1. Ohio
  2. Mansfield
  3. 242 Davis Road
$219,900

242 Davis Road, Mansfield, OH 44907

  • Property Icon Condominium
  • Property Year Built Icon Built in 1928
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Date Added:
April 25, 2025 at 05:00AM
Listing Office:
Red 1 Realty : 614-585-9020
Listing Agent:
Nicholas Chalton : 614-315-8029
MLS ID:
225013103
  • A/C:
  • Heating: Steam

This listing courtesy of Nicholas Chalton, Red 1 Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Prospect Elementary School

485 Gilbert Ave, Mansfield, OH, 44907

Grades KG-3

0.32 miles away

M

Mansfield Spanish Immersion School

240 Euclid Ave, Mansfield, OH, 44903

Grades KG-8

1.00 miles away

M

Mansfield Senior High School

124 N Linden Rd, Mansfield, OH, 44906

Grades 9-12

1.58 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.