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559 E Exchange Street

Akron, OH 44306
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Bed 5

Bed

Bath 2

Bath

SqFt1,344

Sqft

Acres0.06

Acre(Lot)

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 HVAC, some newer windows and doors, 2 rem odeled 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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Detail Ic Property Details

Property Type : Residential

Price : $125,000

AD Id : 88352036

MLS Id : 5224949

Beds : 5

Lot Size : 0.06 Acre

Living Area Size : 1,344

Year Built : 1906

County : Summit

Subdivision: Raintree Manor Homes Condo

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Rooms Total: 10 Has Basement: Yes Basement: Full, Unfinished
  • Roofing Information

    Asphalt, Fiberglass
  • Interior Features

    Roof: Asphalt, Fiberglass
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1906 Construction Materials: Vinyl Siding Stories: 3 Private Pool: No

  • Lot Information

    Main Square Feet: 0.0599 Acres Lot Size Acres: 0.0599 Lot Size Source: Assessor

    Property Information

    Subdivision: Rubber Workers Source Property Type: Residential Property SubType: Single Family Residence Levels: Three Or More Property Age: 120

  • Listing Price Information

    Listing Price: $125000

  • Tax Information

    Parcel Number: 6736893 Tax Year: 2025 Annual Tax: $1817 Tax Legal Desc: SV-RUBBER WORKERS LOT 6 SW PT LESS PT FOR ST

  • Parking Information

    No Garage, Unpaved

  • Location Information

    Direction: Located on the corner of E Exchange St & Fountain St. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
488 Massillon Road, Akron, OH, 44306 $180,000 3 2 --
1701 Woods Road, Akron, OH, 44306 $300,000 4 2 2,632 2,632 SqFt
1664 Woods Road, Akron, OH, 44306 $135,000 3 2 1,253 1,253 SqFt
1899 Edwards Drive, Akron, OH, 44306 $170,000 3 1 1,541 1,541 SqFt
1635 Triplett Boulevard, Akron, OH, 44306 $93,900 3 2 1,585 1,585 SqFt
640 Seiberling Street, Akron, OH, 44306 $142,500 3 2 --
1495 Wildon Avenue, Akron, OH, 44306 $125,000 3 2 --
1371 Krumroy Road, Akron, OH, 44306 $214,900 3 1 1,110 1,110 SqFt
1087 Krumroy Road, Akron, OH, 44306 $299,000 5 2 1,500 1,500 SqFt
844 Ardella Avenue, Akron, OH, 44306 $99,000 3 1 931 931 SqFt

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 07/25/2026 @ 11:47

MLS: 5224949 LISTED BY: Jodi Mignano, Keller Williams Chervenic Rlty 330-686-1644 SOURCE: MLS Now

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