# 605 Heineman Blvd, Mansfield, OH 44903

> **TL;DR:** 3bd/1ba single family, $77,000, built 1935. Est. $411/mo. Listed 1 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $77,000 |
| Bedrooms | 3 |
| Bathrooms | 1 full |
| Year Built | 1935 |
| Lot Size | 3,441 sqft (0.08 acres) |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 1 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $389 |
| Estimated Insurance | $22 |
| **Total** | **$411** |

## Nearby Schools

- **High:** Mansfield City School District

## Property Highlights

- Built in 1935
- 0.08 acre lot

## Description

### Agent Description
Cash-flow opportunity with built-in upside! Whether you're expanding your rental portfolio, utilizing a DSCR loan, completing a 1031 exchange, or searching for your next buy-and-hold investment, this income-producing property deserves a look. This property offers immediate rental income while presenting significant value-add potential. Current rent is well below market, giving the next owner the opportunity to increase cash flow over time as leases renew or turnover occurs with forced appreciation. PERFECT for a DSCR or BRRRR investment! This property boasts a GRM of aprox 8.56, making it an attractive option for investors focused on long-term returns and portfolio growth. Strong rental demand in the Mansfield market further enhances its investment appeal. Whether you're a seasoned investor or purchasing your first rental, this is an excellent opportunity to acquire an affordable income-producing asset with both current cash flow and future appreciation potential. DO NOT DISRUPT TENANT

## Location

- **Address:** 605 Heineman Blvd, Mansfield, OH 44903
- **County:** Richland
- **Coordinates:** 40.7618027, -82.5374314
- **Google Maps:** https://www.google.com/maps?q=40.7618027,-82.5374314

## Listing Agent

- **Name:** The Justin Gerwig Team
- **Brokerage:** RE/MAX First Realty
- **Phone:** 4195642630

## Primary Photo

![605 Heineman Blvd - Primary Photo](http://lh.rdcpix.com/0472a923a4287c03d4dee485a3966c46l-f1509695544r.jpg)

*6 total photos available on [listing page](https://www.propertysimple.ai/listing/605-heineman-blvd-mansfield-oh-44903-20100184)*

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**MLS#:** 20100184 | **Updated:** 2026-08-01
**Source:** listhub

*Copyright © 2026 Mansfield Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/605-heineman-blvd-mansfield-oh-44903-20100184)

---

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