123 Melrose Avenue, Boardman, OH 44512
Indianola Heights · Mahoning County
Key Facts
Description
Great investment opportunity in Boardman! This well-located property at 123 Melrose Ave is currently operating as a rental, offering immediate income potential for investors or those looking to expand their portfolio. The home features a functional layout with comfortable living spaces and is conveniently situated near shopping, dining, schools, and major roadways. Whether you’re looking for a turnkey rental or a property with future owner-occupant potential, this home provides flexibility and value. Don’t miss your chance to own an income-producing property in a desirable area!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Conventional
Year Built
1926
Stories
2
Living Area
1,591 sq ft
Lot Size
0.23 acres
Garage Spaces
2
Days on Market
98
MLS® Listing#
5194634
Property Features
Cooling
Heating
Basement
Parking
Construction
Roof
Sewer
Water Source
Rooms
- 9.0x13.0First
- 7.0x7.0First
- 5.0x6.0First
- Basement24.0x30.0Basement
- Bathroom5.0x3.0First
- Bathroom9.0x9.0Second
- Bedroom15.0x11.0Second
- Bedroom9.0x23.0Second
- Dining Room14.0x11.0First
- Kitchen9.0x13.0First
- Living Room18.0x11.0First
Financial Details
HOA
None
Annual Taxes
$1,990
Tax year 2025
Parcel Number
29-002-0-112.00-0
Directions
From US-224 in Boardman, head south on Market St (OH-7). Turn right onto Shields Rd, then left onto Melrose Ave. Continue on Melrose Ave. The property at 123 Melrose Ave will be on the right-hand side.
Affordability Calculator
$29,980
Estimated monthly payment
$798/mo
Principal $119,920 · Est. interest $167,299 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Boardman, OH
- $235,714
- Median Listing Price
- 54
- Median Days on Market
- 1,736
- Median Sq Ft
- $136
- Median Price / Sq Ft
- 54
- Active Listings
- This home’s price is 36% below the area median.
- Its price per sq ft is 31% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Boardman, OH.
Location
Points of Interest in Boardman, OH
Showing the Boardman area map.
Nearby Schools
Market Street Elementary School
Elementary · 0.3 mi away
Valley Christian Early Learning Center at Good Hope
School · 0.3 mi away
Valley Christian Schools
Secondary · 0.7 mi away
Robinwood Lane Elementary School
Elementary · 0.9 mi away
Lumen Christi Catholic Schools
Elementary · 1.2 mi away
St Luke School
School · 1.2 mi away
Boardman Local School District
Elementary · 1.2 mi away
Horizon Science Academy Youngstown
School · 1.4 mi away
Life Skills High School
Secondary · 1.4 mi away
St Charles
Elementary · 1.5 mi away
St Charles Elementary School
Elementary · 1.5 mi away
Goddard School
School · 1.6 mi away
Paul C Bunn Elementary School
Elementary · 1.7 mi away
Boardman Center Middle School
Elementary · 1.7 mi away
Le Jeane Academe
School · 1.7 mi away
Taft Elementary School
Elementary · 1.8 mi away
Stadium Drive Elementary School
Elementary · 1.9 mi away
Concepts of Learning
School · 2.0 mi away
Wilson Alternative School
Elementary · 2.0 mi away
Byzantine Catholic Central School
School · 2.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 237 Shields Road, Boardman, OH | $115,000 | 2 | 1 | 888 |
| 7367 Oregon Trail, Boardman, OH | $118,000 | 3 | 1 | 1,021 |
| 110 Boardman Boulevard, Boardman, OH | $119,500 | 2 | 1 | 954 |
| 138 Clifton Drive, Boardman, OH | $129,000 | 3 | 2 | 1,308 |
| 361 Meadowbrook Avenue 3, Boardman, OH | $139,900 | 2 | 1 | 888 |
| 52 Meadowbrook Avenue, Boardman, OH | $139,900 | 3 | 1 | — |
Moving Cost Estimate
EXIT Agents in Boardman
Listing Courtesy: TG Real Estate - 330-651-7653, info@teamgosney.com
Last Updated: 2026-03-19