Home for Sale at 559 E Exchange Street in Akron, OH for $115,000

Listing data last changed 07/31/2026 - 3:09pm
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559 E Exchange Street | Akron

$115,000 | 5 Beds | 2 Baths (2 Full) | 1,344 Sq. Ft.

Whether you\u0027re 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 remodeled 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\u0027t want to miss! MLSNow 5232579

Directions to property: Located on the corner of E Exchange St \u0026 Fountain St.

MLS Listing ID: 
MLSNow 5232579
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$115,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Residential
Property Sub Type: 
Single Family Residence
Primary Market Area: 
Akron
Address: 
559 E Exchange Street, Akron, OH 44306
County: 
Summit
Latitude: 
41.0713710
Longitude: 
-81.5034480
Directions: 
Located on the corner of E Exchange St \u0026 Fountain St.
Public Remarks: 
Whether you\u0027re 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 remodeled 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\u0027t want to miss!
Community Information
School District: 
Akron CSD - 7701
Subdivision: 
Rubber Workers
Building Details
Details about the building on a property.
Architectural Style: 
Colonial
Stories: 
3
Year Built: 
1906
Living Area: 
1,344
Basement: 
Full,Unfinished
Construction
Construction Materials: 
Vinyl Siding
Roof: 
Asphalt,Fiberglass
Room Details
Details about the rooms in the building.
Total Rooms: 
10
Total Bedrooms: 
5
Total Bathrooms: 
2
Total Full-Bathrooms: 
2
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,Gas
Cooling System: 
Central Air
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.06
Lot Size (Area): 
0.06
Lot Features
Parking Type: 
No Garage,Unpaved
Public Record
Parcel Number: 
6736893
Annual Tax: 
$1,817.00
Contract Details
Details about the listing contract.
Possession: 
Delivery Of Deed
Disclosures: 
Owner Is Listing Agent,Principal is Real Estate Licensed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
Keller Williams Chervenic Rlty

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