796 Sherman, Akron, OH 44311
- $20,000
- 3
- BD
- 1
- BA
- Sold Price
- $20,000
- List Price
- $32,000
- Status
- CLOSED
- Days on Market
- 119
- Closing Date
- Jul 09, 2026
- MLS#
- 5192854
- Subtype
- Residential
- Style
- Colonial
- Year Built
- 1893
- Bedrooms
- 3
- Bathrooms
- 1
- Full Baths
- 1
- Acres
- 0.28
- MLS Area Major
- Akron
Property Description
Incredible opportunity for investors looking to capitalize on one of Northeast Ohio's most affordable and fast-moving markets. 796 Sherman St, Akron is a vacant 3-bed, 1-bath, 1,230 sq ft single-family home priced at just $39,900, well below the city's median sale price of $146K, making the numbers work from day one. The property is fully vacant and in need of a complete rehabilitation, positioning it as a clean-slate flip or a perfect BRRRR candidate. No tenants to deal with, no inherited leases, just a blank canvas ready for your vision. With Akron's median price per square foot currently sitting at $116, a renovated 1,230 sq ft home in this market carries a strong ARV in the $130K-$145K range, leaving serious room for profit or long-term equity. Akron's investment fundamentals back this up. The market is rated 75 out of 100 for competitiveness, homes are selling in an average of 32 days, and home values are up over 10% year over year. Average rents in the city sit at $1,100/month, giving BRRRR investors a clear path to refinance and cash flow once renovations are complete. Bring your contractor, bring your numbers, and move fast. At this price point in this market, value like this does not sit long.
Additional Information
- Taxes
- $1,221
- Property Description
- Colonial
- Heating
- Forced Air, Gas
- Air Conditioning
- None
- Stories
- 2
- Levels
- Two
- Roof
- Asphalt, Fiberglass
- Foundation
- Block
- Parking Features
- Asphalt, Driveway
- School District
- Akron CSD - 7701
Listing Courtesy of: Tal Tamir, tal@premierclevelandinvesting.com With Russell Real Estate Services
Selling Office: Coldwell Banker Schmidt Realty.Mortgage Calculator
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