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About This Home

This 4-bedroom, 1-bathroom single family at 505 Brown Street in Akron, OH is listed for $118,000 ($95 per sqft). Built in 1894, the home offers 1,240 sqft of living space on a 0.24 acres lot.

Agent Description

This single-family home at 505 Brown St, Akron presents a fantastic opportunity for both homeowners and investors, featuring an impressive list of recent capital improvements and mechanical upgrades. The property boasts a brand-new roof (2025), a new furnace installed in 2024, and a 2023 water heater, ensuring efficiency and peace of mind for years to come.

Significant infrastructure work has also been completed, including a new main sewer line to the street in 2024 and professional tree removal in 2025. The interior has been well-maintained with flooring and cabinets updated around 2020, a bathroom renovation in 2017, and a suite of newer appliances, including a 2026 range, 2025 washer, and 2022 dryer.

The property includes a clear value-add improvement plan, offering the chance to build immediate equity through interior paint touch-ups, new LVP flooring, and refreshed exterior decking. This home is currently part of a strategic real estate portfolio on Brown Street and can be purchased individually or as a package deal.

Combining this property with neighboring listings at 499, 511, and 517 Brown St allows an investor to instantly scale their presence in the Akron market with a concentrated group of high-potential assets. Whether you are looking for a move-in-ready residence with solid mechanicals or a high-yield addition to your rental portfolio, this property is a standout choice.

Key Features

  • Built in 1894
  • 0.24 acre lot
  • 2 stories

Property Details

2 stories
1 full
1894

Monthly Cost Estimate

$631/mo

20% down · 6.5% · 30 years

Principal$85
Interest$511
Insurance$34

Estimates only. Actual payments may vary.

Location

505 Brown Street

Akron, OH 44311

Voris & Steinbacher Add

Property Details

Construction

AluminumSiding

Parking

Driveway

Heating

Forced Air

Appliances

DryerRangeRefrigeratorWasher

Questions & Answers

This 4-bedroom, 1-bathroom single family at 505 Brown Street is listed at $118,000 ($95/sqft). The estimated monthly payment is $511 based on 20% down at 6.5% interest.

Key features include: Built in 1894, 0.24 acre lot, 2 stories.

This property is listed by Tera Somogyi and can be reached at 5619019331 or TeraSomogyi@gmail.com.

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TS

Tera Somogyi

Agent at Keller Williams Living

(561) 901-9331

Listed by Keller Williams Living

MLS# 5191442· Source: listhub· Updated 2 days ago

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505 Brown Street, Akron, OH 44311

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