Home for Sale at 838 Fess Avenue in Akron, OH for $45,000

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838 Fess Avenue | Akron

$45,000 | 3 Beds | 1 Baths (1 Full) | 0.0 Sq. Ft.

838 Fess Ave, Akron, OH 44307 is a classic 2-story Craftsman/Colonial single-family home offering 3 bedrooms, 1 bathroom, and 1,393 sq. ft. of living area on a 0.11-acre (4,950 sq. ft.) lot. Built in 1919, the home features strong structural bones, a traditional 7-room floor plan (including formal living and dining spaces), and existing central HVAC infrastructure.\r\n\r\n\r\n**Built-in Infrastructure:** Central heating (forced air, natural gas) and central air conditioning systems are already installed.\r\n**Layout:** Formal living room, formal dining room, 3 upper-level bedrooms, 1 full bath, and a full basement.\r\n**Exterior:** Off-street parking, wood siding, asphalt/fiberglass roof, and a low-maintenance lot.\r\n* **Terms:** Cash purchase, vacant, annual property taxes estimated around $1,200.\r\n\r\nRemodel \u0026 Value-Add Requirements\r\n\r\nThe property serves as a blank canvas requiring cosmetic and functional updates to maximize value and monthly cash flow:\r\n\r\n* **Kitchen \u0026 Bathroom:** Complete modern updates to fixtures, cabinetry, flooring, and appliances.\r\n* **Cosmetics:** Interior paint, drywall repairs, floor refinishing or new carpet/LVP installation, and light fixture updates throughout.\r\n* **Exterior Touch-ups:** Minor wood siding repairs, fresh exterior trim paint, and simple curb appeal landscaping\r\n\r\n### Rental Income \u0026 Investment Potential\r\n\r\n| **Estimated Market Rent (Akron 44307)** | $1,000 \u2013 $1,200/month |\r\n| **Annual Gross Income** | $12,000 \u2013 $14,400 |\r\n| **Annual Property Taxes** | ~$1,200/year |\r\n\r\n**Investment Strategy:**\r\n\r\n* **BRRRR Potential:** The low purchase price combined with existing mechanicals (central A/C and forced air furnace) reduces upfront capital expenditure, making it an ideal candidate to buy, rehab, rent, and refinance to extract sweat equity.\r\n* **Section 8 / Long-Term Tenant Demand:** 3-bedroom single-family rentals in Akron experience strong tenant demand, providing steady cash flow opportunities for long-term buy-and-hold investors. MLSNow 5257511

Directions to property: Superior Ave to Fess Ave

MLS Listing ID: 
MLSNow 5257511
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$45,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
Akron
Address: 
838 Fess Avenue, Akron, OH 44307
County: 
Summit
Latitude: 
41.0651550
Longitude: 
-81.5562960
Directions: 
Superior Ave to Fess Ave
Public Remarks: 
838 Fess Ave, Akron, OH 44307 is a classic 2-story Craftsman/Colonial single-family home offering 3 bedrooms, 1 bathroom, and 1,393 sq. ft. of living area on a 0.11-acre (4,950 sq. ft.) lot. Built in 1919, the home features strong structural bones, a traditional 7-room floor plan (including formal living and dining spaces), and existing central HVAC infrastructure.\r\n\r\n\r\n**Built-in Infrastructure:** Central heating (forced air, natural gas) and central air conditioning systems are already installed.\r\n**Layout:** Formal living room, formal dining room, 3 upper-level bedrooms, 1 full bath, and a full basement.\r\n**Exterior:** Off-street parking, wood siding, asphalt/fiberglass roof, and a low-maintenance lot.\r\n* **Terms:** Cash purchase, vacant, annual property taxes estimated around $1,200.\r\n\r\nRemodel \u0026 Value-Add Requirements\r\n\r\nThe property serves as a blank canvas requiring cosmetic and functional updates to maximize value and monthly cash flow:\r\n\r\n* **Kitchen \u0026 Bathroom:** Complete modern updates to fixtures, cabinetry, flooring, and appliances.\r\n* **Cosmetics:** Interior paint, drywall repairs, floor refinishing or new carpet/LVP installation, and light fixture updates throughout.\r\n* **Exterior Touch-ups:** Minor wood siding repairs, fresh exterior trim paint, and simple curb appeal landscaping\r\n\r\n### Rental Income \u0026 Investment Potential\r\n\r\n| **Estimated Market Rent (Akron 44307)** | $1,000 \u2013 $1,200/month |\r\n| **Annual Gross Income** | $12,000 \u2013 $14,400 |\r\n| **Annual Property Taxes** | ~$1,200/year |\r\n\r\n**Investment Strategy:**\r\n\r\n* **BRRRR Potential:** The low purchase price combined with existing mechanicals (central A/C and forced air furnace) reduces upfront capital expenditure, making it an ideal candidate to buy, rehab, rent, and refinance to extract sweat equity.\r\n* **Section 8 / Long-Term Tenant Demand:** 3-bedroom single-family rentals in Akron experience strong tenant demand, providing steady cash flow opportunities for long-term buy-and-hold investors.
Community Information
School District: 
Akron CSD - 7701
Subdivision: 
Lookout Heights
Building Details
Details about the building on a property.
Architectural Style: 
Traditional
Stories: 
2
Year Built: 
1919
Living Area: 
0.0
Basement: 
Full
Construction
Construction Materials: 
Wood Siding
Roof: 
Asphalt,Fiberglass
Room Details
Details about the rooms in the building.
Total Rooms: 
7
Total Bedrooms: 
3
Total Bathrooms: 
1
Total Full-Bathrooms: 
1
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Cooling System: 
None
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.11
Lot Size (Area): 
0.11
Lot Features
Parking Type: 
Off Street
Public Record
Parcel Number: 
6744150
Annual Tax: 
$1,200.00
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Red 1 Realty, LLC.

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