12-Unit Apartment Building
New
For Sale
$850,000
3041 & 3037 Frederick Street, Youngstown, OH 44505
CommercialSale, Youngstown, OH
Property SizeContact for details
Lot Size0.26 Acres
Days on Market3
Property Features for 3041 & 3037 Frederick 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
Last Checked: Aug 30 at 2:06PM
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 multifamily offering includes two apartment buildings sold together, with 12 units in total. Each building contains four two-bedroom apartments and two one-bedroom apartments. Both properties were built in 1971 and feature newer windows, metal-wrapped brick mold, soffit and eave coverings in white vinyl installed approximately 5–6 years ago, newer front doors, and hallway carpeting replaced approximately 6–7 years ago.
The buildings use steam and hot-water heating systems. The boiler at 3041 Frederick is approximately 8 years old, while the boiler at 3037 Frederick dates to 2023. The roof at 3041 Frederick was replaced in 2024, and the roof at 3037 Frederick is identified as 2026. Tenants pay electric service; ownership covers trash, gas, water, heat, and exterior CAM. The combined site encompasses 0.26 acres.
The buildings use steam and hot-water heating systems. The boiler at 3041 Frederick is approximately 8 years old, while the boiler at 3037 Frederick dates to 2023. The roof at 3041 Frederick was replaced in 2024, and the roof at 3037 Frederick is identified as 2026. Tenants pay electric service; ownership covers trash, gas, water, heat, and exterior CAM. The combined site encompasses 0.26 acres.
Key Highlights
- 12 units across two apartment buildings sold as one package
- Each building includes four 2‑bedroom units and two 1‑bedroom units
- 1971 construction with newer windows, front doors, and metal‑wrapped brick mold
Property Analytics
Property Profile
Current Use
Lease Details
12
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-building multifamily property with updated building components and owner-paid utilities.
Where is this apartment building located?
The property is located at 3041 & 3037 Frederick 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 two apartment buildings sold as one package; Each building includes four 2‑bedroom units and two 1‑bedroom units; 1971 construction with newer windows, front doors, and metal‑wrapped brick mold
