126 E Cassilly St Springfield, OH 45504
Estimated payment $1,242/month
Highlights
- No HOA
- Forced Air Heating System
- Wood Siding
- Porch
About This Home
This spacious three-unit investment property in Springfield's College Hill neighborhood offers strong income potential and a highly desirable location near Wittenberg University, just minutes from downtown Springfield, Snyder Park, Buck Creek, bike paths, and more. Built in 1913 with approximately 3,350 square feet, the property features two large units on the first and second floors, each offering 2 bedrooms with a possible 3rd bedroom, a large living area, and a kitchen. The third-floor unit includes 1 bedroom, a living area, kitchen, and bath.Current rental potential is impressive, with the first and second floor units renting for $1,500 per month each and the third-floor unit at $800 per month, creating a total potential gross income of $3,800 per month. Tenants pay their own gas and electric, while the landlord covers water, trash, and sewer.With its size, layout, location, and solid rental structure, this property presents a fantastic opportunity for an investor seeking strong cash flow and long-term upside.
Listing Agent
Howard Hanna Real Estate Services License #2009004456 Listed on: 04/10/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,052
Year Built
- Built in 1913
Parking
- No Garage
Home Design
- Triplex
- Stone Foundation
- Wood Siding
Interior Spaces
- 3,350 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
Additional Features
- Porch
- 2,614 Sq Ft Lot
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 3400700035108035
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,383 | $62,340 | $2,470 | $59,870 |
| 2024 | $8,367 | $42,820 | $2,010 | $40,810 |
| 2023 | $4,660 | $42,820 | $2,010 | $40,810 |
| 2022 | $3,359 | $42,820 | $2,010 | $40,810 |
| 2021 | $2,063 | $37,550 | $1,760 | $35,790 |
| 2020 | $2,293 | $41,630 | $1,760 | $39,870 |
| 2019 | $2,299 | $41,630 | $1,760 | $39,870 |
| 2018 | $2,053 | $35,700 | $1,760 | $33,940 |
| 2017 | $2,052 | $35,700 | $1,764 | $33,936 |
| 2016 | $2,055 | $35,700 | $1,764 | $33,936 |
| 2015 | $18,928 | $35,700 | $1,764 | $33,936 |
| 2014 | $2,086 | $35,700 | $1,764 | $33,936 |
| 2013 | $8,713 | $35,700 | $1,764 | $33,936 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/10/2026 04/10/26 | For Sale | $185,000 | -- | $55 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $80,000 | None Available | |
| Sheriffs Deed | -- | None Listed On Document |
About the Listing Agent
John has been a real estate professional since 1994 and obtained his broker real estate license in 2009. He focuses his efforts on Residential, Investment, Multiple Family and Commercial properties. Howard Hanna Real Estate Services specializes in all fields of real estate, including residential, commercial, property management, investments, and foreclosed properties. He has a team of 10 highly skilled and experienced professionals who understand the importance of communication, accuracy, and
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Source: Western Regional Information Systems & Technology (WRIST)
MLS Number: 1044905
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Ask me questions while you tour the home.