SingleFamilyResidence at 229 E 1st Street, Mansfield
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24 photos

$74,900

229 E 1st Street
Mansfield, OH 44902
Listed by Kristin Horst · RE/MAX First Realty, LLC
Bedrooms
3
Bathrooms
2
Living area
1,347 sqft
Year built
1900

About this home

Opportunity is knocking! Are you ready to answer? This property offers the perfect blend of functionality and upside potential for buyers looking to build equity fast. Features include a hard-to-find first-floor master suite with convenient laundry location & a second full bath upstairs adding flexibility for guests or additional occupants, making this layout both practical and appealing. Outside, enjoy ample private off-street parking, a rare find that adds immediate convenience and desirability. Major updates include a roof approximately 2 years old, helping reduce big-ticket concerns so you can focus on improvements that build equity. With the right vision and a little sweat equity, the upside here is undeniable. Current rental income provides a strong cash flow and an exceptional 16% cap rate. Priced to move!

Property details

MLS
NOWDD
MLS #
5205823
Property type
SingleFamilyResidence
Subdivision
N/A
Status
Active
Days on market
90
On market date
April 30, 2026
Stories
2
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.1625 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Prospect Elementary School
0.98 mi away · Grades 0-3
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
207
Student:teacher ratio
20.7:1
District
Mansfield City
Middle
Mansfield Middle School
1.9 mi away · Grades 7-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
422
Student:teacher ratio
14.6:1
District
Mansfield City
High
Mansfield Senior High School
1.92 mi away · Grades 8-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
755
Student:teacher ratio
13.7:1
District
Mansfield City

Walkability

Blended score for Mansfield's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

76
Walkable
out of 100
EPA National Walkability Index
12.7 / 20 -- Above average walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores7
Parks4
Schools7
Transit stops20
Pharmacies1

Market position

How this listing compares to current activity in Mansfield, from live MLS data.

On the market 90 days -- 52 more days than Mansfield's current average of 38 days.
For reference, the median list price across 67 active listings in Mansfield right now is $119,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
% / yr
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/mo
Est. monthly payment
$601/mo
$14,980 down
$59,920 loan
Principal & interest$389
Property tax (est.)$62
Home insurance (est.)$150

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Data source: Listing information provided by NOWDD via Trestle/CoreLogic. Last updated July 29, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.