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317 Black St, Akron, OH, 44306

4beds
1baths
1,248sqft
$100,000
$80price/sqft
$929/moest. monthly cost
$37,160/yrincome needed

About This Home

Income-Producing Investment Property with Established Tenant – Turnkey Opportunity in Akron! Attention investors and savvy buyers! This income-producing rental property offers immediate cash flow with a tenant already in place for approximately 18 months. Whether you're looking to expand your investment portfolio or purchase your first rental property, this move-in-ready home offers strong income potential and a convenient Akron location. The home features 3 bedrooms, 1 full bath, and additional living space in the attic, providing flexibility for a home office, bonus room, recreation area, or storage. Recent improvements include luxury vinyl tile (LVT) flooring, new carpet, new windows, and new glass block basement windows, creating an updated interior with modern appeal. Located near downtown Akron, the University of Akron, shopping, restaurants, public transportation, and major employers, this property offers excellent accessibility and strong tenant appeal. Quick access to Route 8 makes commuting easy, while three major hospitals and nearby schools add to the convenience. The local school is within walking distance. This property is ideal for investors seeking a turnkey rental with immediate income, as well as buyers looking for a spacious home in a central location. The combination of established tenancy, recent updates, and proximity to Akron's amenities makes this a standout opportunity. Don't miss your chance to own an income-producing property in a desirable Akron location. Schedule your private showing today!

Getting Around

67
WalkingSomewhat Walkable
40
TransitSome Transit
52
BikeBikeable

Schools

3/10
3/10

Construction

Condition

  • Year built: 1919

Materials

  • Roof: Asphalt
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bathroom

  • Level: Second
  • Dimensions: 9 x 7

Bedroom

  • Level: Second
  • Dimensions: 9 x 10

Bedroom

  • Level: Second
  • Dimensions: 10 x 13

Bedroom

  • Level: Second
  • Dimensions: 10 x 12

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: First
  • Dimensions: 8 x 13

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,248

Heating & Cooling

  • Heating features: Gas
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total structure area: 1,248
  • Total interior livable area: 1,248 sqft

Kitchen

  • Level: First
  • Dimensions: 11 x 13

Living Room

  • Level: First
  • Dimensions: 20 x 11

Other

  • Level: Third
  • Dimensions: ND x ND

Property

Details

  • Parcel number: 6818853

Features

  • Levels: Two,Three Or More
  • Stories: 3

Lot

  • Lot size: 3,493 sqft

Parking

  • Parking features: Gravel

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Winter Weather

FEMA Declared Disasters Across Ohio Counties

Flood
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $505$6,060
Home Insurance *$107$1,284
Property Taxes $124$1,488
Electricity $193$2,320
Total$929$11,148
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$31,851/yr
40% on housing$27,870/yr
45% on housing$24,773/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.8%
10.8%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$80This listing

vs Other Active Listings

Avg $/sqft

ZIP 44306$63
Summit County$115

vs Homes Sold Last Month

Median $/sqft

ZIP 44306$100
Summit County$151

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-30Price change$100,000
2026-06-17Listed for sale$105,000
2025-05-09Listing removed$105,900
2025-02-28Price change$105,900
2025-02-01Price change$119,900
2025-01-16Price change$125,000
2025-01-11Listed for sale$132,900
2024-05-01Sold$100,001
2024-03-25Pending sale$99,500
2024-03-16Listed for sale$99,500
2024-03-08Listing removed--
2024-02-15Price change$99,000
2024-02-07Price change$105,000
2024-01-12Listed for sale$119,900
2023-12-31Listing removed--
2023-12-18Listed for sale$119,900
2023-12-15Listing removed--
2023-11-30Listed for rent$1,300
2023-11-28Listing removed--
2023-11-09Price change$109,900
2023-10-30Price change$114,900
2023-10-15Price change$119,900
2023-10-04Price change$124,900
2023-09-28Price change$129,000
2023-09-21Price change$134,000
2023-08-16Sold$48,500
2020-02-05Sold$37,900
2018-03-16Sold$15,500
2008-09-17Sold$50,000
1997-12-19Sold$40,000

For Sale by Agent

AgentValerie A Fiala
BrokerageEXP Realty, LLC.

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