$385,900
$14K PRICE DROP

1303 Park Ave E Mansfield, OH 44905

Estimated payment $2,533/month

Total Views 9,660
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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft Prior Sale
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% -- View Prior Sale
01/30/2022 01/30/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $214,900 -- --
Source: Mansfield Association of REALTORS®

Source: Mansfield Association of REALTORS®

MLS Number: 9067625

Mansfield Association of REALTORS®
Ohio Richland County Mansfield 44905

1303 Park Ave E, Mansfield, OH

For Sale

MultiFamily

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