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
Wheeling Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
