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159 N Walnut St, Mansfield, OH, 44902

4beds
4baths
2,352sqft
$349,000
$148price/sqft
$2,765/moest. monthly cost
$110,600/yrincome needed

About This Home

This historic fully occupied investment property is known as The Hedrick House (2 units perfect for an In-Law Suite or Rental). The home is a rare example of Early Gothic Revival style brick architecture which enjoys a prominent raised corner lot in downtown Mansfield. It’s listed on the National Register of Historic Places, the nation’s list of properties worthy of preservation. Locally, it is well known as the subject of a book, The Corner of Fifth and Walnut. This 2-story cross-shaped house has about 2,000 square feet of space and is divided into two apartments, front and rear. It has distinctive pointed arch multi-paned original restored windows plus its fine interior woodwork is intact and restored. The front unit has 3 spacious bedrooms and 2 baths. Its central feature is a grand curving staircase with semi-circular wall. The kitchen/dining room and main bedroom and primarily bath are downstairs. Upstairs have two grand bedrooms with 16-ft vaulted ceilings plus a vaulted living room with skylighted study loft above. A laundry is off the living room, plus a spacious double bowl vanity is between the bedrooms. The lower rear wing contains the two-story loft apartment. Its open living/kitchen area has 3 skylights plus there is a half bath. In the loft overlooking the living room is a bedroom, closet and bath with laundry. The spacious lot has a new concrete driveway with front pull-out and there is a 2 1/2 car carport enclosed by privacy shrubs. The units each have custom cabinetry, Stainless Steel Appliances and hardwood floors. This property is centrally located to the renowned Carrousel District which includes shops, restaurants, and cafes. THIS IS A MUST SEE PROPERTY!!!

Getting Around

74
WalkingVery Walkable
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

5/10
3/10
Mansfield Middle SchoolGrades 7-81.4 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1865

Materials

  • Roof: Asphalt
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Finished area above ground: 2,352

Heating & Cooling

  • Heating features: Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,352
  • Total interior livable area: 2,352 sqft

Property

Details

  • Parcel number: 0270308904000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 7,501 sqft

Parking

  • Total spaces: 2
  • Parking features: Detached Carport
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Ice Storm
Winter Weather
Hail
Inland Flooding
Lightning
Strong Wind
Tornado

FEMA Declared Disasters Across Ohio Counties

Flood
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,764$21,168
Home Insurance *$403$4,836
Property Taxes $346$4,152
Electricity $252$3,027
Total$2,765$33,180
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$94,800/yr
40% on housing$82,950/yr
45% on housing$73,733/yr

Ohio FAIR Plan Programs

Ohio FAIR Plan Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 13,942Commercial: 466
Total Premiums$18.03M
Total Exposure$5.92B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.9%
9.9%
0%30.0%
Electricity Growth Rate10-year average: 5.9%
5.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.8%
0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$148This listing

vs Other Active Listings

Avg $/sqft

ZIP 44902$186
Richland County$139

vs Homes Sold Last Month

Median $/sqft

ZIP 44902$65
Richland County$123

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-21Listed for sale$349,000
2023-07-14Listing removed--
2023-07-08Price change$1,195
2023-06-23Listed for rent$1,295

For Sale by Agent

AgentDante DiBenedetto
BrokerageRE/MAX Real Estate Group

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