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$192,500 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
  • Updated 6 days ago
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This renovated and updated home is located in a walkable neighborhood just a few steps from The University of Akron and surrounding downtown areas. The recent renovations include, roofing, a new kitchen, new bathrooms, 1st floor laundry and flooring throughout. The layout is perfect for short term rentals or college rentals because it offers tenant comfortable common spaces and secure bedroom suites with private bathrooms. This home doesn't fall in the typical box, you have a single family home with 4 bedrooms, each with their own bathroom, rented out monthly or longer. All suites are currently occupied with first floor suites renting $625/month and two, larger second floor suites renting for $725/month. Whether you are looking for student housing, individual rental rooms or something else, this property is printing over $2600 every month.

Full Property Details for 481 Sherman St

General

  • Price: $192,500
  • Taxes: $2,808 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: 505
  • MLS ID: 5196832
  • Updated: 4/6/2026
  • Added to Site: 6 day(s) ago

Interior

  • Number of Rooms: 7

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Parking

  • Parking Features: Driveway, Gravel, No Garage, Off Street, On Street

Location

  • County: Summit
  • Township: Akron
  • Subdivision: Rentschler
  • Driving Directions: On Sherman between Wheeler and Power

School Information

  • Elem School District: Akron CSD - 7701
  • Midd School District: Akron CSD - 7701
  • High School District: Akron CSD - 7701

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • # Buildings: 1
  • Construction: Frame, Wood Siding
  • Basement: Yes
  • Basement Desc.: Common Basement
  • Roof: Asphalt, Fiberglass
  • Stories/Levels: 2
  • Year Built: 1894
  • Year Built Source: Public Records

Lot Features

  • Lot Size (Acres): 0.1225
  • Lot Size: .1225
  • Lot Size Source: Public Records

Financial Considerations

  • Tax Amount: $2,808
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: RENTSCHLER LOT 34 W 96.9FT
  • Disclosures/Rstr.: Principal is Real Estate Licensed
  • Property ID: 6827639

Listed by Cutler Real Estate, Steve Burgess and Cutler Real Estate, Michael Milec

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Listing agents

— 481 Sherman St —

  • Steve Burgess

    Cutler Real Estate

  • Michael Milec

    Cutler Real Estate

sburgess@cutlercigroup.com, 330-327-3393

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 481 Sherman St

School District:Akron Public Schools
NameGradesDistance
Leggett Community Learning Center
333 East Thornton Street, Akron, OH 44311
K-50.2 mi
North High School, Akron, OH
985 Gorge Boulevard, Akron, OH 44310
9-122.6 mi
Jennings Community Learning Center
227 East Tallmadge Avenue, Akron, OH 44310
6-82.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 481 Sherman St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/06/2026
Listed
$192,500
109.24%
MLS
3/22/2024
Sold
$92,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 481 Sherman St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,789
—
$32,053
—
2023
$1,789
12%
$32,050
54%
2021
$1,593
5%
$20,760
-2%
2022
$1,523
14%
$21,230
2%
2020
$1,337
—
$20,760
33%
2019
$1,337
9%
$15,624
—
2018
$1,222
—
$15,624
—
2017
$1,221
4%
$15,624
14%
2016
$1,175
—
$13,657
—
2015
$1,174
1%
$13,657
—
2014
$1,166
-6%
$13,657
-10%
2013
$1,246
—
$15,092
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Cutler Real Estate, Steve Burgess and Cutler Real Estate, Michael Milec

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481 Sherman Street, Akron, OH 44311 (MLS# 5196832) is a Multi-Family property with units containing 4 bedrooms and 4 full bathrooms. 481 Sherman Street is currently listed for $192,500 and was received on April 06, 2026. Want to learn more about 481 Sherman Street? Do you have questions about finding other Multi-Family real estate for sale in Akron? You can browse all Akron real estate or contact a Coldwell Banker agent to request more information.

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