Seller's Agent in 2025
Ray Griggy
Keller Williams Chervenic Rlty
(330) 518-6311
4 in this area
318 Total Sales
1580 Florencedale Ave Youngstown, OH 44505
North Heights Neighborhood
12
Beds
4
Baths
--
Sq Ft
9,017
Sq Ft Lot
About This Home
As of October 2025Turnkey 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!
Last Agent to Sell the Property
Keller Williams Chervenic Rlty Brokerage Email: ray.griggy@gmail.com, 330-518-6311 License #2017004064 Listed on: 08/27/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,435
Year Built
- Built in 1922 | Remodeled
Lot Details
- 9,017 Sq Ft Lot
Home Design
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 12 Bedrooms
- 4 Full Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
Community Details
- City/Youngstown Subdivision
- Operating Expense $9,390
Listing and Financial Details
- Assessor Parcel Number 53-011-0-157.00-0
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/29/2025 10/29/25 | Sold | $265,000 | +8.2% | -- | |
| 09/01/2025 09/01/25 | Pending | -- | -- | -- | |
| 08/27/2025 08/27/25 | For Sale | $245,000 | +198.8% | -- | |
| 12/10/2019 12/10/19 | Sold | $82,000 | -3.5% | $17 / Sq Ft | View Prior Sale |
| 09/30/2019 09/30/19 | Pending | -- | -- | -- | |
| 09/26/2019 09/26/19 | For Sale | $85,000 | 0.0% | $17 / Sq Ft | |
| 08/23/2019 08/23/19 | Pending | -- | -- | -- | |
| 08/14/2019 08/14/19 | For Sale | $85,000 | -- | $17 / Sq Ft |
Source: MLS Now
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,243 | $19,010 | $1,280 | $17,730 |
| 2024 | $1,367 | $19,010 | $1,280 | $17,730 |
| 2023 | $1,369 | $19,010 | $1,280 | $17,730 |
| 2022 | $1,155 | $14,430 | $1,280 | $13,150 |
| 2021 | $1,157 | $14,430 | $1,280 | $13,150 |
| 2020 | $1,167 | $14,430 | $1,280 | $13,150 |
| 2019 | $1,196 | $14,430 | $1,280 | $13,150 |
| 2018 | $1,268 | $14,430 | $1,280 | $13,150 |
| 2017 | $1,205 | $14,430 | $1,280 | $13,150 |
| 2016 | $1,213 | $14,890 | $580 | $14,310 |
| 2015 | $1,337 | $14,890 | $580 | $14,310 |
| 2014 | $1,176 | $14,890 | $580 | $14,310 |
| 2013 | $1,155 | $14,890 | $580 | $14,310 |
Source: Public Records
Agents Affiliated with this Home
-
Ray Griggy
-
Brian Winners
Buyer's Agent in 2025
Brian Winners
EXP Realty, LLC.
(440) 666-8442
1 in this area
179 Total Sales
-
Joseph Merando
Seller's Agent in 2019
Joseph Merando
Klacik Real Estate
(330) 519-9809
2 in this area
129 Total Sales
-
Amanda Dillon
Buyer's Agent in 2019
Amanda Dillon
CENTURY 21 Lakeside Realty
(330) 330-8711
81 Total Sales
Map
Source: MLS Now
MLS Number: 5152090
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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