Prime Investment Opportunity: Warren Triplex with Adjacent House
Welcome to this exceptional triplex property located in Warren, Ohio, boasting three fully rented units and an additional rented house next door, totaling four income-producing units.
With the owner covering utilities for the triplex and tenants responsible for utilities in the house, this property offers a convenient and efficient rental arrangement.
Adding to its appeal, the property features ample parking options including a parking lot adjacent to the building and a detached parking area, ensuring convenience for both tenants and guests.
This well-maintained property presents a lucrative investment opportunity, currently generating over $3,000 in monthly income before expenses.
Don't miss the chance to capitalize on this outstanding investment property in Warren—schedule a viewing today and secure your future income stream!
Closed
$141,500
550 Freeman St NW, Warren, OH 44483
7beds
1,584sqft
Quadruplex, Multi Family
Built in 1920
-- sqft lot
$160,100 Zestimate®
$89/sqft
$961 Estimated rent
Home value
$160,100
$141,000 - $178,000
$961/mo
Zestimate® history
Owner options
List your home for rent
$961/mo
Rent Zestimate®
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$961/mo
Rent Zestimate®
Refinance and save
$962/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$962/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
Alexsey Plotnikov 330-729-5004support@gonatasrealestate.com,
Gonatas Real Estate LLC,
Dennis D Gonatas Sr. 330-501-8300,
Gonatas Real Estate LLC
Bought with:
Lori Beulah, 2016000459
Gonatas Real Estate LLC
Source: MLS Now,MLS#: 5030419
Originating MLS: Youngstown Columbiana Association of REALTORS
Originating MLS: Youngstown Columbiana Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard
Cooling
- None
Features
- Basement: Full
Interior area
- Total structure area: 1,584
- Total interior livable area: 1,584 sqft
- Finished area above ground: 1,584
Property
Parking
- Parking features: Detached Carport, Driveway, Gravel, Parking Lot
Features
- Levels: Three Or More
Lot
- Size: 8,250 sqft
Details
- Parcel number: 39146851
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Aluminum Siding
- Roof: Asphalt,Fiberglass
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Warren
- Subdivision: John V Waldecks 1st Add
Price history
| Date | Event | Price |
|---|---|---|
| 9/3/2024 | Sold | $141,500-5.6%$89/sqft |
Source:  MLS Now #5030419 Report a problem | ||
| 6/13/2024 | Pending sale | $149,900$95/sqft |
Source: MLS Now #5030419 Report a problem | ||
| 5/30/2024 | Price change | $149,900-6.3%$95/sqft |
Source: MLS Now #5030419 Report a problem | ||
| 5/21/2024 | Price change | $159,900-11.1%$101/sqft |
Source: MLS Now #5030419 Report a problem | ||
| 5/13/2024 | Price change | $179,900-7.7%$114/sqft |
Source: MLS Now #5030419 Report a problem | ||
| 4/25/2024 | Price change | $194,900-7.1%$123/sqft |
Source: MLS Now #5030419 Report a problem | ||
| 4/15/2024 | Listed for sale | $209,900+438.2%$133/sqft |
Source: MLS Now #5030419 Report a problem | ||
| 3/12/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/19/2024 | Price change | $800+14.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/16/2024 | Listed for rent | $700 |
Source: Zillow Rentals Report a problem | ||
| 7/29/1996 | Sold | $39,000$25/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $844 +1.9% | $16,350 |
| 2024 | $828 +2% | $16,350 +2.9% |
| 2023 | $812 +42.5% | $15,890 +80.8% |
| 2022 | $570 -0.2% | $8,790 |
| 2021 | $571 -0.1% | $8,790 |
| 2020 | $572 -1.1% | $8,790 +4.1% |
| 2019 | $578 +0.3% | $8,440 |
| 2018 | $576 +1.6% | $8,440 |
| 2017 | $567 -6.1% | $8,440 -9.3% |
| 2016 | $604 +0.6% | $9,310 |
| 2015 | $600 +0.6% | $9,310 |
| 2014 | $597 -10.5% | $9,310 -15.1% |
| 2013 | $667 +0.4% | $10,960 |
| 2012 | $664 0% | $10,960 +0% |
| 2011 | $664 -38.4% | $10,955 -45.3% |
| 2010 | $1,079 +1.4% | $20,020 |
| 2008 | $1,064 -8.8% | -- |
| 2006 | $1,167 +1.4% | -- |
| 2005 | $1,151 +3.9% | $22,785 |
| 2004 | $1,108 +0% | -- |
| 2003 | $1,107 +14.2% | -- |
| 2002 | $969 +5.8% | -- |
| 2001 | $917 +0.3% | -- |
| 2000 | $913 | -- |
Find assessor info on the county website
Neighborhood: 44483
Nearby schools
GreatSchools rating
- 4/10Willard Avenue K-8 SchoolGrades: PK-8Distance: 2.6 mi
- 2/10Warren G Harding High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- District: Warren CSD - 7820
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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$160,100
2% more
+$3,202
With Zillow Showcase(estimated)
$163,302
- Ohio
- Trumbull County
- Warren
- 44483
- 550 Freeman St NW
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