Four-Unit Multifamily Property with
3250 State Route 534, Newton Falls, OH 44444
For Sale
$1,500,000
Four residential accommodations are complemented by five detached structures and an on-site gas well.
Property Size3,759 SF
Lot Size100.00 Acres
Price / SF$399.04
Days on Market19
Property Features for 3250 State Route 534
General Information
Standard status
Size
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Utilities to Site
Taxes and HOA fees
Annual Taxes
Amenities
Full,Walk-Out Access
true
4
2
8
3759
Assessor
Well
100.222
false
Circular Driveway,Concrete,Carport,Detached Carport,Driveway,Detached,Garage
Building Details
Building Size
Year Built
Stories
Listing Agency:
(304) 501-5212
Listed By:
Karen Ullom
Source:
Karenullomrealty
Added: Oct 21
Changed: Nov 3
Last Checked: Nov 8 at 8:33AM
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 Karen Ullom
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Investment Insights
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Four residential accommodations anchor this multifamily property: a 1,500-square-foot residence with three bedrooms and two full baths; a 1,180-square-foot unit with three bedrooms, one bath, and separate laundry; a 1,100-square-foot, two-bedroom suite with one bath; and a 500-square-foot trailer with two bedrooms and one bath. The first three units were formerly one residence and can be reconfigured as a single home with minimal modification. A well serves the property, and an on-site gas well generates royalty income.
Five detached buildings provide substantial additional space: two barns, a two-story garage, a Quonset hut, and a pool shed. The property also includes a circular driveway, concrete driveway, carport, and detached carport.
Five detached buildings provide substantial additional space: two barns, a two-story garage, a Quonset hut, and a pool shed. The property also includes a circular driveway, concrete driveway, carport, and detached carport.
Key Highlights
- Four residential accommodations, including three units that can be joined with minimal modification
- Main residence: 1,500 square feet, 3 bedrooms, and 2 full baths
- Unit B: 1,180 square feet, 3 bedrooms, 1 bath, and separate laundry
Property Analytics
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Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
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Business Placement
Demographics for 44444, OH
10,042
Population
4,866
Households
2.1
Avg Household Size
47
Median Age
15%
College-Educated
91%
High-School Grad
41.1 sq mi
ZIP Area
244
Density / Sq Mi
$61,580
Median Household Income
$43,500
Median Earnings
$725
Median Rent
$129,000
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Trumbull County, OH
Properties on Market for Multifamily properties in Trumbull County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Multifamily property - Four residential accommodations are complemented by five detached structures and an on-site gas well.
Where is this multifamily property located?
The property is located at 3250 State Route 534 Newton Falls, OH.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Four residential accommodations, including three units that can be joined with minimal modification; Main residence: 1,500 square feet, 3 bedrooms, and 2 full baths; Unit B: 1,180 square feet, 3 bedrooms, 1 bath, and separate laundry
