559 E Exchange Street
Akron, OH 44306
$97,500
Beds:
5
Baths:
2
Sq. Ft.:
1,594
Type:
House
Listing #5235100
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 furnace, 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't want to miss!
Property Features
County:
Summit
Latitude:
41.071371
Longitude:
-81.503448
Subdivision:
Rubber Workers
Directions:
Located on the corner of E Exchange and Fountain.
Full Baths:
2
Dining Room Dimensions:
ND x ND
Living Room Dimensions:
ND x ND
Kitchen Dimensions:
ND x ND
Has Fireplace:
No
Number of Fireplaces:
0
Heating:
Forced Air, Gas
Cooling:
None
Appliances:
Dishwasher, Range, Refrigerator
Basement Description:
Full, Unfinished
Has Basement:
Yes
Style:
Colonial, Conventional
Stories:
3
Construction/Exterior:
Vinyl Siding
Possession:
Delivery Of Deed
Water / Sewer:
Public Sewer
Water:
Public
Parking Description:
No Garage, Unpaved
Has Garage:
No
Garage Spaces:
0
Lot Size in Acres:
0.06
Has Waterfront:
No
Roof/Attic:
Asphalt, Fiberglass
Property Type:
SFR
Property SubType:
Single Family Residence
Property SubType 2:
Residential
Year Built:
1906
Status:
Active
$ per month
Year Fixed. % Interest Rate.
| Principal + Interest: | $ |
| Monthly Tax: | $ |
| Monthly Insurance: | $ |
Listing courtesy of Keller Williams Chervenic Rlty 330-686-1644
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MLS Now (Yes MLS) data last updated at August 9, 2026, 8:24 PM ET
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