c.1917 Three Bedroom Ohio Home For Sale $105,900

Welcome to 280 Lake St. Conveniently located to downtown, bus lines, and shopping this is perfectly located for many. Inside there are 3 bedrooms, 1.5 bathrooms, and a great bonus room. Property can be purchased alone, or as a portfolio with 5 other properties across Akron, Canton, and Cleveland. Whether you’re looking to live in the home, or turn this into your next rental, this home is perfect.

• 3bed
• 1.5bath
• 1,267sqft
• 5,184sqft lot
• Circa 1917

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The Pros

• Rock-Bottom Living Costs & Housing: Akron is incredibly affordable, with a cost of living that tracks roughly 15% below the national average. Housing expenses alone are nearly 40% lower than the U.S. baseline. It is one of the most accessible markets in the country for young families looking to buy a first home or remote workers looking to slash their overhead.

   

• The Cuyahoga Valley National Park: Akron is the ultimate gateway to Ohio’s only National Park. The park sits right on the city’s northern border, providing residents with instant, free access to miles of hiking and biking on the historic Ohio & Erie Canal Towpath Trail, scenic train rides, and waterfalls.

• Rich Cultural & Historic Visuals: The city punches above its weight with things to do. It features the Akron Art Museum, the vibrant Lock 3 downtown entertainment park, the historic Stan Hywet Hall & Gardens (a massive 1915 Tudor Revival manor), and a fantastic local craft beer scene.

• Major Biomedical & Research Sector: The local economy is stable, anchored by “Biomedical Corridor” employers like Summa Health System, Akron Children’s Hospital, and the University of Akron—which remains a world leader in polymer science and engineering.

The Cons

• Post-Industrial Rust Belt Blues: Like many neighboring cities, Akron has suffered from a long-term population plateau and empty pockets left behind by the mid-century departure of major tire factories. While the economy has diversified, high-paying corporate tech or creative jobs are limited, often requiring a commute up to Cleveland.

• Elevated Crime in Specific Neighborhoods: Akron’s overall crime rate trends higher than both the state and national averages. While recent municipal data shows significant, double-digit declines in violent crimes and auto thefts due to active community intervention, incoming residents still need to be highly selective when vetting specific zip codes and neighborhoods (such as University Park or Middlebury).

   

• Gloomy, Snowy Winters: Located in Northeast Ohio, Akron gets hit with classic Great Lakes winter weather. Expect an average of 48 inches of snow per year, gray overcast skies that can stretch for weeks, and slick, slushy winter driving conditions from December through March.

• Inconsistent Public School Scores: While Summit County boasts some phenomenal suburban school systems (like Copley, Revere, or Hudson), the core Akron Public Schools district faces tighter funding and performance challenges, scoring lower on state metrics.