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850 Mathews Road

Youngstown, OH 44512

$345,000 $1,454/Mo

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Overview

Bed

Bath

0.59

Acre(Lot)

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 additi onal 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.

Property Details

Property Type : Residential Income

Price : $345,000

AD Id : 88648698

MLS Id : 5231061

Beds : 8

Lot Size : 0.59 Acre

Year Built : 1969

County : Mahoning

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 8

Bathroom Information

Total Baths: 4 Full Baths: 4
Roofing Information

Asphalt, Fiberglass
Interior Features

Roof: Asphalt, Fiberglass Appliances: Dryer, Range, Refrigerator, Washer Laundry Features: Common Area, Lower Level, Laundry Room
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Radiant Has Cooling: Yes Cooling: Window Unit(s)

Building Information

Year Built: 1969 Construction Materials: Brick Stories: 2 Private Pool: No
Exterior Features

Exterior Features: Storage

Lot Information

Main Square Feet: 0.59 Acres Lot Size Acres: 0.59 Lot Size Source: Assessor Lot Description: See Remarks

Listing Price Information

Listing Price: $345000

Tax Information

Parcel Number: 29-015-0-174.00-0 Tax Year: 2025 Annual Tax: $3651

Parking Information

Asphalt, Covered, Detached Carport, Parking Lot

Location Information

Direction: South Ave. to Mathews Rd WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
321 Meadowbrook Avenue, Youngstown, OH, 44512	$349,900	5	3	2,716	2,716 SqFt
4337-4339 Chester Drive, Youngstown, OH, 44512	$190,000	4	2	2,940	2,940 SqFt

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.

ByOwner last updated this listing 08/06/2026 @ 10:07

MLS: 5231061 LISTED BY: Ray Hall, Keller Williams Chervenic Realty 330-967-4300 SOURCE: MLS Now