605 Heineman Boulevard
Mansfield, OH, 44903
Price$77,000
Beds3
Baths1
SqFt1,248
Baths1
SqFt1,248
Status:Active
Property Type:Residential
School:Mansfield CSD – 7006
Property Type:Residential
School:Mansfield CSD – 7006
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.
| Price | $77,000 | |
| Bedrooms | 3 | |
| Full Baths | 1 | |
| Half Baths | 0 | |
| Total Baths | 1 | |
| Property Style | Conventional | |
| Lot Size Area | 0.079 | |
| Lot Size Area Units | Acres | |
| Acres | 0.079 | |
| Property Type | Residential | |
| Sub type | Single Family Residence | |
| MLS Sub type | Single Family Residence | |
| Stories | 2 | |
| Year Built | 1935 | |
| Fireplaces | 0 | |
| Subdivision | Mansfield | |
| Roof | Metal | |
| Heating | Forced Air, Gas | |
| Laundry Features | In Basement | |
| Parking Description | On Street | |
| Directions | N Trimble Rd to East on W 4th St, right onto Western Ave, left onto Heineman & home is on the right. | |
| County | Richland | |
| Latitude | 40.761772 | |
| Longitude | -82.537427 | |
| Address | 605 Heineman Boulevard, Mansfield, OH 44903 | |
| Postal Code | 44903 | |
| 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,Special Funding | |
| District | Mansfield CSD – 7006 | |
| Days on market | 3 | |
| MLS Status | Active | |
| Listing Last Modified | Aug 31, 2026 | |
| Tax ID | 027-03-003-16-000 | |
| Tax Year | 2025 | |
| Tax Annual Amount | 188 | |
| MLS # | 5239122 | |
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