894 W Exchange Street Akron, OH 44302

Closed 115000

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4 beds 1 full baths 1,850 sqft

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Listed By

Agency Name: Century 21 Carolyn Riley RL. Est. Srvcs, Inc.
Agency Phone: 330-867-4266

Shown By

Agent Name: Cathy Fleischmann
Agent Phone: (614) 519-4081
Agency Title: Cutler Real Estate

Contact Cathy Fleischmann About This Property

Property Description

Turnkey cash-flowing investment opportunity in the heart of Highland Square. This renovated 3â??4 bedroom Colonial is tenant occupied and ready for its next investor or owner-occupant looking for future upside. The home features a large covered front porch, spacious living room with fireplace, formal dining room with original built-ins and decorative ceiling beams, plus an updated kitchen with white cabinetry and tile backsplash. Durable LVP flooring runs throughout the main level, while the second floor offers three bedrooms, new carpeting, and an oversized updated full bath with custom tile work and convenient second-floor laundry area. Finished third floor provides flexible bonus space ideal for a 4th bedroom, office, playroom, or additional storage. Major improvements include newer vinyl windows, roof (2021), and siding (2023).Conveniently located near shopping, dining, parks, and all that Highland Square has to offer. Strong rental appeal with functional layout, updated finishes, and low-maintenance improvements already completed. Excellent opportunity to add a stabilized asset to your portfolio.

Property Features

Property Type: Residential - Single Family

Basement: Yes

Basement: Unfinished

Cooling: Ceiling Fan(s)

Days on Market: 73

Fireplaces: 1

Heating: Forced Air, Gas

Home Style: Traditional

Lot Size: 0.12 Acres

Roof Type: Shingle

Stories: 3.0

Taxes: $2,106 / year

Year Built: 1915

Feature Descriptions

Exterior: Vinyl Siding

Parcel#: 6715075

Parking: Driveway

Parking Notes: Driveway

Sewer: Public Sewer

Water: Public

Local Schools

School District: Akron City

Market Trends

Akron Residential Market Trend Graphs

Zip Code 44302

Source: Delta Media Group, Inc.

Demographics

Summit County Demographic Information for

Fips

Fips Code 39153

Population

2020 to 2025 Change down 0.4%

2010 Count 541,781

2020 Count 540,428

2025 Estimate (V2025) 538,376

2020 Estimate (V2025) 540,429

Age Distribution (Years Old)

0 to 4 5.2%

5 to 17 20.4%

18 to 64 54.2%

65 and Older 20.2%

Gender

Male 48.7%

Female 51.3%

Place of Birth

Foreign 6.0%

US 94.0%

Education

High School Graduate, Age 25+ 92.8%

Bachelor's Degree or Higher, Age 25+ 35.8%

Computer and Internet use

Households with a computer 95.4%

Households with a broadband Internet subscription 91.6%

Language

English is Second Language, Age 5+ 7.3%

English is First Language, Age 5+ 92.7%

Veterans

Veterans 25,976

Income

Per Capita Income $43,061

Median Household Income $71,622

People in Poverty 13.3%

Commute

Average Work Commute Time 24 minutes

Housing

Total Housing Units 247,173

Households 231,267

Average Household Size 2.29

Owner-Occupied 67.5%

Multi-Family 22.4%

Owner-Occupied Median Value $208,700

Median selected monthly owner costs -with a mortgage $1,470

Median selected monthly owner costs -without a mortgage $599

Median gross rent $1,026

Building Permits

New Private Housing Issued 2024 1,082

Years at Residence

1 Year or More 88.9%

Less Than 1 Year 11.1%

Business and Employment

Private non-farm Establishments 13,309

Private non-farm Employment 249,827

Private non-farm Employment Growth down 0.8%

Nonemployer Establishments 43,820

Number of Firms 9,566

Business Production

Value of Shipments $9,410,730,000

Wholesale Trade $9,120,214,000

Retail Trade $8,582,177,000

Retail Sales Per Capita $15,606

Accommodation and Food Services $1,190,062,000

Land

Land Area 412.75 sq. miles

Population Per Square Mile 1,313

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 825.20 per month $614.70 Principal & Interest $175.50 Property Tax $35.00 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/27/2026. The listing information on this page last changed on 08/27/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 08/27/2026 1:12:59 AM EST) or Dayton MLS (last updated Wed 08/26/2026 11:46:52 PM EST) or CBRMLS (last updated Thu 08/27/2026 12:44:57 AM EST) or Multiple Listing Service of Greater Cincinnati (last updated Wed 08/26/2026 11:53:33 PM EST) or NKY MLS (last updated Wed 08/26/2026 11:28:30 PM EST) or Wrist MLS (last updated Wed 08/26/2026 11:24:20 PM EST) or Firelands MLS (last updated Wed 08/26/2026 11:11:35 PM EST) or MLS NOW (last updated Thu 08/27/2026 12:17:39 AM EST). Real estate listings held by brokerage firms other than Cutler Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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