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Summit Lake Homes for Sale

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  • /17

    $85,000

    • 4 Beds
    • 3 Baths
    • 2,160 Sq Ft

    12 Lake St, Akron, OH 44301

    Akron Triplex – Prime Investment Opportunity!This value-add property offers immediate income with significant upside potential. The lower unit is a 2-bedroom, 1-bath, currently tenant-occupied, Section 8 compliant, and generating $772/month on a month-to-month lease. The two upstairs units are both 1-bedroom, 1-bath and are currently vacant—perfect for renovation and increased rental income. Each

    Meegan Smolsky Real of Ohio

    12 Lake St, Akron, OH 44301
  • /32

    $119,900

    • 2 Beds
    • 1.5 Baths

    503 Rothrock Ave, Akron, OH 44314

    This home has many unique features, windows, and kitchen skylights. Two bedrooms upstairs with a third bonus room; possible third bedroom on the main floor. Massive main bath with two showers! a walk in and a tub/shower combo, both made up of ceramic tile, along with new tile flooring and storage area. Additional half bath on main level. spacious living room with large windows. Unique kitchen

    Josh Vana EXP Realty, LLC.

    503 Rothrock Ave, Akron, OH 44314
  • /16

    $88,000

    • 3 Beds
    • 1 Bath
    • 1,288 Sq Ft

    834 Kenyon St, Akron, OH 44311

    Attention Investors: Turnkey, tenant occupied Colonial 3 bed, 1 bath, 2 car garage home. The home is in close proximity to downtown Akron, shopping, dining, Akron Children's, Akron General Cleveland Clinic, Canal Park and the University of Akron. Current rent is $1,000 per month. Tenant in place since August 2024. Possible 4th bedroom in the attic. Cash flowing property.

    Debbie Ferrante RE/MAX Edge Realty

    834 Kenyon St, Akron, OH 44311
  • /12

    $90,000

    • 3 Beds
    • 1 Bath

    1226 Edison Ave, Akron, OH 44301

    Make this your next investment! This single family rental is freshly updated and would be great for a first investment or add it to your existing portfolio. Updates include New energy efficient furnace, New water heater, and New windows. There is also a new drainage system. The patio has been updated to give tenants a clean outside space. The $1,000 lease in place expires September of 2025. There

    Meegan Smolsky Real of Ohio

    1226 Edison Ave, Akron, OH 44301
  • /12

    $52,000

    • 5 Beds
    • 1.5 Baths
    • 2,064 Sq Ft

    92 W Miller Ave, Akron, OH 44301

    This is a great valued add opportunity for an investor. Come take a look and see all the potential this property offers.

    Edward Mcclintick Joseph Walter Realty, LLC.

    92 W Miller Ave, Akron, OH 44301
  • /17

    $100,000

    • 3 Beds
    • 1 Bath

    849 Amherst St, Akron, OH 44311

    Welcome to 810 Amherst Street. This spacious home interior is near the Re- Vitalization zone off south Main Street. The first floor features a large Living Room, Dining Room and Kitchen. The second floor features 3 large bedrooms and 1 large Bathroom. The exterior features Vinyl/ Allum. Siding. Two car Garage and Car Port. Tenant pays $1100 plus utilities. Minutes away from Downtown Akron and the

    Richard Burroughs H & R Burroughs Realty, Inc.

    849 Amherst St, Akron, OH 44311
  • /30

    $87,900

    • 2 Beds
    • 2 Baths

    810 Amherst St, Akron, OH 44311

    Welcome to 810 Amherst. Great Income Property near the City of Akron’s Revitalize Area. This 2 Unit has one Bedroom upstairs unit and one Bedroom in the Downstairs unit. This apartment is near Stores. Libraries, Expressways, and Downtown Akron. Both units have separate Gas, Electric and Water. The downstairs unit is vacant. Stay in one and have tenant pay part of your mortgage. Downstairs unit

    Richard Burroughs H & R Burroughs Realty, Inc.

    810 Amherst St, Akron, OH 44311

About Summit Lake

Summit Lake in Akron, Ohio, is a neighborhood with a rich history and ongoing revitalization efforts. Originally an amusement park, the area faced neglect but has seen significant improvements since the launch of the Our Summit Lake program in 2018. This initiative has transformed the once-contaminated Summit Lake into a vibrant local park, featuring the Summit Lake Nature Center, where residents can enjoy fishing, kayaking, and hiking along the 20-mile Towpath Trail. The neighborhood includes green spaces like Penn Soccer Field and George Sisler Baseball Field. Summit Lake's residential areas are characterized by early 1900s Colonial Revival duplexes and single-family homes, with ongoing plans to develop affordable housing through the Summit Lake Choice Neighborhoods Plan. The community is well-connected, with three main thoroughfares and access to Interstate 76, making downtown Akron just a 3-mile drive away. Public transportation is available via Akron METRO's bus route eight. While local shopping options include Save A Lot, Aldi, and Great Start Thriftstore, dining options are limited, with the Friendly Tavern being the nearest restaurant. For more extensive shopping, residents travel to Summit Mall, 10 miles away in Fairlawn. The Summit Lake Community Center hosts various events, including the Summer Concert Series and the Summit Lake Birthday Bash. Efforts are underway to improve safety through educational and financial aid programs.

Frequently Asked Questions

Is Summit Lake a good place to live?
Summit Lake is a good place to live. Summit Lake is considered very car-dependent and bikeable with some transit options. Summit Lake is a suburban neighborhood. Summit Lake has 7 parks for recreational activities. It is fairly sparse in population with 4.9 people per acre and a median age of 33. The average household income is $36,076 which is below the national average. College graduates make up 3.5% of residents. A majority of residents in Summit Lake are renters, with 68.6% of residents renting and 31.4% of residents owning their home. A local real estate agent serving Summit Lake can help you decide if this neighborhood is the right one for you. Learn more on our Summit Lake neighborhood guide.
Is Summit Lake, OH a safe neighborhood?
Summit Lake, OH is less safe than the average neighborhood in the United States. It received a crime score of 7 out of 10.
How much do you need to make to afford a house in Summit Lake?
The median home price in Summit Lake is $72,500. If you put a 20% down payment of $14,500 and had a 30-year fixed mortgage with an interest rate of 6.83%, your estimated principal and interest payment would be $380 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $16K a year to afford the median home price in Summit Lake. The average household income in Summit Lake is $36K.
What are the best public schools in Summit Lake?
The best public schools that serve Summit Lake are:
What are the best private schools in Summit Lake?
The best private schools that serve Summit Lake are:
What are the most popular zip codes in Summit Lake, Akron, OH?
The most popular zip codes in Summit Lake, Akron, OH include 44256, 44646, 44685, 44720 and 44203.
What are the most popular neighborhoods near Summit Lake, Akron, OH?
The most popular neighborhoods near Summit Lake, Akron, OH are Kenmore, Sherbondy Hill, South Akron, Downtown Akron and Firestone Park.

Home Trends in Summit Lake, OH

Home Trends

Median Price (12 Mo)
$60,000
Median Single Family Price
$61,000
Median Townhouse Price
$125,350
Average Price Per Sq Ft
$61
Number of Homes for Sale
5
Last 12 months Home Sales
31
Months of Supply
1.90
Median List Price
$72,500
Median Discount From 1st List Price
3%
Median Home Sale Price YoY Change
-6%
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