Updated Triplex with Separate
For Sale
$129,900
145 S Lakeview Avenue, Youngstown, OH 44509
ResidentialIncome, Youngstown, OH
Property Size1,788 SF
Lot Size0.14 Acres
Price / SF$72.65
Days on Market141
Property Features for 145 S Lakeview Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 1
Subdivision
City/Youngstown
Elementary school district
Youngstown CSD - 5014
Middle school district
Youngstown CSD - 5014
High school district
Youngstown CSD - 5014
Directions
Mahoning to S. Lakeview
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
Legal Description
LOT 17666 40 X 150 LAKEVIEW
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 #2026001952
(330) 774-5684
Added: May 23
Changed: Oct 8
Last Checked: Oct 10 at 9:06PM
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 property contains 1,788 square feet on a 0.138-acre lot. The lower unit has undergone a comprehensive interior renovation with contemporary finishes and may be occupied or leased. Separate utilities serve the units, while forced-air heating and window-unit cooling support the building’s residential configuration.
Major infrastructure work includes replacement of all three furnaces in 2024, installation of a new main water line, and a full electrical modernization. Built in 1925, the property has aluminum siding, asphalt and fiberglass roofing, public water, and public sewer. The room schedule identifies three bedrooms and three bathrooms.
Major infrastructure work includes replacement of all three furnaces in 2024, installation of a new main water line, and a full electrical modernization. Built in 1925, the property has aluminum siding, asphalt and fiberglass roofing, public water, and public sewer. The room schedule identifies three bedrooms and three bathrooms.
Key Highlights
- Three‑unit residential property with 1,788 square feet
- Lower unit fully updated with modern finishes
- All three furnaces replaced in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,095
Cap Rate
8.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$221,900
$221.9K
Cap Rate 7%
$158,500
$158.5K
Cap Rate 9%
$123,278
$123.3K
Market Conditions
NOI Build-Up for 1,788 SF
Gross rent
$21.5K $12.00/SF
− Vacancy
−$1.3K −$0.72/SF
EGI
$20.2K $11.28/SF
− OpEx
−$9.1K −$5.08/SF
NOI
$11.1K $6.21/SF
Area
Mahoning County, OH
Vacancy
5.98%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$221,900
Cap Rate 7%
$158,500
Cap Rate 9%
$123,278
Alternative Uses
Best Use
Multifamily LT 5
$172.0K
$150.5K – $200.7K
NOI $12,041 @ 7.0% cap · market cap 9.27%
Second Best
Apartment 5plus
$158.5K
$138.7K – $184.9K
NOI $11,095 @ 7.0% cap · market cap 8.54%
Theoretical Best
Office A
$337.4K
$295.2K – $393.7K
NOI $23,619 @ 7.0% cap · market cap 18.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
225
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property with separate utilities and recent building-system upgrades.
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 $129,900.
What are key features of this property?
This property features: Three‑unit residential property with 1,788 square feet; Lower unit fully updated with modern finishes; All three furnaces replaced in 2024
