Date
Details
Price
Change
Source
11/14/2025
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,250,000
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Property Description
Exceptional Multi-Building Investment Opportunity in Boardman Schools! Don't miss this rare chance to own three brick six-plexes-18 total units-located at 147, 157, and 167 Shields Road. These buildings offer a perfect blend of stability and upside, making them an outstanding addition to any investor's portfolio. Each building features 4 one-bedroom, one-bath units and 2 studio apartments, providing a balanced mix of layouts that consistently attract tenants. The property is 100% occupied, reflecting its strong rental demand and it is within the Boardman School District. Recent updates include brand-new high-efficiency boilers, new flooring in the common laundry areas, and new coin-operated laundry machines, adding convenience for tenants and steady income for the owner. The complex also boasts ample parking, ensuring easy access and comfort for residents and guests alike. Located just minutes from shopping, dining, schools, and major roadways, this property offers cash flow-a true turnkey investment in a great rental market.
Full Property Details
Full Property Details for 147-167 Shields Rd
General
- Price: $1,250,000
- Taxes: $12,333 (2024)
- Status: Active
- Type: Commercial Lease
- Source: 505
- MLS ID: 5171296
- Updated: 1/30/2026
- Added to Site: 83 day(s) ago
Business
- Business Type: Rental
Rooms
Other Rooms
- Laundry: Coin-operated
Exterior
- Porch/Patio/Deck: Patio
Parking
- Carports: Yes
- Total Spaces: 36
- Parking Features: Additional Parking, Asphalt, Detached Carport, Parking Lot
Location
- County: Mahoning
- Township: Boardman Twp
- Driving Directions: Boardman Head north on Market St toward Crestline Pl 1.5 mi Turn left onto Shields Rd Destination will be on the left 0.2 mi 147 Shields Rd, Youngstown, OH 44512
School Information
- Elem School District: Boardman LSD - 5002
- Midd School District: Boardman LSD - 5002
- High School District: Boardman LSD - 5002
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Electric, Wall Unit(s)
- Heating Type: Gas, Hot Water, Steam, Zoned
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 3
- Roof: Asphalt
- Stories/Levels: 3
- Current Bldg. Use: Multi-Family
- Year Built: 1970
- Year Built Source: Public Records
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size (Acres): 1.28
- Lot Size: 1.28
- Lot Size Source: Assessor
- Zoning: Multi-Family
- Fencing (Description): None
Financial Considerations
- Tax Amount: $12,333
- Tax Year: 2024
Disclosures and Reports
- Property ID: 290630028000
Listed by Gonatas Real Estate LLC, Dennis D Gonatas Sr. and Gonatas Real Estate LLC, Alexsey Plotnikov
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Listing agents
— 147-167 Shields Rd —
Dennis D Gonatas Sr.
Gonatas Real Estate LLC
Alexsey Plotnikov
Gonatas Real Estate LLC
330-729-5004, support@gonatasrealestate.com
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for 147-167 Shields Rd
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147-167 Shields Road, Boardman, OH 44512 (MLS# 5171296) is a Commercial Lease property. 147-167 Shields Road is currently listed for $1,250,000 and was received on November 14, 2025. Want to learn more about 147-167 Shields Road? Do you have questions about finding other Commercial Lease real estate for sale in Boardman? You can browse all Boardman real estate or contact a Coldwell Banker agent to request more information.