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5-Unit Apartment Building

1117 Salt Springs Road, Youngstown, OH 44509

For Sale
$330,000

CommercialSale, Youngstown, OH

Property SizeContact for details
Lot Size0.13 Acres
Days on Market39

Property Features for 1117 Salt Springs Road

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning description Commercial
Rooms Basement
Parking 5
Parking features Driveway
Elementary school district Youngstown CSD - 5014
Middle school district Youngstown CSD - 5014
High school district Youngstown CSD - 5014
Directions west on mahoning, north on steel st
Standard status Active
APN 53-093-0-120.00-0
Lot size 0.13 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 10464 50 X 100 IRR SALT SPRGS
Tax Annual Amount 1674
Legal Description LOT 10464 50 X 100 IRR SALT SPRGS

Utilities

Heating system Forced Air
Water source Public

Building Details

Year built 1910
Roof type Tar/Gravel, Flat
Listing Agency: Gonatas Real Estate LLC
Listed By: Antonio M Owens · License #2018002388
Added: Oct 1 Changed: Nov 6 Last Checked: Nov 8 at 9:06AM
MLS# 5249953

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.

Rey
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Investment Insights

Based on property information with market context.

This five-unit apartment property sits on a 0.126-acre parcel at 1117 Salt Springs Road in Youngstown. Each apartment has two bedrooms, one full bathroom, and an eat-in kitchen. A full basement provides additional storage and utility space, and the building was constructed in 1910.

Four of the five apartments are occupied. Residents pay their own utilities; the owner covers water, trash, and property taxes. The property has forced-air heating, a driveway, and a flat tar-and-gravel roof.

Key Highlights

  • Five apartments, each with two bedrooms, one full bathroom, and an eat‑in kitchen
  • Four of the five units are occupied
  • Full basement offers storage and utility space

Property Analytics

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Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

113
Businesses Nearby

Demographics for 44509, OH

10,934
Population
5,581
Households
2
Avg Household Size
38
Median Age
15%
College-Educated
84%
High-School Grad
5.6 sq mi
ZIP Area
1,953
Density / Sq Mi
$36,472
Median Household Income
$30,544
Median Earnings
$744
Median Rent
$56,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Five residences offer two-bedroom layouts, and four are currently occupied.
Where is this apartment building located?
The property is located at 1117 Salt Springs Road Youngstown, OH.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Five apartments, each with two bedrooms, one full bathroom, and an eat‑in kitchen; Four of the five units are occupied; Full basement offers storage and utility space
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