# 559 E Exchange Street, Akron, OH 44306

> **TL;DR:** 5bd/2ba single family, $115,000 ($86/sqft), built 1906, 1,344 sqft.
> A/C. Est. $616/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $115,000 |
| Price/sqft | $86 |
| Bedrooms | 5 |
| Bathrooms | 2 full |
| Square Feet | 1,344 |
| Year Built | 1906 |
| Lot Size | 2,609 sqft (0.06 acres) |
| Stories | 3 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $582 |
| Estimated Insurance | $34 |
| **Total** | **$616** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1906
- 0.06 acre lot
- 3 stories

## Description

### Agent Description
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!

## Location

- **Address:** 559 E Exchange Street, Akron, OH 44306
- **County:** Summit
- **Neighborhood:** Rubber Workers
- **Coordinates:** 41.071371, -81.503448
- **Google Maps:** https://www.google.com/maps?q=41.071371,-81.503448

## Listing Agent

- **Name:** Jodi L Mignano
- **Brokerage:** Keller Williams Chervenic Rlty
- **Phone:** 3303389047

## Primary Photo

![559 E Exchange Street - Primary Photo](http://lh.rdcpix.com/061c174886f455c2efed8cf1ebc79101l-f3767357631r.jpg)

*18 total photos available on [listing page](https://www.propertysimple.ai/listing/559-e-exchange-street-akron-oh-44306-5232579)*

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**MLS#:** 5232579 | **Updated:** 2026-08-01
**Source:** listhub

*Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/559-e-exchange-street-akron-oh-44306-5232579)

---

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