426 4th Avenue Mansfield, OH $ 87,000
426 4th Avenue
$ 87,000
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426 4th Avenue

Mansfield, OH, 44905
$ 87,000
Bedrooms2 Baths1.0 Sq 1,060

Monthly Estimate*

$ 549

426 4th Avenue, Mansfield, OH 44905 - Image 1
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426 4th Avenue, Mansfield, OH 44905 - Image 8
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Single Family Home for sale in Mansfield, OH

for $87,000 with 2 bedrooms and 1 full bath. This 1,060 square foot home was built in 1938 on a lot size of 0.1837.

Turnkey investment opportunity with immediate cash flow! NEW ROOF COMING 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.

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Single Family Active

Price

$ 87,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 581

Style

Lot Size

0.1837

Year Built

1938

Town/City

Mansfield

County/Region

Richland

MLS | Web ID

5232173

Features
General
Sewer Public Sewer
Heating Forced Air Gas
Cooling None
Possession Other
Roof Shingle
Garage Spaces 2
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 true
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.
City Mansfield
High School District Mansfield CSD - 7006
Lot Size Units Acres
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 581.62
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active
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
Legal Description 3872 50 X 160
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Interior
Basement Full Sump Pump
Total Fireplaces 0
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 1060
Half Baths 0
Laundry Features In Basement
Total Bedrooms 2
Main Level Bedrooms 0
Main Level Bathrooms 0
Above Grade Finished Area Source Assessor
Total Baths 1
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Exterior
Parking Features Detached Garage Other
Water Source Public
Lot Size Area 0.1837
Lot Size Acres 0.1837
Lot Size Source Assessor
Waterfront Y/N false
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* Excluded Features
List By
Kristin Horst

Listing Agent

Re/Max First Realty, Llc

Broker

4realestate.kristin@gmail.com

Email

Affordability Calculator

$598
Per Month
92%
8%
0%
Monthly Principal & Interest
$549
Monthly Property Taxes
$48
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4458829 Elementary School
4458793 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/31/2026$87,000 Listed Price

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426 4th Avenue, Mansfield, OH, 44905 is a Single Family Home for sale at $87,000 with 1,060 sqft and a lot size of 0.1837. 426 4th Avenue has 2 bedrooms, 1.0 baths, and was built in 1938. The property's zip code is 44905 which is in Mansfield, OH