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Three-Unit Triplex

356 North Street NW, Warren, OH 44443

For Sale
New
$185,000

ResidentialIncome, Warren, OH

Property Size2,549 SF
Lot Size0.21 Acres
Price / SF$72.58
Days on Market4

Property Features for 356 North Street NW

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Basement, Bedroom 6, Bedroom 5, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 3, Laundry Room, Bedroom 3, Bathroom 2
Parking features Garage
Subdivision Freeman
Elementary school district Warren CSD - 7820
Middle school district Warren CSD - 7820
High school district Warren CSD - 7820
Directions Mahoning Ave NW to North St NW
Standard status Active
APN 39-006545
Size 2,549 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 33&35 60F FREEMAN W PT NORTH ST E PT & W PT
Tax Annual Amount 1274
Legal Description 33&35 60F FREEMAN W PT NORTH ST E PT & W PT

Utilities

Sewer type Public Sewer
Heating system Baseboard, Natural Gas
Water source Public

Building Details

Year built 1901
Floors in Building 2
Building materials Brick, VinylSiding
Roof type Slate
Listing Agency: Kelly Warren and Associates RE Solutions
Listed By: Dina Shuto · License OH #2023001187
Added: Nov 11 Changed: Nov 13 Last Checked: Nov 13 at 11:06PM
MLS# 5260277

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.

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Investment Insights

Based on property information with market context.

This 2,549-square-foot triplex contains three units, with six bedrooms, three bathrooms, and a laundry room. The building dates to 1901 and has brick and vinyl siding, a slate roof, and baseboard heating fueled by natural gas.

The property occupies 0.2052 acres and includes a garage. Public water and public sewer serve the site.

Key Highlights

  • Three residential units in a 2,549‑square‑foot building
  • Six bedrooms and three bathrooms
  • 0.2052‑acre property with a garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,817
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$316,340 $316.3K
Cap Rate 7%
$225,957 $226.0K
Cap Rate 9%
$175,744 $175.7K
Market Conditions
NOI Build-Up for 2,549 SF
Gross rent
$30.6K $12.00/SF
− Vacancy
−$1.8K −$0.72/SF
EGI
$28.8K $11.28/SF
− OpEx
−$12.9K −$5.08/SF
NOI
$15.8K $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%
$316,340
Cap Rate 7%
$225,957
Cap Rate 9%
$175,744

Alternative Uses

Best Use
Multifamily LT 5
$245.2K
$214.6K – $286.1K (±1% cap)
NOI $17,166 @ 7.0% cap · market cap 9.28%
Second Best
Apartment 5plus
$226.0K
$197.7K – $263.6K (±1% cap)
NOI $15,817 @ 7.0% cap · market cap 8.55%
Theoretical Best
Office A
$481.0K
$420.9K – $561.2K (±1% cap)
NOI $33,671 @ 7.0% cap · market cap 18.20%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

362
Businesses Nearby

Demographics for 44443, OH

1,742
Population
852
Households
2
Avg Household Size
51
Median Age
20%
College-Educated
98%
High-School Grad
13.5 sq mi
ZIP Area
129
Density / Sq Mi
$71,875
Median Household Income
$37,750
Median Earnings
$830
Median Rent
$226,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Triplex - Three separately configured units provide a multi-unit residential layout.
Where is this triplex located?
The property is located at 356 North Street NW Warren, OH.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Three residential units in a 2,549‑square‑foot building; Six bedrooms and three bathrooms; 0.2052‑acre property with a garage
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Includes: Price & PSF · Cap rate · Location · Zoning

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