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Remodeled Mixed-Use Property
For Sale
$120,000

4258 Mahoning Ave, Youngstown, OH 44515

Remodeled mixed-use property featuring modern updates and commercial zoning.

Property Size936 SF
Price / SF$128.21
Days on Market108

Property Features for 4258 Mahoning Ave

General Information

Standard status Active
Size 936 SF
Property subtype Residential

Taxes and HOA fees

Annual Taxes $1,455
Listing Agency: Narducci Realty
Listed By: James P Richmond · License #2016004258
Source: Exprealty
Added: May 15 Changed: Aug 20 Last Checked: Aug 29 at 3:27PM

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 Narducci Realty

Investment Insights

Based on property information with market context.

This remodeled property offers potential for both residential and commercial use. The property features 2 bedrooms, an updated kitchen with modern finishes, new light fixtures, a new tiled shower, and hardwood floors throughout. Newly installed windows provide natural light. The layout includes a large attic suitable for storage, workspace, or expansion. Zoned B-2, the property is suitable for residential living or commercial use, making it potentially ideal for a small business, office, or investment. The property size is 936 square feet.

Key Highlights

  • Zoned B‑2: Offering flexibility for residential or commercial use.
  • Remodeled with Modern Finishes: Enjoy an updated kitchen, new light fixtures, tiled shower, and hardwood floors.
  • New Windows: Newly installed windows provide abundant natural light.

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$7,020
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.85%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$140,400 $140.4K
Cap Rate 7%
$100,286 $100.3K
Cap Rate 9%
$78,000 $78.0K
Market Conditions
NOI Build-Up for 936 SF 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.
Gross rent
$14.0K $15.00/SF
− Vacancy
−$2.8K −$3.00/SF
EGI
$11.2K $12.00/SF
− OpEx
−$4.2K −$4.50/SF
NOI
$7.0K $7.50/SF
Area
Mahoning County, OH
Vacancy
20.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$140,400
Cap Rate 7%
$100,286
Cap Rate 9%
$78,000

Alternative Uses

Best Use
Mixed Use
$100.3K
$87.8K – $117.0K (±1% cap)
NOI $7,020 @ 7.0% cap · market cap 5.85%
Second Best
no second resolved use
Theoretical Best
Office A
$176.6K
$154.6K – $206.1K (±1% cap)
NOI $12,364 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Dental Office Law Firm Skin Care Clinic Spa & Massage Center Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

292
Businesses Nearby

Demographics for 44515, OH

27,480
Population
13,992
Households
2
Avg Household Size
44
Median Age
21%
College-Educated
94%
High-School Grad
18.5 sq mi
ZIP Area
1,485
Density / Sq Mi
$52,831
Median Household Income
$36,156
Median Earnings
$766
Median Rent
$142,200
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Remodeled mixed-use property featuring modern updates and commercial zoning.
Where is this mixed-use property located?
The property is located at 4258 Mahoning Ave Youngstown, OH.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Zoned B‑2: Offering flexibility for residential or commercial use.; Remodeled with Modern Finishes: Enjoy an updated kitchen, new light fixtures, tiled shower, and hardwood floors.; New Windows: Newly installed windows provide abundant natural light.
More about this property
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