126 E Cassilly St Springfield, OH 45504
Estimated payment $1,154/month
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
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
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 |
|---|---|---|---|---|
| 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 |
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 |
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: Dayton REALTORS®
MLS Number: 956418
APN: 34-00700-03510-8035
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Ask me questions while you tour the home.