Vision Sales Team

Conventional

426 4th Avenue

Mansfield, OH 44905

MLS#: 5232173

$87,000

Status: Active
Listing number: 5232173
Listing provided by: RE/MAX First Realty, LLC
Listing agent phone: None
Last update: 7 days ago
On site: 20 days ago
Browse Properties
Mansfield - Residential

Property

Beds

3

Full Baths

1

1/2 Baths

None

Year Built

1938

Sq.Footage

1,060

Turnkey investment opportunity with immediate cash flow! NEW ROOF COMING AUGUST 2026. This tenant-occupied property is already leased through the Metro Housing/Section 8 program, providing reliable rental income from day one. The current lease is in place through December 31, 2026, offering investors the security of a long-term tenant and consistent cash flow without the hassle of finding a renter. Whether you're looking to add to your portfolio, complete a 1031 exchange, or purchase your first investment property, this is a fantastic opportunity to own an income-producing asset with an established rental history. This property presents an attractive return potential with an aprox 15.17% gross rental yield and a GRM of around 6.59! Don't miss your chance to secure a performing rental with immediate income and a lease already in place! No showings without accepted offer. DO NOT DISRUPT TENANTS.

Features & Amenities

Interior

  • Total Bedrooms

    3

  • Bathrooms

    1

  • Above Grade Finished Area

    1060.0

  • Basement YN

    YES

  • Cooling YN

    NO

  • Cooling

    None

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Vinyl Siding

  • Parking

    Detached, Garage, Other

  • Patio and Porch Features

    Covered

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.1837

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Conventional

Price

  • Sales Price

    $87,000

  • Tax Amount

    $581.62

  • Sq. Footage

    1,060

  • Price/SqFt

    $82

HOA

  • Association

    No

School District

  • Elementary School

    Mansfield CSD - 7006

  • Middle School

    Mansfield CSD - 7006

  • High School

    Mansfield CSD - 7006

Property Features

  • Sewer

    Public Sewer

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Richland

Elementary School

Mansfield CSD - 7006

Middle School

Mansfield CSD - 7006

High School

Mansfield CSD - 7006

Listing Courtesy of Kristin Horst , RE/MAX First Realty, LLC

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Carla Ponikvar

Agent / Realtor®

Carla Ponikvar

Call Carla today to schedule a private showing.

(330) 760-3338

CarlaP@visionsalesteam.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Turnkey investment opportunity with immediate cash flow! NEW ROOF COMING AUGUST 2026. This tenant-occupied property is already leased through the Metro Housing/Section 8 program, providing reliable rental income from day one. The current lease is in place through December 31, 2026, offering investors the security of a long-term tenant and consistent cash flow without the hassle of finding a renter. Whether you're looking to add to your portfolio, complete a 1031 exchange, or purchase your first investment property, this is a fantastic opportunity to own an income-producing asset with an established rental history. This property presents an attractive return potential with an aprox 15.17% gross rental yield and a GRM of around 6.59! Don't miss your chance to secure a performing rental with immediate income and a lease already in place! No showings without accepted offer. DO NOT DISRUPT TENANTS.

426 4th Avenue

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Tyson Sells Homes, LLC. via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

Solid, income-producing opportunity with timeless character! This 2-story brick home offers a strong, durable structure built to stand the test of time—perfect for investors or future owner occupants alike. Currently occupied by a long-term tenant, providing immediate rental income and stability from day one. Inside, you’ll find a functional layout with additional potential waiting to be unlocked. The attic space offers an excellent opportunity to be finished into an additional bedroom, office, or bonus living area—adding both value and versatility. With its low-maintenance exterior, solid construction, and built-in income, this property is an ideal addition to any portfolio or a smart first investment. Don’t miss your chance to own a dependable, easy-to-manage asset with room to grow!
#5203410

Mansfield

604 W 4th Street

3 Beds

1 Baths

1,740 Sq.Ft.

$79,900

MLS#: 5203410

Well-maintained investment property featuring 2 bedrooms and 1 full bathroom. This fully occupied home offers immediate rental income potential. The property includes a spacious living area, detached garage, and a functional layout. Additional features include a full basement providing storage or utility space and laundry. Exterior highlights include a large backyard. Conveniently located with access to local amenities, shopping, and major routes.
#5204790

Mansfield

472 Hammond Avenue

2 Beds

1 Baths

N/A

$85,000

MLS#: 5204790

New on site 1 day ago
Turnkey Mansfield rental with recent improvements, an established tenant and income from day one! Currently generating $800/month ($9,600 annually) in private-pay rent with a lease secured through August 2027. The property offers an approximate 10.7% gross rental yield and 9.36 GRM. A substantial rehab/update completed in 2025 means much of the heavy lifting has already been done, including paint, flooring, faucets, cabinetry, windows, doors and electrical improvements. This combination of recent capital improvements and an existing lease makes the property especially appealing to buy-and-hold, BRRRR and portfolio investors seeking predictable rental income without immediately taking on a major renovation or tenant-placement project. Seller is respecting tenant privacy and will not permit showings until agreeable purchase terms have been presented. Offers may be submitted contingent upon satisfactory interior inspection. Please do not disturb occupants.
#5236606

Mansfield

317 Altamont Avenue

3 Beds

1 Baths

1,528 Sq.Ft.

$89,900

MLS#: 5236606

Located at 509 Heineman Blvd, Mansfield, OH 44903, this 2-bedroom, 1-bath home offers approximately 1,022 sq ft of living space with a functional layout, including one bedroom on the main floor. The home features a full basement providing additional storage and flexibility, along with a living room fireplace that adds character to the space. Included appliances are the oven and refrigerator. Conveniently located near local amenities and major routes in Mansfield. PLEASE ALLOW 48 HOURS for response to any offers
#5214256

Mansfield

509 Heineman Boulevard

2 Beds

1 Baths

1,022 Sq.Ft.

$70,000

MLS#: 5214256

Price reduced
Welcome home to this well-maintained 2022 double-wide manufactured home (27' x 48') offering 3 bedrooms, 2 full bathrooms, and modern finishes throughout. The open-concept layout provides a spacious living area that flows into the kitchen, complete with stainless steel appliances, making it perfect for both everyday living and entertaining. Situated at the end of the park, this home offers added privacy with a peaceful tree-lined backdrop and no neighbors directly behind. Enjoy the convenience of public water and sewer while taking advantage of the home's newer construction and move-in-ready condition. If you're looking for affordable, low-maintenance living in a quiet setting, this home is one you won't want to miss! BUYER REQUIREMENTS: The home is located in Woodland Hills Mobile Home Community. Any prospective buyer must be approved by park management prior to closing, which includes completing a background check and entering into a lot lease agreement with the park.
#5222851

Mansfield

673 Armstrong Street

3 Beds

2 Baths

N/A

$80,000

MLS#: 5222851

Why rent when you can own? Welcome to this charming solid brick home offering timeless character, affordability and investment potential! Whether you're searching for your first home or your next addition to a real estate portfolio, this property deserves a look. Inside you'll find beautiful hardwood floors, classic built-ins, the kind of charm that's becoming harder to find and recently rehabbed in 2022. The spacious corner lot provides added privacy and flexibility with driveway access from two streets, making parking and future possibilities even more convenient. For first-time buyers, this is an opportunity to start building equity instead of paying rent. For investors, this property offers strong potential as a BRRRR candidate or an affordable long-term rental with room to add value. Affordable homes with solid construction, character, and investment upside don't stay on the market long. Schedule your private showing today!
#5233324

Mansfield

472 W 6th Street

2 Beds

1 Baths

1,221 Sq.Ft.

$89,900

MLS#: 5233324

Turnkey investment opportunity with immediate cash flow! Add this income-producing rental to your portfolio and start collecting rent from day one. This property offers consistent income and is an excellent option for investors seeking a performing asset. It's well suited for buyers utilizing DSCR financing, expanding a rental portfolio, completing a 1031 exchange, or purchasing their first investment property. With a Gross Rent Multiplier (GRM) of just 7.55 and an impressive 13.25% gross rental yield, this property stands out as a strong buy-and-hold opportunity. The Mansfield rental market continues to experience solid demand, making this an attractive long-term investment with immediate cash flow and future appreciation potential. Tenant rights transfer with the sale. Don't miss your chance to secure another performing asset at an affordable price! Showings available with accepted offer. DO NOT DISRUPT TENANTS.
#5232226

Mansfield

104 Vennum Avenue

4 Beds

2 Baths

1,338 Sq.Ft.

$77,000

MLS#: 5232226

Cash-flow opportunity with built-in upside! Whether you're expanding your rental portfolio, utilizing a DSCR loan, completing a 1031 exchange, or searching for your next buy-and-hold investment, this income-producing property deserves a look. This property offers immediate rental income while presenting significant value-add potential. Current rent is well below market, giving the next owner the opportunity to increase cash flow over time as leases renew or turnover occurs with forced appreciation. PERFECT for a DSCR or BRRRR investment! This property boasts a GRM of aprox 8.56, making it an attractive option for investors focused on long-term returns and portfolio growth. Strong rental demand in the Mansfield market further enhances its investment appeal. Whether you're a seasoned investor or purchasing your first rental, this is an excellent opportunity to acquire an affordable income-producing asset with both current cash flow and future appreciation potential. Showing available after accepted offer. DO NOT DISRUPT TENANTS.
#5232205

Mansfield

605 Heineman Boulevard

3 Beds

1 Baths

1,248 Sq.Ft.

$77,000

MLS#: 5232205

Affordable homeownership starts here! If you've been waiting for an opportunity to stop renting and start building equity, this budget-friendly home is worth a look. With its low-maintenance lot and affordable price point, it's a great fit for first-time homebuyers looking to make homeownership a reality. Investors will also appreciate the upside. Whether you're searching for your next fix-and-flip or a BRRRR opportunity, this property offers excellent potential in an area showing positive momentum. Many of the surrounding homes have been newly built or significantly improved, helping strengthen the neighborhood and supporting future value. Affordable properties with this kind of potential are becoming increasingly difficult to find. Whether you're looking for your first home or your next investment, don't miss your chance to unlock the possibilities at 449 Parker Street. Schedule your private showing today!
#5232044

Mansfield

449 Parker Street

2 Beds

1 Baths

1,120 Sq.Ft.

$84,900

MLS#: 5232044

Affordable opportunities like this are becoming harder to find! Whether you're ready to stop renting or looking for your next investment project, this home offers incredible potential at a price that's easy to appreciate. Situated on a small, low-maintenance lot, this property is ideal for buyers wanting the benefits of homeownership without the upkeep of a larger yard. Even better, the home features an unexpectedly solid foundation, providing a great starting point for renovations and future value. First-time buyers will love the chance to build equity with a monthly payment that could be comparable to—or even less than—rent. Investors will recognize the potential for a BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy or an affordable addition to a rental portfolio. If you've been waiting for an affordable home with solid bones and room to make it your own, this is one you won't want to miss. Schedule your showing today and imagine the possibilities!
#5233316

Mansfield

489 Dirlam Court

3 Beds

1 Baths

1,352 Sq.Ft.

$84,900

MLS#: 5233316

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Tyson Sells Homes, LLC. via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by Tyson Sells Homes, LLC. via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service