6-Unit Apartment
New
For Sale
Contact for pricing
8136 Stadler Avenue, Boardman, OH 44512
Brick-and-wood multifamily property with covered resident parking and partially updated interiors.
Property Size6,150 SF
Price / SF$96.91
Days on Market7
Property Features for 8136 Stadler Avenue
General Information
Standard status
Active
Size
6,150 SF
Total Parking Spaces
6
Property subtype
Special Purpose
Units
Unit Mix
6 x 2BR/1BA
Multifamily Units
6
Additional Details
Highway Access
Yes
Building Details
Year Built
1979
Buildings
1
Construction
brick and wood siding
Listing Agency:
CENTURY 21 Lakeside Realty
Listed By:
Dawn Nicholas · License #OH C2001014344
Source:
Crexi
Added: Jul 31
Changed: Aug 3
Last Checked: Aug 6 at 6:40AM
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
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 For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.8k | $12.00 |
| − Vacancy | −$4.4k | −$0.72 |
| EGI | $69.4k | $11.28 |
| − OpEx | −$31.2k | −$5.08 |
| NOI | $38.2k | $6.21 |
6,150 SF · lease $12.00/SF/yr · vacancy 5.98% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$545.2K
$477.0K – $636.1K
NOI $38,163 @ 7.0% cap · market cap 6.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.16M
$1.02M – $1.35M
NOI $81,239 @ 7.0% cap · market cap 13.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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
Questions? Ask Rey
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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 $596,000.
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
