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$265,000
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Property Description
Turnkey 4-Plex Investment Property - Fully Renovated & Cash-Flowing Investor's Dream! This fully updated 4-unit multifamily property is producing $45,000 annually in gross rental income with positive cash flow from day one. Each unit has been completely renovated, making this a true turnkey opportunity for seasoned investors or those just starting their rental portfolio. Property Highlights: Four 3 bedroom Units - Fully Updated Inside & Out, Brand New Roof & Gutters, All 4 Furnaces Replaced, All 4 Hot Water Tanks Replaced, Modern Kitchens in Every Unit, Four Brand-New Bathrooms, New Decks on Each Unit, Driveway Recently Re-Sealed Investment Details: Gross Rents: $45,000/year, All 4 Units are Section 8 Approved and occupied - Guaranteed Monthly Income. Turnkey Property - No Work Needed. Just 2 miles from YSU campus, close to hospitals, shopping, and major employers. This is a high-demand rental location with stable tenants and reliable cash flow. The current owner has already invested in all the big-ticket upgrades, giving you peace of mind and maximum return on investment. Whether you're looking to expand your portfolio or secure a rock-solid first investment, this multifamily income property checks all the boxes. Call today before this one is gone!
Full Property Details
Full Property Details for 1580 Florencedale Ave
General
- Sold For: $265,000
- Taxes: $1,435 (2024)
- Status: Closed
- Type: Multi-Family
- Source: 505
- MLS ID: 5152090
- Added to Site: 95 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 12
Parking
- Parking Features: Asphalt
Location
- County: Mahoning
- Township: Youngstown
- Subdivision: City/Youngstown
- Driving Directions: east on saran ave, right on florencedale.
School Information
- Elem School District: Youngstown CSD - 5014
- Midd School District: Youngstown CSD - 5014
- High School District: Youngstown CSD - 5014
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Flat
- Stories/Levels: 2
- Year Built: 1922
- Year Built Source: Public Records
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 0.207
- Lot Size: .207
- Lot Size Source: Assessor
Financial Considerations
- Operating Expenses: $9,390
- Tax Amount: $1,435
- Tax Year: 2024
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: LOT 13673 45 X 200 SARANAC
- Property ID: 53-011-0-157.00-0
Listed by Keller Williams Chervenic Rlty, Raymond Griggy
Sold by EXP Realty, LLC., Brian P Winners
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Schools
Schools serving 1580 Florencedale Ave
School District:Youngstown City School District
| Name | Grades | Distance |
|---|---|---|
Harding Elementary School 1903 Cordova Avenue, Youngstown, OH 44504 | PK-5 | 0.5 mi |
East High School, Youngstown, OH 474 Bennington Avenue, Youngstown, OH 44505 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1580 Florencedale Ave
Date
Details
Price
Change
Source
10/29/2025
Sold
$265,000
8.16%
MLS
10/16/2025
Listed
$245,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1580 Florencedale Avenue, Youngstown, OH 44505 (MLS# 5152090) is a Multi-Family property that was sold at $265,000 on October 29, 2025. Want to learn more about 1580 Florencedale Avenue? Do you have questions about finding other Multi-Family real estate for sale in Youngstown? You can browse all Youngstown real estate or contact a Coldwell Banker agent to request more information.
