710 Lexington Avenue, Mansfield, OH 44907

New Listing
$210,000
Property Type: Multi-Family Lot Size (sq. ft.): 38,333 Status: Active
Current Price: $210,000 List Date: 3/14/2026 Last Modified: 3/14/2026

Description

Investor opportunity in Mansfield, Ohio. This triplex features one 1-bedroom/1-bath unit and two 2-bedroom/1-bath units generating $2,125 in gross monthly income. Two of the three units have been updated within the past two years, and all units are currently leased. Each unit includes its own laundry hookup, a tenant-friendly amenity that reduces turnover and supports long-term retention. A detached 2-car garage rounds out the property’s appeal. Tenants pay gas and electric, keeping owner expenses lean and predictable. All units are on month-to-month leases, giving a new owner immediate flexibility. Income in place from day one.

Supplements: ********

More Information MLS# 226007634

Location & Property Info

List Price/SqFt: 60.17 City (Mailing Addr): Mansfield Corp LimitPerAuditor: Mansfield

Office/Contract Info

For Sale: Yes Exchange: No

General Property Info

Built Prior to 1978: Yes Building Sqft: 3490 Lot Size (Side): 250 Number of Units: 3 Year Built: 1900 Acreage: 0.88

Tax Info

Tax Abatement: No Taxes (Yrly): 1819 Parcel #: 027-07-186-18-000 Tax Year: 2024

Remarks & Misc

Property Description: Investor opportunity in Mansfield, Ohio. This triplex features one 1-bedroom/1-bath unit and two 2-bedroom/1-bath units generating $2,125 in gross monthly income. Two of the three units have been updated within the past two years, and all units are currently leased. Each unit includes its own laundry hookup, a tenant-friendly amenity that reduces turnover and supports long-term retention. A detached 2-car garage rounds out the property’s appeal. Tenants pay gas and electric, keeping owner expenses lean and predictable. All units are on month-to-month leases, giving a new owner immediate flexibility. Income in place from day one.

Income/Expenses

Gross Income: 25500 Net Operating Income: 19797.66 Total Expenses: 5702.34

Addl Acceptance Cond

None Known: 1

Financials

Gross Rental Income: 25500

Efficiency

Efficiency Month Rent Per Unit: 0

Expenses

R.E. Taxes: 1778.34 Off-Site Management: 0 Repairs&Maintenance: 600 Electricity Expense: 0 Misc Expense: 720 Property Management: 0 Gas Expense: 0 Water Expense: 1200

1 Bedroom

1 Bedroom # of Units: 1

2 Bedroom

2 Bedroom # of Units: 2

Construction

Aluminum: 1 Vinyl Siding: 1

Heat Fuel

Gas: 1

Parking Features

2 Car Garage: 1 Detached Garage: 1

Water Source

Public: 1

Sewer

Public Sewer: 1

Services Available

Electricity Available: 1 Natural Gas Available: 1 Sewer Available: 1 Water Available: 1

Miscellaneous

Basement: 1 Garages: 1

Tenant Pays

Gas: 1 Electricity: 1

Auction Info

Auction/Online Bidding Y/N: No

Heating

Forced Air: 1

New Financing

Conventional: 1 Other: 1

Air Conditioning

None: 1

Owner Pays

Sewer: 1 Trash: 1 Water: 1

MLS Primary PhotoSrc

Realtor Provided: 1

Location Property Info

Original List Price: 210000 List Price: $210,000 Property Sub Type: Townhouse Street #: 710 Street Name: Lexington Street Suffix: Avenue County: Richland State: OH Zip Code: 44907 School District: MANSFIELD CSD 7006 RIC CO. Township: Mansfield

OfficeContract Info

Status: Active MLS Entry Date: 2026-03-13

Property Features

Addl Acceptance Cond: None Known Parking Features: 2 Car Garage; Detached Garage Owner Pays: Sewer; Trash; Water Tenant Pays: Electricity; Gas Heat Fuel: Gas Heating: Forced Air Air Conditioning: None Construction: Aluminum; Vinyl Siding Water Source: Public Sewer: Public Sewer Services Available: Electricity Available; Natural Gas Available; Sewer Available; Water Available Miscellaneous: Basement; Garages New Financing: Conventional; Other MLS Primary PhotoSrc: Realtor Provided
Listing Office: Keller Williams Legacy Group
Listing Agent: Stephanie Webb
Last Updated: March – 14 – 2026
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