Active

229 E 1st Street

Mansfield, OH 44902

$74,900 $315/Mo

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Overview

Bed

Bath

1,347

Sqft

0.16

Acre(Lot)

Description

Opportunity is knocking! Are you ready to answer? This property offers the perfect blend of functionality and upside potential for buyers looking to build equity fast. Features include a hard-to-find first-floor master suite with convenient laundry location & a second full bath upstairs adding flexibility for guests or additional occupants, making this layout both practical and appealing. Outside, enjoy ample private off-street parking, a rare find that adds immediate convenience and desirability. Major updates include a roof approximately 2 years old, helping reduce big-ticket concerns so you can focus on improvements that build equity. With the right vision and a little sweat equity, the upside here is undeniable. Current rental income of $1,000/month provides a strong cash flow and an e xceptional 16% cap rate. Priced to move!

Property Details

Property Type : Residential

Price : $74,900

AD Id : 90097057

MLS Id : 5239113

Beds : 3

Lot Size : 0.16 Acre

Living Area Size : 1,347

Year Built : 1900

County : Richland

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 3

Bathroom Information

Total Baths: 2 Full Baths: 2

Room Information

Rooms Total: 6 Has Basement: Yes Basement: Partial
Roofing Information

Metal
Interior Features

Roof: Metal Laundry Features: Main Level
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Forced Air Cooling: None

Building Information

Year Built: 1900 Construction Materials: Stone, Vinyl Siding Stories: 2 Private Pool: No

Lot Information

Main Square Feet: 0.1625 Acres Lot Size Acres: 0.1625 Lot Size Source: Assessor

Listing Price Information

Listing Price: $74900 Cash, Conventional

Tax Information

Parcel Number: 027-06-034-06-000 Tax Year: 2025 Annual Tax: $598 Tax Legal Desc: Lot 1389

Parking Information

Driveway, Gravel

Location Information

Direction: From downtown Mansfield, take S Main St south, turn left onto E 2nd St, turn right onto S Foster St, turn left onto E 1st St, property will be on the left. Parking is behind the house on Marshall Ave. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
382 Orange Street, Mansfield, OH, 44902	$149,900	3	1	1,318	1,318 SqFt
532 S Diamond Street, Mansfield, OH, 44902	$159,900	3	1	1,872	1,872 SqFt
273 S Adams Street, Mansfield, OH, 44902	$40,000	3	1	--
472 Hammond Avenue, Mansfield, OH, 44902	$80,000	2	1	--

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MLS Now. Real estate listings are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed.

ByOwner last updated this listing 08/27/2026 @ 08:55

MLS: 5239113 LISTED BY: Kristin Horst, RE/MAX Crossroads Properties 330-722-7500 SOURCE: MLS Now