Skip To Content

605 Heineman Boulevard

Mansfield, OH 44903
  • $77,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 5239122
UPDATED: 47 min ago
$77,000
  • 3
    BEDS
  • 0.08
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,248
    SQFT
  • $62
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1935
County:
Area:

School Ratings & Info

School District:
Listing courtesy of RE/MAX Crossroads Properties.
Listing information © 2026 YES-MLS.

Description

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.

Monthly Payment Calculator

Listing information © 2026 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than The Matheos Group | Keller Williams Citywide 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. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2026-09-10T21:08:10.057.
www.matheosoh.com/homes/180701996
Print Image

605 Heineman Boulevard Mansfield, OH 44903

  • Price: $77,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 47 min ago
  • MLS #: 5239122
3
Beds
1
Baths
0
½ Baths
0.08
Acres
1,248
SQFT
$62
$/SQFT
1935
Built
Neighborhood:
Mansfield
County:
Richland
Area:
Mansfield
School District:
Mansfield Csd - 7006
Property Description
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.
Exterior Features

Architectural Style Conventional Attached Garage YN No Carport YN No Construction Materials Vinyl Siding Garage YN No Levels Two Parking Features On Street Patio And Porch Features Covered Porch Roof Metal Waterfront YN No

Interior Features

Basement Full Basement YN Yes Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Heating Forced Air Gas Heating YN Yes Laundry Features In Basement Main Level Bathrooms 0 Main Level Bedrooms 0

Property Features

Above Grade Finished Area 1248 Association YN No Elementary School District Mansfield CSD - 7006 Home Warranty YN No Land Lease YN No Listing Terms Cash Conventional1031 Exchange Other Special Funding Middle Or Junior School District Mansfield CSD - 7006 Property Sub Type Single Family Residence Sewer Public Sewer Tax Annual Amount 188.84 Township Mansfield Water Source Public

Listing information © 2026 YES-MLS.
Listing provided courtesy of RE/MAX Crossroads Properties: 330-722-7500.
Listing information © 2026 YES-MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of YES-MLS. Real estate listings held by brokerage firms other than The Matheos Group | Keller Williams Citywide 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. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2026-09-10T21:08:10.057.
 
https://bt-photos.global.ssl.fastly.net/normls/orig_boomver_1_5239122-2.jpg https://bt-photos.global.ssl.fastly.net/normls/orig_boomver_1_5239122-2.jpg https://bt-photos.global.ssl.fastly.net/normls/orig_boomver_1_5239122-2.jpg
Logo
The Matheos Group | Keller Williams Citywide
2001 Crocker Road #200
Westlake OH, 44145
Listing courtesy of RE/MAX Crossroads Properties.
Listing information © 2026 YES-MLS.