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Owner finance

$119,900

505 Brown St

Akron, OH 44311

Beds4
Baths2
Sq ft1,240
Year built1894
Listed by

Tera Somogyi, Keller Williams Living · (561) 901-9331

What the listing says

This single-family home at 505 Brown St, Akron presents a fantastic opportunity for both homeowners and investors, featuring an impressive list of recent capital improvements and mechanical upgrades. The property boasts a brand-new roof (2025), a new furnace installed in 2024, and a 2023 water heater, ensuring efficiency and peace of mind for years to come. Significant infrastructure work has also been completed, including a new main sewer line to the street in 2024 and professional tree removal in 2025. The interior has been well-maintained with flooring and cabinets updated around 2020, a bathroom renovation in 2017, and a suite of newer appliances, including a 2026 range, 2025 washer, and 2022 dryer. The property includes a clear value-add improvement plan, offering the chance to build immediate equity through interior paint touch-ups, new LVP flooring, and refreshed exterior decking. This home is currently part of a strategic real estate portfolio on Brown Street and can be purchased individually or as a package deal. Combining this property with neighboring listings at 499, 511, and 517 Brown St allows an investor to instantly scale their presence in the Akron market with a concentrated group of high-potential assets. Whether you are looking for a move-in-ready residence with solid mechanicals or a high-yield addition to your rental portfolio, this property is a standout choice. Seller Financing available for the full portfolio of properties.

See the original listing ↗

This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.

Property Details

Property Type

Single Family

Lot Size

10,497.96 sq ft

HOA

None

More owner-financed homes near Akron

Questions about owner financing in Akron

What is owner financing for 505 Brown St?

Owner financing means the seller of 505 Brown St acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this Akron, OH home mentions owner financing; confirm it with the seller.

Do I need good credit for owner financing?

There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.

How much is the down payment for this Akron home?

There is no standard down payment. The seller of this Akron home sets their own, and it is negotiable. Ask the seller or their agent.

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