
Deal summary
3 bed · 1 bath · 1426 sqft · built 1917 · Summit County
20 IVAN PL — AKRON, OH 44304 · UNIVERSITY PARK Single-family value-add (physical 2-unit potential) across from Summa Health and walking distance to the University of Akron. ~1,426 sq ft, 2-story Colonial, built 1917, part-finished attic, fireplace. Structurally sound — cosmetic value-add, not a gut. Ask: $45,000 · Cash · AS-IS ARV: $130,000–$150,000 Est. Rehab: $48,000 (full cosmetic — kitchen, bath, flooring, paint, mechanicals) All-In: ~$93,000 → ~66% of ARV Rent Potential: up to $1,900/mo* stabilized COMPARABLE SUPPORT 95 Brittain Rd, 44305 — 4bd/4ba, 1,840 sf — $159,900 (active) 1592 Pilgrim St, 44305 — 4bd/2ba, 1,421 sf — $89,999 (active) 399 Crouse St, 44311 — 1,575 sf, built 1908 — ~$99,000 sold 3/26 ($63/SF) 277 Fountain St, 44306 — 1,829 sf — $125,000 sold 12/8/25 Akron median sale $150,000 (Apr 2026); renovated University Park SFR ~$85–100/SF LOCATION / UPSIDE One of four contiguous Ivan Place parcels on the named eastern boundary of Akron's 2023 East Market Street redevelopment area. The Summa Health assembler (Akron Regional Hospital LLC) is actively acquiring and clearing parcels on this block, including the lot adjacent to 10 Ivan — adding long-term assemblage optiona
ARV $145,000 · est. rehab $50,000