850 Mathews Road
Description
Exceptional opportunity to acquire two adjacent four-unit apartment buildings located at 850 Mathews Rd. (MLS #5231061) and 860 Mathews Rd. (MLS #5231371) in Youngstown, Ohio. Offered together as a single portfolio acquisition, investment consists of eight remodeled 2-bedroom, 1-bath units housed in low-maintenance brick buildings. The properties offer attractive curb appeal with decorative shutters...Premier Multi-Family Portfolio Acquisition | 8 Total Units | Value-Add & Future Development Potential
Exceptional opportunity to acquire two adjacent four-unit apartment buildings located at 850 Mathews Rd. (MLS #5231061) and 860 Mathews Rd. (MLS #5231371) in Youngstown, Ohio. Offered together as a single portfolio acquisition, investment consists of eight remodeled 2-bedroom, 1-bath units housed in low-maintenance brick buildings. The properties offer attractive curb appeal with decorative shutters and elegant etched-glass entry doors complemented by matching sidelights, creating a welcoming first impression and enhancing the overall appearance of the buildings. Each property features covered carports and coin-operated laundry facilities. The combination of stable occupancy and additional revenue sources makes this an outstanding addition to both new and seasoned investment portfolios. A unique feature of the portfolio is Unit 860-4, which offers the flexibility to serve as an owner's residence or an on-site property manager's suite. This upgraded unit features stainless steel appliances, a dishwasher, extended countertops, and a convenient breakfast bar, providing a more residential feel for owner-operators or management personnel. Beyond the current cash flow, these properties offer a compelling value-add opportunity. Each building sits on an oversized parcel that may provide potential for future expansion or redevelopment. Investors seeking to increase density or maximize long-term returns are encouraged to perform their own due diligence regarding zoning, approvals, utility availability, and development feasibility. Investment properties offering current income, value-add potential and attractive presentation are becoming increasingly difficult to find. Don't miss this chance to acquire a unique multi-family asset with both immediate cash flow and significant long-term upside.
- Listed by Ray Hall • Keller Williams Chervenic RealtyP: (330)-766-2664 C: (330)-766-2664 rayhall@kw.com
Property Details for 850 Mathews Road
Property Details for 850 Mathews Road
| Status | Active |
|---|---|
| MLS # | 5231061 |
| Days on Market | 2 |
| Taxes | $3,651 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Residential Income / Quadruplex |
| Year Built | 1969 |
| Lot Size | 0.59 AC / 25,700 SF |
| County | Mahoning County |
Location
Building Information for 850 Mathews Road
Payment Calculator
$2,058 per month
30 year fixed, 6.55% Interest
$1,754
$304
$0
Know your buying power with a preapproval and custom rate in minutes
1Property Information for 850 Mathews Road
- Directions: South Ave. to Mathews Rd
- Latitude: 41.039502
- Longitude: -80.63874
- Township: Boardman Twp
- Parcel Number: 29-015-0-174.00-0
- Tax Annual Amount: $3,651.00
- Tax Year: 2025
- Elementary School District: Boardman LSD - 5002
- High School District: Boardman LSD - 5002
- Middle or Junior School District: Boardman LSD - 5002
- Attached Garage: No
- Carport Spaces: 4.0
- Carport: Yes
- Garage: No
- Parking Features: Asphalt, Covered, Detached Carport, Parking Lot
- Virtual Tour URL Unbranded 3: https://www.propertypanorama.com/850-Mathews-Road-Youngstown-OH-44512/unbranded
- Lot Features: See Remarks
- Lot Size Acres: 0.59
- Lot Size Area: 0.59
- Lot Size Source: Assessor
- Lot Size Units: Acres
- Living Area Units: Square Feet
- Property Condition: Updated Remodeled
- Year Built: 1969
- Year Built Source: Public Records
- Construction Materials: Brick
- Levels: Two
- Number of Buildings: 1
- Sewer: Public Sewer
- Water Source: Public
- Appliances: Dryer, Range, Refrigerator, Washer
- Has Basement: No
- Full Bathrooms: 4
- Total Bathrooms Integer: 4
- Total Bedrooms: 8
- Cooling: Window Units
- Has Cooling: Yes
- Heating: Gas, Radiant
- Has Heating: Yes
- Laundry Features: Common Area, Lower Level, Laundry Room
- Exterior Features: Storage
- Private Pool: No
- Roof: Asphalt, Fiberglass
- Stories: 2
- Actual Rent: $800.00
- Total Bathrooms: 1
- Total Bedrooms: 2
- Leased: No
- Occupant Type: Vacant
- Type: Two Bedroom
- Actual Rent: $750.00
- Total Bathrooms: 1
- Total Bedrooms: 2
- Leased: Yes
- Occupant Type: Occupied
- Type: Two Bedroom
- Actual Rent: $800.00
- Total Bathrooms: 1
- Total Bedrooms: 2
- Leased: Yes
- Occupant Type: Occupied
- Type: Two Bedroom
- Actual Rent: $850.00
- Total Bathrooms: 1
- Total Bedrooms: 2
- Leased: Yes
- Occupant Type: Occupied
- Type: Two Bedroom
- Owner Pays: Gas, Snow Removal, Sewer, Trash Collection, Water
- Tenant Pays: Cable Tv, Electricity, Internet, Telephone
Property History for 850 Mathews Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jul 29, 2026 | Listed (Active) MLS Now #5231061 | $345,000 | — |
| Sep 12, 2005 | Sold MLS Now #1313373 | $120,000 | — |
| Sep 9, 2005 | Sold (Public Record) Public Record #1122549393 | $120,000 | — |
| Jul 29, 2005 | Contract Signed MLS Now #1313373 | — | |
| Aug 3, 2004 | Listed (Active) MLS Now #1313373 | $270,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 07/29/2026 | Listed (Active) MLS Now #5231061 | $345,000 |
| 09/12/2005 | Sold MLS Now #1313373 | $120,000 |
| 09/09/2005 | Sold (Public Record) Public Record #1122549393 | $120,000 |
| 07/29/2005 | Contract Signed MLS Now #1313373 | — |
| 08/03/2004 | Listed (Active) MLS Now #1313373 | $270,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 850 Mathews Road
Schools near 850 Mathews Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 3 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 8 to 12 |
Rating | School | Distance |
|---|---|---|
Robinwood Lane Elementary School PublicK to 3 | ||
Boardman Glenwood Middle School Public7 to 8 | ||
Boardman High School Public9 to 12 | ||
Spartan Online Academy Public8 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Explore Nearby Homes
- Boardman Park Homes for Sale
- Boardman Township - Mahoning County Homes for Sale
- Cottage Grove Homes for Sale
- Forest Glen Estates Homes for Sale
- Glen Park Estates Homes for Sale
- Golf Land Estates Homes for Sale
- Hitchcock Woods Homes for Sale
- Huntington Woods Homes for Sale
- Indianola Heights Homes for Sale
- Kirkmere Homes for Sale
- Lockwood Village Homes for Sale
- Mill Creek Estates Homes for Sale
- Newport Village Homes for Sale
- Applewood Acres Homes for Sale
- Park Side Estates Homes for Sale
- Youngstown Homes for Sale
- North Lima Homes for Sale
- Struthers Homes for Sale
- Campbell Homes for Sale
- Canfield Homes for Sale
- Lowellville Homes for Sale
- New Middletown Homes for Sale
- New Springfield Homes for Sale
- Girard Homes for Sale
- Columbiana Homes for Sale
- Mineral Ridge Homes for Sale
- Villa Maria Homes for Sale
- Hubbard Homes for Sale
- Hillsville Homes for Sale
- McDonald Homes for Sale
- 44452 Homes for Sale
- 44507 Homes for Sale
- 44514 Homes for Sale
- 44511 Homes for Sale
- 44502 Homes for Sale
- 44406 Homes for Sale
- 44471 Homes for Sale
- 44405 Homes for Sale
- 44506 Homes for Sale
- 44509 Homes for Sale
- 44515 Homes for Sale
- 44408 Homes for Sale
- 44505 Homes for Sale
- 44436 Homes for Sale
- 44503 Homes for Sale
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Keller Williams Chervenic Realty
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS NOW. Real estate listings held by brokerage firms other than Compass and its related brokerages, are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Compass and its related brokerages, does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. Information is deemed reliable but not guaranteed. Copyright 2026 - Multiple Listing Service, Inc. – All Rights Reserved.
