24
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$225,000
Est. payment /mo
8,712 Sqft Lot
New
242 Davis Road Mansfield, OH 44907
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Key Details
Property Type Multi-Family
Sub Type Midrise
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225013103
Originating Board Columbus and Central Ohio Regional MLS
Year Built 1928
Annual Tax Amount $2,405
Lot Size 8,712 Sqft
Lot Dimensions 0.2
Property Sub-Type Midrise
Property Description
Incredible investment opportunity in the highly desirable Woodland neighborhood! This well-maintained, high-performing Triplex offers lasting value & steady rental income (value-add potential), w/ all units currently leased—a true turnkey addition to any investor's portfolio. The lower-level unit features a 2 bed, 1 bath layout w/ an applianced kitchen, dining area, hardwood floors, & charming original woodwork. The second level also offers a spacious renovated 2 bed, 1 bath layout, while the third floor includes a cozy 1 bed, 1 bath unit—maximizing rental potential across all three floors. Tenants enjoy off-street parking, a two-car detached garage, & just the right amount of green space for outdoor relaxation. Updates include roof/updates (2015/2021), siding (2016), breaker panal (2021), & newer water heaters (2019 & 2023) w/ 2nd floor renovation in 2022—enhancing both durability & ease of ownership. With strong rental performance, a prime location, & potential for future upside, this cash-flowing asset is ideal for both seasoned investors & first-time multifamily buyers. Curb offers only—please respect tenant rights.
Location
State OH
County Richland
Area 0.2
Rooms
Other Rooms None
Dining Room No
Interior
Heating Steam
Equipment No
Laundry No Laundry Rooms
Schools
High Schools Mansfield Csd 7006 Ric Co.
Others
Tax ID 027-07-055-04-000
Acceptable Financing Other, Conventional
Listing Terms Other, Conventional
Listed by Nicholas Chalton Red 1 Realty
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