605 Heineman Boulevard, Mansfield, OH 44903

Mansfield
Local realty services provided by:Better Homes and Gardens Real Estate Central
605 Heineman Boulevard,Mansfield, OH 44903
$77,000
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  • 3 Beds
  • 1 Baths
  • 1,248 sq. ft.
  • Single family
  • Active
Listed by: kristin horst, justin gerwig
Office: re/max first realty, llc.
MLS#:5232205
Source:OH_NORMLS

Price summary

  • Price:$77,000
  • Price per sq. ft.:$61.7

About this home

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...

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Home facts

  • Year built:1935
  • Subdivision & Development:Mansfield
  • Listing ID #:5232205
  • Added:24 day(s) ago
  • Updated:August 24, 2026 at 02:34 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:6
  • Basement:Yes
  • Basement Description:Full
  • Living area:1,248 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Metal
  • Year built:1935
  • Building area:1,248 sq. ft.
  • Lot area:0.08 Acres
  • Architectural Style:Conventional
  • Construction Materials:Vinyl Siding
  • Exterior Features:Porch
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$77,000
  • Price per sq. ft.:$61.7
  • Tax amount:$188 (2025)
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