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12-Unit Apartment Building Package
New
For Sale
$850,000

3033 & 3029 Fredrick Drive, Youngstown, OH 44505

CommercialSale, Youngstown, OH

Property SizeContact for details
Lot Size0.25 Acres
Days on Market3

Property Features for 3033 & 3029 Fredrick Drive

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 Belmont Ave to Fredrick St.
Standard status Active
APN 12-376696
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 12&13 98.6925F NPT&S PT BAYTON REP OR RICHARDS 2 FREDRICK ST
Tax Annual Amount 7790
Legal Description 12&13 98.6925F NPT&S PT BAYTON REP OR RICHARDS 2 FREDRICK ST

Utilities

Heating system Hot Water(Heating), Steam

Building Details

Year built 1971
Listing Agency: Burgan Real Estate
Listed By: Susan M Filipovich · License #2007000460
Added: Aug 28 Last Checked: Aug 30 at 10:06AM
MLS# 5238923

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 offering includes 12 apartments across two buildings at 3033 and 3029 Fredrick Drive. The unit mix comprises seven two-bedroom residences and five one-bedroom residences. One ground-floor apartment is configured as a one-bedroom unit with separately accessed storage; the layout can be returned to a two-bedroom arrangement. The property was built in 1971 and sits on approximately 0.2507 acres.

Building improvements include newer windows, metal-wrapped brick mold, vinyl-covered soffits, and updated front doors at both addresses. The 3033 building has a 2023 roof, hallway carpet approximately six years old, and a boiler noted for 2026. The 3029 building has a roof approximately nine years old and hallway carpet replaced approximately five to six years ago. Heating systems include hot water and steam. Tenants pay electric, while ownership pays for trash, gas, water, heat, and exterior CAM.

Key Highlights

  • 12 apartments across two buildings sold together at 3033 and 3029 Fredrick Drive
  • Unit mix includes 7 two‑bedroom and 5 one‑bedroom residences
  • Ground‑floor one‑bedroom unit includes separately accessed storage and can be returned to a 2‑bedroom layout

Property Analytics

Current Use

Apartment buildings

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

643
Businesses Nearby

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

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

What type of property is this?
Apartment building - Two-building package with a mix of one- and two-bedroom residences.
Where is this apartment building located?
The property is located at 3033 & 3029 Fredrick Drive 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 apartments across two buildings sold together at 3033 and 3029 Fredrick Drive; Unit mix includes 7 two‑bedroom and 5 one‑bedroom residences; Ground‑floor one‑bedroom unit includes separately accessed storage and can be returned to a 2‑bedroom layout
More about this property
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