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1501 E High St, Springfield, OH, 45505

--beds
0baths
--sqft
$243,900
--price/sqft
$1,840/moest. monthly cost
$73,600/yrincome needed

About This Home

Cash-flowing 4,000+ sqft duplex with oversized units and strong in-place income! This fully occupied duplex generates $1,500/month per unit with long-term tenants in place who wish to remain, offering immediate and stable cash flow from day one. Unit 1501 - 3 beds/1 bath Unit 202 - 4 beds/1.5 baths Each unit features approximately 2,000 square feet of living space (to seller's best knowledge), significantly larger than typical duplex units, making this a highly desirable rental option in the Springfield market. The property also includes a spacious parking area accommodating 8 vehicles, adding convenience for tenants and long-term rental appeal. Tenants are currently on month-to-month arrangements, providing flexibility for new ownership while maintaining proven rental history (per seller). Property is in functional condition and positioned as a strong investment opportunity with stability. Ideal for investors seeking: Strong cash flow Large unit layouts Stable occupancy Opportunity to formalize leases and optimize operations

Getting Around

68
WalkingSomewhat Walkable
0
TransitVery Limited Transit
68
BikeBikeable

Schools

4/10
Mann Elementary SchoolGrades K-61.1 mi
2/10
Schaefer Middle SchoolGrades 7-81.1 mi
4/10
Springfield High SchoolGrades 9-122.2 mi

Construction

Condition

  • Year built: 1901

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Property

Details

  • Parcel number: 3400700028204001

Lot

  • Lot size: 7,405 sqft

Parking

  • Total spaces: 8