NOT LISTED FOR SALE

550 Arlington Ave Mansfield, OH 44903

Mansfield Area

Estimated Value: $226,905

6 Beds
4 Baths
3,120 Sq Ft
$73/Sq Ft Est. Value

Sale Details

Date Sold: September 11, 2025

Last sale price $220,000 $71 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,533 / mo

6 Days on Market

About This Home

As of September 2025

Investor Opportunity - Turnkey 4-unit brick Property! Don't miss this solid income-producing property ready for its next owner. The front brick building includes two spacious 2-bedroom townhouses, each featuring large living rooms, dining areas, and full basements with washer/dryer hookups. The rear building offers two 1-bedroom units, one of which has been recently remodeled. These units have a ground level laundry room. A 4-stall garage situated below the 1 bd apartments provides added value for tenants or additional rental income. The property has been well maintained. Updated Electric. All Utilities are seperated. All units are occupied. Gross Rents $2775. Tenants pay all utilities. Seller pays lawn/snow and trash removal. Listing agent is the seller.

Last Agent to Sell the Property

Bobbie Riffe

Dream Huge Realty Brokerage Phone: 4195288260 License #2023004826 Listed on: 07/27/2025

Last Buyer's Agent

Diana Donovan

Keller Williams Legacy Group Realty License #2017004781

Keller Williams Legacy Group Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,448

Year Built

  • Built in 1951

Lot Details

  • 9,600

Parking

  • 4 Car Garage
  • Open Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 6 Bedrooms
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • 9,600 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 0270203708000

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $2,136
  • Maintenance Expense $2,900
  • Trash Expense $456

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,448

Year Built

Built in 1951

Lot Details

9,600 Sq Ft Lot

Parking

4

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2204
  • Lot Size: 60 x 160
  • Road Surface Type: Paved
  • Professional Management Expense: 3330
  • Directions: North on Trimble rd, Right on Marion, Left on Arlington.
  • Carport Y N: No
  • Garage Yn: Yes
  • Building Stories: 2
  • Structure Type: Onsite Built, Four Unit
  • Year Built: 1951
  • Attribution Contact: 4195288260
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Oven, Range, Refrigerator, Gas Water Heater
  • Has Basement: Full, None
  • Total Bedrooms: 6

Exterior Features

  • Lot Features: City Lot
  • Disclosures: Property Disclosure
  • Home Warranty: No
  • Construction Type: Brick

Garage/Parking

  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Asphalt, 1 Space, Garage
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air, None, Other-See Remarks
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Trash Expense: 456

Schools

  • Junior High Dist: Mansfield City School District

Lot Info

  • Lot Size Sq Ft: 9600
  • Farm Land Area Units: Square Feet
  • Parcel #: 0270203708000

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 2136
  • Maintenance Expense: 2900

Tax Info

  • Tax Annual Amount: 3448.26

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2025
Closed on
Sep 18, 2025
Sold by
Bought by
Seller's Agent
Bobbie Riffe
Dream Huge Realty
Buyer's Agent
Diana Donovan
Keller Williams Legacy Group Realty
List Price
$279,900
Sold Price
$220,000
Premium/Discount to List
-$59,900
-21.4%
Views
29
Current Estimated Value
$226,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,905
Avg. Annual Appreciation
3.62%
Original Mortgage
$165,000
Outstanding Balance
$163,662
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving
Estimated Equity
$63,243

Purchase Details

Listed on
Jul 1, 2022
Closed on
Jul 29, 2022
Sold by
Bought by
Seller's Agent
Janet Enzor
Coldwell Banker Ward Real Estate
Buyer's Agent
OUT OF BOARD AAGENT
Out Of Board Offices
List Price
$234,900
Sold Price
$193,000
Premium/Discount to List
-$41,900
-17.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%

Purchase Details

Listed on
Feb 3, 2021
Closed on
Feb 18, 2021
Sold by
Bought by
Seller's Agent
Joy M. Miley
Dzugan Real Estate Services LLC
Buyer's Agent
Janet Enzor
Coldwell Banker Ward Real Estate
List Price
$155,000
Sold Price
$166,000
Premium/Discount to List
$11,000
7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.03%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$220,000 American Title Solutions
$772 Southern Title
$166,000 Chicago Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $165,000
Previous Owner $150,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2025 09/11/25 Sold $220,000 -21.4% $71 / Sq Ft
08/02/2025 08/02/25 Pending -- -- --
07/27/2025 07/27/25 For Sale $279,900 +45.0% $90 / Sq Ft
07/29/2022 07/29/22 Sold $193,000 -17.8% $62 / Sq Ft View Prior Sale
07/13/2022 07/13/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $234,900 +41.5% $75 / Sq Ft
02/19/2021 02/19/21 Sold $166,000 +7.1% $53 / Sq Ft View Prior Sale
02/08/2021 02/08/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $155,000 -- $50 / Sq Ft
Source: Mansfield Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,449 $72,020 $5,040 $66,980
2024 $3,449 $72,020 $5,040 $66,980
2023 $3,448 $72,020 $5,040 $66,980
2022 $2,441 $42,730 $4,330 $38,400
2021 $2,458 $42,730 $4,330 $38,400
2020 $2,514 $42,730 $4,330 $38,400
2019 $2,786 $42,730 $4,330 $38,400
2018 $2,750 $42,730 $4,330 $38,400
2017 $2,526 $42,730 $4,330 $38,400
2016 $2,376 $36,800 $5,750 $31,050
2015 $2,376 $36,800 $5,750 $31,050
2014 $2,240 $36,800 $5,750 $31,050
2012 $2,487 $53,340 $5,750 $47,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Mansfield Association of REALTORS®

MLS Number: 9067766

Mansfield Association of REALTORS®

APN: 027-02-037-08-000

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