3-Unit Brick
New
For Sale
$85,000
720-726-728 Hoyt Street, Warren, OH 44485
ResidentialIncome, Warren, OH
Property Size520 SF
Lot Size0.31 Acres
Price / SF$163.46
Days on Market1
Property Features for 720-726-728 Hoyt Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Half bathrooms
1
Rooms
Basement, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3, Bathroom 3
Parking features
Garage
Elementary school district
Warren CSD - 7820
Middle school district
Warren CSD - 7820
High school district
Warren CSD - 7820
Directions
Take Warren's Main Avenue SW toward Hoyt Street. Turn onto Hoyt Street SW and continue to the 700 block. Arrive at 720-726 Hoyt Street SW, Warren, OH 44485.
Standard status
Active
APN
39-065560
Size
520 SF
Lot size
0.31 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
481
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Water source
Public
Building Details
Year built
1928
Floors in Building
2
Building materials
Brick
Roof type
Shingle
Listing Agency:
Keller Williams Chervenic Rlty · Keller Williams Realty
(330) 967-4300
Listed By:
Holly Ritchie · License #2001021919
(330) 360-5323
Added: Oct 27
Last Checked: Oct 27 at 6:06PM
MLS# 5256053
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-unit residential property in Warren is a brick building constructed in 1928, with a garage and a 0.31-acre lot. Two apartments are occupied by tenants; each has two bedrooms and one full bathroom. The third unit requires renovation.
The property is served by public water and public sewer. Baseboard heating and a shingle roof are among the building’s existing features.
The property is served by public water and public sewer. Baseboard heating and a shingle roof are among the building’s existing features.
Key Highlights
- Three residential units on a 0.31‑acre lot
- Two rented apartments, each with 2 bedrooms and 1 full bath
- Third unit requires renovation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,288
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$85,760
$85.8K
Cap Rate 7%
$61,257
$61.3K
Cap Rate 9%
$47,644
$47.6K
Market Conditions
NOI Build-Up for 520 SF
Gross rent
$6.6K $12.60/SF
− Vacancy
−$426 −$0.82/SF
EGI
$6.1K $11.78/SF
− OpEx
−$1.8K −$3.53/SF
NOI
$4.3K $8.25/SF
Area
Trumbull County, OH
Vacancy
6.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$85,760
Cap Rate 7%
$61,257
Cap Rate 9%
$47,644
Alternative Uses
Best Use
Multifamily LT 5
$61.3K
$53.6K – $71.5K
NOI $4,288 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$56.8K
$49.7K – $66.3K
NOI $3,977 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$98.7K
$86.4K – $115.2K
NOI $6,909 @ 7.0% cap · market cap 8.13%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
491
Businesses Nearby
Explore this area
Business Placement
Demographics for 44485, OH
15,172
Population
7,640
Households
2
Avg Household Size
39
Median Age
15%
College-Educated
82%
High-School Grad
7.8 sq mi
ZIP Area
1,945
Density / Sq Mi
$33,720
Median Household Income
$30,225
Median Earnings
$818
Median Rent
$73,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Triplex - Two apartments are leased, while the remaining residence requires renovation.
Where is this triplex located?
The property is located at 720-726-728 Hoyt Street Warren, OH.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Three residential units on a 0.31‑acre lot; Two rented apartments, each with 2 bedrooms and 1 full bath; Third unit requires renovation
