Three-Unit Residential Income
145 S Lakeview Avenue Youngstown, OH 44509
For Sale
$139,900
MULTI_FAMILY - Youngstown, OH
Property Size1,788 SF
Lot Size0.14 Acres
Price / SF$78.24
Days on Market63
Property Features for 145 S Lakeview Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2
- Standard status
- Active
- APN
- 53-068-0-246.00-0
- Size
- 1,788 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 17666 40 X 150 LAKEVIEW
- Tax Annual Amount
- 810
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Building materials
- AluminumSiding
- Roof type
- Asphalt, Fiberglass
Listing Agency:
Kelly Warren and Associates RE Solutions
(330) 717-2689
Listed By:
Theresa Robin · License #2023000415
(330) 774-5684
Added: May 23
Changed: Jul 17
Last Checked: Jul 24 at 4:06PM
MLS# 5212060
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This three-unit residential income property is offered in turn-key condition, with the bottom unit completely updated from top to bottom. The building includes separate utilities, supporting individual tenant management. Major improvements reported include furnace replacements for all three units in 2024, installation of a brand-new main water line, and a full, comprehensive electrical update across the property.
The property is located at 145 S Lakeview Avenue in Youngstown, Ohio 44509 (Mahoning County). With recent capital work completed and utility separation in place, the building is positioned for lower day-to-day maintenance relative to a typical older multi-family asset.
Additional details provided include a property size of 1,788 square feet on a 0.138-acre lot. Schedule a showing to review the updates and confirm current unit condition and configuration.
The property is located at 145 S Lakeview Avenue in Youngstown, Ohio 44509 (Mahoning County). With recent capital work completed and utility separation in place, the building is positioned for lower day-to-day maintenance relative to a typical older multi-family asset.
Additional details provided include a property size of 1,788 square feet on a 0.138-acre lot. Schedule a showing to review the updates and confirm current unit condition and configuration.
Key Highlights
- 3‑unit residential income property built in 1925
- All three furnaces replaced in 2024
- New main water line installed and public water and public sewer available
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.2k | $10.20 |
| − Vacancy | −$1.0k | −$0.58 |
| EGI | $17.2k | $9.62 |
| − OpEx | −$5.2k | −$2.89 |
| NOI | $12.0k | $6.73 |
1,788 SF · lease $10.20/SF/yr · vacancy 5.68% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$172.0K
$150.5K – $200.7K
NOI $12,041 @ 7.0% cap · market cap 8.61%
Second Best
Apartment 5plus
$158.5K
$138.7K – $184.9K
NOI $11,095 @ 7.0% cap · market cap 7.93%
Theoretical Best
Office A
$337.4K
$295.2K – $393.7K
NOI $23,619 @ 7.0% cap · market cap 16.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three-unit income property with separate utilities and major 2024-to-recent updates including new furnaces, water line, and electrical system.
Where is this triplex located?
The property is located at 145 S Lakeview Avenue Youngstown, OH.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: 3‑unit residential income property built in 1925; All three furnaces replaced in 2024; New main water line installed and public water and public sewer available
