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$99,900 -$15,100 (-13.13%) Price Reduced

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 2 Full Baths
  • 1,344 Sq. Ft.
  • 0.0599 Acres
  • Updated 3 days ago
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Whether you're looking to expand your investment portfolio or searching for an affordable place to call home, this spacious 5-bedroom, 2-full-bath Colonial offers exceptional value just a few blocks from The University of Akron. Its prime location makes it an attractive option for student housing, with a proven rental history. A previous owner successfully rented the home by the bedroom at approximately $400 per room per month, with tenants sharing the kitchen, bathrooms, living room, and basement. The property was leased as a single-family residence for $1,300 per month. With five generously sized bedrooms, flexible living space, and strong income-producing potential, this property offers multiple investment strategies. Many updates to include new HVAC, some newer windows and doors, 2 remodeled bathrooms and newer kitchen. All stainless steel kitchen appliances stay too! Continue using it as a student rental, lease it as a traditional single-family home, or make it your own owner-occupied residence. Conveniently located near campus, downtown Akron, restaurants, shopping, and major highways, this is an opportunity you won't want to miss!

Full Property Details for 559 E Exchange St

General

  • Price: $99,900
  • Taxes: $1,817 (2025)
  • Status: Active
  • Type: Single Family
  • Source: 505
  • MLS ID: 5232579
  • Updated: 8/6/2026
  • Added to Site: 9 day(s) ago

Interior

  • Number of Rooms: 10

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Baths: 1

Bedrooms

  • Total Bedrooms: 5
  • Bedrooms Main: 2

Parking

  • Parking Features: No Garage, Unpaved

Location

  • County: Summit
  • Township: Akron
  • Subdivision: Rubber Workers
  • Driving Directions: Located on the corner of E Exchange St & Fountain St.

School Information

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

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Colonial
  • Construction: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Roof: Asphalt, Fiberglass
  • Stories/Levels: 3
  • Square Feet: 1,344
  • Living Area: 1,344 Sq. Ft.
  • Finished Above Grnd: 1,344 Sq. Ft.
  • Year Built: 1906
  • Year Built Source: Public Records

Lot Features

  • Lot Size (Acres): 0.0599
  • Lot Size: .0599
  • Lot Size Source: Assessor

Financial Considerations

  • Tax Amount: $1,817
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: SV-RUBBER WORKERS LOT 6 SW PT LESS PT FOR ST
  • Disclosures/Rstr.: Owner Is Listing Agent, Principal is Real Estate Licensed
  • Property ID: 6736893

Listed by Keller Williams Chervenic Rlty, Jodi L Mignano and Keller Williams Chervenic Rlty, Thomas C Mignano II

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Listing agents

— 559 E Exchange St —

  • Jodi L Mignano

    Keller Williams Chervenic Rlty

  • Thomas C Mignano II

    Keller Williams Chervenic Rlty

jodi@mignanos.com, 330-338-9047

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 559 E Exchange St

School District:Akron Public Schools
NameGradesDistance
Mason Community Learning Center
700 East Exchange Street, Akron, OH 44306
PK-60.3 mi
East Community Learning Center
80 Brittain Road, Akron, OH 44305
7-121.9 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 559 E Exchange St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/06/2026
Price Reduced
$99,900
-13.13%
MLS
7/31/2026
Listed
$115,000
167.44%
MLS
6/16/2023
Sold
$43,000
—
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 559 E Exchange St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,508
86%
$17,455
15%
2023
$1,346
—
$15,201
-10%
2023
$1,346
-9%
$16,940
11%
2021
$1,481
-5%
$15,310
—
2022
$1,558
33%
$15,310
8%
2020
$1,172
—
$14,170
33%
2019
$1,172
1%
$10,668
—
2018
$1,161
—
$10,668
—
2017
$1,161
-2%
$10,668
-2%
2016
$1,187
-29%
$10,833
—
2015
$1,664
46%
$10,833
—
2014
$1,138
-24%
$10,833
-20%
2013
$1,507
—
$13,521
—
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 Keller Williams Chervenic Rlty, Jodi L Mignano and Keller Williams Chervenic Rlty, Thomas C Mignano II

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559 E Exchange Street, Akron, OH 44306 (MLS# 5232579) is a Single Family property with 5 bedrooms and 2 full bathrooms. 559 E Exchange Street is currently listed for $99,900 and was received on July 31, 2026. Want to learn more about 559 E Exchange Street? 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.

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