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1351 Mazda Ave NE, Warren, OH, 44483

1beds
2baths
480sqft
$115,000
$240price/sqft
$987/moest. monthly cost
$39,480/yrincome needed

About This Home

Investor opportunity! This charming bungalow is packed with updates and already generating rental income. The current tenant has a signed lease through May 1, 2027, would love to stay, making this a true turnkey investment property. Inside, the home offers 1 bedroom, 1.5 bathrooms, and a full basement. Major updates completed in 2022 include a new roof, furnace, hot water tank, electrical panel, most windows, and a new gas line to the street. Additional improvements include fresh paint and updated flooring. Enjoy outdoor living with a covered front porch, covered rear patio, and a new wooden privacy fence, creating a private space to relax or entertain. A standout feature is the impressive 40’ x 24’ detached 3-car garage/outbuilding, complete with three overhead doors, a concrete floor, abundant built-in cabinetry for exceptional storage and organization, and drywall with insulation. The outbuilding also features a wood burner that efficiently heats the entire space, making it ideal for year-round use. Whether you’re a hobbyist, woodworker, car enthusiast, or simply need extra room for storage or projects, this versatile building offers endless possibilities. This well-maintained property combines modern updates, excellent amenities, and immediate rental income—an outstanding addition to any investment portfolio.

Getting Around

36
WalkingCar-Dependent
0
TransitVery Limited Transit
58
BikeBikeable

Schools

4/10
Lincoln K-8 SchoolGrades PK-80.9 mi
2/10

Construction

Condition

  • Year built: 1946

Materials

  • Roof: Asphalt
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Refrigerator
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Finished area above ground: 480

Heating & Cooling

  • Heating features: Forced Air,Gas
  • Cooling features: None

Interior Area

  • Total structure area: 480
  • Total interior livable area: 480 sqft

Property

Details

  • Parcel number: 38364820

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Rear Porch,Front Porch
  • Exterior features: Private Yard
  • Fencing: Privacy

Lot

  • Lot size: 6,969 sqft
  • Features: Corner Lot,City Lot

Parking

  • Total spaces: 3
  • Parking features: Detached,Garage,Gravel
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Hail
Lightning
Tornado
Winter Weather

FEMA Declared Disasters Across Ohio Counties

Flood
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $581$6,972
Home Insurance *$87$1,044
Property Taxes $126$1,512
Electricity $193$2,320
Total$987$11,844
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$33,840/yr
40% on housing$29,610/yr
45% on housing$26,320/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.2%
10.2%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$240This listing

vs Other Active Listings

Avg $/sqft

ZIP 44483$77
Trumbull County$103

vs Homes Sold Last Month

Median $/sqft

ZIP 44483$100
Trumbull County$116

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-23Price change$115,000
2022-07-05Pending sale$57,900
2022-07-01Sold$56,000
2022-05-13Contingent$57,900
2022-05-05Listed for sale$57,900
2021-10-29Sold$3,000

For Sale by Agent

AgentJill M Anderson
BrokerageWilliam Zamarelli, Inc.

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