426 4th Avenue
Mansfield, OH 44905
3
Bed
1
Bath
1,060Sqft
0.18Acre(Lot)
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. 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 wi
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 1 Full Baths: 1Room Information
Rooms Total: 5 Has Basement: Yes Basement: Full, Sump Pump -
Roofing Information
Shingle -
Interior Features
Roof: Shingle Laundry Features: In Basement -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Forced Air Cooling: None
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Building Information
Year Built: 1938 Construction Materials: Vinyl Siding Stories: 2 Patio And Porch Features: Covered Private Pool: No
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Lot Information
Main Square Feet: 0.1837 Acres Lot Size Acres: 0.1837 Lot Size Source: AssessorProperty Information
Subdivision: Mansfield Source Property Type: Residential Property SubType: Single Family Residence Levels: Two Property Age: 88
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Listing Price Information
Listing Price: $87000 Cash, Conventional
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Tax Information
Parcel Number: 027-05-066-05-000 Tax Year: 2025 Annual Tax: $53 Tax Legal Desc: 3872 50 X 160
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Parking Information
Driveway, Other
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Location Information
Direction: 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. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 609 Mcbride Road, Mansfield, OH, 44905 | $599,900 | 2 | 3 | 2,284 | 17.65 Acres |
| 1779 Ashland Road, Mansfield, OH, 44905 | $275,000 | 3 | 2 | 1,624 | 1.11 Acres |
| 3 Walker Ave. Ave, Mansfield, OH, 44905 | $179,000 | 2 | 1 | 750 | 0.28 Acre |
| 893 Dresden Drive, Mansfield, OH, 44905 | $215,000 | 3 | 1 | 1,232 | 0.39 Acre |
| 1085 Jane Avenue, Mansfield, OH, 44905 | $169,900 | 3 | 1 | 1,040 | 0.18 Acre |
| 730 Pennsylvania Avenue, Mansfield, OH, 44905 | $50,000 | 3 | 1 | -- | 0.35 Acre |
| 906 Duke Avenue, Mansfield, OH, 44905 | $194,900 | 4 | 2 | 1,408 | 0.14 Acre |
| 320 Indiana Avenue, Mansfield, OH, 44905 | $115,000 | 2 | 1 | -- | 0.16 Acre |
| 906 Duke Ave, Mansfield, OH, 44905 | $194,900 | 4 | 2 | -- | 0.14 Acre |
| 23 Bahl Avenue, Mansfield, OH, 44905 | $79,900 | 2 | 1 | 712 | 0.06 Acre |
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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 09/01/2026 @ 01:03
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