About This Home
This 8-bedroom, 4-bathroom multi-family at 860 Mathews Road in Youngstown, OH is listed for $345,000. Built in 1969, on a 0.59 acres lot.
Key Features
- Built in 1969
- 0.58 acre lot
- 2 stories
Property Details
Amenities
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.
Monthly Cost Estimate
$1,845/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
860 Mathews Road
Youngstown, OH 44512
W W & A E Wester 01
Features & Amenities
Exterior Features
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 8-bedroom, 4-bathroom multi-family at 860 Mathews Road is listed at $345,000. The estimated monthly payment is $1,846 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1969, 0.58 acre lot, 2 stories. Exterior Features: Storage.
This property is listed by Ray Hall and can be reached at 3307662664.



