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$77,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,248 Sq. Ft.
  • 0.079 Acres
  • Updated 2 days ago
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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.

Full Property Details for 605 Heineman Blvd

General

  • Price: $77,000
  • Taxes: $188 (2025)
  • Status: Active
  • Type: Single Family
  • Source: 505
  • MLS ID: 5232205
  • Updated: 7/31/2026
  • Added to Site: 2 day(s) ago

Interior

  • Number of Rooms: 6

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: In Basement

Exterior

  • Porch/Patio/Deck: Covered, Porch

Parking

  • Parking Features: On Street

Location

  • County: Richland
  • Township: Mansfield
  • Subdivision: Mansfield
  • Driving Directions: N Trimble Rd to East on W 4th St, right onto Western Ave, left onto Heineman & home is on the right.

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
  • Roof: Metal
  • Stories/Levels: 2
  • Square Feet: 1,248
  • Living Area: 1,248 Sq. Ft.
  • Finished Above Grnd: 1,248 Sq. Ft.
  • Year Built: 1935
  • Year Built Source: Public Records

Lot Features

  • Lot Size (Acres): 0.079
  • Lot Size: .079
  • Lot Size Source: Assessor

Financial Considerations

  • Tax Amount: $188.48
  • Tax Year: 2025
  • Terms: Cash, Conventional, 1031 Exchange

Disclosures and Reports

  • Special Conditions: Standard
  • Legal Description: 8115 40 X 86 24 3
  • Property ID: 027-03-003-16-000

Listed by RE/MAX First Realty, LLC, Kristin Horst and RE/MAX First Realty, LLC, Justin Gerwig

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Listing agents

— 605 Heineman Blvd —

  • Kristin Horst

    RE/MAX First Realty, LLC

  • Justin Gerwig

    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 605 Heineman Blvd

School District:Mansfield City School District
NameGradesDistance
Mansfield Spanish Immersion School
240 Euclid Avenue, Mansfield, OH 44903
K-80.7 mi
Sherman Elementary School, Mansfield, OH
1138 Springmill Street, Mansfield, OH 44906
K-32.2 mi
Malabar Intermediate School
205 West Cook Road, Mansfield, OH 44907
4-62.4 mi
Mansfield Middle School
124 North Linden Road, Mansfield, OH 44906
7-80.3 mi
Mansfield Senior High School
124 North Linden Road, Mansfield, OH 44906
9-120.3 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 605 Heineman Blvd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/31/2026
Listed
$77,000
670%
MLS
5/30/2014
Sold
$10,000
—
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 605 Heineman Blvd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$189
—
$3,950
—
2024
$189
—
$3,950
—
2023
$189
-35%
$3,950
19%
2021
$293
55%
$3,310
—
2022
$189
-3%
$3,310
—
2020
$195
-10%
$3,310
—
2019
$216
1%
$3,310
—
2018
$213
3%
$3,310
—
2017
$207
-9%
$3,310
-6%
2015
$227
—
$3,510
—
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 605 Heineman Blvd

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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 and RE/MAX First Realty, LLC, Justin Gerwig

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605 Heineman Boulevard, Mansfield, OH 44903 (MLS# 5232205) is a Single Family property with 3 bedrooms and 1 full bathroom. 605 Heineman Boulevard is currently listed for $77,000 and was received on July 31, 2026. Want to learn more about 605 Heineman Boulevard? 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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