242 Davis Rd Mansfield, OH 44907
Estimated payment $1,367/month
Total Views
14,008
--
Bed
--
Bath
2,378
Sq Ft
$92
Price per Sq Ft
Highlights
- Window Unit Cooling System
- 4 Car Garage
- Heating System Uses Steam
About This Home
Incredible investment opportunity in the highly desirable Woodland neighborhood! This well-maintained, high-performing Triplex offers lasting value & steady rental income (value-add potential), w/ all units currently leased—a true turnkey addition to any investor's portfolio. The lower-level unit features a 2 bed, 1 bath layout w/ an applianced kitchen, dining area, hardwood floors, & charming original woodwork. The second level also offers a spacious renovated 2 bed, 1 bath layout, while the third floor includes a cozy 1 bed, 1 bath unit—maximizing rental potential across all three floors. Tenants enjoy off-street parking, a two-car detached garage, & just the right amount of green space for outdoor relaxation. Updates include roof/updates (2015/2021), siding (2016), breaker panal (2021), & newer water heaters (2019 & 2023) w/ 2nd floor renovation in 2022—enhancing both durability & ease of ownership. With strong rental performance, a prime location, & potential for future upside, this cash-flowing asset is ideal for both seasoned investors & first-time multifamily buyers. 24 hour showing notice—please respect tenant rights.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,405
Year Built
- Built in 1928
Lot Details
- 8,712 Sq Ft Lot
Home Design
- 2,378 Sq Ft Home
- Vinyl Siding
Parking
- 4 Car Garage
- Off-Street Parking
Utilities
- Window Unit Cooling System
- Heating System Uses Steam
- Gas Available
Additional Features
- Basement
Community Details
- 3 Units
- Mid-Rise Condominium
Listing and Financial Details
- Assessor Parcel Number 027-07-055-04-000
Map
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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 | $2,405 | $50,240 | $6,930 | $43,310 |
| 2023 | $2,405 | $50,240 | $6,930 | $43,310 |
| 2022 | $2,378 | $41,630 | $6,200 | $35,430 |
| 2021 | $2,303 | $40,040 | $4,610 | $35,430 |
| 2020 | $2,356 | $40,040 | $4,610 | $35,430 |
| 2019 | $2,229 | $34,180 | $3,910 | $30,270 |
| 2018 | $2,199 | $34,180 | $3,910 | $30,270 |
| 2017 | $2,141 | $34,180 | $3,910 | $30,270 |
| 2016 | $2,130 | $32,990 | $3,790 | $29,200 |
| 2015 | $2,035 | $32,990 | $3,790 | $29,200 |
| 2014 | $2,008 | $32,990 | $3,790 | $29,200 |
| 2012 | $793 | $34,010 | $3,910 | $30,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2025 05/28/25 | Price Changed | $219,900 | -2.3% | $92 / Sq Ft |
| 04/25/2025 04/25/25 | For Sale | $225,000 | +50.0% | $95 / Sq Ft |
| 12/15/2021 12/15/21 | Sold | $150,000 | -6.2% | $63 / Sq Ft |
| 12/15/2021 12/15/21 | Pending | -- | -- | -- |
| 12/15/2021 12/15/21 | For Sale | $159,900 | -- | $67 / Sq Ft |
Source: Columbus and Central Ohio Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $150,000 | Tha Title Llc | |
| Deed | $78,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $120,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $80,100 | VA |
Source: Public Records
Similar Homes in the area
Source: Columbus and Central Ohio Regional MLS
MLS Number: 225013103
APN: 027-07-055-04-000
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