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8-Unit Brick Apartment Buildings
For Sale
$345,000

860 Mathews Road, Youngstown, OH 44512

Two adjacent brick buildings offer remodeled apartments, covered carports, and coin-operated laundry facilities.

Property SizeContact for details
Days on Market33

Property Features for 860 Mathews Road

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 8 x 2BR/1BA
Multifamily Units 8

Taxes and HOA fees

Annual Taxes $3,651

Amenities

covered carports
coin-operated laundry facilities

Building Details

Year Built 1969
Buildings 1
Construction brick
Listing Agency: Keller Williams Chervenic Realty
Listed By: Ray Hall · License #2020001761
Source: Carolgoffrealestate
Added: Jul 29 Changed: Aug 30 Last Checked: Aug 30 at 12:35AM

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 Keller Williams Chervenic Realty

Investment Insights

Based on property information with market context.

This multifamily portfolio combines two adjacent four-unit apartment buildings at 850 and 860 Mathews Road in Youngstown. The eight apartments have been remodeled and each includes two bedrooms and one bathroom. Low-maintenance brick construction, covered carports, and coin-operated laundry facilities serve the properties. Decorative shutters and etched-glass entry doors with matching sidelights add consistent exterior detailing.

Unit 860-4 includes stainless steel appliances, a dishwasher, extended countertops, and a breakfast bar. Its enhanced finish supports use as an owner residence or on-site manager’s suite. Each building occupies an oversized parcel, creating the possibility of future expansion or redevelopment subject to independent review of zoning, approvals, utilities, and feasibility. The properties were built in 1969.

Key Highlights

  • Eight remodeled 2‑bedroom, 1‑bath apartments across two adjacent four‑unit buildings
  • Low‑maintenance brick construction at 850 and 860 Mathews Road
  • Covered carports and coin‑operated laundry facilities at each property

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Hair Salon Building Supply Nail Salon Kitchen & Bath Showroom Auto Parts Store

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

183
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 - Two adjacent brick buildings offer remodeled apartments, covered carports, and coin-operated laundry facilities.
Where is this apartment building located?
The property is located at 860 Mathews Road Youngstown, OH.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: Eight remodeled 2‑bedroom, 1‑bath apartments across two adjacent four‑unit buildings; Low‑maintenance brick construction at 850 and 860 Mathews Road; Covered carports and coin‑operated laundry facilities at each property
More about this property
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