Key Highlights & Capital Expenditures Already Handled:
Major Mechanicals DONE ($13,000+ Value): Brand-new HVAC system, central AC, and dedicated hot water heater already fully installed. Zero high-cost mechanical updates needed.
Plumbing Infrastructure DONE ($3,850+ Value): Complete 35-foot PVC main sewer line replacement finished with external clean-out access (February 2025).
Value-Add Potential: Heavy mechanical and underground infrastructure are completely out of the way, leaving only straightforward cosmetic updates (kitchen, bath, flooring/paint) to unlock an estimated $130k–$140k After Repair Value (ARV).
Double Lot / Extra Parcel: Comes paired with an additional adjoining land parcel, offering extra yard space, room for expansion, or added future resale/development value.
Full Basement: Spanning the main footprint (~1,200+ sq. ft.) with clean storage and finished/utility utility potential.
For sale by owner
$88,000
614 Reed Ave, Akron, OH 44306
3beds
1,310sqft
SingleFamily
Built in 1952
5,327 Square Feet Lot
$-- Zestimate®
$67/sqft
$-- HOA
What's special
Central acDedicated hot water heaterClean storageExtra yard spaceBrand-new hvac system
What the owner loves about this home
Zero Major Mechanical Risk ($17k+ Already Done): Usually, buying a 1950s flip means walking into a minefield of old plumbing, dead furnaces, and failing water heaters. Here, the heavy lifting is 100% finished. The brand-new HVAC, central AC, water heater ($13k), and the brand-new 35-foot PVC sewer line ($3,850+) mean an investor's biggest financial nightmares are already off the table.
Pure Cosmetic Flip (No Structural Headaches): Because the backend infrastructure is brand new, a buyer doesn't have to deal with unexpected hidden costs behind the walls. They can walk right in, focus entirely on high-impact cosmetics (kitchen, baths, flooring, and paint), and turn it around fast.
The Extra Land Parcel: Finding a property in this pocket of Akron that comes with an extra adjoining land parcel is rare. It gives the end-buyer massive flexibility—whether they want to use it for an expanded yard, future outdoor living space, or added resale appeal that standard single-lot homes just can’t compete with.
Strong Profit Margins: With an ARV sitting comfortably at $130k–$140k for a 1,310 sq. ft. Cape Cod with a full basement, the numbers actually make sense for a flipper or buy-and-hold landlord to make solid money without overextending themselves.
- 10 days
- 447
- 23
Listed by:
Property Owner (216) 467-7170
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other, Gas
Cooling
- Central
Features
- Basement: Finished
Interior area
- Total interior livable area: 1,310 sqft
Property
Parking
- Parking features: Garage
Features
- Exterior features: Other
Lot
- Size: 5,327 Square Feet
Details
- Parcel number: 6742896
Construction
Type & style
- Home type: SingleFamily
Materials
- Metal
Condition
- New construction: No
- Year built: 1952
Community & HOA
Location
- Region: Akron
Financial & listing details
- Price per square foot: $67/sqft
- Tax assessed value: $99,520
- Annual tax amount: $2,421
- Date on market: 10/22/2026
Estimated market value
Not available
Estimated sales range
Not available
$1,180/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2026 | Listed for sale | $88,000-23.5%$67/sqft |
Source: Owner Report a problem | ||
| 9/20/2024 | Sold | $115,000-7.9%$88/sqft |
Source: MLS Now #5041881 Report a problem | ||
| 7/29/2024 | Pending sale | $124,900$95/sqft |
Source: MLS Now #5041881 Report a problem | ||
| 7/15/2024 | Listed for sale | $124,900$95/sqft |
Source: MLS Now #5041881 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,421 +2.4% | $34,840 |
| 2024 | $2,364 +13.4% | $34,840 |
| 2023 | $2,085 +32% | $34,840 +70% |
| 2022 | $1,580 -0.1% | $20,489 |
| 2021 | $1,581 | $20,489 |
| 2020 | -- | $20,489 +11% |
| 2019 | $1,549 +1.2% | $18,460 |
| 2018 | $1,531 +43.9% | $18,460 |
| 2017 | $1,064 | $18,460 -17% |
| 2016 | $1,064 | $22,240 |
| 2015 | $1,064 +0.8% | $22,240 |
| 2014 | $1,056 +0.7% | $22,240 -0.8% |
| 2013 | $1,048 +1.5% | $22,420 |
| 2012 | $1,033 +22.8% | $22,420 0% |
| 2011 | $841 -8.8% | $22,425 -8.4% |
| 2010 | $922 | $24,487 |
| 2009 | -- | $24,487 |
| 2008 | $992 -9.9% | $24,487 -10.4% |
| 2007 | $1,101 -30.1% | $27,325 |
| 2006 | $1,576 +18.7% | $27,325 |
| 2005 | $1,327 | $27,325 +10% |
| 2004 | -- | $24,844 |
| 2003 | $1,221 +0.5% | $24,844 +1.3% |
| 2002 | $1,214 +5.6% | $24,532 +17.1% |
| 2001 | $1,150 +16.5% | $20,948 |
| 2000 | $987 | $20,948 |
Find assessor info on the county website
Monthly payment
Est. payment





