Mansfield Homes under $100,000

Welcome to Mansfield, Ohio – a hidden gem nestled in Richland County, where charm meets affordability! This vibrant city boasts a rich history, stunning parks, and a warm community spirit that makes it an ideal place to call home. Whether you’re a first-time homebuyer, an investor, or simply looking for a change of scenery, Mansfield offers a delightful array of homes under $100,000, making it easier than ever to find your perfect abode.

Mansfield is known for its diverse neighborhoods, each with its own unique character. From quaint historic homes to cozy bungalows, there’s something for everyone. With a budget-friendly price tag, these homes provide an excellent opportunity to invest in real estate without breaking the bank. Imagine sipping your morning coffee on a charming porch or hosting friends in your new backyard – all while enjoying the affordability that Mansfield has to offer.

Beyond the homes, Mansfield is rich in amenities. Residents can enjoy beautiful parks, local shops, and a variety of dining options that showcase the best of Ohio cuisine. The community is also home to cultural attractions, such as the Mansfield Art Center and the historic Ohio State Reformatory, making it a vibrant place to live and explore.

If you’re looking for a place where affordability meets community spirit, Mansfield is the perfect choice. With homes available under $100,000, now is the time to discover the possibilities that await you in this charming Ohio city. Come and experience the welcoming atmosphere and the potential for a bright future in Mansfield!

Newest Mansfield Homes under $100,000

$77,000

3 Beds ⋅ 1 Baths ⋅ 5239122 MLS

Cash-flow opportunity with built-in upside! Whether you're expanding your rental portfolio, utilizing a DSCR loan, completing a 1031 exchange, or searching for your next buy-and-hold investment, this income-producing property deserves a look. This property offers immediate rental income while presenting significant value-add potential. Current rent is well below market, giving the next owner the opportunity to increase cash flow over time as leases renew or turnover occurs with forced appreciation. PERFECT for a DSCR or BRRRR investment! This property boasts a GRM of aprox 8.56, making it an attractive option for investors focused on long-term returns and portfolio growth. Strong rental demand in the Mansfield market further enhances its investment appeal. Whether you're a seasoned investor or purchasing your first rental, this is an excellent opportunity to acquire an affordable income-producing asset with both current cash flow and future appreciation potential. Showing available after accepted offer. DO NOT DISRUPT TENANTS.

605 Heineman Boulevard, Mansfield

$84,900

3 Beds ⋅ 1 Baths ⋅ 5239123 MLS

Affordable opportunities like this are becoming harder to find! Whether you're ready to stop renting or looking for your next investment project, this home offers incredible potential at a price that's easy to appreciate. Situated on a small, low-maintenance lot, this property is ideal for buyers wanting the benefits of homeownership without the upkeep of a larger yard. Even better, the home features an unexpectedly solid foundation, providing a great starting point for renovations and future value. First-time buyers will love the chance to build equity with a monthly payment that could be comparable to—or even less than—rent. Investors will recognize the potential for a BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy or an affordable addition to a rental portfolio. If you've been waiting for an affordable home with solid bones and room to make it your own, this is one you won't want to miss. Schedule your showing today and imagine the possibilities!

489 Dirlam Court, Mansfield

$84,900

2 Beds ⋅ 1 Baths ⋅ 5239124 MLS

Affordable homeownership starts here! If you've been waiting for an opportunity to stop renting and start building equity, this budget-friendly home is worth a look. With its low-maintenance lot and affordable price point, it's a great fit for first-time homebuyers looking to make homeownership a reality. Investors will also appreciate the upside. Whether you're searching for your next fix-and-flip or a BRRRR opportunity, this property offers excellent potential in an area showing positive momentum. Many of the surrounding homes have been newly built or significantly improved, helping strengthen the neighborhood and supporting future value. Affordable properties with this kind of potential are becoming increasingly difficult to find. Whether you're looking for your first home or your next investment, don't miss your chance to unlock the possibilities at 449 Parker Street. Schedule your private showing today!

449 Parker Street, Mansfield

$87,000

3 Beds ⋅ 1 Baths ⋅ 5239126 MLS

Turnkey investment opportunity with immediate cash flow! NEW ROOF COMPLETED AUGUST 2026. This tenant occupied property is already leased through the Metro Housing/Section 8 program, providing reliable rental income from day one of $1,100/month. The current lease is in place through December 31, 2026, offering investors the security of a long-term tenant and consistent cash flow without the hassle of finding a renter. Whether you're looking to add to your portfolio, complete a 1031 exchange, or purchase your first investment property, this is a fantastic opportunity to own an income-producing asset with an established rental history. This property presents an attractive return potential with an aprox 15.17% gross rental yield and a GRM of around 6.59! Don't miss your chance to secure a performing rental with immediate income and a lease already in place! No showings without accepted offer. DO NOT DISRUPT TENANTS.

426 4th Avenue, Mansfield

$89,900

3 Beds ⋅ 1 Baths ⋅ 5239127 MLS

Turnkey Mansfield rental with recent improvements, an established tenant and income from day one! Currently generating $800/month ($9,600 annually) in private-pay rent with a lease secured through August 2027. The property offers an approximate 10.7% gross rental yield and 9.36 GRM. A substantial rehab/update completed in 2025 means much of the heavy lifting has already been done, including paint, flooring, faucets, cabinetry, windows, doors and electrical improvements. This combination of recent capital improvements and an existing lease makes the property especially appealing to buy-and-hold, BRRRR and portfolio investors seeking predictable rental income without immediately taking on a major renovation or tenant-placement project. Seller is respecting tenant privacy and will not permit showings until agreeable purchase terms have been presented. Offers may be submitted contingent upon satisfactory interior inspection. Please do not disturb occupants.

317 Altamont Avenue, Mansfield

$79,900

3 Beds ⋅ 2 Baths ⋅ 5239119 MLS

Solid, income-producing opportunity with timeless character! This 2-story brick home offers a strong, durable structure built to stand the test of time—perfect for investors or future owner occupants alike. Currently occupied by a long-term tenant, providing immediate rental income and stability from day one. Inside, you’ll find a functional layout with additional potential waiting to be unlocked. The attic space offers an excellent opportunity to be finished into an additional bedroom, office, or bonus living area—adding both value and versatility. With its low-maintenance exterior, solid construction, and built-in income, this property is an ideal addition to any portfolio or a smart first investment. Don’t miss your chance to own a dependable, easy-to-manage asset with room to grow!

604 W 4th Street, Mansfield

$95,000

3 Beds ⋅ 1 Baths ⋅ 5204788 MLS

Great investment property featuring 3 bedrooms and 1 full bathroom. Currently vacant and ready for market-rate rental or owner occupancy. This home offers a spacious living area, dedicated dining room, breakfast nook, decorative fireplace and a functional layout. Additional features include a full basement providing ample storage or utility space. Exterior highlights include a Detached Garage. On-street parking available. Conveniently located with access to local amenities, shopping, and major routes.

350 Sturges Avenue, Mansfield

$65,000

2 Beds ⋅ 1 Baths ⋅ 5204790 MLS

Well-maintained investment property featuring 2 bedrooms and 1 full bathroom. This fully occupied home offers immediate rental income potential. The property includes a spacious living area, detached garage, and a functional layout. Additional features include a full basement providing storage or utility space and laundry. Exterior highlights include a large backyard. Conveniently located with access to local amenities, shopping, and major routes.

472 Hammond Avenue, Mansfield

$40,000

3 Beds ⋅ 1 Baths ⋅ 5204774 MLS

Great investment property featuring 3 bedrooms and 1 full bathroom. Currently vacant and ready for market-rate rental or owner occupancy. This home offers a spacious living area, dedicated dining room, and a functional layout. Additional features include a full basement providing ample storage or utility space. Exterior highlights include a fenced-in yard. On-street parking available. Conveniently located with access to local amenities, shopping, and major routes.

197 Buckingham Avenue, Mansfield

$80,000

3 Beds ⋅ 1 Baths ⋅ 5204793 MLS

Great investment opportunity featuring 3 bedrooms and 1 full bathroom. This fully occupied home offers immediate rental income potential. The property includes a spacious living area, 2 car garage, and a functional layout. Exterior highlights include a large back-yard and shed. Off-street parking available. Conveniently located with access to local amenities, shopping, and major routes.

473 Van Buren Street, Mansfield

$35,000

3 Beds ⋅ 1 Baths ⋅ 5204778 MLS

Great Investment property featuring 3 bedrooms and 1 full bathroom. Currently vacant and ready for market-rate rental or owner occupancy. This home offers a spacious living area, dedicated dining room, and a functional layout. Additional features include a full basement providing ample storage or utility space. Exterior highlights include a large backyard. On-street parking available. Conveniently located with access to local amenities, shopping, and major routes.

273 S Adams Street, Mansfield

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