231 E Mary St Bucyrus, OH 44820
Estimated payment $973/month
About This Home
This triplex is a rare find — recently updated, still offering value-add upside, and it beats the 1% rule or live in one unit while the others help pay your mortgage! The property includes one efficiency unit and two spacious 2-bedroom, 1-bath units. One unit is currently vacant and move-in ready, but was previously rented at $725. The remaining two units are rented at $750 and $495 — giving this property a gross income potential of $1,970/month. The landlord currently pays all utilities, but is in the process of installing three separate water meters, and electric separation is also feasible — creating a strong value-add opportunity for the next owner. With recent updates, steady rental demand, and multiple ways to increase cash flow, this triplex is a buy for an investor or owner occupant. Listing agent is employed by and has business affiliations with the seller.
Listing Agent
I Heart Real Estate Brokerage Phone: 8002597670 License #2025000807 Listed on: 11/07/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Home Design
- Triplex
- Aluminum Siding
- Lead Paint Disclosure
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Parking
- 1 Parking Space
- Carport
- On-Street Parking
- Open Parking
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Hot Water Heating System
Additional Features
- Basement Fills Entire Space Under The House
- 6,120 Sq Ft Lot
- City Lot
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 080014768.000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,488 | $33,430 | $3,850 | $29,580 |
| 2023 | $1,038 | $24,550 | $3,850 | $20,700 |
| 2022 | $821 | $24,550 | $3,850 | $20,700 |
| 2021 | $819 | $24,550 | $3,850 | $20,700 |
| 2020 | $721 | $21,920 | $3,850 | $18,070 |
| 2019 | $737 | $21,920 | $3,850 | $18,070 |
| 2018 | $733 | $21,920 | $3,850 | $18,070 |
| 2017 | $883 | $24,060 | $3,850 | $20,210 |
| 2016 | $855 | $24,060 | $3,850 | $20,210 |
| 2015 | $843 | $24,060 | $3,850 | $20,210 |
| 2014 | $1,319 | $24,060 | $3,850 | $20,210 |
| 2013 | $1,319 | $24,060 | $3,850 | $20,210 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2025 11/07/25 | For Sale | $159,900 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $90,000 | None Listed On Document | |
| Warranty Deed | $90,000 | None Listed On Document | |
| Warranty Deed | $32,000 | None Listed On Document | |
| Warranty Deed | $32,000 | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,700 | Credit Line Revolving | |
| Closed | $100,700 | Credit Line Revolving |
Source: Mansfield Association of REALTORS®
MLS Number: 9069886
APN: 08-0014768.000
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