850 Mathews Road, Youngstown, OH 44512
Local realty services provided by:Better Homes and Gardens Real Estate Central
850 Mathews Road,Youngstown, OH 44512
$310,000
- 8 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: ray hall
Office: keller williams chervenic realty
MLS#:5231061
Source:OH_NORMLS
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Price summary
- Price:$310,000
About this home
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....
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Home facts
- Year built:1969
- Listing ID #:5231061
- Added:55 day(s) ago
- Updated:September 24, 2026 at 06:31 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Kitchen Description:Range, Refrigerator
Heating and cooling
- Cooling:Window Units
- Heating:Gas, Radiant
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1969
- Construction Materials:Brick
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$310,000
- Tax amount:$3,651 (2025)
Features and amenities
- Appliances:Range, Refrigerator, Washer
- Laundry features:Dryer, Washer
Parking
- Parking description:Covered Parking
- Carport spaces:4
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