870 Frederick Boulevard, Akron, OH 44320
Delia Park · Summit County
Key Facts
Description
****6/3/26: Tenant Occupied at $1150/mo thru 6/3/27. Tenant pays utilities. Strong investment opportunity in Akron with strong rental potential, multiple value-add options, and long-term upside. Located at 870 Frederick Blvd, this well-maintained property offers immediate appeal for both investors and owner-occupants seeking space, functionality, and future income growth. 2025 Section 8 rent determination of $1,431 per month, creating an attractive benchmark for cash-flow focused buyers. Inside, the finished attic serves as a huge primary bedroom, adding highly desirable usable living space. The basement is partially finished and can easily be completed into a large 4th bedroom, while an additional bonus room presents the opportunity for a potential 5th bedroom, office, or flex space depending on buyer needs. Major mechanicals have been well cared for, with a roof approximately 5 years old, heating and cooling systems around 10 years old, a newer electrical panel, and overall pride of ownership evident throughout. Minimal deferred maintenance combined with multiple ways to increase functionality and income make this a standout opportunity. Conveniently located near shopping, schools, parks, and major highway access, this property is ideal for investors looking for dependable cash flow with upside, or buyers wanting a spacious home with room to grow. Professional property management resources are available for out of state investors, including leasing coordination, marketing support, tenant communication, maintenance, and repair resources. For buyers looking to grow their Cleveland rental portfolio or acquire an income-producing asset with cash flow already in place, this property is positioned to offer a more streamlined ownership experience for out-of-state investors. Full financial analysis available upon request. Schedule your showing today.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Bungalow, Cape Cod, Colonial
Year Built
1950
Stories
2
Lot Size
0.12 acres
Garage Spaces
1
Days on Market
47
MLS® Listing#
5202240
Property Features
Cooling
Heating
Basement
Parking
Construction
Roof
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$2,110
Tax year 2025
Parcel Number
6809061
Directions
South of Peckham St and Frederick Blvd
Affordability Calculator
$19,980
Estimated monthly payment
$532/mo
Principal $79,920 · Est. interest $111,496 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Akron, OH
- 39
- Median Days on Market
- 1,440
- Median Sq Ft
- $111
- Median Price / Sq Ft
- 566
- Active Listings
Market statistics compiled from active EXIT Realty® and MLS listings in Akron, OH.
Location
Points of Interest in Akron, OH
Showing the Akron area map.
Nearby Schools
Erie Island Elementary School
Elementary · 0.2 mi away
Schumacher CLC
School · 0.6 mi away
Buchtel Community Learning Center
School · 0.7 mi away
Summit Academy
School · 0.8 mi away
Julie Billiart School
School · 0.8 mi away
St. Sebastian Parish School
School · 1.0 mi away
Akron Public Schools
School · 1.0 mi away
The Lippman School
School · 1.2 mi away
Emmanuel Christian Academy
School · 1.2 mi away
Crouse Community Learning Center
School · 1.3 mi away
Brightside Academy
School · 1.3 mi away
Stewart Primary Elementary
Elementary · 1.4 mi away
Our Lady of the Elms
School · 1.4 mi away
Emmanuel Christian Academy
School · 1.6 mi away
Portage Path Community Learning Center
School · 1.7 mi away
Akron Public Schools
Secondary · 1.8 mi away
Discovery Montessori School
Elementary · 2.0 mi away
Case Elementary School
Elementary · 2.0 mi away
Life Skills Center
School · 2.2 mi away
King Elementary School
Elementary · 2.2 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2042 13th Street SW, Akron, OH | $70,000 | 4 | 2 | — |
| 829 Yale Street, Akron, OH | $70,000 | 3 | 1 | — |
| 109 Orton Drive, Akron, OH | $70,000 | 2 | 1 | 1,052 |
| 146 Berkley Street, Akron, OH | $70,000 | 2 | 1 | 1,092 |
| 581 Allyn Street, Akron, OH | $70,000 | 4 | 1 | — |
| 268 N Adams Street, Akron, OH | $74,900 | 2 | 2 | 798 |
Moving Cost Estimate
EXIT Agents in Akron
Listing Courtesy: Home Equity Realty Group - Garrett Rowan; 803-992-1429; Garrett.Rowan@HEQRealty.com
Last Updated: 2026-04-17