6-Unit Apartment
8136 Stadler Avenue, Boardman, OH 44512
For Sale
Contact for pricing
Brick-and-wood multifamily property with covered resident parking and partially updated interiors.
Property Size6,150 SF
Price / SF$78.86
Days on Market101
Property Features for 8136 Stadler Avenue
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Highway Access
Building Details
Year Built
Buildings
Construction
Listing Agency:
CENTURY 21 Lakeside Realty
Listed By:
Dawn Nicholas · License #OH C2001014344
(330) 565-1085
Source:
Crexi
Added: Jul 31
Changed: Nov 5
Last Checked: Nov 6 at 6:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Lakeside Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6-unit apartment building contains 6,150 square feet and was constructed in 1979. Each residence offers 2 bedrooms, 1 full bath, and a private covered carport enclosed on three sides. The exterior combines brick and wood siding, while approximately half of the units have been updated within the past eight years. A vacant unit is available for showings, providing access to the interior layout without disturbing occupants.
The property is located on Stadler Avenue in Boardman, Ohio, with convenient access to major highways, shopping centers, restaurants, medical facilities, schools, and everyday services. Long-term occupants contribute to an established tenant base, and the property is currently producing rental income.
The property is located on Stadler Avenue in Boardman, Ohio, with convenient access to major highways, shopping centers, restaurants, medical facilities, schools, and everyday services. Long-term occupants contribute to an established tenant base, and the property is currently producing rental income.
Key Highlights
- 6‑unit apartment building with 6,150 square feet
- Each unit includes 2 bedrooms and 1 full bath
- Private covered carport for every unit, enclosed on three sides
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,163
Cap Rate
7.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$763,260
$763.3K
Cap Rate 7%
$545,186
$545.2K
Cap Rate 9%
$424,033
$424.0K
Market Conditions
NOI Build-Up for 6,150 SF
Gross rent
$73.8K $12.00/SF
− Vacancy
−$4.4K −$0.72/SF
EGI
$69.4K $11.28/SF
− OpEx
−$31.2K −$5.08/SF
NOI
$38.2K $6.21/SF
Area
Mahoning County, OH
Vacancy
5.98%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$763,260
Cap Rate 7%
$545,186
Cap Rate 9%
$424,033
Alternative Uses
Best Use
Apartment 5plus
$545.2K
$477.0K – $636.1K
NOI $38,163 @ 7.0% cap · market cap 7.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.16M
$1.02M – $1.35M
NOI $81,239 @ 7.0% cap · market cap 16.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
592
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Apartment building - Brick-and-wood multifamily property with covered resident parking and partially updated interiors.
Where is this apartment building located?
The property is located at 8136 Stadler Avenue Boardman, OH.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 6‑unit apartment building with 6,150 square feet; Each unit includes 2 bedrooms and 1 full bath; Private covered carport for every unit, enclosed on three sides
