Price Reduction - Fixer Upper

Address

525 Reed Avenue, Akron, OH

Listing Type

Contingent

Price

$ 119,900

Property Attributes

MLS#5255815
TypeSingle Family
Listing Status Contingent
CountySummit
CityAkron
NeighborhoodFirestone Park
Zip44301
Style
Year Built1928
Taxes$ 2003
Price$ 119,900
Bedrooms4
Full Bathrooms2
Half Bathrooms0
Sqr Footage1472
Lot Size0.1734 Acres

Data Source:

MLSNow

Property Description

Homeowners looking to create your own vision? or excellent Investor Opportunity in Firestone Park! Spacious 4-bedroom, 2-bath home offering 1,472 sq. ft. plus an additional 262 finished sq. ft. in the basement. This property presents an excellent opportunity to add value without taking on a major structural renovation. Most of the work needed consists of cosmetic updates, along with minor repairs such as finishing some drywall, updating bathroom fixtures, and potentially completing a partial kitchen remodel to maximize the home's appeal. The home currently features laminate flooring throughout much of the living space, which can be removed quickly and cost-effectively, allowing buyers to move efficiently into their preferred flooring installation with minimal demolition, labor, and disposal costs. Several major improvements have already been completed, including a furnace installed in 2021, central air conditioning less than 5 years old, and a roof estimated to be less than 10 years old, helping reduce upfront renovation expenses. Situated on a large corner lot in desirable Firestone Park, the location offers convenient access to I-77, shopping, dining, and everyday conveniences. Nearby amenities include Garfield Community Learning Center, Voris Community Learning Center, Firestone Park Library, grocery stores, and shopping plazas with restaurants, making this an attractive location for future homeowners and tenants alike. Adding to its investment appeal, the home was previously utilized as a multi-family property and features two separate entrances, creating potential opportunities for future income-producing use, multi-generational living, or a possible duplex conversion (buyer to verify zoning and permitted uses). Ideal for investors, flippers, landlords, or owner-occupants looking to build equity and add value. Bring your vision and unlock the potential this property has to offer!

Price History
10/24/2026	Listed $129,000
11/3/2026	7$119,900

General Features

Sewer	Public Sewer
Heating	Gas
Cooling	Central Air
Possession	Delivery Of Deed
Roof	Asphalt
Garage Spaces	2
Patio/Porch Features	Deck
Architectural Style	Cape Cod
Construction Materials	Aluminum Siding
Year Built	1928
Township	Akron
Levels	One and One Half
Property Subtype	Single Family Residence
Tax Year	2025
County	Summit
Property Type	Residential
HOA	false
Attached Garage	false
Contingency	Inspections
Subdivision Name	Firestone Park
Garage Y/N	true
Total Rooms	7
Full Baths	2
Status	Contingent
Directions	From I-77, take the E. Wilbeth Road exit. Head west on east Wilbeth Road to Brown St. Turn Right onto Brown Street, then right onto Reed Avenue. Continue to 525 Reed Ave.
ModificationTimestamp	2026-11-06T02:26:46.393-00:00
City	Akron
Disclosures	Homestead Exemption
High School District	Akron CSD - 7701
Lot Size Units	Acres
Carport Y/N	false
Land Lease Y/N	false
Tax Annual Amount	2003
Home Warranty Y/N	false
Property Condition	Fixer
Living Area Units	Square Feet
Standard Status	Active Under Contract
Occupancy Type	Vacant
Middle/Junior School District	Akron CSD - 7701
Elementary School District	Akron CSD - 7701
Year Built Source	Assessor
Property Sub Type Additional	Single Family Residence
PostalCity	AKRON
Legal Description	FIRESTONE PK LOT 782

Interior Features

Interior Amenities	Jetted Tub
Basement	Partially Finished,Walk-Up Access
Total Fireplaces	1
Basement (Y/N)	true
Air Conditioning Y/N	true
Heating Y/N	true
Fireplace Y/N	true
Above Grade Finished Area	1472
Laundry Features	In Basement
Total Bedrooms	4
Below Grade Finished Area	262
Main Level Bedrooms	3
Main Level Bathrooms	1
Below Grade Finished Area Source	Owner
Above Grade Finished Area Source	Assessor
Total Baths	2

Exterior Features

Parking Features	Detached,Garage
Lot Features	Corner Lot
Water Source	Public
Lot Size Area	0.1734
Lot Size Acres	0.1734
Lot Size Source	Assessor
Waterfront Y/N	false