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152-156 W 3rd St, Mansfield, OH, 44902

--beds
0baths
--sqft
$15,200
--price/sqft
$301/moest. monthly cost
$12,040/yrincome needed

About This Home

Downtown Investment Prospect with Upside Potential! Bring your vision and unlock the possibilities in this income-producing multi-unit property located in the heart of downtown. Currently configured as a triplex, this property offers potential for a fourth unit, creating an exciting value-add possibility for investors looking to increase cash flow. Three furnaces and three water heaters are present (functionality not guaranteed). Whether you're expanding your portfolio, planning a BRRRR strategy, or seeking your next redevelopment project, this property offers the location, and flexibility. Opportunity is knocking, so bring your tools and your imagination!

Getting Around

77
WalkingVery Walkable
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

5/10
3/10
Mansfield Middle SchoolGrades 7-81.2 mi

Construction

Condition

  • Year built: 1880

Type & Style

  • Home type: MultiFamily
  • Property subType: Mixed Use

Interior

Cooling

  • Cooling features: None,Other

Property

Details

  • Parcel number: 0270305503000
  • Special condition: Standard

Lot

  • Lot size: 3,049 sqft

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

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

How This Home’s Risks Compare

Winter Weather
Hail
Inland Flooding
Ice Storm
Lightning
Strong Wind

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 $76$912
Home Insurance *$17$204
Property Taxes $15$180
Electricity $193$2,320
Total$301$3,612
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$10,320/yr
40% on housing$9,030/yr
45% on housing$8,026/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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 44902$199
Richland County$140

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)

No zestimate history available

Price History

DateEventPrice
2026-08-12Pending sale$15,200
2026-06-23Listed for sale$15,200

For Sale by Agent

AgentMICHELLE LYNN MURRELL
BrokerageSluss Realty Company

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