499 Brown StreetAkron, OH 44311

499 Brown StreetAkron, OH 44311

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$145,000 Active
Multi Unit - Multiple MLS 5191431
3 beds 2 full baths 1,454 sqft

Listed By

Agency Name: Keller Williams Living
Agency Contact: TeraSomogyi@gmail.com, 561-901-9331

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Excellent investment or owner-occupant opportunity at this updated Akron duplex, where major capital expenditures have already been addressed, including a brand-new roof installed in 2025. The first-floor unit features a spacious two-bedroom layout, while the upstairs unit provides a comfortable one-bedroom space, with each unit benefiting from its own full bathroom. The property features reliable mechanicals with a 2018 furnace and a 2017 water heater, alongside updated electrical panels and flooring. Both units offer modern conveniences, including a shared washer and dryer from 2021 and a mix of newer refrigerators and ranges. Recent interior improvements include a newer shower and vanity upstairs, while the downstairs unit has been refreshed for maximum appeal. The property is well-maintained with recent tree clearing and a clear roadmap for additional value-add improvements to the exterior and landscaping. For those looking to expand their footprint, this property is available for individual purchase or as part of a larger strategic portfolio along Brown Street. Purchasing this duplex alongside neighboring units at 505, 511, and 517 Brown Street offers a rare chance to acquire a concentrated block of real estate with high revenue potential in a single transaction. Whether you are a first-time landlord or a seasoned investor seeking to scale, this property provides the perfect blend of stability and future upside. Seller Financing available for the full portfolio of properties.

499 Brown Street | MLS# 5191431

This multi-family property located at 499 Brown Street, Akron, OH 44311 is currently listed for sale with an asking price of $145,000. Brown Street is located within the Akron City school district. Search Akron real estate on 7030hanbysloop.cutlerhomes.com today.

Upcoming Open Houses

Open House - Sunday May 17th, 12:00pm - 2:00pm

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: None
Days on Market: 39
Heating: Forced Air
Lot Size: 0.24 Acres
Roof Type: Asphalt, Fiberglass
Stories: 2.0
Taxes: $2,549 / year
Year Built: 1884

Feature Descriptions

Appliances: Range, Refrigerator
Exterior: Aluminum Siding
Parcel#: 6840645
Parking: Driveway
Sewer: Public Sewer
Water: Public

Local Schools

School District: Akron City

Demographics

Summit County Demographic Information for 499 Brown Street, Akron, OH 44311
Fips
Fips Code 39153
Population
2020 to 2025 Change down 0.4%
2010 Count 541,781
2020 Count 540,428
2025 Estimate (V2025) 538,376
2020 Estimate (V2025) 540,429
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.4%
18 to 64 54.2%
65 and Older 20.2%
Gender
Male 48.7%
Female 51.3%
Place of Birth
Foreign 6.0%
US 94.0%
Education
High School Graduate, Age 25+ 92.8%
Bachelor's Degree or Higher, Age 25+ 35.8%
Computer and Internet use
Households with a computer 95.4%
Households with a broadband Internet subscription 91.6%
Language
English is Second Language, Age 5+ 7.3%
English is First Language, Age 5+ 92.7%
Veterans
Veterans 25,976
Income
Per Capita Income $43,061
Median Household Income $71,622
People in Poverty 13.3%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 247,173
Households 231,267
Average Household Size 2.29
Owner-Occupied 67.5%
Multi-Family 22.4%
Owner-Occupied Median Value $208,700
Median selected monthly owner costs -with a mortgage $1,470
Median selected monthly owner costs -without a mortgage $599
Median gross rent $1,026
Building Permits
New Private Housing Issued 2024 1,082
Years at Residence
1 Year or More 88.9%
Less Than 1 Year 11.1%
Business and Employment
Private non-farm Establishments 13,309
Private non-farm Employment 249,827
Private non-farm Employment Growth down 0.8%
Nonemployer Establishments 43,820
Number of Firms 9,566
Business Production
Value of Shipments $9,410,730,000
Wholesale Trade $9,120,214,000
Retail Trade $8,582,177,000
Retail Sales Per Capita $15,606
Accommodation and Food Services $1,190,062,000
Land
Land Area 412.75 sq. miles
Population Per Square Mile 1,313

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 991.73 per month $737.02 Principal & Interest $212.42 Property Tax $42.29 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage