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Updated Six-Unit Apartment Building
For Sale
$535,000

5120 Glenwood Avenue, Youngstown, OH 44512

CommercialSale, Youngstown, OH

Property SizeContact for details
Lot Size0.37 Acres
Days on Market94

Property Features for 5120 Glenwood Avenue

General Information

Property type Commercial Sale
Property subtype Apartment
Rooms Basement
Parking features Carport
Subdivision Kellgreen 1
Elementary school district Boardman LSD - 5002
Middle school district Boardman LSD - 5002
High school district Boardman LSD - 5002
Directions Glenwood to Shields Building sits on corner
Standard status Active
APN 29-070-0-187.00-0
Lot size 0.37 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 25 112 X 145 IRR KELLGREEN PLAT 1
Tax Annual Amount 5379
Legal Description LOT 25 112 X 145 IRR KELLGREEN PLAT 1

Utilities

Heating system Natural Gas

Amenities

stainless steel appliances
granite countertops
extra storage closets
carport

Building Details

Year built 1965
Roof type Rubber
Listing Agency: Keller Williams Chervenic Realty · Keller Williams Realty
Listed By: Vonda Palcisco · License #2008000156
Added: May 29 Changed: Aug 19 Last Checked: Aug 30 at 1:06PM
MLS# 5214214

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 six-unit apartment property at 5120 Glenwood Avenue includes four two-bedroom apartments and two one-bedroom apartments. Five units feature stainless steel appliances, granite countertops, refreshed paint, and updated flooring. Each apartment has an additional storage closet. Building systems include new electrical boxes, code-updated wiring, furnaces, HVAC equipment, washers, dryers, and hot water tanks.

Constructed in 1965, the property occupies a 0.3728-acre corner lot in Youngstown, Ohio. A large parking area and carport serve the building. Natural gas heating, a rubber roof, and a basement round out the property’s physical features.

Key Highlights

  • Six units: four 2‑bedroom apartments and two 1‑bedroom apartments
  • Five units include stainless steel appliances, granite countertops, updated paint, and flooring
  • New electrical boxes and code‑updated wiring throughout the property

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Kitchen & Bath Showroom Grocery & Convenience Store Pharmacy Dental Office Building Supply

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

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

404
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Six residential units include a mix of one- and two-bedroom layouts with dedicated storage and on-site parking.
Where is this apartment building located?
The property is located at 5120 Glenwood Avenue Youngstown, OH.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Six units: four 2‑bedroom apartments and two 1‑bedroom apartments; Five units include stainless steel appliances, granite countertops, updated paint, and flooring; New electrical boxes and code‑updated wiring throughout the property
More about this property
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