426 4th Avenue
Mansfield, OH, 44905
Price$87,000
Beds3
Baths1
SqFt1,060
Baths1
SqFt1,060
Status:Active
Property Type:Residential
School:Mansfield CSD – 7006
Property Type:Residential
School:Mansfield CSD – 7006
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. 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.
| Price | $87,000 | |
| Bedrooms | 3 | |
| Full Baths | 1 | |
| Half Baths | 0 | |
| Total Baths | 1 | |
| Property Style | Conventional | |
| Lot Size Area | 0.1837 | |
| Lot Size Area Units | Acres | |
| Acres | 0.1837 | |
| Property Type | Residential | |
| Sub type | Single Family Residence | |
| MLS Sub type | Single Family Residence | |
| Stories | 2 | |
| Year Built | 1938 | |
| Fireplaces | 0 | |
| Subdivision | Mansfield | |
| Roof | Shingle | |
| Heating | Forced Air, Gas | |
| Laundry Features | In Basement | |
| Parking Description | Driveway, Other | |
| Garage spaces | 0 | |
| Directions | Ashland Rd to West on Grace St, Left on 4th Ave & home on the left. Parking on street or out back off of Pie Aly. | |
| County | Richland | |
| Latitude | 40.769727 | |
| Longitude | -82.49811 | |
| Address | 426 4th Avenue, Mansfield, OH 44905 | |
| Postal Code | 44905 | |
| City | Mansfield | |
| State | OH | |
| Country | United States | |
| Listing Office | RE/MAX Crossroads Properties | |
| Listing Office Phone | 330-722-7500 | |
| Listing Office Email | [email protected] | |
| Listing Agent | Kristin Horst | |
| Listing Agent Phone | 419-496-1530 | |
| Attribution Contact | [email protected], 419-496-1530 | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Terms | Cash,Conventional,1031 Exchange,Other | |
| District | Mansfield CSD – 7006 | |
| Days on market | 3 | |
| MLS Status | Active | |
| Listing Last Modified | Aug 31, 2026 | |
| Tax ID | 027-05-066-05-000 | |
| Tax Year | 2025 | |
| Tax Annual Amount | 53 | |
| MLS # | 5239126 | |
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