Address
426 4th Avenue, Mansfield, OH
Price
$ 87,000
Property Attributes
- MLS#5239126
- TypeSingle Family
- Listing Status Active
- CountyRichland
- CityMansfield
- NeighborhoodMansfield
- Zip44905
- Style
- Year Built1938
- Taxes$ 583
- Price$ 87,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1060
- Lot Size0.1837 Acres
Data Source:
MLSNow
Property Description
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.
| Price History | |
|---|---|
| 8/30/2026 | Listed $87,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air,Gas |
| Cooling | None |
| Possession | Negotiable |
| Roof | Shingle |
| Patio/Porch Features | Covered |
| Architectural Style | Conventional |
| Construction Materials | Vinyl Siding |
| Year Built | 1938 |
| Stories Count | 2 |
| Township | Mansfield |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| County | Richland |
| Property Type | Residential |
| HOA | false |
| Attached Garage | false |
| Subdivision Name | Mansfield |
| Garage Y/N | false |
| Total Rooms | 5 |
| Full Baths | 1 |
| Status | Active |
| 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. |
| ModificationTimestamp | 2026-09-12T00:10:14.913-00:00 |
| City | Mansfield |
| High School District | Mansfield CSD - 7006 |
| Lot Size Units | Acres |
| Carport Y/N | false |
| Land Lease Y/N | false |
| Tax Annual Amount | 583 |
| Home Warranty Y/N | false |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Middle/Junior School District | Mansfield CSD - 7006 |
| Elementary School District | Mansfield CSD - 7006 |
| Year Built Source | Public Records |
| Property Sub Type Additional | Single Family Residence |
| PostalCity | MANSFIELD |
| Legal Description | 3872 50 X 160 |
Interior Features
| Basement | Full,Sump Pump |
|---|---|
| Basement (Y/N) | true |
| Air Conditioning Y/N | false |
| Heating Y/N | true |
| Fireplace Y/N | false |
| Above Grade Finished Area | 1060 |
| Laundry Features | In Basement |
| Total Bedrooms | 3 |
| Above Grade Finished Area Source | Assessor |
| Total Baths | 1 |
Exterior Features
| Parking Features | Driveway,Other |
|---|---|
| Water Source | Public |
| Lot Size Area | 0.1837 |
| Lot Size Acres | 0.1837 |
| Lot Size Source | Assessor |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 44905
Price
Taxes
Year Built
