LKV Realty
Logo
$77,000
$300Reward *
605 Heineman Boulevard, Mansfield, OH 44903Listing ID 5232205

605 Heineman Boulevard, Mansfield, OH 44903

Active
Mansfield
Time on site: 11 daysLast updated: Jul 31, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
1
Square Feet
Square Feet
1,248
Acres
Acres
0.08
Days on Site
Days on Site
10
Cooling
Cooling
None
Heating
Heating
Forced Air, Gas
Year Built
Year Built
1935
Stories
Stories
2
Parking
Parking
On Street

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.

Property Information

Property Details

Location

Address
605 Heineman Boulevard
County
Richland
City
Mansfield
Zip Code
44903
Subdivision
Mansfield
School District
Mansfield CSD - 7006

Interior Features

Beds and Baths

Bedrooms
3
Full Bathrooms
1

Building

Building Information

Square Feet
1,248
Year Built
1935
Stories
2
Construction
Vinyl Siding
Roof
Metal

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$188
Tax Year
2025
RE/MAX First Realty, LLC, (614) 888-6283

Market Report for 44903

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MLS Now
MLS Now logo

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 held by brokerage firms other than LKV Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). LKV Realty does not display the entire MLS NOW IDX database on this website. The listings of some real estate brokerage firms have been excluded. This information is deemed reliable but not guaranteed. Copyright 2026 - Multiple Listing Service, Inc. - All Rights Reserved.

For corrections to this data please contact Brytecore MLS Support.

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