Homeowners looking to create your own vision? or excellent Investor Opportunity in Firestone Park! Spacious 4-bedroom, 2-bath home offering 1,472 sq. ft. plus an additional 262 finished sq. ft. in the basement. This property presents an excellent opportunity to add value without taking on a major structural renovation. Most of the work needed consists of cosmetic updates, along with minor repairs such as finishing some drywall, updating bathroom fixtures, and potentially completing a partial kitchen remodel to maximize the home's appeal. The home currently features laminate flooring throughout much of the living space, which can be removed quickly and cost-effectively, allowing buyers to move efficiently into their preferred flooring installation with minimal demolition, labor, and disposal costs. Several major improvements have already been completed, including a furnace installed in 2021, central air conditioning less than 5 years old, and a roof estimated to be less than 10 years old, helping reduce upfront renovation expenses. Situated on a large corner lot in desirable Firestone Park, the location offers convenient access to I-77, shopping, dining, and everyday conveniences. Nearby amenities include Garfield Community Learning Center, Voris Community Learning Center, Firestone Park Library, grocery stores, and shopping plazas with restaurants, making this an attractive location for future homeowners and tenants alike. Adding to its investment appeal, the home was previously utilized as a multi-family property and features two separate entrances, creating potential opportunities for future income-producing use, multi-generational living, or a possible duplex conversion (buyer to verify zoning and permitted uses). Ideal for investors, flippers, landlords, or owner-occupants looking to build equity and add value. Bring your vision and unlock the potential this property has to offer!
Firestone Park, located between Downtown Akron and the Portage Lakes area, is a residential and park-centered Akron neighborhood with a curving street grid and a signature central green. The neighborhood’s character concentrates around the Firestone Park Community Center and the surrounding park drives, where ballfields, playgrounds, and picnic lawns set a steady, outdoors-forward rhythm. Brick colonials and tidy bungalows line the boulevards, with sidewalks that trace back toward the park. Community pillars include the Firestone Park Community Center, the Firestone Park Branch Library, and the Firestone Park Little League fields. A small-scale, lived-in commercial strip along S Main Street adds everyday errands without changing the calm streetscape.
Provided by Walk Score and Local Logic
Market insights
525 Reed Ave · $119,900
DAYS ON MARKET
11 days
The average home goes pending in 25 days.
SALE-TO-LIST
99.5%
Most homes are selling 0% below list price.
LIST PRICE
$129,000
Median list price in this area is $226,164. (75% higher than this home)
PRICE DROP
1 price drop
24% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Fireplace
Jetted tub
Partially finished basement with walk-up access
Bedrooms
3 bedrooms on the main level
Bathrooms
2 full bathrooms, including 1 on the main level
Laundry & utility
Laundry in the basement
Heating & cooling
Gas heating
Central air
Exterior features
Deck
Corner lot
Parking
Detached garage with 2 spaces
Construction
Aluminum siding
Asphalt roof
Utilities
Public water
Public sewer
Electricity and solar
View estimated energy costs and solar savings for this home
Wonderful possibilities in this classic 3 bedroom, 2 bath Cape Cod in Firestone Park. Perfect single family residence with 2 main floor bedrooms and bath plus 2nd level living suite. Or use as a multi family dwelling as 2nd floor had been a long time rental unit. At nearly 1500 square feet, there's plenty of living space as the main level has a large living room, eat-in kitchen plus a dining room, and a separate office area. The full basement has a separate walk out entrance and plenty of rooms for storage or future living space. The quality built 2 car garage has an automatic opener and above storage area. Don't miss this one!
MLSNOW #4301119
Oct 5, 2021
Listing Removed
—
Jul 22, 2021
Listed
$89,900
$61/sq ft
MLSNOW #4244066
Mar 17, 2021
Listing Removed
—
Feb 3, 2021
Price Changed
$89,900
$61/sq ft
Dec 9, 2020
Listed
$94,900
$64/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,004 (−3.6%)
$11,200 + $27,713
$38,913
2024
$2,080 (+19.8%)
$11,200 + $27,713
$38,913
2023
$1,736 (+12.3%)
$11,200 + $27,713
$38,913
2022
$1,546 (−28.7%)
$8,484 + $20,720
$29,204
2021
$2,169 (+1.4%)
$8,484 + $20,720
$29,204
2020
$2,139 (+10.7%)
$8,484 + $20,720
$29,204
2019
$1,933 (+1.2%)
$7,893 + $15,789
$23,682
2018
$1,909
$7,893 + $15,789
$23,682
2017
$1,908 (−1.6%)
$7,893 + $15,789
$23,682
2016
$1,938 (+0.8%)
$7,893 + $15,789
$23,682
2014
$1,923 (−9.0%)
$7,893 + $15,789
$23,682
2013
$2,113
$7,893 + $19,002
$26,895
Public record
Beds
4
Baths
2
Stories
1
Lot width
64 ft.
Lot depth
118 ft.
Lot size
7,552 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
1,472
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,472
Year built
1928
Style
Single Family Residential
County
Summit County
APN
6841022
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 19, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 96° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Akron, OH • 44301
Average low and high temperatures (°F)
30
17
37
23
56
37
65
45
68
51
81
63
85
68
80
62
79
56
65
47
51
38
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 23% for direct sun exposure in Akron. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 525 Reed Ave
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $122,000 and $157,500.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $122K to $158K.