$185,000
SOLD APR 2, 2025

41 SW Madison Mansfield, OH 44905

10 Beds
8 Baths
-- Sq Ft
1.21 Acres

Recently Sold

31% Below List Price

65 Days on Market

Highlights

  • 1.21 Acre Lot
  • Central Air
  • Wall to Wall Carpet
  • Living Room
  • Hot Water Heating System

About This Home

As of April 2025

Handy man special! Currently 5 units are vacant. 6 units are rented collecting $3185 per month. Owner pays trash, water, sewer, lawn and snow. Property includes a house. 2 brick buildings and a trailer on the property. Property appraisal and inspection report available upon request.

Last Agent to Sell the Property

Christina Mawhorr

Dream Huge Realty Brokerage Phone: 4195288260 License #2020004471 Listed on: 11/20/2024

Last Buyer's Agent

John Pavlansky

Dream Huge Realty License #2022000938

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,635

Year Built

  • Built in 1949

Lot Details

  • 1.21 Acre Lot

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Living Room
  • Wall to Wall Carpet
  • Partial Basement

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Parking

  • 1 Parking Space
  • Open Parking

Utilities

  • Central Air
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0289010303000

Community Details

Overview

  • Property has a Home Owners Association
  • 11 Units

Building Details

  • Insurance Expense $3,007
  • Maintenance Expense $12,000
  • Trash Expense $1,735
  • Water Sewer Expense $5,062
  • Net Operating Income $38,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,635

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 1.21
  • Directions: Illinoise to St Rt 430. Turn left and follow to Madison Rd. Turn right on Madison and the apartment complex is on the left hand side.
  • Architectural Style: Apartment
  • Carport Y N: No
  • Garage Yn: No
  • Structure Type: House, Other, Apartment 9+
  • Year Built: 1949
  • Attribution Contact: 4195288260
  • Special Features: None

Interior Features

  • Appliances: Refrigerator, Electric Water Heater
  • Has Basement: Partial
  • Total Bedrooms: 10
  • Flooring: Wall/Wall Carpet
  • Interior Amenities: Living Room

Exterior Features

  • Disclosures: Lead Based Paint - Add. 2, Property Disclosure
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Brick
  • Other Structures: Garden Shed

Garage/Parking

  • Open Parking: Yes
  • Parking Features: Gravel, 1 Space
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air, None
  • Cooling Y N: Yes
  • Heating: Hot Water/Steam
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Other - See Remarks
  • Association: Yes

Fee Information

  • Annual Fuel Expense: 2676
  • Trash Expense: 1734.84
  • Annual Water Sewer Expense: 5061.72

Schools

  • Junior High Dist: Madison Local School District

Lot Info

  • Lot Size Sq Ft: 52707.6
  • Farm Land Area Units: Square Feet
  • Parcel #: 0289010303000
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 11
  • Electric Expense: 3625.08
  • Insurance Expense: 3006.66
  • Maintenance Expense: 12000
  • Property Net Operating Income: 38220
  • Vacancy Allowance Rate: 55

Tax Info

  • Tax Annual Amount: 3635.02

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 List to Sale Price per Sq Ft
04/02/2025 04/02/25 Sold $185,000 -7.5% --
01/24/2025 01/24/25 Pending -- -- --
01/10/2025 01/10/25 Price Changed $200,000 -23.1% --
12/04/2024 12/04/24 Price Changed $260,000 -3.7% --
11/20/2024 11/20/24 For Sale $270,000 -- --
Source: Mansfield Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    Christina Mawhorr

    Dream Huge Realty

    (419) 564-9530

    19 in this area

    20 Total Sales

    Christina Mawhorr
    Section Image
  • John Pavlansky

    Buyer's Agent in 2025

    John Pavlansky

    Dream Huge Realty

    (567) 303-4714

    215 in this area

    337 Total Sales

    John Pavlansky
    Section Image
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Map

Source: Mansfield Association of REALTORS®

MLS Number: 9065574

Mansfield Association of REALTORS®
Ohio Richland County Mansfield 44905

41 SW Madison, Mansfield, OH

This home is located at 41 SW Madison, Mansfield, OH 44905 and is currently priced at $185,000. This property was built in 1949. 41 SW Madison is a home located in Richland County with nearby schools including Madison High School, St. Peter's Elementary/Montessori School, and Temple-Christian 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.

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