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$109,900 Just Listed
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Property Description
Welcome to 531 Fernwood Ave - a well-maintained 3-bedroom, 1-bath home offering 1,288 square feet and a history of long-term occupancy with a tenant. Whether you're looking for your next investment property or a place to call home, this property offers flexibility, stability, and plenty of potential. One of the biggest highlights of this home is the tenant history. The current tenant has proudly called this property home for the past 26 years and would love to stay, creating an excellent opportunity for an investor looking for immediate and reliable rental income with proven long-term stability. Inside, you'll find a functional layout with comfortable living space, classic charm, and room to make it your own over time. The home has been well cared for throughout the years, and that pride of ownership shows. For an owner-occupant, this property offers affordability, character, and the opportunity to add your own personal touch. For investors, it's hard to find a tenant history like this with such strong long-term occupancy. Whether you're expanding your portfolio or searching for your next home, 531 Fernwood Ave presents a unique opportunity you won't want to miss.
Full Property Details
Full Property Details for 531 Fernwood Dr
General
- Price: $109,900
- Taxes: $880 (2025)
- Status: Active
- Type: Single Family
- Source: 505
- MLS ID: 5218693
- Updated: 6/13/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 6
- Fireplace: Yes
- Number of Fireplaces: 1
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Bathroom
Exterior
- Porch/Patio/Deck: Front Porch
Parking
- Parking Features: Driveway
Location
- County: Summit
- Township: Akron
- Subdivision: Perkins & Brockway Allotment
- Driving Directions: I-77 to right Copley Rd right to Fernwood
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
- Architectural Style: Colonial
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Square Feet: 1,288
- Living Area: 1,288 Sq. Ft.
- Finished Above Grnd: 1,288 Sq. Ft.
- Year Built: 1920
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.1553
- Lot Size: .1553
- Lot Size Source: Public Records
- Lot Dimensions: 55 x 123
Financial Considerations
- Tax Amount: $880
- Tax Year: 2025
- Terms: Cash, Conventional, 1031 Exchange, FHA
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: PERK BROCKWAY LOT 13ALL
- Property ID: 6734084
Listed by RE/MAX Edge Realty, Tim Finn Jr
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Schools
Schools serving 531 Fernwood Dr
School District:Akron Public Schools
| Name | Grades | Distance |
|---|---|---|
Crouse Community Learning Center 1000 Diagonal Road, Akron, OH 44320 | PK-5 | 0.6 mi |
Buchtel High School 1040 Copley Road, Akron, OH 44320 | 6-12 | 0.8 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 531 Fernwood Dr
Date
Details
Price
Change
Source
6/13/2026
Listed
$109,900
—
MLS
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
Tax History for 531 Fernwood Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,500
95%
$12,828
—
2023
$768
3%
$12,828
—
2023
$749
—
$12,828
—
2023
$749
9%
$12,820
40%
2021
$690
—
$9,160
—
2022
$689
-30%
$9,160
—
2020
$978
—
$9,160
-27%
2019
$978
-1%
$12,531
—
2018
$990
—
$12,531
—
2017
$989
-3%
$12,531
-2%
2016
$1,021
—
$12,741
—
2015
$1,020
1%
$12,741
—
2014
$1,013
-3%
$12,740
-6%
2013
$1,048
—
$13,525
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 531 Fernwood Dr
531 Fernwood Drive, Akron, OH 44320 (MLS# 5218693) is a Single Family property with 3 bedrooms and 1 full bathroom. 531 Fernwood Drive is currently listed for $109,900 and was received on June 13, 2026. Want to learn more about 531 Fernwood Drive? Do you have questions about finding other Single Family real estate for sale in Akron? You can browse all Akron real estate or contact a Coldwell Banker agent to request more information.

