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18-Unit Brick Apartment Complex
For Sale
$1,150,000

147-167 Shields Road, Boardman, OH 44512

CommercialSale, Boardman, OH

Property SizeContact for details
Lot Size1.28 Acres
Days on Market281

Property Features for 147-167 Shields Road

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning description Multi-Family
Rooms Laundry Room
Parking 36
Parking features Carport, Parking Lot
Patio and Porch features Patio
Elementary school district Boardman LSD - 5002
Middle school district Boardman LSD - 5002
High school district Boardman LSD - 5002
Directions Boardman Head north on Market St toward Crestline Pl 1.5 mi Turn left onto Shields Rd Destination will be on the left 0.2 mi 147 Shields Rd, Youngstown, OH 44512
Standard status Active
APN 290630028000
Lot size 1.28 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 12333

Utilities

Sewer type Public Sewer
Heating system Steam, Hot Water(Heating), Natural Gas, Zoned
Cooling system Wall Unit(s), Electric, Ceiling Fan(s)
Water source Public

Building Details

Year built 1970
Floors in Building 3
Number of units 18
Roof type Asphalt
Listing Agency: Gonatas Real Estate LLC
Listed By: Dennis D Gonatas Sr. · License #2023000272
Added: Nov 14, 2025 Changed: Aug 20 Last Checked: Aug 22 at 3:06AM
MLS# 5171296

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 multifamily property at 147-167 Shields Road comprises three brick apartment buildings with 18 total units. The unit mix includes 12 one-bedroom, one-bath apartments and six studio apartments. Built in 1970, the complex sits on 1.28 acres and was fully occupied according to the property information. Recent improvements include high-efficiency boilers, refreshed flooring in the common laundry areas, and coin-operated laundry machines.

Residents have access to carports and surface parking, along with patios. The property is served by public water and public sewer, with natural-gas heating using steam and hot-water systems. Cooling is provided through wall units and ceiling fans. The site is within the Boardman School District and is located near shopping, dining, schools, and major roadways in Boardman, Ohio.

Key Highlights

  • 18 total units across three brick apartment buildings
  • Unit mix includes 12 one‑bedroom, one‑bath apartments and six studios
  • 1.28‑acre site at 147‑167 Shields Road

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Dental Office Kitchen & Bath Showroom Building Supply Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

444
Businesses Nearby

Demographics for 44512, OH

33,282
Population
15,770
Households
2.1
Avg Household Size
44
Median Age
35%
College-Educated
94%
High-School Grad
17.0 sq mi
ZIP Area
1,958
Density / Sq Mi
$62,311
Median Household Income
$38,828
Median Earnings
$788
Median Rent
$158,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Three buildings provide mixed studio and one-bedroom layouts with shared laundry facilities, carports, and surface parking.
Where is this apartment building located?
The property is located at 147-167 Shields Road Boardman, OH.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 18 total units across three brick apartment buildings; Unit mix includes 12 one‑bedroom, one‑bath apartments and six studios; 1.28‑acre site at 147‑167 Shields Road
More about this property
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