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    1303 E Park Ave Mansfield, OH 44905

    For Sale
    $385,900

    Seven Unit, Multi-Family - Mansfield, OH

    Lot size:
    0.63 Acres
    Days on Market:
    109
    Last Refresh:
    Dec 14 at 5:06 pm

    Property Features for 1303 E Park Ave

    General Information

    Property type
    Residential Multi Family
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    Bathrooms
    7
    APN
    0250902601001
    Parking
    14
    Exterior features
    Other-see Remarks
    Basement Y/N
    1
    Appliances
    Other, Range, Refrigerator
    Lot size
    0.63 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1975
    Number of units
    7
    Building materials
    Brick
    Architectural style
    Other
    Additional Structures
    See Remarks

    The Holden Agency (419) 525-5525 [email protected]

    Listing agent Keaton Partin (419) 525-5525

    Listing date Aug 28, 2025

    MLS# 9067625 Listing URL

    Copyright © 2025 Mansfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Multi-Family Investment Opportunity

    This turnkey investment opportunity is a renovated mixed-use property featuring 4 residential units and 3–4 commercial or storage spaces. Located in Mansfield, OH, within the Madison School district. The property has been remodeled inside and out over the last 3 years, including updated plumbing, electric, paint, flooring, and fixtures. A new roof was installed in 2019, along with 5 furnaces in 2019, and 2 electric water heaters are slated for 2025. The owner is responsible for water, trash, lawn care, and electric and gas for the well pump, water heaters, basement, and main floor units. Units 1–3 are responsible for their own gas and electric. The property has a strong rental history with all tenants on annual leases. The lot size is 0.6308 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mansfield
    County
    Richland
    State
    Ohio
    Longitude
    -82.466977
    Latitude
    40.764421

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    FAQs

    What type of property is this?
    Mixed-use property - Renovated mixed-use property with residential and commercial spaces in Mansfield.
    Where is this mixed-use property located?
    The property is located at 1303 E Park Ave Mansfield, OH.
    What is the asking price?
    The asking price for this property is $385,900.
    What are key features of this property?
    This property features: - Turnkey investment property with 4 residential units and 3-4 commercial/storage spaces.; - Located in Madison Schools district.; - Extensive renovations inside and out within the last 3 years, including updated plumbing, electric, paint, flooring, and fixtures.
    (419) 525-5525
    Request Owner's contact information
    1303 E Park Ave Mansfield, OH 44905
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    Mansfield, OH 44905
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1303 E Park Ave Mansfield, OH 44905
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