605 Heineman Boulevard, Mansfield, OH 44903 (MLS # 5239122)

Photo for 605 Heineman Boulevard, Mansfield, OH 44903 (MLS # 5239122)

Price	$77,000
Status	Active
Beds	3
Baths	1 Bath
Home size	1,248 sqft
Lot Size	3,442 sqft
Days on Market	3

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.

Tiny photo for 605 Heineman Boulevard, Mansfield, OH 44903 (MLS # 5239122)

Property Type(s): Single Family

Last Updated	8/30/2026	Tract	Mansfield
Year Built	1935	County	Richland

Additional Details

AIR	None
BASEMENT	Full, Yes
CONSTRUCTION	Vinyl Siding
HEAT	Forced Air, Natural Gas
LOT	3441 sq ft
PARKING	On Street
SEWER	Public Sewer
STORIES	2
STYLE	Conventional
SUBDIVISION	Mansfield
TAXES	188.84
WATER	Public

Location

Contact us about this Property

First Name
Last Name
Phone Number
Email Address
Schedule a Showing?	/
Comments


We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Ben Schafer to contact you even if your name is on a Federal or State "Do not call List".

Listing provided by: Kristin Horst | 419-496-1530, RE/MAX Crossroads Properties, 4realestate.kristin@gmail.com, 419-496-1530

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than Ben Schafer Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s).

Listing information is deemed reliable, but not guaranteed.

Data Last Updated: 8/31/26 3:09 AM PDT

This IDX solution is (c) Diverse Solutions 2026.

Your Email

Friend's Email

Note