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534 Homeview Ave #536, Springfield, OH, 45505

7beds
2baths
2,660sqft
$174,999
$66price/sqft
$1,466/moest. monthly cost
$58,640/yrincome needed

About This Home

Income Producing Duplex Offering Immediate Rental Income. This Two Unit Property Features Approximately 2,660 Square Feet On A 0.16 Acre Lot. One Unit Is Currently Occupied, Providing Immediate Cash Flow, While The Second Unit Is Vacant And Ready For A New Tenant Or Owner Occupant. The Duplex Includes One 3 Bedroom, 1 Bathroom Unit And One 4 Bedroom, 1 Bathroom Unit, Offering Spacious Floor Plans And Strong Rental Potential. Both Units Feature Generous Living Areas, Functional Kitchens, Large Windows, And Separate Entrances. Tenants Pay Electric, Gas, And Trash Collection, While The Owner Pays Water. A Basement Provides Additional Storage, And On Street Parking Is Available. Located Near Downtown Springfield, Shopping, Dining, Parks, And Major Commuter Routes, This Property Offers An Opportunity For Investors Seeking A Partially Occupied Duplex, Buyers Expanding A Rental Portfolio, Or Owner Occupants Interested In Living In One Unit While Collecting Rent From The Other. Roof (23), Furnaces (23) , Gutters (23) , & Windows (23).

Getting Around

61
WalkingSomewhat Walkable
0
TransitVery Limited Transit
63
BikeBikeable

Schools

4/10
5/10
Hayward Middle SchoolGrades 7-80.9 mi
4/10
Springfield High SchoolGrades 9-122.1 mi

Construction

Condition

  • Year built: 1871

Materials

  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 2
  • Full bathrooms: 2

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 2,660
  • Total interior livable area: 2,660 sqft

Property

Details

  • Parcel number: 3400700034231006
  • Zoning: Residential
  • Zoning description: Residential

Lot

  • Lot size: 6,969 sqft
  • Lot size dimensions: 50 x 141

Parking

  • Parking features: No Garage

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

No climate risk data available.

How This Home’s Risks Compare

FEMA Declared Disasters Across Ohio Counties

Flood

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 $884$10,608
Home Insurance *$130$1,560
Property Taxes $167$2,004
Electricity $285$3,423
Total$1,466$17,592
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$50,262/yr
40% on housing$43,980/yr
45% on housing$39,093/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: 8.6%
8.6%
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

$66This listing

vs Other Active Listings

Avg $/sqft

ZIP 45505$109
Clark County$124

vs Homes Sold Last Month

Median $/sqft

ZIP 45505$135
Clark County$158

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
2026-07-24Listed for sale$174,999

For Sale by Agent

AgentJulie Wills
BrokerageHoward Hanna Real Estate Serv

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