Search
Two-Story Triplex
For Sale
$119,900
Pending

241 Lexington Ave, Mansfield, OH 44907

Residential Income, 2 Story, Mansfield, OH

Property SizeContact for details
Days on Market16

Property Features for 241 Lexington Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bedroom 2, Bathroom 1, Bathroom 4, Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 5, Bedroom 4
High school Mansfield City School District
Elementary school district Mansfield City School District
Middle school district Mansfield City School District
High school district Mansfield City School District
Directions Lex ave to Messa, can park behind house
Subdivision Richland
Standard status Pending
APN 0270706710000

Taxes and HOA fees

Tax Description 8788 28.58X100.2X22.8X115. 6 FT SW COR & 8789 115.6X1 3.2X124.55X15.9 FT NW COR
Tax Annual Amount 782
Legal Description 8788 28.58X100.2X22.8X115. 6 FT SW COR & 8789 115.6X1 3.2X124.55X15.9 FT NW COR

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 1940
Number of units 3
Building materials Aluminum Siding, Wood Siding
Architectural style Other
Listing Agency: The Holden Agency
Listed By: Keaton Partin
Added: Sep 12 Changed: Sep 16 Last Checked: Sep 27 at 1:06PM
MLS# 20100801

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This two-story triplex at 241 Lexington Ave in Mansfield includes one front residence with 3 bedrooms and 1.5 baths, along with two rear residences that each offer 1 bedroom and 1 bath. The property was built in 1940 and combines aluminum and wood siding with public water and public sewer service.

Recent work includes updated electrical, windows, carpeting, and roof repairs. The front residence has a furnace and central air, while the rear residences use baseboard heating. Natural gas and forced-air heating systems are present, with central air serving the front unit.

Key Highlights

  • Triplex with one 3‑bedroom, 1.5‑bath front unit and two 1‑bedroom, 1‑bath rear units
  • Two‑story property built in 1940
  • Updated electrical, windows, and carpet

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Triplexes

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Butcher Florist Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

788
Businesses Nearby

Demographics for 44907, OH

15,014
Population
7,798
Households
1.9
Avg Household Size
44
Median Age
19%
College-Educated
91%
High-School Grad
7.8 sq mi
ZIP Area
1,925
Density / Sq Mi
$44,033
Median Household Income
$34,528
Median Earnings
$788
Median Rent
$130,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Updated electrical, windows, carpeting, and roof repairs support the existing unit configuration.
Where is this triplex located?
The property is located at 241 Lexington Ave Mansfield, OH.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: Triplex with one 3‑bedroom, 1.5‑bath front unit and two 1‑bedroom, 1‑bath rear units; Two‑story property built in 1940; Updated electrical, windows, and carpet
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message