605 Heineman Boulevard, Mansfield, OH 44903
Local realty services provided by:CENTURY 21 Transcendent Realty
Listed by: kristin horst, ethan sokolowski
Office: re/max crossroads properties
MLS#:5239122
Source:OH_NORMLS
Price summary
- Price:$77,000
- Price per sq. ft.:$61.7
About this home
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....
Contact an agent
Home facts
- Year built:1935
- Subdivision & Development:Mansfield
- Listing ID #:5239122
- Added:54 day(s) ago
- Updated:October 24, 2026 at 02:17 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:6
- Basement:Yes
- Basement Description:Full
- Living area:1,248 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Metal
- Year built:1935
- Building area:1,248 sq. ft.
- Lot area:0.08 Acres
- Architectural Style:Conventional
- Construction Materials:Vinyl Siding
- Exterior Features:Porch
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$77,000
- Price per sq. ft.:$61.7
- Tax amount:$188 (2025)
New listings near 605 Heineman Boulevard
- New
$79,900Active3 beds 2 baths1,568 sq. ft.356 Harker Street, Mansfield, OH 44903
MLS# 5255248Listed by: RE/MAX SHOWCASE - New
$175,000Active3 beds 1 baths1,080 sq. ft.735 Burger Avenue, Mansfield, OH 44906
MLS# 226040419Listed by: KELLER WILLIAMS LEGACY GROUP - CANTON - New
$79,900Active4 beds 2 baths2,124 sq. ft.354 Grace Street, Mansfield, OH 44902
MLS# 226040160Listed by: KELLER WILLIAMS ELEVATE - STRONGSVILLE - New
$219,900Active3 beds 2 baths1,966 sq. ft.536 Dyas Drive, Mansfield, OH 44905
MLS# 226039919Listed by: SLUSS REALTY COMPANY - New
$129,900Active2 beds 2 baths1,136 sq. ft.84 State Street, Mansfield, OH 44907
MLS# 226039859Listed by: SLUSS REALTY COMPANY - New
$225,000Active4 beds 2 baths1,748 sq. ft.87 Ford Road N, Mansfield, OH 44905
MLS# 226039378Listed by: COLDWELL BANKER REALTY - Open Sat, 3 to 5pmNew
$575,000Active4 beds 4 baths4,108 sq. ft.132 Woodside Court, Mansfield, OH 44904
MLS# 226039375Listed by: E-MERGE REAL ESTATE CHAMPIONS - Open Sun, 1 to 2pmNew
$149,900Active3 beds 1 baths1,092 sq. ft.223 Reform Street, Mansfield, OH 44902
MLS# 226039306Listed by: KELLER WILLIAMS LEGACY GROUP - CANTON - New
Active3 beds 3 baths1566 Bowers Road, Mansfield, OH 44903
MLS# 5251435Listed by: WHITETAIL PROPERTIES REAL ESTATE LLC - New
$197,500Active4 beds 4 baths2,520 sq. ft.539 Maple Street, Mansfield, OH 44906
MLS# 226039245Listed by: THE HOLDEN AGENCY