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12-Unit Apartment Buildings
For Sale
$850,000

3033 & 3029 Fredrick Street, Youngstown, OH 44505

CommercialSale, Youngstown, OH

Property SizeContact for details
Lot Size0.25 Acres
Days on Market68

Property Features for 3033 & 3029 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 Belmont Ave to Fredrick St.
Standard status Active
APN 12-376696
Lot size 0.25 Acres

Additional Details

Tenant in Place Yes

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
Buildings 2
Listing Agency: Burgan Real Estate
Listed By: Susan M Filipovich · License #2007000460
Added: Aug 28 Changed: Oct 24 Last Checked: Nov 3 at 8:06PM
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.

Rey
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Investment Insights

Based on property information with market context.

This offering includes two apartment buildings totaling 12 units, sold together as one package. The unit mix comprises seven two-bedroom apartments and five one-bedroom apartments. One ground-floor apartment has been configured as a one-bedroom unit with a separately accessed storage area; the layout can be returned to a two-bedroom arrangement. The property was built in 1971.

At 3033 Fredrick Street, improvements include newer windows, metal-wrapped brick molds, vinyl-covered soffits and eaves, a newer front entry door, a boiler installed in 2026, a 2023 roof, and hallway carpet approximately six years old. The building at 3029 Fredrick Street also has newer windows, metal-wrapped brick molds, vinyl-covered soffits and eaves, a newer front door, a roof approximately nine years old, and hallway carpet replaced approximately five to six years ago. Tenants pay electric service, while ownership handles trash, gas, water, heat, and exterior CAM.

Key Highlights

  • 12 apartment units across two buildings sold as one package
  • Unit mix includes 7 two‑bedroom and 5 one‑bedroom apartments
  • Ground‑floor unit includes separately entered storage and can be converted back to 2 bedrooms

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Two apartment buildings offer a varied one- and two-bedroom unit mix with separately entered storage space.
Where is this apartment building located?
The property is located at 3033 & 3029 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 apartment units across two buildings sold as one package; Unit mix includes 7 two‑bedroom and 5 one‑bedroom apartments; Ground‑floor unit includes separately entered storage and can be converted back to 2 bedrooms
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