Apartment Building with Coin
For Sale
Contact for pricing
3023 Frederick St, Youngstown, OH 44505
Five six-plex buildings total 30 units, with coin-operated laundry and recent exterior and roof improvements.
Property SizeContact for details
Days on Market121
Property Features for 3023 Frederick St
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
30
Listing Agency:
Burgan Friedkin Commercial Group
(330) 759-2383
Listed By:
Alan Friedkin · License #BRKP.2007005189
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 5:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Burgan Friedkin Commercial Group
Investment Insights
Based on property information with market context.
This offering consists of five six-plex apartment buildings totaling 30 units. The unit mix includes 19 two-bedroom apartments and 11 one-bedroom apartments. Coin-operated washers and dryers generate approximately $4,600 per year, and the property is reported with gross revenue of $258,880 and total expenses of $83,030, resulting in an NOI of $175,849.50. The exterior has seen updates including flat roofs installed within the last six years, and new windows and siding within the last three years. Parking blacktop is reported as eight years old, and multiple upgrades and apartment remodeling projects are noted.
The buildings are located at 3023 Frederick St in Youngstown, Ohio 44505. According to the seller, the property may be structured and sold as a smaller portfolio, including a 6-plex configuration (12 units), a 12-plex configuration (24 units), or the full 30-unit package.
The buildings are located at 3023 Frederick St in Youngstown, Ohio 44505. According to the seller, the property may be structured and sold as a smaller portfolio, including a 6-plex configuration (12 units), a 12-plex configuration (24 units), or the full 30-unit package.
Key Highlights
- Five six‑plex buildings with 30 total units: 19 two‑bedroom apartments and 11 one‑bedroom apartments
- Coin‑operated washer and dryers generate approximately $4,600 per year
- Gross revenue $258,880 and total expenses $83,030 with NOI of $175,849.50
Property Analytics
Current Use
Lease Details
30
Residential units
Location Intelligence
Trade Area within ½ mile
643
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Five six-plex buildings total 30 units, with coin-operated laundry and recent exterior and roof improvements.
Where is this apartment building located?
The property is located at 3023 Frederick St Youngstown, OH.
What are key features of this property?
This property features: Five six‑plex buildings with 30 total units: 19 two‑bedroom apartments and 11 one‑bedroom apartments; Coin‑operated washer and dryers generate approximately $4,600 per year; Gross revenue $258,880 and total expenses $83,030 with NOI of $175,849.50
