1501 E High St, Springfield, OH, 45505
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
Somewhat Walkable
Very Limited Transit
BikeableSchools
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
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
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Ohio Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,160 | $13,920 |
| Home Insurance * | $171 | $2,052 |
| Property Taxes | $219 | $2,628 |
| Electricity | $193 | $2,320 |
| Total | $1,743 | $20,916 |
Income You'd Need if You Spent...
Ohio FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-26 | Price change | $243,900 |
| 2026-04-17 | Listed for sale | $259,900 |
| 2023-08-22 | Listing removed | -- |
| 2023-07-12 | Price change | $268,000 |
| 2023-06-20 | Listed for sale | $280,000 |
| 2020-07-20 | Sold | $54,000 |
| 2020-06-11 | Pending sale | $50,000 |
| 2020-05-01 | Price change | $50,000 |
| 2019-05-06 | Price change | $69,905 |
| 2019-05-04 | Listed for sale | $69,900 |
| 2018-11-28 | Listing removed | $64,900 |
| 2018-10-15 | Price change | $64,900 |
| 2018-09-07 | Price change | $74,900 |
| 2018-08-15 | Listed for sale | $79,000 |
| 2018-04-19 | Listing removed | $5,000 |
| 2018-02-23 | Listed for sale | $5,000 |
| 2015-09-15 | Listing removed | $85,000 |
| 2015-07-29 | Price change | $85,000 |
| 2014-12-05 | Listed for sale | $95,000 |
| 2011-06-07 | Sold | $27,200 |
| 2011-04-27 | Price change | $33,810 |
| 2011-03-19 | Listed for sale | $36,350 |
| 2011-01-24 | Sold | $33,334 |
| 2011-01-16 | Price change | $45,450 |
| 2010-11-21 | Price change | $52,500 |
| 2010-10-23 | Listed for sale | $56,400 |
| 1999-08-02 | Sold | $94,000 |
| 1995-11-08 | Sold | $90,000 |
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