126 E Cassilly St Springfield, OH 45504
Estimated payment $1,151/month
Total Views
38,381
5
Beds
3
Baths
3,350
Sq Ft
$54
Price per Sq Ft
About This Home
PRICE REDUCED! Opportunity awaits at 126 E. Cassilly St.,Springfield's desirable College Hill neighborhood. Investors seeking strong cash-flow potential or an owner-occupant looking to offset your housing costs, this vacant three-unit property offers exceptional flexibility and upside.
All three units are currently vacant, allowing the next owner to select tenants, establish market Based on recent rental history, the property has the potential to generate approximately $3,800 per month in gross rental income, with the first and second-floor units previously renting for $1,500 per month each and the third-floor unit renting for $800 per month.
Built in 1913 and offering approximately 3,350 square feet of living space, this spacious triplex features two large units on the first and second floors, each offering 2 bedrooms with potential for a third bedroom, plus a third-floor 1-bedroom apartment. The layout provides multiple income options and strong appeal for long-term tenants.
Investors will appreciate that tenants pay their own gas and electric, helping reduce operating expenses. The roof was updated approximately six years ago, providing additional peace of mind. An adjacent lot is included, offering valuable off-street parking opportunities or additional outdoor space for tenant enjoyment.
Location is a major advantage. Situated just blocks from Wittenberg University and minutes from downtown Springfield, Snyder Park, Buck Creek, shopping, dining, and the area's bike trail system, the property benefits from strong rental demand and convenient access to local amenities.
Properties offering this combination of size, income potential, location, and value are increasingly difficult to find. With all units vacant and ready for immediate occupancy or lease-up, this is an excellent opportunity to build equity, maximize cash flow, and add a solid performing asset to your portfolio. Property is being sold as-is. Schedule your showing today.
Listing Agent
Howard Hanna Real Estate Serv Brokerage Phone: (937) 433-1776 License #2009004456 Listed on: 04/10/2026
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
3D Interior and Exterior Tours
Floorplans
Map
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Home Values in the Area
Average Home Value in this Area
Tax 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.
| 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 | $5,476 | $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
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 | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/08/2026 07/08/26 | Price Changed | $179,700 | -0.1% | $54 / Sq Ft |
| 06/16/2026 06/16/26 | Price Changed | $179,800 | -0.1% | $54 / 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®
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
John's Other Listings
Source: Dayton REALTORS®
MLS Number: 956418
APN: 34-00700-03510-8035
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information is being provided by Dayton Area Board of Realtors MLS. Information deemed reliable but not guaranteed. Information is provided for the consumer's personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Dayton Area Board of Realtors MLS. All Rights Reserved.
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