SingleFamilyResidence at 525 Reed Avenue, Akron
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$129,000

525 Reed Avenue
Akron, OH 44301
Listed by Bryan Tomasek · RE/MAX Edge Realty
Bedrooms
4
Bathrooms
2
Living area
1,734 sqft
Year built
1928

About this home

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!

Highlights

Fireplace

Property details

MLS
NOWDD
MLS #
5255815
Property type
SingleFamilyResidence
Subdivision
Firestone Park
Status
Active
Days on market
1
On market date
October 23, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
2
Parking spaces
N/A
Lot size
0.1734 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Firestone Park Elementary School
0.41 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
305
Student:teacher ratio
16.1:1
District
Akron City
Middle
National Inventors Hall of Fame School Center for STEM
2.51 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
381
Student:teacher ratio
14.1:1
District
Akron City
HighCharter
Akron Career Tech High School
1.07 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
28
Student:teacher ratio
5.6:1
District
Akron Career Tech High School

Walkability

Blended score for Akron's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

33
Car-dependent
out of 100
EPA National Walkability Index
6.7 / 20 -- Below average walkable

Market position

How this listing compares to current activity in Akron, from live MLS data.

On the market 1 days -- 49 fewer days than Akron's current average of 50 days.
For reference, the median list price across 1,182 active listings in Akron right now is $130,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$927/mo
$25,800 down
$103,200 loan
Principal & interest$669
Property tax (est.)$108
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated 13 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.