426 4th Avenue, Mansfield, OH 44905
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by: kristin horst, ethan sokolowski
Office: re/max crossroads properties
MLS#:5239126
Source:OH_NORMLS
Price summary
- Price:$87,000
- Price per sq. ft.:$82.08
About this home
Turnkey investment opportunity with immediate cash flow! NEW ROOF COMPLETED AUGUST 2026. This tenant occupied property is already leased through the Metro Housing/Section 8 program, providing reliable rental income from day one of $1,100/month. 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.
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Home facts
- Year built:1938
- Subdivision & Development:Mansfield
- Listing ID #:5239126
- Added:67 day(s) ago
- Updated:November 06, 2026 at 03:34 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:5
- Basement:Yes
- Basement Description:Full, Sump Pump
- Living area:1,060 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Shingle
- Year built:1938
- Building area:1,060 sq. ft.
- Lot area:0.18 Acres
- Architectural Style:Conventional
- Construction Materials:Vinyl Siding
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$87,000
- Price per sq. ft.:$82.08
- Tax amount:$583 (2025)
Parking
- Parking description:Driveway
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