796 Sherman | Akron
Incredible opportunity for investors looking to capitalize on one of Northeast Ohio\u0027s 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\u0027s median sale price of $146K, making the numbers work from day one.\r\n\r\nThe 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\u0027s 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.\r\n\r\nAkron\u0027s 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.\r\n\r\nBring your contractor, bring your numbers, and move fast. At this price point in this market, value like this does not sit long. MLSNow 5192854 Directions to property: This is a residential single-family home in the Lockert subdivision of South Akron. Corner of Sherman St and Nicholas Ct

