605 Heineman Boulevard

Mansfield, OH
$ 77,000 Beds 3 Baths 1 Sq 1,248 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 77,000
  • City
  • Mansfield
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • Richland
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.079 Acres
  • Zip
  • 44903
  • Sqr Footage
  • 1,248
  • Year Built
  • 1935
  • Taxes
  • $ 188
  • Style
  • MLS#
  • 5239122
Listed By: RE/MAX Crossroads Properties
Data Source: MLSNow

Features

General

Sewer Public Sewer
Heating Forced Air,Gas
Cooling None
Possession Other
Roof Metal
Patio/Porch Features Covered,Porch
Architectural Style Conventional
Construction Materials Vinyl Siding
Year Built 1935
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 6
Full Baths 1
Status Active
Directions N Trimble Rd to East on W 4th St, right onto Western Ave, left onto Heineman & home is on the right.
ModificationTimestamp 2026-08-31T18:52:54.970-00:00
City Mansfield
High School District Mansfield CSD - 7006
Lot Size Units Acres
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 188.84
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 8115 40 X 86 24 3

Interior Features

Basement Full
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 1248
Laundry Features In Basement
Total Bedrooms 3
Above Grade Finished Area Source Assessor
Total Baths 1

Exterior Features

Parking Features On Street
Water Source Public
Lot Size Area 0.079
Lot Size Acres 0.079
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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Youngstown, OH office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/30/2026 Listed $77,000

Property vs Zip Code Average in 44903

Price
AVG $360K
$80K
Taxes
AVG $3,334
$188
Year Built
AVG 1951
1935

In The Neighborhood

Areas That We Cover

605 Heineman Boulevard Mansfield, OH is a Single Family Home for sale at $77000 with 1248 sqft and a lot size of 0.079 Acres Acre(s). 605 Heineman Boulevard Mansfield has 3 bedrooms, 1 baths and was built in 1935. The property's zip code is 44903 which is in Mansfield, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Your Agent
Debbie Skaggs

Debbie Skaggs

330-286-7585

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