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    Mansfield, OH Residential Income Properties for Sale

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    Mansfield Multi-Family Investment Opportunity
    Updated: Mar 10
    Mansfield Multi-Family Investment Opportunity

    49 -51 Lind Avenue, Mansfield, OH 44903

    $174,900
    2,100 sqft 0.10 AC lot
    Two‑unit multi‑family with both upper and lower units, each with separate entrances and utilities
    Each unit offers 3 bedrooms plus living room (LR), dining room (DR), and kitchen (Kit)
    Forced‑air natural gas heating; asphalt roof
    Public water and public sewer
    Off‑street parking for several vehicles
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    This listing looks promising.

    Here's a quick look at some key insights for

    49 -51 Lind Avenue, Mansfield, OH 44903

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    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $16K
      Annual

    • Price @ 7% Cap

      $223K
      Above asking

    • Property Type

      Single Family Residence
      Built 1930
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    Historic Gothic Revival Investment Property
    Updated: May 23
    Historic Gothic Revival Investment Property

    159 N Walnut Street, Mansfield, OH 44902

    $349,000
    2,352 sqft 0.17 AC lot
    Historic 2‑story, cross‑shaped brick property built in 1865 and divided into 2 apartments (front and rear).
    About 2,000 SF with a 3‑bedroom/2‑bath front unit and a rear two‑story loft apartment with open living/kitchen and half bath.
    Early Gothic Revival features include pointed arch, multi‑paned original restored windows and restored interior woodwork.
    Upstairs front unit includes 16‑ft vaulted ceilings, a vaulted living room, and a skylighted study loft; laundry off the living room.
    Rear loft apartment has open living/kitchen with 3 skylights, plus a bedroom, closet, bath, and laundry in the loft area.
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    97-Unit Multifamily Apartment Community
    97-Unit Multifamily Apartment Community

    769 Sunset Blvd, Mansfield, OH 44907

    $7,500,000
    6.94 AC lot

    Well-maintained 97-unit multifamily community with one-, two-, and three-bedroom layouts, washer/dryer hookups, and patios or balconies.

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    Mixed-Use Retail and Apartment Building
    Mixed-Use Retail and Apartment Building

    1170 Lexington Ave, Mansfield, OH 44907

    $275,000
    2,164 sqft

    Retail-ready main level with salon plumbing plus an upstairs apartment and detached garage for flexible use.

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    Duplex Property with Renovation Opportunity
    Duplex Property with Renovation Opportunity

    1298 Ashland Road, Mansfield, OH 44905

    $349,900
    1.54 AC lot

    Two structures on 1.54 acres with newly installed roofs, including a duplex with an MTM tenant and a second house needing rehab.

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    Historic Six-Unit Brick Apartment Building
    Historic Six-Unit Brick Apartment Building

    283 Park Avenue W, Mansfield, OH 44902

    $459,900
    0.51 AC lot

    Historic six-unit brick building with central air, in-unit laundry, private outdoor space, and dedicated parking for tenants.

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    Fully Rented Triplex with Updates
    Fully Rented Triplex with Updates

    30 Douglas Avenue, Mansfield, OH 44906

    $174,900
    0.15 AC lot

    Triplex with three renovated units, private rear parking, and updated heating and cooling systems.

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    Updated Duplex with Separate Access
    Updated Duplex with Separate Access

    394 South Main Street, Mansfield, OH 44907

    $190,000
    2,360 sqft

    Modern finishes and major system improvements support flexible owner-occupant or rental use across two unit layouts.

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    All-Electric Three-Unit Multifamily Property
    All-Electric Three-Unit Multifamily Property

    239 Adams St, Mansfield, OH 44902

    $124,999
    0.12 AC lot

    Upgraded, all-electric triplex features two 1-bedroom units and an upper 2-bedroom unit.

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    Well-Maintained Duplex with Garages
    Well-Maintained Duplex with Garages

    519521 Straub Road, Mansfield, OH 44805

    $259,900
    0.25 AC lot

    Duplex in a wooded setting, separate utilities, fenced yards.

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    97-Unit Multifamily Apartment Community
    97-Unit Multifamily Apartment Community

    769 Sunset Blvd, Mansfield, OH 44907

    $7,500,000

    Well-maintained 97-unit multifamily building with one-, two-, and three-bedroom units and washer/dryer hookups.

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    Updated Duplex with Separate Access
    Updated Duplex with Separate Access

    394 S Main Street, Mansfield, OH 44907

    $190,000
    0.14 AC lot

    Two-unit duplex with modern interior finishes, updated systems, and separate access for flexible living or occupancy.

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    Triplex with Two Covered Porches
    Triplex with Two Covered Porches

    377 Main Street, Mansfield, OH 44907

    $199,000

    Three-unit triplex with in-unit kitchens and shared parking, offering flexibility for investors or owner-occupants.

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    Two-Home Residential Income Property
    Two-Home Residential Income Property

    383 Stewart Road N, Mansfield, OH 44905

    Contact for pricing
    2,220 sqft 0.50 AC lot

    Cape Cod main home plus a remodeled cabin on a half-acre lot, each with dedicated living space.

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    Mixed-Use Multi-Family Opportunity
    Mixed-Use Multi-Family Opportunity

    245 Fourth Street, Mansfield, OH 44903

    $79,900
    0.24 AC lot

    Mixed-use property with recent system updates, offering a foundation for completing interior and exterior improvements.

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    Well-Maintained Duplex with Extra Lot
    Well-Maintained Duplex with Extra Lot

    172 Lexington Ave, Mansfield, OH 44907

    $137,500

    Up/down duplex with additional lot and off-street parking.

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    7-Unit Apartment Building
    7-Unit Apartment Building

    596 Bigelow Road, Mansfield, OH 44907

    $450,000

    Seven 1-bedroom units in Mansfield with a newer roof and newly replaced boiler, plus coin-operated basement laundry.

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    Mansfield Multi-Family Investment Opportunity
    Mansfield Multi-Family Investment Opportunity

    49 -51 Lind Avenue, Mansfield, OH 44903

    $174,900

    Two-unit property near downtown and OhioHealth Mansfield Hospital.

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    Mansfield Triplex: Investor Opportunity
    Mansfield Triplex: Investor Opportunity

    710 Lexington Avenue, Mansfield, OH 44907

    $199,900

    Triplex in Mansfield, Ohio, generating $2,125 monthly income.

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    Updated Duplex in Lexington Schools
    Updated Duplex in Lexington Schools

    1702 Middle Bellville Rd, Mansfield, OH 44906

    $325,000

    Updated duplex with rental history and private backyards.

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    Mobile Home Park Portfolio
    Mobile Home Park Portfolio

    2075 Ashland Rd, Mansfield, OH 44905

    Contact for pricing

    Portfolio of two Ohio communities totaling 103 sites, with occupied tenant-owned homes and multiple vacant lots and homes.

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    Mansfield Duplex with Rental History
    Mansfield Duplex with Rental History

    216 Trimble Rd, Mansfield, OH 44906

    $295,000

    Large side-by-side duplex with a strong rental history.

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    Rented Triplex with Separate Meters
    Rented Triplex with Separate Meters

    354 Wayne St, Mansfield, OH 44902

    Contact for pricing

    All three units are rented and individually metered, with each tenancy paying its own utilities.

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    Large Duplex with Rental History
    Large Duplex with Rental History

    242 Trimble Rd, Mansfield, OH 44906

    $295,000

    Side-by-side duplex with a strong rental history in Mansfield.

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    Mansfield, OH Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Mansfield, OH, showcased through 31 active listings on our real estate platform. These investment opportunities span a total of 8,976 square feet of properties for sale, with an estimated market value of $988,900.

    Sale prices for residential income properties in Mansfield, OH start at $174,900, averaging $247,225, and reaching up to $349,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 31
    Duplexes 17
    Triplexes 7
    Apartment buildings 5
    Mobile home & RV parks 1

    Demographics Overview

    Population 94K
    Population Growth (5Y) +6.6%
    Median Household Income $55,418
    College Educated 16.8%

    High-Yield Neighborhoods for Investment

    Identify Mansfield submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Mansfield $225.4K
    Ashland $259.9K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Richland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Mansfield fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Mansfield, OH

    • 44907
    • 44903
    • 44902
    • 44906
    • 44805
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