Listed price in listed location currency (USD).
$345,000

840

MLS® 5231061

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage 
Taxes $3,651
Days Active 1
Lot Size 0.59 Acres
Approx. Age 1969
MLS® Number 5231061

Property Address: 850 Mathews Road, Youngstown, OH, 44512

Average square foot calculated using Size range provided by listing agent.

Description

Premier Multi-Family Portfolio Acquisition | 8 Total Units | Value-Add & Future Development Potential Exceptional opportunity to acquire two adjacent four-unit apartment buildings located at 850 Mathews Rd. (MLS #5231061) and 860 Mathews Rd. (MLS #5231371) in Youngstown, Ohio. Offered together as a single portfolio acquisition, investment consists of eight remodeled 2-bedroom, 1-bath units housed in low-maintenance brick buildings. The properties offer attractive curb appeal with decorative shutters and elegant etched-glass entry doors complemented by matching sidelights, creating a welcoming first impression and enhancing the overall appearance of the buildings. Each property features covered carports and coin-operated laundry facilities. The combination of stable occupancy and additional revenue sources makes this an outstanding addition to both new and seasoned investment portfolios. A unique feature of the portfolio is Unit 860-4, which offers the flexibility to serve as an owner's residence or an on-site property manager's suite. This upgraded unit features stainless steel appliances, a dishwasher, extended countertops, and a convenient breakfast bar, providing a more residential feel for owner-operators or management personnel. Beyond the current cash flow, these properties offer a compelling value-add opportunity. Each building sits on an oversized parcel that may provide potential for future expansion or redevelopment. Investors seeking to increase density or maximize long-term returns are encouraged to perform their own due diligence regarding zoning, approvals, utility availability, and development feasibility. Investment properties offering current income, value-add potential and attractive presentation are becoming increasingly difficult to find. Don't miss this chance to acquire a unique multi-family asset with both immediate cash flow and significant long-term upside.
MLS® Number5231061
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1969
Basement
DrivewayAsphalt, Covered, Detached Carport, Parking Lot
Garage Spaces
HeatGas, Radiant
A/CWindow Units

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 30, 2026List Date
$345,000List Price
  • Commute

Commute

Starting Address
Destination Address
850 Mathews Road, Youngstown, OH

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