Property 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!

123 Melrose Avenue | MLS# 5194634

This single family home located at 123 Melrose Avenue, Boardman, OH 44512 is currently listed for sale with an asking price of $159,000. This property was built in 1926 and has 3 bedrooms and 1 full and 1 partial baths with 1591 sq. ft. Melrose Avenue is located in the Indianola Heights subdivision within the Boardman Local school district. Search Indianola Heights real estate on 486royeravenuenw.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family

Basement: Full, Unfinished

Basement: Yes

Cooling: None

Days on Market: 1

Fireplaces: 1

Garage: 2

Heating: Fireplace(s), Gas

Home Style: Conventional

Lot Size: 0.23 Acres

Roof Type: Shingle

Stories: 2.0

Taxes: $1,990 / year

Year Built: 1926

Feature Descriptions

Exterior: Aluminum Siding, Wood Siding

Parcel#: 29-002-0-112.00-0

Parking: Driveway, Detached, Garage

Sewer: Public Sewer

Water: Public

Room Sizes

Basement: 24 X 30 Level - Basement

Bedroom: 9 X 23 Level - Second

Bathroom: 9 X 9 Level - Second

Bedroom: 15 X 11 Level - Second

Primary Bedroom: 9 X 13 Level - First

Bathroom: 5 X 3 Level - First

Pantry: 5 X 6 Level - First

Kitchen: 9 X 13 Level - First

Mud Room: 7 X 7 Level - First

Dining Room: 14 X 11 Level - First

Living Room: 18 X 11 Level - First

Local Schools

School District: Boardman Local

Market Trends

Mahoning County Residential Market Trend Graphs

Zip Code 44512

Source: Delta Media Group, Inc.

Demographics

Mahoning County Demographic Information for 123 Melrose Avenue, Boardman, OH 44512

Fips

Fips Code 39099

Population

2020 to 2023 Change down 1.3%

2010 Count 238,823

2020 Count 228,614

2023 Estimate (V2023) 225,596

2020 Estimate (V2023) 228,612

Age Distribution (Years Old)

0 to 4 5.2%

5 to 17 20.1%

18 to 64 52.1%

65 and Older 22.6%

Gender

Male 49.1%

Female 50.9%

Place of Birth

Foreign 2.4%

US 97.6%

Education

High School Graduate, Age 25+ 91.4%

Bachelor's Degree or Higher, Age 25+ 26.2%

Computer and Internet use

Households with a computer 90.6%

Households with a broadband Internet subscription 85.6%

Language

English is Second Language, Age 5+ 6.0%

English is First Language, Age 5+ 94.0%

Veterans

Veterans 13,362

Income

Per Capita Income $32,591

Median Household Income $54,279

People in Poverty 19.2%

Commute

Average Work Commute Time 23 minutes

Housing

Total Housing Units 107,993

Households 97,655

Average Household Size 2.27

Owner-Occupied 69.8%

Multi-Family 18.1%

Owner-Occupied Median Value $132,000

Median selected monthly owner costs -with a mortgage $1,180

Median selected monthly owner costs -without a mortgage $468

Median gross rent $753

Building Permits

New Private Housing Issued 2023 127

Years at Residence

1 Year or More 89.1%

Less Than 1 Year 10.9%

Business and Employment

Private non-farm Establishments 5,268

Private non-farm Employment 82,638

Private non-farm Employment Growth down 0.4%

Nonemployer Establishments 17,130

Number of Firms 20,664

Business Production

Value of Shipments $2,140,605,000

Wholesale Trade $1,927,492,000

Retail Trade $3,772,503,000

Retail Sales Per Capita $13,202

Accommodation and Food Services $450,590,000

Land

Land Area 411.62 sq. miles

Population Per Square Mile 581

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 987.97 per month $775.76 Principal & Interest $165.83 Property Tax $46.38 Homeowner's Insurance

Change Payment Information

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/25/2026. The listing information on this page last changed on 03/25/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 03/25/2026 12:48:32 AM EST) or Dayton MLS (last updated Tue 03/24/2026 11:46:35 PM EST) or CBRMLS (last updated Wed 03/25/2026 12:44:23 AM EST) or Multiple Listing Service of Greater Cincinnati (last updated Tue 03/24/2026 11:53:23 PM EST) or NKY MLS (last updated Tue 03/24/2026 11:28:17 PM EST) or Wrist MLS (last updated Tue 03/24/2026 11:24:20 PM EST) or Firelands MLS (last updated Tue 03/24/2026 11:11:21 PM EST) or MLS NOW (last updated Wed 03/25/2026 12:17:27 AM EST). Real estate listings held by brokerage firms other than Cutler Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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123 Melrose AvenueBoardman, OH 44512