Two-Building Apartment
For Sale
$850,000
3041 & 3037 Fredrick Street, Youngstown, OH 44505
CommercialSale, Youngstown, OH
Property SizeContact for details
Lot Size0.26 Acres
Days on Market17
Property Features for 3041 & 3037 Fredrick Street
General Information
Property type
Commercial Sale
Property subtype
Apartment
Subdivision
Richards #2
Elementary school district
Liberty LSD - 7813
Middle school district
Liberty LSD - 7813
High school district
Liberty LSD - 7813
Directions
From Belmont Ave, go to Fredrick St
Standard status
Active
APN
12-600608
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
21&22 98.6925F N PT&ALL BAYTOS REP OR RICHARDS 2 FREDRICK ST
Tax Annual Amount
7717
Legal Description
21&22 98.6925F N PT&ALL BAYTOS REP OR RICHARDS 2 FREDRICK ST
Utilities
Heating system
Steam, Hot Water(Heating)
Building Details
Year built
1971
Listing Agency:
Burgan Real Estate
(330) 783-0055
Listed By:
Susan M Filipovich · License #2007000460
(330) 599-9336
Added: Aug 28
Changed: Sep 1
Last Checked: Sep 13 at 10:06PM
MLS# 5239682
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This apartment property includes 12 units across two buildings offered together on a 0.26-acre site. Each building contains four two-bedroom apartments and two one-bedroom apartments, creating a combined mix of 8 two-bedroom and 4 one-bedroom units. Both buildings date to 1971 and use steam and hot water heating.
Building improvements include newer windows, updated front doors, metal-wrapped brick molds, and soffit and eave coverings completed 5–6 years ago. The 3041 building has a roof dated 2024 and an approximately 8-year-old boiler, while 3037 has a boiler dated 2023 and a roof dated 2026. Hallway carpeting in both buildings was replaced 6–7 years ago. Tenants pay electric; ownership covers trash, gas, water, heat, and exterior CAM.
Building improvements include newer windows, updated front doors, metal-wrapped brick molds, and soffit and eave coverings completed 5–6 years ago. The 3041 building has a roof dated 2024 and an approximately 8-year-old boiler, while 3037 has a boiler dated 2023 and a roof dated 2026. Hallway carpeting in both buildings was replaced 6–7 years ago. Tenants pay electric; ownership covers trash, gas, water, heat, and exterior CAM.
Key Highlights
- 12 units across 2 apartment buildings sold as a package
- Combined unit mix includes 8 two‑bedroom and 4 one‑bedroom apartments
- 0.26‑acre site; both buildings constructed in 1971
Property Analytics
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Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
643
Businesses Nearby
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Business Placement
Demographics for 44505, OH
17,048
Population
7,524
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
86%
High-School Grad
18.0 sq mi
ZIP Area
947
Density / Sq Mi
$36,480
Median Household Income
$28,270
Median Earnings
$644
Median Rent
$82,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Income-producing apartment package with refreshed building components and owner-paid utilities.
Where is this apartment building located?
The property is located at 3041 & 3037 Fredrick Street Youngstown, OH.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 12 units across 2 apartment buildings sold as a package; Combined unit mix includes 8 two‑bedroom and 4 one‑bedroom apartments; 0.26‑acre site; both buildings constructed in 1971
