826 michigan ave, Youngstown, OH 44504
Vacant 7-bedroom duplex near YSU and Wick Park.
- Added:
- Jul 1, 2025
- Days on Market:
- 369
- Last Refresh:
- Mar 16 at 1:18 pm
Property Features for 826 michigan ave
General Information
- Standard status
- Active
- Size
- 3,233 SF
- Property subtype
- Multifamily, Special Purpose
Listing office Keller Williams Chervenic Real
Listing date Jul 1, 2025
Source Crexi
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 Keller Williams Chervenic Real
HighLights
- Vacant duplex with immediate rental income potential from 7 bedrooms.
- Less than 10‑minute walk to YSU, with the YSU Penguin Shuttle stop directly in front.
- Each floor features a kitchen and full bath, enhancing tenant appeal.
- Metal roof is less than 5 years old.
- Shared laundry space and ample parking available.
- Additional storage in the basement and shed.
Overview
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 | $33.0k | $10.20 |
| − Vacancy | −$1.9k | −$0.58 |
| EGI | $31.1k | $9.62 |
| − OpEx | −$9.3k | −$2.89 |
| NOI | $21.8k | $6.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Youngstown
- County
- Mahoning
- State
- Ohio
- Longitude
- -80.6501722
- Latitude
- 41.1120992
