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23022323
23022324

242 Davis Road, Mansfield, OH 44907

Red 1 Realty
Listed by Red 1 Realty
$219,900
410 days on market
Updated 130 days ago

242 Davis Road

Details
APN 027-07-055-04-000
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 3
Occupancy 100%
Price per SqFt $92
Year Built 1928
Acreage 0.200
Parking Spaces 4 spaces

Multifamily | 3 Units

Marketing 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.
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Red 1 Realty
Listed by Red 1 Realty

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