Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4636 Mahoning Ave NW Warren, OH 44483
    Back to Search
    Property profile & analytics

    4636 Mahoning Ave NW, Warren, OH 44483

    View on Map
    • Apartment buildings
    For Sale
    $435,000
    View Listing →
    Turn-Key 6-Unit Apartment Building For Sale
    $435,000
    0.65 Acres

    Turn-Key 6-Unit Apartment Building

    Investment opportunity with perpetual occupancy in a sought-after location.

    4636 Mahoning NW Avenue, Warren, OH 44483
    View Listing
    Property ID
    US66-1472291
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 4636 Mahoning Ave NW

    Year built
    1930
    Property type
    Apartment buildings

    Description

    Unlock the perfect addition to your investment portfolio with this exceptional 6-unit apartment rental opportunity. Seamlessly turn-key and boasting perpetual occupancy, this property offers immediate income generation with minimal effort. Situated in Champion, in a sought-after location, each unit ... is meticulously maintained, ensuring consistent cash flow and long-term appreciation potential. With a proven track record of high occupancy rates and reliable tenants in place, this investment promises stability and growth. Call today for a private showing!!

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Trumbull
    State
    Ohio
    Longitude
    -80.845214
    Latitude
    41.284576

    Comparable in this City

    • Contact for pricing

      Turn-Key 6-Unit Apartment Building

      Investment opportunity with perpetual occupancy in a sought-after location.
      4636 Mahoning Ave NW, Warren, OH 44483
      View Details
    • Contact for pricing
      4,464 SF

      Mixed-Use Property with Income Potential

      Retail/office building with mobile home pads and self-storage units.
      3050 Elm Rd NE, Warren, OH 44483
      View Details
    • $279,000
      4,656 SF

      Mixed-Use Property in Downtown Warren

      Dual-zoned commercial/residential property with flexible layout and high visibility.
      1214 E Market St, Warren, OH 44483
      View Details
    • Contact for pricing

      Industrial Land Near Amazon Facility

      Industrial zoned acreage in active corridor near Amazon Distribution Facility.
      661 Perkins Jones Rd NE, Warren, OH 44483
      View Details
    • Contact for pricing
      0.20 Acres

      Residential Land in Warren, Ohio

      Buildable residential land suitable for home construction or recreational use.
      436 Idylwild St, Warren, OH 44483
      View Details
    • Contact for pricing
      0.64 Acres

      Warren, OH Land Parcels

      Five vacant residential lots available for sale in Warren, Ohio.
      506 Federal St NW, Warren, OH 44483
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Turn-Key 6-Unit Apartment Building

      Investment opportunity with perpetual occupancy in a sought-after location.
      4636 Mahoning Ave NW, Warren, OH 44483
      View Details
    • Contact for pricing
      4,464 SF

      Mixed-Use Property with Income Potential

      Retail/office building with mobile home pads and self-storage units.
      3050 Elm Rd NE, Warren, OH 44483
      View Details
    • $279,000
      4,656 SF

      Mixed-Use Property in Downtown Warren

      Dual-zoned commercial/residential property with flexible layout and high visibility.
      1214 E Market St, Warren, OH 44483
      View Details
    • $120,000
      2,880 SF

      Warren Commercial Building Investment

      Prime Warren location, leased dry cleaner.
      1024 Market St, Warren, OH 44483
      View Details
    • $109,900
      2,446 SF

      Versatile Office Building For Sale

      2,446 SF building suitable for office or medical use.
      1542 Woodland St NE, Warren, OH 44483
      View Details
    • $850,000

      Prime Corner Lot in Warren

      Large corner lot in Warren's downtown, suitable for business.
      333 South Park Avenue Ext, Warren, OH 44483
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,242 SF

      Retail Plaza on Elm Road

      19,440 SF plaza with ample parking and visibility.
      1791-1839 Elm Rd NE, Warren, OH 44483
      View Details
    • Contact for pricing

      Renovated Warehouse / Flex Buildings

      Newly renovated warehouse/flex buildings with drive-in doors and high power.
      1328 N River Rd NW, Warren, OH 44483
      View Details
    • Contact for pricing
      11,136 SF

      Warehouse with Fenced Yard

      22,500 SF warehouse with offices and a 4+ acre yard.
      3801 Elm Rd NE, Warren, OH 44483
      View Details
    • Contact for pricing
      6,996 SF

      Turnkey Medical Facility For Rent

      Turnkey medical facility near Mercy Hospital and Kent State Trumbull.
      4554 Mahoning Ave NW, Warren, OH 44483
      View Details
    • Contact for pricing

      Retail Space in Busy Plaza

      Last retail space available in a plaza with national tenants.
      4301 Mahoning Ave Northwest, Warren, OH 44483
      View Details
    • $2,750 /Mo
      435,600 SF

      Downtown Warren Versatile Commercial Space

      Versatile commercial space in downtown Warren, suitable for various businesses.
      145 W Market St, Warren, OH 44483
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4636 Mahoning Ave NW
    Warren, OH 44483
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4636 Mahoning Ave NW, Warren, OH, 44483
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!