3250 State Route 534Newton Falls, OH 44444

3250 State Route 534Newton Falls, OH 44444

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$1,000,000 Active
Multi Unit - Multiple MLS 5189043
8 beds 4 full baths 3,759 sqft

Listed By

Agency Name: Berkshire Hathaway HomeServices Stouffer Realty
Agency Contact: RochelleA@StoufferRealty.com, 330-518-6221

Shown By

Agency Title: Cutler Real Estate
Agency Phone: 888-763-7575

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Property Description

Rare 100-acre estate offering exceptional income potential, multi-generational flexibility, and endless possibilities in a peaceful countryside setting. This unique property includes multiple residential units, extensive outbuildings, and valuable on-site energy resources?ideal for investment, agricultural use, or a private country retreat. The main residence offers approximately 1,500 sq ft with 3 bedrooms and 2 full baths. Unit B provides an additional 1,180 sq ft with 3 bedrooms, 1 bath, and separate laundry. Unit C, originally designed as an in-law suite, adds approximately 1,100 sq ft with 2 bedrooms and 1 bath. These three units were once a single residence and can be converted back with minimal modification. A fourth dwelling, a 500 sq ft 2-bedroom, 1-bath trailer, offers additional rental or guest accommodations. Five substantial outbuildings support farming, storage, workshops, livestock, or business operations. Structures include a two-story main barn (45' x 38'), second barn (24' x 30'), two-story garage (33' x 28'), Quonset hut (42' x 50'), and pool shed (12' x 18'). An on-site gas well services the property and provides monthly royalty income, adding long-term value and utility savings. With expansive acreage, multiple residences, extensive infrastructure, and built-in income streams, this property presents a rare opportunity for investors, large households, agricultural ventures, or anyone seeking space, privacy, and versatility in one remarkable setting.

3250 State Route 534 | MLS# 5189043

This multi-family property located at 3250 State Route 534, Newton Falls, OH 44444 is currently listed for sale with an asking price of $1,000,000. State Route 534 is located within the Newton Falls Exempted Village school district. Search Newton Falls real estate on 542snivelyavenuenw.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Walk-Out Access
Basement: Yes
Cooling: Central Air
Garage: 16
Heating: Baseboard
Lot Size: 100.22 Acres
Roof Type: Asphalt, Fiberglass, Shingle
Stories: 2.0
Taxes: $6,262 / year
Year Built: 1900

Feature Descriptions

Exterior: Vinyl Siding
Parcel#: 51-096250
Parking: Circular Driveway, Concrete, Carport, Detached Carport, Driveway, Detached, Garage
Sewer: Septic Tank
Swimming Pool: Yes
Water: Well

Local Schools

School District: Newton Falls Exempted Village

Demographics

Trumbull County Demographic Information for 3250 State Route 534, Newton Falls, OH 44444
Fips
Fips Code 39155
Population
2020 to 2023 Change down 0.8%
2010 Count 210,312
2020 Count 201,977
2023 Estimate (V2023) 200,373
2020 Estimate (V2023) 202,064
Age Distribution (Years Old)
0 to 4 5.2%
5 to 17 20.4%
18 to 64 51.9%
65 and Older 22.5%
Gender
Male 49.1%
Female 50.9%
Place of Birth
Foreign 1.3%
US 98.7%
Education
High School Graduate, Age 25+ 89.6%
Bachelor's Degree or Higher, Age 25+ 20.0%
Computer and Internet use
Households with a computer 88.6%
Households with a broadband Internet subscription 81.6%
Language
English is Second Language, Age 5+ 4.8%
English is First Language, Age 5+ 95.2%
Veterans
Veterans 14,209
Income
Per Capita Income $30,294
Median Household Income $53,537
People in Poverty 16.2%
Commute
Average Work Commute Time 24 minutes
Housing
Total Housing Units 94,469
Households 85,042
Average Household Size 2.33
Owner-Occupied 71.7%
Multi-Family 15.7%
Owner-Occupied Median Value $121,400
Median selected monthly owner costs -with a mortgage $1,094
Median selected monthly owner costs -without a mortgage $460
Median gross rent $752
Building Permits
New Private Housing Issued 2023 97
Years at Residence
1 Year or More 91.5%
Less Than 1 Year 8.5%
Business and Employment
Private non-farm Establishments 3,788
Private non-farm Employment 51,982
Private non-farm Employment Growth down 6.4%
Nonemployer Establishments 13,950
Number of Firms 15,885
Business Production
Value of Shipments $6,017,704,000
Wholesale Trade $1,791,432,000
Retail Trade $2,584,704,000
Retail Sales Per Capita $12,031
Accommodation and Food Services $300,291,000
Land
Land Area 618.30 sq. miles
Population Per Square Mile 341

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 5,692.51 per month $4,879.01 Principal & Interest $521.83 Property Tax $291.67 Homeowner's Insurance

Change Payment Information

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)
Croos Country Mortgage