$179,900
$5K PRICE DROP

126 E Cassilly St Springfield, OH 45504

Estimated payment $1,154/month

Total Views 6,310
5 Beds
3 Baths
3,350 Sq Ft
$54 Price per Sq Ft

Highlights

  • Very Popular Property
  • Wood Siding
  • Gravity Heating System

About This Home

GREAT Investmnet Property Price Reduced $179900.00 . Welcome to College Hill Neighborhood! Great 3 unit property, all unit are now vacant. . 1st Floor unit is rents at $1500 per month, 2nd Floor $1500 & 3rd Floor $800.00 per month. The 1st and 2nd floor same floor plan with 2 bedrooms with potential 3 bedrooms. 3rd floor unit is a 1 bedroom and rented for $800.00 per month. $3800/month. Great Investment property. The roof has been updated approximately 6 years ago. There is a second lot directly adjacent to the east for extra parking or part can be fenced for a private side yard. This location is conveniently located between N Fountain and East to Limestone, literally down the street from Wittenberg University campus. Minutes from Downtown Springfield, Snyder Park, Buck Creek, Bike path and much more. 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. Property being sold in as-is condition.

Listing Agent

John Kiefaber

Howard Hanna Real Estate Serv Brokerage Phone: (937) 433-1776 License #2009004456 Listed on: 04/10/2026

Howard Hanna Real Estate Serv

Property Details

Home Type

  • Multi-Family

Year Built

  • 1913

Lot Details

  • 4,055 Sq Ft Lot
  • Lot Dimensions are 67x65x42x12x25x53

Parking

  • No Garage

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 3,350 Sq Ft Home
  • 2-Story Property
  • Basement Cellar
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Gravity Heating System

Listing and Financial Details

  • Assessor Parcel Number 3400700035108035 & 3400700035108036

Community Details

Overview

  • 3 Units
  • Cassilly & Frey Subdivision

Building Details

  • Gross Income $45,600
  • Net Operating Income $43,600

Property Details

Home Type

Multi-Family

Year Built

1913

Lot Details

4,055 Sq Ft Lot

Listing Details

  • Major Appliances: Range
  • Cooling System: None
  • Property Sub Type: Multi Family
  • Cross Street: N Limestone
  • Year Built: 1913
  • Attribution Contact: (937) 433-1776
  • Lease Assignable: No
  • Lot Size Acres: 0.093
  • Co List Office Phone: (937) 433-1776
  • MLS Status: Active
  • Living Area: 3350.0
  • Master Plan Zoning: Residential
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Sewer: Storm Sewer
  • Property Type: Residential Income
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Stories: 2

Exterior Features

  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Cellar

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Heating: Gravity
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Springfield

Lot Info

  • Lot Dimensions: 67x65x42x12x25x53
  • Lot Size Sq Ft: 4055.0
  • Parcel Number: 3400700035108035 & 3400700035108036
  • Zoning Description: Residential

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Annual Gross Income: 45600.0
  • Property Net Operating Income: 43600.0
  • Number Of Units Total: 3

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2026 05/26/26 Price Changed $179,900 -2.8% $54 / Sq Ft
05/26/2026 05/26/26 For Sale $185,000 0.0% $55 / Sq Ft
04/26/2026 04/26/26 Pending -- -- --
04/22/2026 04/22/26 For Sale $185,000 0.0% $55 / Sq Ft
04/15/2026 04/15/26 Pending -- -- --
04/10/2026 04/10/26 For Sale $185,000 -- $55 / Sq Ft
Source: Dayton REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed $80,000 None Available
Sheriffs Deed -- None Listed On Document
Source: Public Records

About the Listing Agent

John Kiefaber

Howard Hanna Real Estate Serv

(326) 946-6420

Section Image

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: Dayton REALTORS®

MLS Number: 956418

Dayton REALTORS®

APN: 34-00700-03510-8035

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