Fully Renovated Triplex
7217 Pennsylvania Avenue Youngstown, OH 44514
New
7217 Pennsylvania Avenue, Youngstown, OH, 44514
$329,900
For Sale
$329,900
MULTI_FAMILY - Youngstown, OH
Property Size3,011 SF
Lot Size0.35 Acres
Price / SF$109.56
Days on Market1
Property Features for 7217 Pennsylvania Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 1, Basement, Bedroom 4, Bedroom 5, Bathroom 2
- Parking features
- Garage, Driveway
- Standard status
- Active
- APN
- 30-028-0-064.00-0
- Size
- 3,011 SF
- Lot size
- 0.35 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 9 70 X 212 KIRKLAND MANOR
- Tax Annual Amount
- 3658
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1955
- Floors in Building
- 3
- Building materials
- Brick, WoodSiding
- Roof type
- Asphalt
Listing agency
CENTURY 21 Lakeside Realty
(234) 806-0004
Listed by
Dawn R Nicholas · License #2001014344
(330) 565-1085
Added: Jul 22 Checked: Jul 22 at 3:06PM
MLS# 5216878
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.
Investment Insights
Based on property information with market context.
This fully renovated cape cod triplex includes three separate residential units with updated kitchens, bathrooms, flooring, paint, and fixtures. Major exterior and systems improvements include a new roof, replacement windows, updated electrical, newly built front and rear concrete porches, and additional site work including tree removals and a garage door. A recently installed egress window was added for the lower-level bedroom.
The first-floor unit is described as having two bedrooms, one full bath, a living room, an updated kitchen, and a dining area. The upper and lower units are described as having utilities included, while the first-floor tenant is described as paying all utilities. The upper and lower units are currently leased through 2027.
The property is offered for sale and is listed as located in the Poland School District with easy access to major highways, shopping, restaurants, and employment centers. A detailed expense sheet is available for review.
The first-floor unit is described as having two bedrooms, one full bath, a living room, an updated kitchen, and a dining area. The upper and lower units are described as having utilities included, while the first-floor tenant is described as paying all utilities. The upper and lower units are currently leased through 2027.
The property is offered for sale and is listed as located in the Poland School District with easy access to major highways, shopping, restaurants, and employment centers. A detailed expense sheet is available for review.
Key Highlights
- Fully renovated Cape Cod triplex with 5 bedrooms and 3 bathrooms
- Two units already leased through 2027
- Improvements since 2020 include new roof, replacement windows, updated electrical, and new front and rear concrete porches
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.7k | $10.20 |
| − Vacancy | −$1.7k | −$0.58 |
| EGI | $29.0k | $9.62 |
| − OpEx | −$8.7k | −$2.89 |
| NOI | $20.3k | $6.73 |
3,011 SF · lease $10.20/SF/yr · vacancy 5.68% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$289.7K
$253.5K – $338.0K
NOI $20,277 @ 7.0% cap · market cap 6.15%
Second Best
Apartment 5plus
$266.9K
$233.6K – $311.4K
NOI $18,684 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$568.2K
$497.2K – $662.9K
NOI $39,774 @ 7.0% cap · market cap 12.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Renovated triplex with three updated units, including a lower-level unit with newly added egress window.
Where is this triplex located?
The property is located at 7217 Pennsylvania Avenue Youngstown, OH.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Fully renovated Cape Cod triplex with 5 bedrooms and 3 bathrooms; Two units already leased through 2027; Improvements since 2020 include new roof, replacement windows, updated electrical, and new front and rear concrete porches
