Tenant-Occupied Duplex with
For Sale
$169,000
3238 Youngstown Rd Se, Warren, OH 44484
Two-unit residence with covered patio, fenced yard, and rear balcony access.
Property Size1,772 SF
Price / SF$95.37
Days on Market18
Property Features for 3238 Youngstown Rd Se
General Information
Standard status
Active
Size
1,772 SF
Total Parking Spaces
2
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
covered patio
fenced yard
rear balcony
Building Details
Stories
2
Tenancy
Multi
Listing Agency:
Brokers Realty Group
(330) 423-5442
Listed By:
Troy V Polis
(330) 423-5442
Source:
Exprealty
Added: Jul 15
Changed: Jul 31
Last Checked: Jul 31 at 2:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brokers Realty Group
Investment Insights
Based on property information with market context.
This tenant-occupied duplex includes both lower and upper apartments and is currently revenue generating. The property features a prominent white exterior, durable steel roof, main parking lot, rear two-car garage, winding sidewalk, and a large covered patio with kennel structures inside the fenced yard.
The property is located along US-422 at 3238 Youngstown Rd SE in Warren, Ohio, with access to nearby shopping and dining. The upper apartment includes two bedrooms, a full bath with a glass block-accented shower, an expansive living room with a tiled fireplace provision, and a kitchen with a tiled backsplash and sleek cabinetry. Hardwood-styled flooring continues through the living areas, kitchen, and dining corner, with rear balcony access.
The property is located along US-422 at 3238 Youngstown Rd SE in Warren, Ohio, with access to nearby shopping and dining. The upper apartment includes two bedrooms, a full bath with a glass block-accented shower, an expansive living room with a tiled fireplace provision, and a kitchen with a tiled backsplash and sleek cabinetry. Hardwood-styled flooring continues through the living areas, kitchen, and dining corner, with rear balcony access.
Key Highlights
- Tenant occupied and revenue generating
- Both lower and upper apartments included
- Rear two‑car garage and main parking lot
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 | $22.3k | $12.60 |
| − Vacancy | −$1.5k | −$0.82 |
| EGI | $20.9k | $11.78 |
| − OpEx | −$6.3k | −$3.53 |
| NOI | $14.6k | $8.25 |
1,772 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$208.8K
$182.7K – $243.6K
NOI $14,613 @ 7.0% cap · market cap 8.65%
Second Best
Apartment 5plus
$193.6K
$169.4K – $225.9K
NOI $13,551 @ 7.0% cap · market cap 8.02%
Theoretical Best
Office A
$336.3K
$294.3K – $392.4K
NOI $23,544 @ 7.0% cap · market cap 13.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
Explore this area
Business Placement
Demographics for 44484, OH
22,290
Population
9,929
Households
2.2
Avg Household Size
46
Median Age
26%
College-Educated
93%
High-School Grad
17.9 sq mi
ZIP Area
1,245
Density / Sq Mi
$65,435
Median Household Income
$42,490
Median Earnings
$840
Median Rent
$166,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residence with covered patio, fenced yard, and rear balcony access.
Where is this duplex located?
The property is located at 3238 Youngstown Rd Se Warren, OH.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: Tenant occupied and revenue generating; Both lower and upper apartments included; Rear two‑car garage and main parking lot
