49 Doors – Cleveland, Youngstown, Boardman, & Warren, OH

$4,786,899

Youngstown, OH

For Sale

Multifamily

Active

Last Updated: 10/15/2025

Details:

Cap Rate: 10%

NOI: $478,690

Offered by

Marketing Team

Operations Manager

AiCRE Partners

Highlights:

Comprehensive Regional Coverage: Strategic mix of four key Ohio markets.
Fully Stabilized Portfolio: All units rented and cash-flowing.
Strong Rental Base: Majority Section 8 or cash tenants offer dependable monthly revenue.
Future Upside: Opportunities for rent increases and space optimization.

Description:

Properties: 42 single-family homes, including 5 duplexes and 1 triplex
Total Doors: 49
Asking Price: $4,786,899
Cap Rate: 10%
Net Operating Income (NOI): $478,690
Gross Rent: $597,300
Expenses:

Insurance: $22,155

Taxes: $19,721

Water: $14,700

Property Management: $29,400

Repairs & Maintenance: $32,634