Two-Unit Duplex with Full
New
For Sale
Contact for pricing
346 Uber Ave, Youngstown, OH 44506
Vacant units and a two-bedroom-per-unit layout provide a clear starting point for rehabilitation.
Property Size1,484 SF
Lot Size0.11 Acres
Price / SF$19.54
Days on Market3
Property Features for 346 Uber Ave
General Information
Standard status
Active
Size
1,484 SF
Lot size
0.11 Acres
Property subtype
Multi-Unit (2-4)
Property Condition
Severity
Major Repairs Needed
Evidence
ready for a full rehab
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
full basement
Lot Size Acres: 0.11
Percentage of Tax that is Deductable: 0
Sale, Sale Type: Foreclosure
3 Bedrooms
Built in 1920
Above Area Square Feet: 1484
2 Full Baths
Building Details
Year Built
1920
Stories
2
Listing Agency:
JOSEPH WALTER REALTY LLC
Listed By:
Scott Fader · License #3491231
(888) 227-1009
Source:
Doyle-realty
Added: Oct 29
Changed: Oct 30
Last Checked: Oct 30 at 2:49PM
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 JOSEPH WALTER REALTY LLC
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Investment Insights
Based on property information with market context.
This two-story duplex contains 1,484 square feet, arranged as two units with two bedrooms and one full bathroom apiece. A full basement is also part of the property, which was built in 1920. Both units are vacant, and the property is being offered in as-is condition for full rehabilitation.
The building occupies a 0.11-acre lot at 346 Uber Ave in Youngstown. It is located in the East High neighborhood, with downtown Youngstown described as minutes away. The property is within Youngstown City School District.
The building occupies a 0.11-acre lot at 346 Uber Ave in Youngstown. It is located in the East High neighborhood, with downtown Youngstown described as minutes away. The property is within Youngstown City School District.
Key Highlights
- Two units, each with 2 bedrooms and 1 full bathroom
- 1,484‑square‑foot, two‑story duplex
- Full basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,209
Suggested Prices Based on Cap Rates
Cap Rate 5%
$184,180
$184.2K
Cap Rate 7%
$131,557
$131.6K
Cap Rate 9%
$102,322
$102.3K
Market Conditions
NOI Build-Up for 1,484 SF
Gross rent
$17.8K $12.00/SF
− Vacancy
−$1.1K −$0.72/SF
EGI
$16.7K $11.28/SF
− OpEx
−$7.5K −$5.08/SF
NOI
$9.2K $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%
$184,180
Cap Rate 7%
$131,557
Cap Rate 9%
$102,322
Alternative Uses
Best Use
Multifamily LT 5
$142.8K
$124.9K – $166.6K
NOI $9,994 @ 7.0% cap · market cap 34.46%
Second Best
Apartment 5plus
$131.6K
$115.1K – $153.5K
NOI $9,209 @ 7.0% cap · market cap 31.76%
Theoretical Best
Office A
$280.0K
$245.0K – $326.7K
NOI $19,603 @ 7.0% cap · market cap 67.60%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
127
Businesses Nearby
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Business Placement
Demographics for 44506, OH
2,109
Population
1,341
Households
1.6
Avg Household Size
39
Median Age
2%
College-Educated
75%
High-School Grad
1.8 sq mi
ZIP Area
1,172
Density / Sq Mi
$22,321
Median Household Income
$22,518
Median Earnings
$599
Median Rent
$24,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Vacant units and a two-bedroom-per-unit layout provide a clear starting point for rehabilitation.
Where is this duplex located?
The property is located at 346 Uber Ave Youngstown, OH.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 full bathroom; 1,484‑square‑foot, two‑story duplex; Full basement
