1580 Florencedale Avenue, Youngstown, OH 44505

$265,000
12
BD
4
BA

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$265,000
List Price
$245,000
Status
CLOSED
Days on Market
63
Closing Date
Oct 29, 2025
MLS#
5152090
Subtype
Residential Income
Year Built
1922
Bedrooms
12
Bathrooms
4
Full Baths
4
Acres
0.21
Subdivision
City/Youngstown
Neighborhood
City/Youngstown
MLS Area Major
Youngstown

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!

Additional Information

Taxes
$1,435
Heating
Forced Air
Air Conditioning
None
Stories
2
Levels
Two
Roof
Flat
Parking Features
Asphalt
School District
Youngstown CSD - 5014

Listing Courtesy of: Raymond Griggy, ray.griggy@gmail.com With Keller Williams Chervenic Rlty

Selling Office: EXP Realty, LLC..

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now and updated as of . Real estate listings held by brokerage firms other than Coldwell Banker Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information provided is deemed reliable but is not guaranteed and should be independently verified. © 2026 MLS Now. All Rights Reserved.