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$72,000
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Property Description
Welcome to 516 Burns St, a great opportunity whether you're looking to expand your rental portfolio or purchase a budget-friendly home. This property offers simple living, low exterior maintenance, and a functional layout that appeals to both investors and owner-occupants. For investors, the property has a strong rental history and offers an estimated cap rate around 13%. For buyers looking to own instead of rent, this property offers an accessible price point and manageable size that's easy to maintain. The home features a covered front entry, a walkout basement & off-street parking area. Its straightforward layout makes it easy to personalize or keep as a reliable rental. Conveniently located near local amenities, shopping, and main routes around Mansfield. Opportunities like this attract attention quickly! Schedule your showing today!
Full Property Details
Full Property Details for 516 Burns St
General
- Sold For: $72,000
- Taxes: $214 (2025)
- Status: Closed
- Type: Single Family
- Source: 505
- MLS ID: 5190695
- Added to Site: 93 day(s) ago
Interior
- Number of Rooms: 7
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main: 2
Parking
- Parking Features: Off Street
Location
- County: Richland
- Township: Mansfield
- Subdivision: Mansfield
- Driving Directions: From downtown Mansfield, Ohio, head east on E 5th St, turn left onto Burns St. The property will be on your left. Alternate: From US-30, take the OH-13 exit toward Mansfield, head north into town, then turn onto Burns St.
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: Cape Cod
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Walk-Out Access
- Roof: Shingle
- Square Feet: 884
- Living Area: 884 Sq. Ft.
- Finished Above Grnd: 884 Sq. Ft.
- Year Built: 1952
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 0.2104
- Lot Size: .2104
- Lot Size Source: Assessor
Financial Considerations
- Tax Amount: $214.56
- Tax Year: 2025
- Terms: Cash, Conventional, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Special Funding, VA Loan
Disclosures and Reports
- Legal Description: 15023 E 1/2 58 X 158
- Property ID: 027-04-132-08-000
Listed by RE/MAX First Realty, LLC, Kristin Horst and RE/MAX First Realty, LLC, Justin Gerwig
Sold by Sluss Realty, Amy Hershey
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Schools
Schools serving 516 Burns St
School District:Mansfield City School District
| Name | Grades | Distance |
|---|---|---|
Mansfield Spanish Immersion School 240 Euclid Avenue, Mansfield, OH 44903 | K-8 | 1.5 mi |
Sherman Elementary School, Mansfield, OH 1138 Springmill Street, Mansfield, OH 44906 | K-3 | 1.8 mi |
Malabar Intermediate School 205 West Cook Road, Mansfield, OH 44907 | 4-6 | 3 mi |
Mansfield Middle School 124 North Linden Road, Mansfield, OH 44906 | 7-8 | 0.9 mi |
Mansfield Senior High School 124 North Linden Road, Mansfield, OH 44906 | 9-12 | 0.9 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 516 Burns St
Date
Details
Price
Change
Source
4/10/2026
Sold
$72,000
-9.89%
MLS
3/24/2026
Price Reduced
$79,900
-5.89%
MLS
3/05/2026
Listed
$84,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
516 Burns Street, Mansfield, OH 44903 (MLS# 5190695) is a Single Family property that was sold at $72,000 on April 10, 2026. Want to learn more about 516 Burns Street? 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.

