2417-2419 Elm St · Youngstown, OH 44505

$114,900

4 bd · 2.0 ba · 3,120 sqft · MultiFamily · 71 Days on market

Built 1922 Fair condition 7,492 sqft lot

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.2/5.0
• Schools +0.9/10.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed

Listing remarks

Welcome to this well-maintained two-story brick duplex, offering both comfort and convenience in a desirable Youngstown location. This up-and-down duplex features a classic brick exterior that provides timeless curb appeal, along with a two-car detached garage for added value and functionality. Each unit offers generous living space, making it an excellent opportunity for an owner-occupant seeking rental income or an investor looking for a strong addition to their portfolio. The solid construction, thoughtful layout, and spacious garage make this property a standout. With its prime location near local amenities, schools, and major routes, this duplex combines practical living with long-term

Key facts

• Brick duplex
• Prime location
• 7,492 sq ft lot

Tags

• BRICK DUPLEX
• TWO CAR DETACHED GARAGE
• GENEROUS LIVING SPACE
• PRIME LOCATION

Property features AI

Finance

• Financial info: One building; 3-bed unit currently leased at $750/month

Exterior

• Parking: Detached garage; Garage with 2 spaces
• Utilities: Public water; Public sewer
• Home design: Two-story building
• Construction: Built in public-record year (source: public records); Asphalt/fiberglass roof
• Exterior features: Brick construction; Lot about 0.172 acres

Interior

• Bedrooms: One unit with 2 bedrooms; One unit with 3 bedrooms
• Bathrooms: Two full bathrooms total; Each unit includes 1 bathroom
• Heating & cooling: Baseboard heating
• Interior features: Full, unfinished basement; Total of 10 rooms

What this means for you Summary

Snapshot

• This is a 2 × 2-bed/1.0-bath units multifamily listed at $115k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $732 ($9k/yr) — positive. Per door: $366/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $115k).
• Recommended offer: $108k (6.0% below list) — sets the bar for market timing.
• Cap rate 13.9% vs local median 7.0% in Youngstown — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 81/100 on livability (#99 in OH, #1,506 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, cost of living A+; Watch: crime F, employment F.
• Youngstown City (urban): math 8% / reading 17% proficiency, ranked #649 of 656 in OH (top 99%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 88% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 80 active listings in the ZIP; lower-income renter base — watch delinquency; 147 units permitted in Mahoning County in 2024 (0 in 5+ unit buildings).
• At $1,932/mo this rent would consume 64% of the median local household income ($36k/yr) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $794 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Mahoning County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $32k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 71 days — a 6% lower offer ($108k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 12y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1922 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $108,006 (6.0% below list)

Questions for the listing agent

1. It's been on market 71 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
5. Built in 1922 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.68% ✓
• Cap rate: 13.94%
• Cash-on-cash: 27.31%
• DSCR: 2.22
• GRM: 5.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 21.3%
• Equity multiple: 1.87×
• Total profit: $28,047
• Equity at exit: $17,132

10-year hold

• IRR: 29.5%
• Equity multiple: 3.63×
• Total profit: $84,593
• Equity at exit: $9,934

Cash invested: $32,172 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 73 Landlord-Friendly
• State Ohio: 73 Landlord-Friendly · R+6
• County: — inherits STATE
• City: — inherits STATE

3-day notice; Cleveland / Columbus have some habitability code enforcement; otherwise landlord-leaning.

Methodology + full state rankings →

ZIP-level market 44505

• Home prices YoY: -14.5%
• Active inventory: 80
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $1,932 medium
• Mortgage (P&I): −$603
• Tax est. 1.5%: −$144 /mo · $1,724/yr
• Insurance: −$48
• HOA: −$0
• Vacancy / Maint / Mgmt: −$406
• Net cashflow: $732

Break-even live

Break-even rent $1,005

Max offer price $114,900

Occupancy floor 57%

Sensitivity live

Price	-10% $812	-5% $772	+0% $732	+5% $693	+10% $653
Rent	-10% $580	-5% $656	+0% $732	+5% $809	+10% $885
Rate	-1.0pp $790	-0.5pp $761	base $732	+0.5pp $702	+1.0pp $672

2-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 2× units	2	1	$1,932
Total (2 units)			$1,932

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $28,725
• Closing costs: $3,447
• Reserves months: —
• Total cash needed: —

Listing history 28 events

1. 2026-06-19
   days on market $114,900 Active 71 DOM
2. 2026-06-18
   days on market $114,900 Active 70 DOM
3. 2026-06-17
   days on market $114,900 Active 69 DOM
4. 2026-06-16
   days on market $114,900 Active 68 DOM
5. 2026-06-15
   days on market $114,900 Active 67 DOM
6. 2026-06-14
   days on market $114,900 Active 65 DOM
7. 2026-06-13
   days on market $114,900 Active 64 DOM
8. 2026-06-10
   days on market $114,900 Active 62 DOM
9. 2026-06-09
   days on market $114,900 Active 61 DOM
10. 2026-06-08
    days on market $114,900 Active 60 DOM
11. 2026-06-07
    days on market $114,900 Active 59 DOM
12. 2026-06-03
    days on market $114,900 Active 55 DOM
13. 2026-06-02
    days on market $114,900 Active 54 DOM
14. 2026-06-01
    days on market $114,900 Active 53 DOM
15. 2026-05-31
    days on market $114,900 Active 52 DOM
16. 2026-05-30
    days on market $114,900 Active 51 DOM
17. 2026-05-18
    status Active
18. 2026-05-04
    historical Contingent
19. 2026-04-29
    status Active
20. 2026-04-14
    historical Contingent
21. 2026-04-09
    listed $114,900 Active
22. 2026-03-30
    historical
23. 2026-01-27
    price $119,000
24. 2026-01-09
    listed $99,900 Active
25. 2015-04-16
    historical
26. 2015-03-17
    status Active
27. 2014-12-30
    historical
28. 2014-10-16
    listed $43,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥97°F today · 16 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 3/10 Moderate 1 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $23,184
• − Mortgage interest: −$6,436
• − Property taxes: −$1,724
• − Insurance: −$574
• − Repairs & maintenance: −$1,855
• − Management: −$1,855
• − Depreciation: −$3,343
• Taxable income: $7,398
• Est. tax owed @ 24.0%: −$1,775
• After-tax cash flow: $7,011/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 9 photos

Fair 45/100 Moderate rehab

This two-story brick duplex requires significant repairs and maintenance to improve its condition and value. The home's exterior, roof, and foundation are in poor condition, and the landscaping is overgrown. Addressing these issues will significantly enhance its resale and rental value.

Repairs flagged

• Major Exterior siding — Significant damage and wear
• Major Roof — Moss and possible damage
• Major Exterior paint — Peeling and poor condition
• Major Landscaping — Overgrown and unkempt
• Major Stairs and railings — Worn and in need of repair
• Major Garage door — Damaged
• Major Foundation — Uneven and in need of repair

Value-add opportunities

• Resale Paint exterior — Fresh paint enhances curb appeal
• Resale Repair roof — A new roof improves the home's appearance and value
• Both Trim and landscape — A well-maintained exterior boosts both resale and rental value
• Both Repair stairs and railings — A safe and attractive entrance enhances both resale and rental value
• Both Repair garage door — A functional and attractive garage door improves both resale and rental value
• Both Repair foundation — A stable foundation ensures the home's structural integrity and boosts both resale and rental value

Renovation cost estimate screening

Repair item	Severity	Est. cost
Exterior siding · Significant damage and wear	Major	$15,000–50,000
Roof · Moss and possible damage	Major	$15,000–50,000
Exterior paint · Peeling and poor condition	Major	$15,000–50,000
Landscaping · Overgrown and unkempt	Major	$15,000–50,000
Stairs and railings · Worn and in need of repair	Major	$15,000–50,000
Garage door · Damaged	Major	$15,000–50,000
Foundation · Uneven and in need of repair	Major	$15,000–50,000
Total estimated repair cost · 7 items		$105,000–350,000

Value-add ROI direction

• Resale Paint exterior — Fresh paint enhances curb appeal ↑
• Resale Repair roof — A new roof improves the home's appearance and value ↑
• Both Trim and landscape — A well-maintained exterior boosts both resale and rental value ↑
• Both Repair stairs and railings — A safe and attractive entrance enhances both resale and rental value ↑
• Both Repair garage door — A functional and attractive garage door improves both resale and rental value ↑
• Both Repair foundation — A stable foundation ensures the home's structural integrity and boosts both resale and rental value ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Youngstown City
• NCES district ID: 3904516
• Math proficiency: 8% ▼ -15.00%
• Reading proficiency: 17% ▼ -10.00%
• Median HH income: $25,257
• Composite: 9.29/100
• National rank: #9858
• State rank: #649 of 656 in OH

Livability — Youngstown

• Score: 81/100
• State rank: #99
• US rank: #1506

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime F Employment F Housing A+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Youngstown, OH
• County: Mahoning · 224,175 people
• City population: 28,503
• Metro: Youngstown-Warren, OH
• Population (ZIP): 16,449
• Household income: $36,480
• Rent vs Own: 47.5% rent · 52.5% own
• Severe rent burden: 10.8

Population outlook (Mahoning County) Hauer SSP2

• Today (2025): 223,932 people
• By 2030: 218,387 · -2.5%
• By 2040: 205,367 · -8.3%
• By 2050: 193,606 · -13.5%
• By 2075: 173,694 · -22.4%
• By 2100: 151,147 · -32.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.68)
• Race & ethnicity: Black 42% White 37% Two or more races 15% Hispanic / Latino 12%
• Hispanic origin (detail): Puerto Rican 10%
• Common ancestry: Romanian 2% Scotch-Irish 1%
• Foreign-born: 3% · Canada
• Languages at home: 88% English-only · Spanish 9% Arabic 1% French/Haitian/Cajun 1%

Political lean MEDSL · Mahoning

• 2024 margin: Lean R (+9.4) · D 44.9% · R 54.4%
• 2008→2024 swing: -36.1pp toward R · 2008: 26.6pp · 2024: -9.4pp
• All cycles: 2024: R+9.4 2020: R+1.9 2016: D+3.0 2012: D+27.7 2008: D+26.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -32.64%
• Current HPI: 192.3375
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 1.98%
• F500 in state: 48

Industry mix (Fortune 500 HQ in OH)

Industry	F500 HQs	Revenue
▸Insurance	3	$145B
▸Industrial Machinery	3	$49B
▸Financial Services	3	$24B
▸Consumer Goods	2	$93B
▸Aerospace / Defense	2	$47B
▸Utilities	2	$33B

Price history

+161.7% since first listed

12 events — show timeline

• 2026-05-18 Relisted — MLSNOW
• 2026-05-04 Contingent — MLSNOW
• 2026-04-29 Relisted — MLSNOW
• 2026-04-14 Contingent — MLSNOW
• 2026-04-09 Listed $114,900 MLSNOW
• 2026-03-30 Listing Removed — MLSNOW
• 2026-01-27 Price Changed $119,000 MLSNOW
• 2026-01-09 Listed $99,900 MLSNOW
• 2015-04-16 Listing Removed — MLSNOW
• 2015-03-17 Relisted — MLSNOW
• 2014-12-30 Listing Removed — MLSNOW
• 2014-10-16 Listed $43,900 MLSNOW