- 11 beds
- 11 baths
- 8,380 sqft
- $65 per sqft
- 1954 build
- – on site
Welcome to 365 E Midlothian Blvd, Boardman Ohio. This property is a three-story apartment building featuring 11 units. Currently operating at 60% occupancy. There is plenty room for growth and INCOME! Property Highlights: Year Built: 1954 Stories: 3 Parking: 4 Car Carport plus additional parking "up to 8 more spaces" Boardman School District Located on a Bus route in walking distance of McDonald's, BP, and the neighboring Dollar Store. Total Units: 11 Each unit has the option for separate Electric and Gas. Each unit has its own Heating source. Unit Sizes: 1–3 Bedrooms Currently the property manager is renting the property by the bedroom. $600 per shared unit room and $750 per unit for 1 Bedroom apartments. All tenants have month to month leases. The property manager has created a rent/roll P&L document that can be emailed to all interested parties. Laundry room Secure Entry Currently the Property manager has included the cost of Electric and Gas into the tenants rent. With this expense and at 60% occupancy based on the per bedroom strategy used, the property still has a cap rate of 5% contingent on insurance and finance cost. Potential value adds for new owner: Occupancy, Coin Laundry, Transferring the cost of Gas and Electric to tenants, optional reserved parking spaces, optional upgrades of units for additional rental value. Contact me today for the Property Manager's Rent Roll/ Profit and Loss doc.
Last checked:
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Last updated Jun 26, 2025
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MLS# 5133689 —
The Building
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Year Built:1954
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Year Built Source:PublicRecords
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Construction Materials:Brick
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# of Buildings:1
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Roof:Slate
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Levels:Two
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Stories:2
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Basement:None
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Basement:false
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Above Grade Finished Area:8380.0
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Above Grade Finished Area Source:Assessor
Room Dimensions
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Living Area:8380.0
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Living Area Units:SquareFeet
Financial & Terms
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Possession:Negotiable
Location
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Directions:south ave to midlothian MARKET ST TO MIDLOTHIAN
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Longitude:-80.647138
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Latitude:41.060505
The Property
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Property Type:ResidentialIncome
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Property Condition:UpdatedRemodeled
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Property Subtype:Quadruplex
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Property Subtype Additional:Quadruplex
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Parcel Number:29-011-0-024.00-0
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Lot Size Acres:0.186
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Lot Size Area:0.186
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Lot Size Units:Acres
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Lot Size Source:Assessor
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (330) 646-8661
- Office phone:
- (330) 967-4300
Taxes
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Tax Year:2024
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Tax Legal Description:LOT 2 54 X 150 HARRIET SMITH PLAT
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Tax Annual Amount:$8,620
Beds
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Bedrooms Total:11
Baths
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Total Baths:11
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Full Baths:11
The Listing
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Home Warranty:false
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Special Listing Conditions:Standard
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Virtual Tour URL Unbranded 3:https://www.propertypanorama.com/365-E-Midlothian-Boulevard-Boardman-OH-44507/unbranded
Heating & Cooling
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Heating:Gas
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Heating:true
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Cooling:WallWindowUnits
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Cooling:true
Utilities
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Sewer:PublicSewer
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Water Source:Public
Schools
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Elementary School District:Boardman LSD - 5002
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Middle School District:Boardman LSD - 5002
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High School District:Boardman LSD - 5002
The Community
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Subdivision Name:Hariiet Smith
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Pool Private:false
Parking
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Parking Features:Concrete,Carport
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Garage:false
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Attached Garage:false
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Carport:true
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Carport Spaces:4.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/26/25
Jun 26, 2025
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Listed / Active | MLS_NOW | $550,000 |