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Active
    • $77,000

    605 Heineman Blvd, Mansfield, OH 44903

    3beds
    1,248sqft
    : 
    $564/mo
    Get pre-qualified
    Single Family Residence
    Built in 1935
    3,441 Square Feet Lot
    $-- Zestimate®
    $62/sqft
    $-- HOA

    What's special

    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.
    9 days
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    186
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    7
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    Zillow last checked:

    Listing updated:

    Listed by:

    Kristin Horst 419-496-1530 4realestate.kristin@gmail.com,

    RE/MAX First Realty, LLC,

    Justin Gerwig 419-564-2630,

    RE/MAX First Realty, LLC

    Source: MLS Now,MLS#: 5232205MLS LogoOriginating MLS: Other/Unspecificed

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Forced Air, Gas
      Cooling
      • None
      Appliances
      • Laundry: In Basement
      Features
      • Basement: Full
      • Has fireplace: No
      Interior area
      • Total structure area: 1,248
      • Total interior livable area: 1,248 sqft
      • Finished area above ground: 1,248
      Video & virtual tour

      Property

      Parking
      • Parking features: On Street
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Covered, Porch
      Lot
      • Size: 3,441 Square Feet
      Details
      • Parcel number: 0270300316000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Conventional
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Roof: Metal
      Condition
      • Year built: 1935

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Mansfield
      HOA
      • Has HOA: No
      Location
      • Region: Mansfield

      Financial & listing details

      • Price per square foot: $62/sqft
      • Tax assessed value: $11,270
      • Annual tax amount: $188
      • Date on market: 7/31/2026
      • Listing terms: Cash,Conventional,1031 Exchange

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/31/2026Listed for sale$77,000+165.5%$62/sqft
        Source: MAR #20100184 Report a problem
        2/23/2004Sold$29,000+85.9%$23/sqft
        Source: Public Record Report a problem
        9/6/2001Sold$15,600$13/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$189 +0%$3,950
        2024$189 +0.2%$3,950
        2023$189 -0.2%$3,950 +19.3%
        2022$189 -0.7%$3,310
        2021$190 -2.2%$3,310
        2020$195 -9.8%$3,310
        2019$216 +1.3%$3,310
        2018$213 +2.7%$3,310
        2017$207 -8.5%$3,310 -5.7%
        2016$227 +4.7%$3,510
        2015$216 -74.8%$3,510 -75.1%
        2014$858 +30.4%$14,100 -0.1%
        2012$658 +50.5%$14,110
        2011$437 -29.9%$14,110 +18.9%
        2010$623 +2.2%$11,870
        2009$610 +0.7%$11,870
        2008$606 +19.5%$11,870 0%
        2006$507 $11,872
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 44903

        Getting around

        45 / 100
        Car-Dependent
        39 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Mansfield CSD - 7006

        Source: MLS Now. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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