Chris Hoffman
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559 E Exchange Street, Akron, OH 44306

$119,900
  • 559 E Exchange Street, Akron, OH 44306 Main Photo
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New to the Market Active Price Reduced by $5,100 on July 25th, 2026
BEDS5 BATHS2 full SQUARE FEET1,344 MLS#5224949
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONRubber Workers SCHOOLAkron City

Property Description

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 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!

559 E Exchange Street | MLS# 5224949

This single family home located at 559 E Exchange Street, Akron, OH 44306 is currently listed for sale with an asking price of $119,900. This property was built in 1906 and has 5 bedrooms and 2 full baths with 1344 sq. ft. E Exchange Street is located in the Rubber Workers subdivision within the Akron City school district. Search Rubber Workers real estate on chrishoffman.ikeyrealty.com today.

Upcoming Open Houses

Open House Sunday July 26th, 2:30pm - 3:30pm

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Full, Unfinished
Cooling: Central Air
Heating: Forced Air, Gas
Home Style: Colonial
Lot Size: 0.06 Acres
Roof Type: Asphalt, Fiberglass
Stories: 3.0
Taxes: $1,817 / year
Year Built: 1906

Feature Descriptions

Days on Site: 3
Exterior: Vinyl Siding
Parcel#: 6736893
Parking: No Garage, Unpaved
Sewer: Public Sewer
Water: Public

Local Schools

School District: Akron City

Listed By / Shown By

Listed By

Agency Name: Keller Williams Chervenic Rlty
Agency Contact: jodi@mignanos.com, 330-338-9047

Shown By

Agent Name: Chris Hoffman
Agent Phone:
Agency Title: Key Realty

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Estimated Payment

$ 857.07 per month $670.69 Principal & Interest $151.42 Property Tax $34.97 Homeowner's Insurance

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