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  • $219,900

    1451 E Market St, Warren, OH 44483

    4beds
    6,468sqft
    : 
    $1,534/mo
    Get pre-qualified
    Single Family Residence
    Built in 1898
    0.85 Acres Lot
    $-- Zestimate®
    $34/sqft
    $-- HOA

    What's special

    Private officeStaff officeTwo parcelsWelcoming reception areaFour exam roomsThree restroomsTwo private-entry residential apartments
    ATTENTION INVESTORS & OWNER-OCCUPANTS! Exceptional mixed-use investment opportunity located at 1451 East Market Street, Warren, Ohio. This versatile three-story property offers approximately 4,700 square feet on a 0.66-acre corner lot and boasts a strong 13.4% cap rate with additional upside potential through future rent increases and property improvements. Adding tremendous value, the seller is investing **$59,000 in a brand-new roof and gutter system**, providing peace of mind and reducing future capital expenses. The first floor is currently configured as a professional medical office featuring a welcoming reception area, staff office, four exam rooms, treatment room, private office, kitchenette, and three restrooms. The second floor includes **two private-entry residential apartments**, each offering a living room, kitchen, bedroom, and full bath—creating multiple income streams and live-work possibilities. The third floor includes a half bath and was previously utilized for records storage, offering potential for additional office, storage, or income-producing space subject to zoning and approvals. Positioned directly across from the former Trumbull Memorial Hospital campus, this highly visible location is ideal for medical, professional, service-based businesses, or investors seeking a stable income-producing asset. The property includes approximately 25 on-site parking spaces, two parcels, and benefits from Residential B zoning, allowing flexibility for a variety of future uses. As an added bonus, a vacant city lot adjacent to the north side of the parking lot may be available for future development, creating even more long-term value potential. Strong rent roll. Multiple income streams. Significant upside. Properties offering this combination of cash flow, flexibility, location, and future potential are hard to find. Call today to schedule your private showing!
    233 days
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    381
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    20
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    Zillow last checked:

    Listing updated:

    Listed by:

    John N Eaton 330-219-5758 johneaton@howardhanna.com,

    Howard Hanna,

    Dominic Mararri 330-989-0132,

    Howard Hanna

    Source: MLS Now,MLS#: 5174936Originating MLS: Youngstown Columbiana Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 3
      • 1/2 bathrooms: 2
      • Main level bathrooms: 3
      Heating
      • Baseboard, Forced Air, Gas
      Cooling
      • Central Air
      Features
      • Basement: Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 6,468
      • Total interior livable area: 6,468 sqft
      • Finished area above ground: 6,468
      Video & virtual tour

      Property

      Parking
      • Parking features: No Garage, Unpaved
      Features
      • Levels: Three Or More,Two
      • Stories: 2
      Lot
      • Size: 0.85 Acres
      Details
      • Additional parcels included: 38642810
      • Parcel number: 38642820

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Conventional
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Roof: Asphalt,Fiberglass
      Condition
      • Year built: 1898

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Fairmount Drive
      HOA
      • Has HOA: No
      Location
      • Region: Warren

      Financial & listing details

      • Price per square foot: $34/sqft
      • Tax assessed value: $130,900
      • Annual tax amount: $3,038
      • Date on market: 12/2/2025
      • Cumulative days on market: 215 days
      • Listing agreement: Exclusive Right To Sell

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/25/2026Listed for sale$219,900$34/sqft
        Source: MLS Now #5174936 Report a problem
        6/7/2026Pending sale$219,900$34/sqft
        Source: MLS Now #5174936 Report a problem
        3/20/2026Price change$219,900-8.3%$34/sqft
        Source: MLS Now #5174936 Report a problem
        2/23/2026Price change$239,900-7.7%$37/sqft
        Source: MLS Now #5174936 Report a problem
        12/2/2025Listed for sale$259,900+425.1%$40/sqft
        Source: MLS Now #5174936 Report a problem
        5/2/2019Sold$49,500-75.3%$8/sqft
        Source: MLS Now #4066394 Report a problem
        2/18/2019Pending sale--
        Source: Kiko #4066394 Report a problem
        1/28/2019Listed for sale--
        Source: Kiko #4066394 Report a problem
        8/21/1995Sold$200,000$31/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,011 +2%$45,820
        2024$2,951 -0.6%$45,820
        2023$2,968 -10.1%$45,820 +3.9%
        2022$3,303 +0.3%$44,100
        2021$3,294 -19.9%$44,100 -19.8%
        2020$4,113 -2%$55,020
        2019$4,198 +0.6%$55,020
        2018$4,175 +2.7%$55,020
        2017$4,064 -19.6%$55,020 -18.7%
        2016$5,053 +0.7%$67,660
        2015$5,018 +0.9%$67,660
        2014$4,976 $67,660
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 44483

        Getting around

        53 / 100
        Somewhat Walkable
        49 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Howland LSD - 7808

        Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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