1701 Ohio Ave · Youngstown, OH 44504

$129,900

4 bd · 2.0 ba · 2,584 sqft · MultiFamily public records · 82 Days on market

Built 1920 4,007 sqft lot Est $111k · 17% over

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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
• DSCR +10.0/10.0
• 1% rule +9.9/10.0
• Appreciation +8.4/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.9/10.0
• ARV discount +0.0/15.0

Multi-family units

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

Listing remarks MLS

Fully occupied INVESTORS DREAM!!! Outstanding Brick Duplex with 2 apartments, first floor unit has Foyer, LR, DR, Kit, 2 bedrooms, full bath. This home has a wonderful paying tenant at $725/month leased through March 2023. Tenant has been here for 3+ years and has no intentions of moving soon. Also has access to coin laundry in divided basement and handicap exterior ramp, beautiful interiors! Apartment 2 has 4 bedrooms, Foyer, Living room, dining room, Kitchen with range & refrigerator, updated ceramic tile, carpet and shower with the coolest second level Deck! Currently rented at $850/mo. Lease runs until July of 2023. Owner pays NO UTILITIES. . TENANTS PAY ALL!!! Corner lot right across the street from Super Kid Child Care Center! Sidewalk community, Bus line available, near YSU College and great shopping, restaurants too! Also very close to several neighborhood parks and recreation for families. This area is called the Historic North Heights' district! Beautiful Brick building with

Key facts

• Sidewalk community
• Second level deck
• Brick duplex

Tags

• BRICK DUPLEX
• DIVIDED BASEMENT
• WHEELCHAIR ACCESSIBLE RAMP
• SECOND LEVEL DECK
• CORNER LOT
• SIDEWALK COMMUNITY

Property features AI

Finance

• Other: One building on the lot
• Financial info: Gross annual income reported: $20,100; Unit rents: one unit $850 (leased through 7/31/2026), one unit $825 (leased through 2/28/2027); Owner pays repairs; tenants pay all utilities (electricity, gas, water, sewer, trash collection)

Exterior

• Parking: Drive-through parking
• Utilities: Public water; Public sewer
• Home design: Brick construction; Asphalt/fiberglass roof
• Construction: Brick exterior; Asphalt and fiberglass roof
• Exterior features: Corner lot; Updated / remodeled condition

Interior

• Kitchen: No kitchen appliance details provided
• Bedrooms: One unit: 2-bedroom; One unit: 4+ bedroom
• Bathrooms: Two full bathrooms (total in building); Each unit has 1 bathroom
• Heating & cooling: Forced-air heating; Gas heating
• Interior features: Full basement
• Laundry & utility: Laundry located in basement

What this means for you Summary

Snapshot

• This is a 2 × 3-bed/1.0-bath units multifamily listed at $130k.

Deal economics

• At list price, monthly cash flow is $759 ($9k/yr) — positive. Per door: $380/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $130k).
• Recommended offer: $122k (6.0% below list) — sets the bar for market timing.
• Cap rate 13.3% 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: 28 active listings in the ZIP; 1 comparable units currently listed for rent nearby; lower-income renter base — watch delinquency; 147 units permitted in Mahoning County in 2024 (0 in 5+ unit buildings).
• At $1,939/mo this rent would consume 58% of the median local household income ($40k/yr) (locally 16% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $10k of equity ($898 loan paydown + $9k appreciation (6.7% local appreciation)).
• Mahoning County population projected at -14% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (6.7% appreciation + 3.0% rent growth), your $36k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 4, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 82 days — a 6% lower offer ($122k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 4y 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.
• Current owner paid $106k; 23% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1920 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $122,106 (6.0% below list)

Questions for the listing agent

1. It's been on market 82 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. Built in 1920 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. 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?
8. 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.
9. 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.
10. 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: 1.49% ✓
• Cap rate: 13.31%
• Cash-on-cash: 25.05%
• DSCR: 2.11
• GRM: 5.6

CMA / ARV

• ARV (on-the-fly): $111,112
• Comps found: 1

Show comp detail 1 sale within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1336 Elm St	0.35mi	5/2.0 (+1)	2,254 (-13%)	13mo	$98,000	$43	46

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

6.72% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 37.7%
• Equity multiple: 3.51×
• Total profit: $91,462
• Equity at exit: $87,661

10-year hold

• IRR: 34.5%
• Equity multiple: 7.32×
• Total profit: $229,828
• Equity at exit: $164,425

Cash invested: $36,372 (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 44504

• Home prices YoY: 4.0%
• Active inventory: 28
• Price-to-rent: 11.2×

Monthly cashflow live

• Estimated rent: $1,939 high
• Mortgage (P&I): −$681
• Tax from tax record: −$37 /mo · $445/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$407
• Net cashflow: $759

Break-even live

Break-even rent $978

Max offer price $129,900

Occupancy floor 56%

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

Units	Beds	Baths	Est. rent
▸ 2× units	3	1	$1,940
Total (2 units)			$1,939

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: $32,475
• Closing costs: $3,897
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
351 Lincoln Ave Youngstown, OH	3.0–5.0	3.0–5.0	1527	$760	$0.50	13d	10	1.20mi

Listing history 10 events

1. 2026-03-16
   historical Contingent
2. 2026-03-06
   listed $129,900 Active
3. 2022-10-31
   soldstatus $106,000 Closed 1006-char remark

   Show marketing remark (1006 chars)

   Fully occupied INVESTORS DREAM!!! Outstanding Brick Duplex with 2 apartments, first floor unit has Foyer, LR, DR, Kit, 2 bedrooms, full bath. This home has a wonderful paying tenant at $725/month leased through March 2023. Tenant has been here for 3+ years and has no intentions of moving soon. Also has access to coin laundry in divided basement and handicap exterior ramp, beautiful interiors! Apartment 2 has 4 bedrooms, Foyer, Living room, dining room, Kitchen with range & refrigerator, updated ceramic tile, carpet and shower with the coolest second level Deck! Currently rented at $850/mo. Lease runs until July of 2023. Owner pays NO UTILITIES. . TENANTS PAY ALL!!! Corner lot right across the street from Super Kid Child Care Center! Sidewalk community, Bus line available, near YSU College and great shopping, restaurants too! Also very close to several neighborhood parks and recreation for families. This area is called the Historic North Heights' district! Beautiful Brick building with

4. 2022-10-31
   soldstatus $106,000

   Show marketing remark (1006 chars)

   Fully occupied INVESTORS DREAM!!! Outstanding Brick Duplex with 2 apartments, first floor unit has Foyer, LR, DR, Kit, 2 bedrooms, full bath. This home has a wonderful paying tenant at $725/month leased through March 2023. Tenant has been here for 3+ years and has no intentions of moving soon. Also has access to coin laundry in divided basement and handicap exterior ramp, beautiful interiors! Apartment 2 has 4 bedrooms, Foyer, Living room, dining room, Kitchen with range & refrigerator, updated ceramic tile, carpet and shower with the coolest second level Deck! Currently rented at $850/mo. Lease runs until July of 2023. Owner pays NO UTILITIES. . TENANTS PAY ALL!!! Corner lot right across the street from Super Kid Child Care Center! Sidewalk community, Bus line available, near YSU College and great shopping, restaurants too! Also very close to several neighborhood parks and recreation for families. This area is called the Historic North Heights' district! Beautiful Brick building with

5. 2022-10-03
   status Pending 1006-char remark

   Show marketing remark (1006 chars)

   Fully occupied INVESTORS DREAM!!! Outstanding Brick Duplex with 2 apartments, first floor unit has Foyer, LR, DR, Kit, 2 bedrooms, full bath. This home has a wonderful paying tenant at $725/month leased through March 2023. Tenant has been here for 3+ years and has no intentions of moving soon. Also has access to coin laundry in divided basement and handicap exterior ramp, beautiful interiors! Apartment 2 has 4 bedrooms, Foyer, Living room, dining room, Kitchen with range & refrigerator, updated ceramic tile, carpet and shower with the coolest second level Deck! Currently rented at $850/mo. Lease runs until July of 2023. Owner pays NO UTILITIES. . TENANTS PAY ALL!!! Corner lot right across the street from Super Kid Child Care Center! Sidewalk community, Bus line available, near YSU College and great shopping, restaurants too! Also very close to several neighborhood parks and recreation for families. This area is called the Historic North Heights' district! Beautiful Brick building with

6. 2022-09-26
   listed $99,900 Active 1006-char remark

   Show marketing remark (1006 chars)

   Fully occupied INVESTORS DREAM!!! Outstanding Brick Duplex with 2 apartments, first floor unit has Foyer, LR, DR, Kit, 2 bedrooms, full bath. This home has a wonderful paying tenant at $725/month leased through March 2023. Tenant has been here for 3+ years and has no intentions of moving soon. Also has access to coin laundry in divided basement and handicap exterior ramp, beautiful interiors! Apartment 2 has 4 bedrooms, Foyer, Living room, dining room, Kitchen with range & refrigerator, updated ceramic tile, carpet and shower with the coolest second level Deck! Currently rented at $850/mo. Lease runs until July of 2023. Owner pays NO UTILITIES. . TENANTS PAY ALL!!! Corner lot right across the street from Super Kid Child Care Center! Sidewalk community, Bus line available, near YSU College and great shopping, restaurants too! Also very close to several neighborhood parks and recreation for families. This area is called the Historic North Heights' district! Beautiful Brick building with

7. 2016-04-11
   soldstatus $30,900
8. 2004-11-16
   soldstatus $15,000
9. 1998-05-01
   soldstatus $46,000
10. 1997-12-15
    soldstatus $122,000

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

Tax reassessment forecast OH · Partial reset (capped growth)

• Current annual tax: $445 · $37/mo
• Projected year-2 tax: $1,236 · $103/mo
• Expected delta: +$791/yr (+$66/mo · 177.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

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 · 15 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: $23,268
• − Mortgage interest: −$7,276
• − Property taxes: −$445
• − Insurance: −$650
• − Repairs & maintenance: −$1,861
• − Management: −$1,861
• − Depreciation: −$3,779
• Taxable income: $7,395
• Est. tax owed @ 24.0%: −$1,775
• After-tax cash flow: $7,338/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.

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): 5,185
• Household income: $40,156
• Rent vs Own: 58.9% rent · 41.1% own
• Severe rent burden: 15.7

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 0.65)
• Race & ethnicity: White 45% Black 38% Two or more races 8% Asian 5% Hispanic / Latino 4%
• Common ancestry: Italian 4% Serbian 1% Romanian 1%
• Foreign-born: 7% · Canada, Dominican Republic, South Korea
• Languages at home: 93% English-only · Other Indo-European 4% Spanish 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: ▲ 6.72%
• Current HPI: 174.9495
• 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

+6.5% since first listed

10 events — show timeline

• 2026-03-16 Contingent — MLSNOW
• 2026-03-06 Listed $129,900 MLSNOW
• 2022-10-31 Sold (Public Records) $106,000 Public Records
• 2022-10-31 Sold (MLS) $106,000 MLSNOW
• 2022-10-03 Pending — MLSNOW
• 2022-09-26 Listed $99,900 MLSNOW
• 2016-04-11 Sold (Public Records) $30,900 Public Records
• 2004-11-16 Sold (Public Records) $15,000 Public Records
• 1998-05-01 Sold (Public Records) $46,000 Public Records
• 1997-12-15 Sold (Public Records) $122,000 Public Records

Property tax history

+2.8%/yr

Latest (2025): $445 · -11.8% YoY. Source: county tax records.