$385,900
$14K PRICE DROP

1303 Park Ave E Mansfield, OH 44905

Estimated payment $2,616/month

Total Views 4,370
5 Beds
7 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.63 Acre Lot
  • Window Unit Cooling System
  • Forced Air Heating System

About This Home

Turnkey 7–8 unit investment opportunity in Madison Schools! This renovated mixed-use property features 4 residential units and 3–4 commercial/storage spaces. Remodeled inside and out over the last 3 years including updated plumbing, electric, paint, flooring, fixtures, and more. New roof (2019), 5 furnaces (2019), and 2 electric water heaters (2025). Owner pays, water, trash, lawncare, electric/gas for well pump, water heaters, basement, and main floor units. Units 1–3 pay their own gas/electric. Strong rental history—all tenants on annual leases. Great location and income potential!

Listing Agent

Keaton Partin

The Holden Agency Brokerage Phone: 4195255525 License #2017002425 Listed on: 07/15/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,202

Year Built

  • Built in 1975

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 7 Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • Open Parking
  • Parking Lot

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Range
  • 0.63 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 0250902601001

Community Details

Overview

  • 7 Units

Building Details

  • Trash Expense $1,000
  • Water Sewer Expense $900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,202

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.6308
  • Directions: On Park Ave E Between McElroy and Stewart Road.
  • Carport Y N: No
  • Garage Yn: No
  • Structure Type: Onsite Built, Seven Unit
  • Year Built: 1975
  • Attribution Contact: 4195255525
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator, Other-See Remarks
  • Has Basement: Full, Walk-Out Access
  • Total Bedrooms: 5

Exterior Features

  • Disclosures: Property Disclosure
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Features: Other-See Remarks

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Asphalt, Gravel, 2 Spaces, Parking Lot
  • Total Parking Spaces: 2

Utilities

  • Cooling: Window Unit(s), Other-See Remarks
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 2000
  • Trash Expense: 1000
  • Annual Water Sewer Expense: 900

Schools

  • Junior High Dist: Madison Local School District

Lot Info

  • Lot Size Sq Ft: 27477.648
  • Farm Land Area Units: Square Feet
  • Parcel #: 0250902601001

Multi Family

  • Number Of Units Total: 7
  • Electric Expense: 700

Tax Info

  • Tax Annual Amount: 6202.38

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Price Changed $385,900 -3.5% --
07/15/2025 07/15/25 For Sale $399,900 +86.1% --
02/25/2022 02/25/22 Sold $214,900 0.0% --
01/30/2022 01/30/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $214,900 -- --
Source: Mansfield Association of REALTORS®

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Source: Mansfield Association of REALTORS®

MLS Number: 9067625

Mansfield Association of REALTORS®
Ohio Richland County Mansfield 44905

1303 Park Ave E, Mansfield, OH

This home is located at 1303 Park Ave E, Mansfield, OH 44905 and is currently priced at $385,900. This property was built in 1975. 1303 Park Ave E is a home located in Richland County with nearby schools including Madison High School, Temple-Christian School, and St. Mary Catholic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Mansfield Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Keaton Partin
Section Image
The Holden Agency
(419) 933-9701