710 Lexington Avenue, Mansfield, OH 44907

$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

Overview

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.

Listing Details MLS# 226007634

Location Property Info

Original List Price
210000
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

MLS Entry Date
2026-03-13

General Property Info

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

Tax Info

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

1 Bedroom

1 Bedroom # of Units
Yes

2 Bedroom

2 Bedroom # of Units
2

More Information

Financials

Gross Rental Income
25500

Expenses

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

Auction Info

Auction/Online Bidding Y/N
No

Location & Property Info

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

Office/Contract Info

For Sale
Yes
Exchange
No

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
Yes

Efficiency

Efficiency Month Rent Per Unit
0

Construction

Aluminum
Yes
Vinyl Siding
Yes

Heat Fuel

Gas
Yes

Parking Features

2 Car Garage
Yes
Detached Garage
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Services Available

Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Water Available
Yes

Miscellaneous

Basement
Yes
Garages
Yes

Tenant Pays

Gas
Yes
Electricity
Yes

Heating

Forced Air
Yes

New Financing

Conventional
Yes
Other
Yes

Air Conditioning

None
Yes

Owner Pays

Sewer
Yes
Trash
Yes
Water
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

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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