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    Property profile & analytics

    740 Fern St Akron, OH 44307-1855

    • Residential income homes
    • 5,868 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $225,000
    Location Intelligence
    Property ID
    US66-5344659
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 740 Fern St

    Year built
    1919
    Construction
    FRAME
    Lot size
    0.16 lot acres
    Property size
    5,868 SF
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    68-05474
    APU
    6805474

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $235,000

    • CAP approach

      CAP return
      Estimation
      6%
      $190,000
      6.5%
      $180,000
      7%
      $165,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $170,000
      Geo Method
      $170,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $190,000
      Retail
      $160,000
      Mixed-Use
      $150,000
      Hospitality
      $190,000
      Educational
      $170,000
      Residential Income
      $165,000
      Energy
      $195,000
      Income-Based Land
      $170,000
      Food Service
      $155,000

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.5459
    Latitude
    41.0725
    CBSA code
    10420
    CBSA name
    AKRON, OH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,712
    $7,810
    $11,310
    $19,120
    -
    $22,300
    $32,320
    $54,620

    Comparable in this City

    • Value Estimation
      $350,000
      7,230 SF

      794 Thornton St

      APARTMENT HOUSE (UNDER 5 UNITS) • 7,230 SF
      794 Thornton St, Akron, OH 44307
      View Details
    • Value Estimation
      $325,000
      3,510 SF

      550 Bishop St

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,510 SF
      550 Bishop St, Akron, OH 44307-2107
      View Details
    • Value Estimation
      $295,000
      5,976 SF

      469 Bell St

      APARTMENT HOUSE (UNDER 5 UNITS) • 5,976 SF
      469 Bell St, Akron, OH 44307-2372
      View Details
    • Value Estimation
      $220,000
      4,800 SF

      401 Cedar St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,800 SF
      401 Cedar St, Akron, OH 44307-2315
      View Details
    • Value Estimation by Request
      7,760 SF

      771 Moon St

      Investment properties • 7,760 SF
      771 Moon St, Akron, OH 44307
      View Details
    • Value Estimation by Request
      0.07 Acres

      Bell St

      PARKING GARAGE, PARKING STRUCTURE • 0.07 Acres
      Bell St, Akron, OH 44307
      View Details

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    740 Fern St
    Akron, OH 44307-1855
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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