$239,500
$20K PRICE DROP

1501 E High St Springfield, OH 45505

Estimated payment $1,477/month

Total Views 2,125
-- Bed
-- Bath
4,058 Sq Ft
$59 Price per Sq Ft

About This Home

Cash-flowing 4,000+ sqft duplex with oversized units and strong in-place income! This fully occupied duplex generates $1,500/month per unit with long-term tenants in place who wish to remain, offering immediate and stable cash flow from day one. Unit 1501 - 3 beds/1 bath
Unit 202 - 4 beds/1.5 baths Each unit features approximately 2,000 square feet of living space (to seller's best knowledge), significantly larger than typical duplex units, making this a highly desirable rental option in the Springfield market. The property also includes a spacious parking area accommodating 8 vehicles, adding convenience for tenants and long-term rental appeal. Tenants are currently on month-to-month arrangements, providing flexibility for new ownership while maintaining proven rental history (per seller). Property is in functional condition and positioned as a strong investment opportunity with stability. Ideal for investors seeking: Strong cash flow
Large unit layouts
Stable occupancy
Opportunity to formalize leases and optimize operations

Listing Agent

Kelvin Hernandez

Red 1 Realty License #2025000877 Listed on: 04/17/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,468

Year Built

  • Built in 1901

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • 4,058 Sq Ft Home
  • Duplex
  • Vinyl Siding

Parking

  • 8 Parking Spaces
  • Shared Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Basement

Community Details

  • 2 Units
  • Gross Income $36,000

Listing and Financial Details

  • Assessor Parcel Number 3400700028204001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,468

Year Built

Built in 1901

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1901
  • Tax Year: 2025
  • Property Sub-Type: Duplex
  • Lot Size Acres: 0.17
  • Total Gross Income: 36000.0
  • Co List Office Phone: 614-585-9020
  • MLS Status: Active
  • Location Property Info List PriceSqFt: 59.02
  • Remarks Misc Hot Sheet Comments: price
  • General Property Info Building Sq Ft: 4058.0
  • General Property Info # of Buildings: 1.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Schools

  • Junior High Dist: SPRINGFIELD CSD 1206 CLA CO.

Lot Info

  • Parcel Number: 3400700028204001
  • Lot Size Sq Ft: 7405.2

Rental Info

  • Tenant Pays: Electricity, Gas, Sewer, Water

Multi Family

  • Monthly Rent (Other): 1500.0
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2468.0

Map

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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 $2,915 $48,080 $2,990 $45,090
2024 $1,869 $36,030 $2,690 $33,340
2023 $1,780 $36,030 $2,690 $33,340
2022 $1,901 $36,030 $2,690 $33,340
2021 $1,580 $28,760 $2,140 $26,620
2020 $1,584 $28,760 $2,140 $26,620
2019 $1,588 $28,760 $2,140 $26,620
2018 $906 $15,750 $1,940 $13,810
2017 $965 $36,628 $1,943 $34,685
2016 $967 $36,628 $1,943 $34,685
2015 $27,111 $39,568 $1,943 $37,625
2014 $2,372 $39,568 $1,943 $37,625
2013 $15,172 $39,568 $1,943 $37,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2026 06/01/26 Price Changed $239,500 -1.8% $59 / Sq Ft
04/26/2026 04/26/26 Price Changed $243,900 -6.2% $60 / Sq Ft
04/17/2026 04/17/26 For Sale $259,900 -- $64 / Sq Ft
Source: Columbus and Central Ohio Regional MLS

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
Warranty Deed $54,000 Ohio Real Estate Title Inc
Warranty Deed $36,600 Ohio Real Estate Title
Warranty Deed -- Attorney
Special Warranty Deed $27,200 None Available
Interfamily Deed Transfer -- Attorney
Sheriffs Deed $33,334 Attorney
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Warranty Deed $94,000 --
Deed $90,000 --
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Previous Owner $25,000 Purchase Money Mortgage
Previous Owner $75,000 Purchase Money Mortgage
Source: Public Records

Source: Columbus and Central Ohio Regional MLS

MLS Number: 226012601

Columbus and Central Ohio Regional MLS

APN: 34-00700-02820-4001

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