Michelle Smith

426 4th Avenue

Mansfield, OH
$ 87,000 Beds 3 Baths 1 Sq 1,060 Virtual Tour
Monthly Estimate* How much can I afford?

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 of $1,100/month. 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 with immediate income and a lease already in place! No showings without accepted offer. DO NOT DISRUPT TENANTS.

Active

  • Price
  • $ 87,000
  • City
  • Mansfield
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • Richland
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 0.1837 Acres
  • Zip
  • 44905
  • Sqr Footage
  • 1,060
  • Year Built
  • 1938
  • Taxes
  • $ 583
  • Style
  • MLS#
  • 5239126
Listed By: RE/MAX Crossroads Properties
Data Source: MLSNow

Features

General

Sewer Public Sewer
Heating Forced Air,Gas
Cooling None
Possession Negotiable
Roof Shingle
Patio/Porch Features Covered
Architectural Style Conventional
Construction Materials Vinyl Siding
Year Built 1938
Stories Count 2
Township Mansfield
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Richland
Property Type Residential
HOA false
Attached Garage false
Subdivision Name Mansfield
Garage Y/N false
Total Rooms 5
Full Baths 1
Status Active
Directions 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.
ModificationTimestamp 2026-09-12T00:10:14.913-00:00
City Mansfield
High School District Mansfield CSD - 7006
Lot Size Units Acres
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 583
Home Warranty Y/N false
Living Area Units Square Feet
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Mansfield CSD - 7006
Elementary School District Mansfield CSD - 7006
Year Built Source Public Records
Property Sub Type Additional Single Family Residence
PostalCity MANSFIELD
Legal Description 3872 50 X 160

Interior Features

Basement Full,Sump Pump
Basement (Y/N) true
Air Conditioning Y/N false
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 1060
Laundry Features In Basement
Total Bedrooms 3
Above Grade Finished Area Source Assessor
Total Baths 1

Exterior Features

Parking Features Driveway,Other
Water Source Public
Lot Size Area 0.1837
Lot Size Acres 0.1837
Lot Size Source Assessor
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Youngstown, OH office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/30/2026 Listed $87,000

Property vs Zip Code Average in 44905

Price
AVG $180K
$90K
Taxes
AVG $1,598
$583
Year Built
AVG 1963
1938

In The Neighborhood

Areas That We Cover

426 4th Avenue Mansfield, OH is a Single Family Home for sale at $87000 with 1060 sqft and a lot size of 0.1837 Acres Acre(s). 426 4th Avenue Mansfield has 3 bedrooms, 1 baths and was built in 1938. The property's zip code is 44905 which is in Mansfield, OH

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Michelle Smith

Michelle Smith

Agent

330-383-2910

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