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$87,000

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 1,060 Sq. Ft.
  • 0.1837 Acres
  • 2 Car Garage
  • Updated 8 days ago
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Turnkey investment opportunity with immediate cash flow! NEW ROOF COMING AUGUST 2026. This tenant-occupied property is already leased through the Metro Housing/Section 8 program, providing reliable rental income from day one. 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.

Full Property Details for 426 4th Ave

General

  • Price: $87,000
  • Taxes: $581 (2025)
  • Status: Active
  • Type: Single Family
  • Source: 505
  • MLS ID: 5232173
  • Updated: 7/31/2026
  • Added to Site: 8 day(s) ago

Interior

  • Number of Rooms: 5

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: In Basement

Exterior

  • Porch/Patio/Deck: Covered

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Detached, Garage, Other

Location

  • County: Richland
  • Township: Mansfield
  • Subdivision: Mansfield
  • Driving 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.

School Information

  • Elem School District: Mansfield CSD - 7006
  • Midd School District: Mansfield CSD - 7006
  • High School District: Mansfield CSD - 7006

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Conventional
  • Construction: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Full, Sump Pump
  • Roof: Shingle
  • Stories/Levels: 2
  • Square Feet: 1,060
  • Living Area: 1,060 Sq. Ft.
  • Finished Above Grnd: 1,060 Sq. Ft.
  • Year Built: 1938
  • Year Built Source: Public Records

Lot Features

  • Lot Size (Acres): 0.1837
  • Lot Size: .1837
  • Lot Size Source: Assessor

Financial Considerations

  • Tax Amount: $581.62
  • Tax Year: 2025
  • Terms: Cash, Conventional, 1031 Exchange

Disclosures and Reports

  • Legal Description: 3872 50 X 160
  • Property ID: 027-05-066-05-000

Listed by RE/MAX First Realty, LLC, Kristin Horst

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Listing agent

— 426 4th Ave —

  • Kristin Horst

    RE/MAX First Realty, LLC

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

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 426 4th Ave

School District:Mansfield City School District
NameGradesDistance
Prospect Elementary School, Mansfield, OH
485 Gilbert Avenue, Mansfield, OH 44907
K-32 mi
Mansfield Spanish Immersion School
240 Euclid Avenue, Mansfield, OH 44903
K-82.5 mi
Malabar Intermediate School
205 West Cook Road, Mansfield, OH 44907
4-63 mi
Mansfield Middle School
124 North Linden Road, Mansfield, OH 44906
7-82.4 mi
Mansfield Senior High School
124 North Linden Road, Mansfield, OH 44906
9-122.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 426 4th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/31/2026
Listed
$87,000
596%
MLS
11/14/2011
Sold
$12,500
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 426 4th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$584
—
$12,190
—
2024
$584
—
$12,190
—
2023
$582
-15%
$12,190
57%
2021
$687
55%
$7,770
—
2022
$444
-3%
$7,770
—
2020
$457
-10%
$7,770
—
2019
$507
1%
$7,770
—
2018
$500
3%
$7,770
—
2017
$487
-8%
$7,770
-5%
2015
$528
—
$8,180
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 426 4th Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by RE/MAX First Realty, LLC, Kristin Horst

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426 4th Avenue, Mansfield, OH 44905 (MLS# 5232173) is a Single Family property with 2 bedrooms and 1 full bathroom. 426 4th Avenue is currently listed for $87,000 and was received on July 31, 2026. Want to learn more about 426 4th Avenue? Do you have questions about finding other Single Family real estate for sale in Mansfield? You can browse all Mansfield real estate or contact a Coldwell Banker agent to request more information.

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