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.
Multi-familyProperty Type
1969Year Built
0.58 acresLot Size
4 spacesParking
Listed by Ray Hall• Keller Williams Chervenic Realty
850 Mathews Rd. included with sale, mls #1313373. Well designed two brick four plex buildings available in desirable location near new Sam's Club. Carports. 2 bedroom units wll priced at $270,000 for both.
Year
Property tax
Land + Additions
Assessment*
2025
$3,652 (−3.5%)
$7,000 + $46,190
$53,190
2024
$3,786 (+1.5%)
$7,000 + $46,190
$53,190
2023
$3,730 (+21.6%)
$7,000 + $46,190
$53,190
2022
$3,066 (−0.4%)
$7,000 + $30,330
$37,330
2021
$3,080 (−0.5%)
$7,000 + $30,330
$37,330
2020
$3,096 (−3.6%)
$7,000 + $30,330
$37,330
2019
$3,213 (+16.5%)
$7,000 + $30,330
$37,330
2018
$2,759 (+0.1%)
$7,000 + $30,330
$37,330
2017
$2,756 (−7.9%)
$7,000 + $30,330
$37,330
2016
$2,992 (+9.7%)
$7,000 + $33,620
$40,620
2014
$2,727
$7,000 + $31,350
$38,350
Public record
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
0.59 Acres
Year renovated
—
Sq. Ft.
1,680
Year built
1969
Style
Multi-Family (5+ Unit)
County
Mahoning County
APN
29-015-0-175.00-0
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 19, 2026.
Property details
Parking
Garage/Carport Information
Has Carport
# of Carport Spaces: 4
Parking
Features: Asphalt, Covered, Detached Carport, Parking Lot
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 4
Laundry Information
Features: Common Area, Lower Level
Equipment
Appliances: Dryer, Range, Refrigerator, Washer
Multi Unit Information
# Of Buildings: 1
Unit Type 1
Two Bedroom
# of Bedrooms: 2
# of Bathrooms Total: 1
Actual Rent: $850
Unit is Leased
Unit Type 2
Two Bedroom
# of Bedrooms: 2
# of Bathrooms Total: 1
Actual Rent: $775
Unit is Leased
Unit Type 3
Two Bedroom
Unit Description: 30+yr tennant in this unit
# of Bedrooms: 2
# of Bathrooms Total: 1
Actual Rent: $450
Unit is Leased
Unit Type 4
Two Bedroom
# of Bedrooms: 2
# of Bathrooms Total: 1
Actual Rent: $600
Yes
Exterior
Building Information
Stories: 2
Year Built Source: Public Records
Roof Details: Asphalt, Fiberglass
Construction Details: Brick
Exterior Features
Exterior Features: Storage
Lot Information
Lot Size Area: 0.585
Lot Size Acres: 0.585
Lot Size Source: Assessor
Property Information
Updated/Remodeled
Financial
Tax Information
Annual Tax Amount: $3,651
Tax Year: 2025
Rental Information
Owner Pays: Gas, Snow Removal, Sewer, Trash Collection, Water
Home facts updated by county records on Oct 19, 2026
Around this home
Schools
Robinwood Lane Elementary School
Public K-3 • Assigned • 0.4mi
6/10
Boardman Glenwood Middle School
Public 7-8 • Assigned • 2.4mi
8/10
Boardman High School
Public 9-12 • Assigned • 2.4mi
7/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 97° expected this year, 17 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Youngstown, OH • 44512
Average low and high temperatures (°F)
30
15
37
21
57
34
66
44
69
49
81
61
86
66
81
58
79
53
66
42
51
35
39
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 15% for direct sun exposure in Youngstown. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.