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$195,000
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Property Description
Welcome to 587 Tod Ln. this Exceptional income-producing 4-plex in the historic North Side of Youngstown - just minutes from Youngstown State University and local amenities! All four units are currently rented, generating profitable cash flow with long-term occupancy. This brick-front multi-family offers solid curb appeal, spacious unit layouts, and a desirable location near campus, shopping, dining, and transportation. Each unit provides a functional floor plan with kitchens, full bathrooms, comfortable bedrooms, and ample natural light. Many upgrades have been maintained over the years, and the building's robust construction helps minimize maintenance costs. Additional value features include a large shared basement area, separate utility access, Garage and off-street parking. Key Highlights: "¢ Fully rented - immediate income stream "¢ Prime North Side location - steps from Youngstown State University "¢ Classic brick exterior - low maintenance and long-lasting "¢ Multiple kitchens and full baths "¢ Separate utility access for ease of management "¢ Great cash-flow investment or value-add opportunity Whether you're adding to your investment portfolio or looking for a stable multi-unit asset, this property delivers strong rental performance in a highly sought-after Youngstown neighborhood.
Full Property Details
Full Property Details for 587 Tod Ln
General
- Sold For: $195,000
- Taxes: $2,136 (2025)
- Status: Closed
- Type: Multi-Family
- Source: 505
- MLS ID: 5188338
- Added to Site: 187 day(s) ago
Interior
- Number of Rooms: 16
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Common Area
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Attached, Garage, Paved
Location
- County: Mahoning
- Township: Youngstown
- Subdivision: Youngstown City
- Driving Directions: From North on Belmont Ave towards Tod Ln., turn right on to Tod Ln. The destination will be on the right
School Information
- Elem School District: Youngstown CSD - 5014
- Midd School District: Youngstown CSD - 5014
- High School District: Youngstown CSD - 5014
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Baseboard, Electric, Forced Air, Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Construction: Brick, Vinyl Siding
- Basement: Yes
- Basement Desc.: Common Basement, Full
- Roof: Asphalt, Fiberglass
- Stories/Levels: 2
- Square Feet: 3,918
- Living Area: 3,918 Sq. Ft.
- Finished Above Grnd: 3,918 Sq. Ft.
- Year Built: 1940
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.249
- Lot Size: .249
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $2,136
- Tax Year: 2025
- Owner Pays: Sewer, Trash Collection, Water
- Tenant Pays: Electricity, Gas, Heat
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: OL 1274
- Property ID: 53-081-0-160.00-0
Listed by Keller Williams Chervenic Rlty, Marcus A Agee and Keller Williams Chervenic Rlty, Solo Zagorianos
Sold by EXP Realty, LLC., Sandra L McCreery
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Schools
Schools serving 587 Tod Ln
School District:Youngstown City School District
| Name | Grades | Distance |
|---|---|---|
Harding Elementary School 1903 Cordova Avenue, Youngstown, OH 44504 | PK-5 | 0.7 mi |
East Middle School 940 Bryn Mawr Avenue, Youngstown, OH 44505 | 6-8 | 3.7 mi |
East High School, Youngstown, OH 474 Bennington Avenue, Youngstown, OH 44505 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 587 Tod Ln
Date
Details
Price
Change
Source
6/29/2026
Sold
$195,000
-18.75%
MLS
5/21/2026
Price Reduced
$240,000
-4%
MLS
4/01/2026
Price Reduced
$250,000
-9.09%
MLS
2/21/2026
Listed
$275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
587 Tod Lane, Youngstown, OH 44504 (MLS# 5188338) is a Multi-Family property that was sold at $195,000 on June 29, 2026. Want to learn more about 587 Tod Lane? Do you have questions about finding other Multi-Family real estate for sale in Youngstown? You can browse all Youngstown real estate or contact a Coldwell Banker agent to request more information.
