
Interior Features

Roof: Asphalt, Fiberglass Laundry Features: In Bathroom
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Forced Air Cooling: None

Building Information

Year Built: 1920 Construction Materials: Vinyl Siding Stories: 2 Patio And Porch Features: Front Porch Private Pool: No

Lot Information

Lot Dimensions: 55x123 Main Square Feet: 0.1553 Acres Lot Size Acres: 0.1553 Lot Size Source: Public Records

Property Information

Subdivision: Perkins & Brockway Allotment Source Property Type: Residential Property SubType: Single Family Residence Levels: Two Property Age: 106

Listing Price Information

Listing Price: $109900 Cash, Conventional, FHA

Tax Information

Parcel Number: 6734084 Tax Year: 2025 Annual Tax: $880 Tax Legal Desc: PERK BROCKWAY LOT 13ALL

Parking Information

Driveway

Location Information

Direction: I-77 to right Copley Rd right to Fernwood WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
460 Auld Farm Circle, Akron, OH, 44320	$289,900	4	3	--
524 Auld Farm Circle, Akron, OH, 44320	$239,990	3	3	1,664	1,664 SqFt
434 Hillwood Drive, Akron, OH, 44320	$159,900	4	2	1,613	1,613 SqFt
842 Stadelman Avenue, Akron, OH, 44320	$149,900	5	2	1,670	1,670 SqFt
280 Wildwood Avenue, Akron, OH, 44320	$130,000	3	2	1,306	1,306 SqFt
908 Stadelman Avenue, Akron, OH, 44320	$112,900	4	1	1,728	1,728 SqFt
343 Madison Avenue, Akron, OH, 44320	$85,000	3	1	967	967 SqFt
261 Madison Avenue, Akron, OH, 44320	$138,000	3	2	1,408	1,408 SqFt
325 Grace Avenue, Akron, OH, 44320	$99,000	4	1	1,308	1,308 SqFt
960 Whittier Avenue, Akron, OH, 44320	$125,000	3	1	1,248	1,248 SqFt

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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 are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.

ByOwner last updated this listing 06/15/2026 @ 14:43

MLS: 5218693 LISTED BY: Tim Finn Jr, RE/MAX Edge Realty 330-475-7777 SOURCE: MLS Now